Post-Election Uncertainty Impacts Mexican Airports, FVE Adjustments on the Way
Donald Trump winning the 2016 presidential election raised uncertainty surrounding the Mexican airports we cover. Wide moat-rated airports, Grupo Aeroportuario del Pacifico, or GAP, Grupo Aeroportuario del Centro Norte, or OMA, and Grupo Aeroportuario del Sureste, or ASUR, have suffered a sharp drop in their share prices following the U.S. election, and we believe volatility will persist over the next several months. Mexican airports have experienced substantial growth in passenger numbers and r...
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