Grupo Aeroportuario del Sureste, S.A.B. de C.V., partner in Aerostar Airport Holdings, LLC and operator of the Luis Muñoz Marín International Airport in San Juan and the Public Sector Pension Investment Board, one of Canada's largest pension investment managers, announced Tuesday their collective acquisition of a 50 percent interest in Aerostar Airport Holdings LLC.
The massive exodus of Puerto Ricans to the U.S. mainland and the island’s continuing financial mess is certainly bad news, but the increased air traffic has been a bonanza for Aerostar Airport Holdings LLC, the company that’s taken over management of San Juan’s Luis Muñóz Marín International Airport.
Grupo Aeroportuario del Sureste (ASUR), one half of the Aerostar Airport Holdings, LLC consortium that won the bid to take over the management and operation of the Luis Muñoz Marín Airport in Puerto Rico, said Wednesday it has obtained the necessary 139 certificate from the Federal Aviation Administration, and is ready to start modernizing the airport.