Aerostar Airport Holdings

Aerostar Airport Holdings
Privately held company
Joint venture
Industry Transportation
Genre Airports
Founded March 14, 2012 (2012-03-14)
Area served
Puerto Rico
Key people
Agustin Arellano[1]
President & CEO
Services Operates the Luis Muñoz Marín International Airport
Owner Highstar Capital
Grupo Aeroportuario del Sureste
Website www.aerostarairports.com

Aerostar Airport Holdings, LLC is the public-private partnership, privately held company, and limited liability company that operates and manages the Luis Muñoz Marín International Airport on behalf of the Puerto Rico Ports Authority.[2][3] The company is an equitable joint venture between Highstar Capital, an infrastructure investment firm, and Grupo Aeroportuario del Sureste, a Mexican airport management firm.[4] Aerostar has a forty-year lease to manage and upgrade the airport, including the investment of nearly $1.4 billion in capital improvements over the course of the lease.

About ASUR

ASUR is a Mexican airport operator with concessions to operate, maintain and develop the airports of Cancún, Mérida, Cozumel, Villahermosa, Oaxaca, Veracruz, Huatulco, Tapachula and Minatitlán in the southeast of México. The Company is listed both on the NYSE in the U.S., where it trades under the symbol ASR, and on the Mexican Bolsa, where it trades under the symbol ASUR.

About Highstar Capital

Highstar Capital is an independently owned and operated private equity firm with an operationally focused, value-added strategy. Based in New York, the firm was founded in 1998 and currently manages more than $5.6 billion on behalf of its managed funds and co-investment vehicles in a diversified portfolio of energy, transportation and environmental/waste management assets and businesses.

References

  1. González, Joanisabel (November 15, 2012). "Encaminada la APP aérea". El Nuevo Día (in Spanish). Retrieved February 27, 2013. [ ... ]Agustín Arellano, Executive of Aerostar[ ... ]
  2. "Aerostar signs lease for Luis Muñoz Marín Airport" (PDF). Aeropuertos del Sureste. June 24, 2012. Retrieved February 25, 2013.
  3. "A New Vision for Luis Muñoz Marín International Airport" (PDF). Aerostar Airport Holdings. July 2012. Retrieved February 25, 2013.
  4. "Puerto Ricans protest deal with Mexican firm to run airport". EFE. February 13, 2013. Retrieved February 25, 2013.

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