MEXICO. Airport management firm GAP (Grupo Aeroportuario del Pacifico) has signalled its intention to upgrade its 12 airport terminals and expand the commercial areas.
According to a report in Mexican newspaper El Economista, GAP’s General Manager Carlos del Rio said the company plans to invest Ps$1,500 million in the modernisation and maintenance of the 12 airport terminals it controls between 2005 and 2009. It would also expand the commercial area in the terminals, which account for 16% of GAP’s income.
GAP has invested Ps$1,460 million between 2000 and 2004 – Ps$416,824 million in Guadalajara and Ps$286,249 million in Tijuana airports.
In related news, the 85% stake held by the Mexican government in GAP could end up in the hands of the minority partners Aena (Aeropuertos Espanoles y Navigacion Aerea) and Dragados, which are reportedly keen to bid for the government shares to be placed in the market by Nafin.
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Mexican president announces plan for major expansion of capital’s airport – 31/05/03
