The United States has approximately 20,000 airports with only one in Branson, Missouri, that is privately run. Many other countries have privatized many of their airports including Mexico, Australia, India and Spain. Two Mexican airport operators trade on the New York Stock Exchange while a third is listed on the Nasdaq. It seems odd in a nation that rails against regulation, that there's absolutely no private ownership. Interested investors can buy the stock of one or more of these companies. We'll decide which is the best investment.
Grupo Aeroportuario del Centro Norte (Nasdaq:OMAB)
The smallest of the three airport operators, it holds a 50-year concession through 2048 to operate 13 airports and one hotel in 10 states in the central-north area of Mexico. I'm most familiar with the Acapulco and Zihuatanejo airports, which I've traveled through on past vacations. In 2011, its passenger traffic increased 1.6% to 11.8 million people. Owned in part by a consortium that includes ICA, Mexico's leading construction and infrastructure company, as well as the people who own the Paris airport, the public's 41% interest is in good hands. (more)
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