Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (GAERF)

Overview

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., along with its subsidiaries, plays a pivotal role in the development, operation, and maintenance of airports across Mexico. Since its inception in 1998, with headquarters located in Mexico City, Mexico, the company has been granted concessions enabling it to helm operations of 13 international airports. These airports are strategically distributed across various cities including Monterrey, Acapulco, Mazatlán, Zihuatanejo, Ciudad Juárez, Reynosa, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas. Beyond airport operations, the company extends its prowess to hospitality, by managing the NH Collection Hotel within Mexico City International Airport’s Terminal 2 and a Hilton Garden Inn at the Monterrey International Airport, showcasing its diversified interests and operational capabilities.

Products and Services

Grupo Aeroportuario del Centro Norte offers a comprehensive suite of aeronautical and non-aeronautical services aimed at enhancing the travel experience and maximizing the efficiency of airport operations.

• Aeronautical Services - The company's aeronautical offerings include a range of essential services: passenger, aircraft landing and parking, boarding and unloading, passenger walkways, and airport security services. These services are critical to the smooth operation of the airports and the comfort and safety of passengers.
• Non-Aeronautical Services - This category encompasses leasing spaces to airlines, cargo handling, baggage screening, and managing both permanent and non-permanent ground transportation, along with access rights services. It also includes leasing of spaces to commercial tenants like retail stores and restaurants, maintenance of parking facilities, and advertising services. These services contribute significantly to the revenue and enhance the passenger experience by providing various amenities and conveniences.
• Diversification Services - The company further diversifies its portfolio by engaging in the operation and leasing of an industrial park and offering real estate services, as well as operating hotels and providing air cargo logistics services. This diversification strategy not only broadens the company’s business scope but also stabilizes its revenue streams beyond conventional airport services.
• Construction Services - Grupo Aeroportuario del Centro Norte takes an active role in the construction sector, providing services that contribute to the expansion and modernization of its facilities. This involvement ensures that the airports meet international standards and can accommodate future growth.
• Strategic Alliance - A key partnership with VYNMSA Desarrollo Inmobiliario, S.A. de C.V. empowers the company to embark on building and operating an industrial park at the Monterrey airport. This strategic alliance underlines the company’s forward-looking approach and its commitment to leveraging partnerships for expansive growth.