Chaos in Cancun as ASUR is hit by injunction
15-May-2001
?Incumbent retailers in Cancun airport, including duty-free
concessionaire Weitnauer America, have formed a committee that has
taken airport operator ASUR to court. As a result a judge has
issued an injunction on the new allocation of retail space at the
airport. ASUR has therefore been unable to award the new duty-free
concessions, although it is understood to have already selected one
of the five companies that were initially invited to tender.
Meanwhile, construction of the extension to the scheduled terminal
has ceased. ASUR's share price on the Mexico City Stock Exchange
continues to fall.
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(18-May-2001) - MEXICO. Incumbent retailers in Cancún airport, including duty-free concessionaire Weitnauer America, have formed a committee to take airport operator Grupo Aeroportuario del Sureste (ASUR) to court. As a result a judge has issued an injunction against the allocation of new retail space at the airport.
(24-May-2001) -
(29-Oct-2004) - Mexican airport operator Grupo Aeroportuario del Sureste (ASUR) has reported a 78.5% year-on-year increase in its duty-free revenues to September 30
(30-May-2001) -
(17-Feb-2001) -

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Chaos in Cancun as ASUR is hit by injunction
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