Mexicans win $2.6 billion Puerto Rico airport deal
Friday, July 20, 2012
A Mexican company will take over operations of Puerto Rico’s main international airport as part of a $2.6 billion deal that the U.S. territory’s government said will improve service and increase the number of flights and destinations.
Aerostar Airport Holdings said it plans to invest more than $1.4 billion at the Luis Muñoz Marín airport in San Juan.
The company is a joint venture of Highstar Capital and Grupo Aeroportuario del Sureste, which operates the Cancun airport and eight other airports in southeastern Mexico.
Source: Washington Post