< Back to all clusters
[BUSINESS] · Mexico · 8 sources

Mexican airport operators see >6% stock drop as World Cup lowers passenger traffic

In June 2026, a drop in tourist arrivals linked to the FIFA World Cup 2026 led Mexico’s three major airport groups—Grupo Aeroportuario del Sureste (ASUR), Grupo Aeroportuario del Pacífico (GAP) and Grupo Aeroportuario del Centro Norte (OMA)—to report significant declines in passenger traffic and market values. Across the first half of the year, combined traffic fell 2.96% compared with the same period in 2025, with GAP down 5.1% year‑on‑year, ASUR’s total traffic dropping 8.5% and OMA showing a modest 2.4% increase. Stock prices of the groups slipped more than 6% on the Bolsa Mexicana de Valores, and individual airport operations fell between 4.6% and 6.1%. The most affected tourist destinations were Puerto Vallarta (‑18.7%) and Los Cabos (‑9.7%).

Analysts noted that the expected tourism boost from the tournament did not materialise, citing persistent headwinds such as higher jet‑fuel prices, security concerns following the killing of drug leader El Mencho, and broader supply constraints. The downturn highlights ongoing challenges for Mexico’s tourism and aviation sectors despite the high‑profile event.