ASUR threatens legal action over antitrust ruling; GAP shares gain ground
Mexican airport operator GAP confirmed it is considering a legal challenge to a decision by the Mexican Federal Competition Commission barring it from bidding for a tender to build and operate an airport in the Caribbean resort strip known as Riviera Maya. ASUR’s largest airport, Cancun, is located 130km north of the proposed new airport. Rival, GAP, is bidding on the project in cooperation with Grupo Mexico, as is consortium Corporacion America and Tradeco Infraestructura.
