According to the General Airports Law on Airports and its regulations, Company revenues are classified as aeronautical services and non-aeronautical services.
Aeronautical services include those services provided to airlines and passengers as well as complementary services.
Non-aeronautical services include those services that are not essential for operating an airport, such as the lease of commercial premises, restaurants and banks.
Revenues generated by aeronautical services are under a price regulation system administered by the Ministry of Communications and Transportation for airport concessions, which establishes a maximum rate (TM) for each year in a five-year period. The TM is the maximum amount of revenue per “work load unit” that may be earned at an airport each year from regulated sources. Under this regulation, a work load unit is equivalent to one passenger (excluding transit passengers) or 100 kilograms (220 pounds) of cargo.
Non-aeronautical services are not covered by the regulation system administered by the Ministry of Communications and Transportation. However, in some cases, they may be regulated by other authorities, as is the case with revenues generated from the operation of parking lots.
Under the General Airports Law and its regulations, revenues generated from the operation of parking lots are considered aeronautical revenues. For purposes of these financial statements, such revenues are classified as non-aeronautical.
Following is a detail of the composition of revenues of the Company, using the classification established by the General Airports Law and its related regulations, with the exception of non-aeronautical revenues as mentioned in the preceding paragraph:
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Year ended December 31, |
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2017 |
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2016 |
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2015 |
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Aeronautical services: |
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Domestic TUA |
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Ps. |
2,801,751 |
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Ps. |
2,477,711 |
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Ps. |
1,863,875 |
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International TUA |
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921,539 |
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810,519 |
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632,834 |
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Landing charges |
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178,638 |
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167,298 |
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150,739 |
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Platform for embarking and disembarking |
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119,123 |
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|
118,004 |
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107,465 |
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Aircraft parking charges on extended stay or overnight |
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31,923 |
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33,242 |
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30,284 |
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Domestic and international passenger and carry-on baggage check |
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48,762 |
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37,925 |
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36,433 |
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Aerocars and jetways |
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44,234 |
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40,715 |
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38,983 |
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Other airport services, leases and regulated access rights(3) |
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201,061 |
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187,321 |
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172,517 |
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Total revenues from aeronautical services(1) |
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Ps. |
4,347,031 |
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Ps. |
3,872,735 |
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Ps. |
3,033,130 |
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Year ended December 31, |
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2017 |
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2016 |
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2015 |
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Non-aeronautical services: |
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Commercial activities |
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Car parking charges |
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Ps. |
200,948 |
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Ps. |
192,063 |
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Ps. |
181,631 |
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Advertising(2)(3) |
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106,045 |
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120,591 |
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115,579 |
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Retail operations(2)(3) |
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106,908 |
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97,631 |
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75,975 |
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Food and beverage(2)(3) |
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101,577 |
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85,995 |
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67,187 |
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Car rental operators(2)(3) |
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92,770 |
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75,966 |
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60,168 |
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Time share developers(2)(3) |
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13,193 |
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13,967 |
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12,283 |
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Financial services(2)(3) |
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7,418 |
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6,457 |
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5,930 |
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Communication and services(2)(3) |
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13,604 |
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10,362 |
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13,120 |
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Services to passengers |
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2,662 |
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2,803 |
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2,669 |
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VIP lounges |
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20,453 |
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16,937 |
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10,119 |
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Loyalty program |
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- |
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911 |
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1,772 |
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Other services |
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31,420 |
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26,787 |
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23,421 |
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Total revenue from commercial activities |
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696,998 |
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650,470 |
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569,854 |
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Diversification activities: |
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Hotel services |
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340,279 |
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311,679 |
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229,352 |
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OMA Carga |
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152,963 |
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132,211 |
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107,443 |
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Real estate services |
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12,328 |
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12,988 |
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10,966 |
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Industrial services |
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14,647 |
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4,952 |
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— |
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Other services |
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4,405 |
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5,852 |
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2,088 |
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Total diversification activities |
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524,622 |
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467,682 |
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349,849 |
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Complementary activities: |
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Leasing of space(2)(3) |
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73,575 |
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67,784 |
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69,376 |
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Access rights |
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16,538 |
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13,984 |
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11,156 |
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Documented baggage inspection |
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132,262 |
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121,400 |
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99,974 |
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Other services (CUSS and CUTE)(4) |
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12,343 |
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11,442 |
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11,332 |
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Total of complimentary activities |
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234,718 |
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214,610 |
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191,838 |
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Total revenue from non-aeronautical services |
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Ps. |
1,456,338 |
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Ps. |
1,332,762 |
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Ps. |
1,111,541 |
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(1) |
For the year ended December 31, 2017, 2016 and 2015, includes incentives given to airlines for Ps. 62,048, Ps.11,759, and Ps.245,553, respectively. |
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(2) |
These revenues are considered as commercial concessions. |
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(3) |
Revenues from commercial concessions and complementary activities are generated principally based on the terms of Company’s operating lease agreements. Lease agreements are based on either a monthly rent (which generally increases each year based on the NCPI) and/or the greater of a monthly minimum guaranteed rent or a percentage of the lessee’s monthly revenues. Monthly rent and minimum guaranteed rent are included under the caption “Commercial concessions” above. |
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(4) |
Corresponds to other revenues for complementary activities, primarily Common-Use Self Service (CUSS), revenues from passengers’ self-service kiosks, and Common-Use Terminal Equipment (CUTE) corresponds to revenues from shared terminal equipment for the airlines’ use located in terminal gates |
Approximately 82%, 75%, and 77% of consolidated revenues for the years ended December 31, 2017, 2016 and 2015, respectively, were generated by the Monterrey, Acapulco, Mazatlán, Culiacan, Chihuahua, Ciudad Juarez, and Zihuatanejo airports.