Grupo Aeroportuario del Sureste (ASUR) announced on March 12th that the Aerostar consortium has been disqualified by the Port Authority of New York and New Jersey in the tender process for the design, build, finance, operate, and maintenance of LaGuardia Airport Central Terminal Building Replacement Project.
ASUR is the first privatized airport group in Mexico and operator of Cancun Airport and eight other airports in southeast Mexico, as well as a 50% JV partner in Aerostar Airport Holdings, LLC, operator of the Luis Munoz Marin International Airport in San Juan, Puerto Rico.
The consortium Aerostar New York Holdings, LLC was formed by Highstar Capital IV LP, its related funds and ASUR.
The other three consortia continue in the tender process. These three teams are:
The project involves: