Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (OMAB) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, greetings and welcome to the Grupo Aeroportuario del Centro Norte Omaha first quarter 2025 earnings conference call. At this time, all participants are in the listen-only mode. A brief question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star and zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Emmanuel Camacho, Investor Relations Officer. Please go ahead, sir. Thank you, Enrico. Hello, everyone. Welcome to OMA's first quarter 2025 earnings conference call. We're delighted to have you join us today as we discuss our company's performance and financial results for the past quarter. Joining us today are our CEO, Ricardo Reyes, and CFO, Rufo Perez-Priego. Please be reminded that certain statements made during the course of our discussion today may constitute forward-looking statements which are based on credit management expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially, including factors that may be beyond our control. And now I'll turn the call over to Ricardo Nunez for his opening remarks. Thank you, Emmanuel. Good morning, everyone. We appreciate your presence on this call today. This morning, Rufo and I will review our quarterly operational financial results, and then we will be pleased to answer your questions. In the first quarter of this year, OHA's passenger traffic totaled 6.4 million passengers, a 9.1% increase year over year. This increase was mainly attributable to an increase in seat capacity of 13.4% during the quarter. On the domestic front, passenger traffic grew by 8%, driven prima...