Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (OMAB) Q3 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings, and welcome to the Grupo Aeroportuario del Centro Norte OMA third quarter 2024 earnings conference call. At this time, all participants are in listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance, please press star zero from your telephone keypad. As a reminder, this conference is being recorded. At this time, it is now my pleasure to introduce Emmanuel Camacho, Investor Relations Officer. Thank you. You may now begin. Thank you, Rob, and good morning, everyone. Welcome to UMass Third Quarter 2024 Hearing Needs Conference Call. Joining this morning, our CEO, Ricardo Reyes, and CFO, Rufo Perez-Pierro. Please be reminded that certain statements made during the course of our discussion today may constitute forward-looking statements which are based on current management expectations and beliefs and are subject to a number of recent uncertainties that could cause actual results with different material, including factors that may be beyond our control. I'll now turn the call over to Ricardo Dueñas for his opening remarks. Thank you, Emmanuel. Hello, everyone. We appreciate your presence on this call today. First, I will highlight our operational performance, financial results, and Catholic development. Finally, we'll be pleased to answer some questions. During the third quarter, OMA passenger traffic reached 7 million, a decrease of 5.3% in the third quarter of last year. This decree was mainly related to the Pratt & Whitney engine recall, which continues to have an impact on the fleet of the Mexican low-cost carriers. On the domestic front, passenger traffic declined by 7.4%, excluding Acapulco, where the destination continues to recover from the impact of hurricane Otis in October 23...