Aerostar Airport Holdings Explained

Type:	Privately held company Joint venture
Industry:	Transportation
Genre:	Airports
Area Served:	Puerto Rico
Key People:	Jorge Hernández ^[1] President & CEO
Services:	Operates the Luis Muñoz Marín International Airport
Owner:	PSP Investments / AviAlliance Grupo Aeroportuario del Sureste
Hq Location:	San Juan, Puerto Rico

Aerostar Airport Holdings, LLC is the public–private partnership, privately held company, and limited liability company that operates and manages the Luis Muñoz Marín International Airport on behalf of the Puerto Rico Ports Authority.^{[2] [3]} Since 2017, the company is 60% owned by Grupo Aeroportuario del Sureste, a Mexican airport management firm,^[4] and 40% by PSP Investments/AviAlliance. Aerostar has a forty-year lease to manage and upgrade the airport, including the investment of nearly $1.4 billion in capital improvements over the course of the lease.

Notes and References

1. News: Encaminada la APP aérea . Joanisabel . González . November 15, 2012 . February 27, 2013 . . es . [... ]Jorge Hernández, Executive of Aerostar[... ] .
2. Web site: Aerostar signs lease for Luis Muñoz Marín Airport . . June 24, 2012 . February 25, 2013 .
3. Web site: A New Vision for Luis Muñoz Marín International Airport . Aerostar Airport Holdings . July 2012 . February 25, 2013 . https://web.archive.org/web/20140419012020/http://www.app.gobierno.pr/wp-content/uploads/2012/07/Aerostar-Media-Roundtable-Pres-Jul-24-2012-English-2.pdf . 2014-04-19 . dead .
4. News: Puerto Ricans protest deal with Mexican firm to run airport . . February 13, 2013 . February 25, 2013 . https://web.archive.org/web/20130301110131/http://latino.foxnews.com/latino/news/2013/02/21/puerto-ricans-protest-deal-with-mexican-firm-to-run-airport/ . 2013-03-01 . dead .