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MBJ Airports’ head drops MoBay, takes up 12 in Mexico
Fernando Bosque
Business
January 4, 2011

MBJ Airports’ head drops MoBay, takes up 12 in Mexico

MBJ Airports’ head Fernando Bosque Mohíno has dropped the top position at the sole airport operations to oversee the management of 12 in Mexico, for which Abertis, the ultimate owner of MBJ, has the concessions.

Last week, Grupo Aeroportuario del Pacifico (GAP), the company under which Abertis operates the 12 airports in Mexico, announced the resignation of Jorge Sales Martínez due to “personal and health reasons” and the appointment of Bosque as his replacement.

To December to make Bosque the new CEO was approved by the board on December 23.

Bosque, who has 34 years experience in the airport sector, has been in Jamaica since 2003, when the Abertis Group took up the 30-year concession for the redevelopment and operation of Montego Bay’s Sangster International Airport, in which it owns 74.5 per cent.

Bosque oversaw the expansion of the airport to handle capacity of nine million passengers per year, the increase in the size of the parking apron by 46 per cent, the doubling of the terminal building’s capacity and the installation of 12 new boarding bridges.

Now, Bosque will have to oversee GAP’s five-year plan, which was successfully negotiated and approved in 2009 and which features a six per cent rate increase and the setting out of a new investment framework over the five-year period.

The 12 airports throughout Mexico’s Pacific region include the major cities of Guadalajara and Tijuana, the four tourist destinations of Puerto Vallarta, Los Cabos, La Paz and Manzanillo, and six mid-sized cities: Hermosillo, Guanajuato, Morelia, Aguascalientes, Mexicali and Los Mochis.

In February 2006, GAP’s shares were listed on the New York Stock Exchange under the ticker symbol “PAC” and on the Mexican Stock Exchange under the ticker symbol “GAP”.

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