Grupo Aeroportuario del Centro Norte S.A.B. de C.V. ADS  (OMAB) Trade Now »     Rate OMAB  -  Discuss OMAB  -  Add to Watch List        

Once again swine flu is causing headlines and the mobilization of health professionals and the government in combating it. Again? In 1976 President Gerald Ford put into motion a massive vaccination effort to halt the spread of swine flu on the advice of medical experts. About 40 million Americans were inoculated before the program was stopped.

While death is tragic, it isn’t helpful to sensationalize what is happening. For example:

Grupo Aeroportuario (OMAB) operates 13 airports in Central and Northern Mexico as local state awarded monopolies. These facilities were privatized in 1998 and OMAB thus avoided all initial airport construction costs (while agreeing to pay for any future capital expenses that may arise). The company generates about 80% of its revenues through per-passenger, take-off and landing fees with the remainder coming from parking fees, retail royalties and other concessions. In some regions they also own contiguous land that might be profitably developed in the future.

Sometimes it actually rains in Southern California, or just becomes overcast during January and February every year. During that time the depressed residents of this area enjoy nothing more than a trip to balmy climates just south of the border where their dollar goes a little further and the SPF 50 cocoa butter is plentiful off season. Grupo Aeroportuario del Pacifico S.A.B de C.V. (PAC) [GAP] is a company that welcomes the Smog Birds of Southern California to their airports on their way to the vacation resort of their choice.