Mexican airport operator Grupo Aeroportuario del Sureste (ASUR) said it has been disqualified by the Port Authority of New York and New Jersey from bidding for the $3.6 billion redevelopment of LaGuardia Airport, one of three major airports in the New York metropolitan area.
As a result, the Aerostar consortium, of which ASUR is a 50 percent equity member, is no longer participating in the bidding process, the Mexican operator said in a statement without providing a reason for the disqualification. The other equity member is fund manager Highstar Capital.
ASUR did not respond to a request for comment, while the Port Authority, which operates LaGuardia, also declined comment.
Aerostar was one of four shortlisted teams the Port Authority had selected in July 2013 that would compete to design, build, finance, operate and maintain the airport’s central terminal building (CTB).
The project involves demolishing the existing 835,000 square foot-CTB and replacing it with a 1.3 million square foot, 35-gate terminal building, according to the airport operator’s website. Its surrounding infrastructure which includes frontage roads, aprons, utilities, a central heating and refrigeration plant and other support facilities, will also be replaced.
ASUR is the operator of Cancun Airport as well as eight other airports in southeast Mexico. It is also a 50 percent joint venture partner in Aerostar Airport Holdings, operator of the Luis Munoz Marin International Airport in San Juan, Puerto Rico.