The Mexican Airport Law and its regulations establish the general regulatory framework for the construction, operation, maintenance and utilization of the Mexican airport facilities. This law establishes that the Ministry of Communications and Transportation (SCT) is the primary regulator of airport operations. The purpose of Mexican Airport Law is to promote the expansion, development and modernization of Mexico's airport infrastructure by encouraging investment and competition.
- On June 29, 1998, the Ministry of Communications and Transportation granted to the subsidiaries making up the Grupo Aeroportuario del Centro Norte concessions to operate 13 airports in the north and central regions of Mexico.
- As authorized under the Mexican Airport Law each of the concessions is held by our subsidiaries for an initial 50-year term which began in 1998. This initial term may be renewed in one or more terms for up to an additional 50 years.
- Concession holders are required to provide airport security, which must include contingent and emergency plans in accordance with the regulations under the Mexican Airport Law.
The concessions impose obligations on the concession holders, including, obligations (i) to pay a concession fee (ii) to deliver concession services in a continuous, public and non-discriminatory manner, (iii) to maintain the airports in good working condition and (iv) to make investments in infrastructure and equipment in accordance with the master development programs.
- Mexican Airport Law
- Regulations under the Mexican Airport Law
- Communications Law
- Civil Aviation Law
- Regulations under Civil Aviation Law
- Federal Duties Law
- Nacional Assets Law
- Federal Administrative Procedures Law
- Federal Metrology and Normalization Law
- Federal Civil Code
- Federal Civil Procedures Code
- Commerce Code