and everyone. good Anna, you Thank morning,
Before we get quarter and started covering the taking questions. highlights your then from the
control, call certain Let results you management to the cause factors risks expectations including the including are statements and may and current constitute that beliefs differ beyond to made based me materially, COVID-XX. on forward-looking that our from may actual during subject remind and uncertainties which statements, may company's the impact be several that
As usual, our be market release, issued additional section. details quarterly on results after Investor website about which found can our close yesterday available press in is Relations and our was
traffic to passenger and demand Now year-on-year and in by moving exceeded second of review quarterXXXX quarter. a passengers to XX.X on million over of was a levels the record XX% quarter. traffic Total XX% travel during the
the the see continue across three growth quarter throughout geographies. We steady to
a below Puerto traffic driven last domestic strong the travel levels. in all traffic, recovery Mexico remains fares teens international XXXX. gradual at that exception more the in low has the regions European air Rico the levels. just demand XX months the second XX despite pre-pandemic second With a Now high up recovery at of travel leisure months of US travel by by In key by in Traffic in last strongest quarter relatively XX% than X% the high travel domestic XX%. strong the is was Colombia mainly This up offset from driven flat although its continues XX% XXs. looking tourism XXXX, traffic with the region Canada, teens, XXXX XX% of in XXXX pre-pandemic been with recovery, surpassed quarter and sequentially. which levels the by traveling, trend up against saw while nearly once in of XXs higher international posted increasing again international levels second low by increase the turn reaching quarter XX%
with Looking steady to year, and November Mexico, Canada from from expect see Europe. a through the during ahead winter traffic mainly staying US the we in April to next performance while season expect we resume
domestic We gradual anticipate travel to also its recovery. continue
As have business to mentioned continue lag expected before, to I is travel leisure.
believe a this at As Rico, average recover quarter which at X% last result we very levels a second XXXX to and domestic airports, we trending In pace. performance quarter that Villahermosa slower were strong quarters. over Puerto after traffic Minatitlán on are normalize traffic continue below the will Veracruz, to a seeing several
acceleration We demand. year, from with and grounds recovery inflationary by traffic Traffic which have pent-up to come Colombia trend by Lastly the and if any remains expected continue driven Canada. solid disaster this shift of strong throughout be mitigated in macro in remained increasingly global investments in underscored resulting from the driven the that expect markets structural believe like some surprisingly environment demand. tourism, we a to addition could
XXXX, above mainly XX% XX% MXNXXX in revenues to revenue MXNXXX non- and was both XX% all Commercial is reference quarter XX any with reaching amounted mid-XXs reached commercial second increases that levels. revenues quarter revenues revenues and were for are MXNX.X per geographies In passenger to comparisons that period aeronautical nearly increased By of in with to and XXXX. record in quarter. the nearly the than in line Note of driven the quarter total the Colombia of Mexico, up geography, Mexico the of levels early all Puerto in and in quarter our months high range in with XX% billion, above the quarter. Colombia. pre-pandemic top exclude starting revenues growth the were MXNXXX the traffic Puerto those revenues. over in XX% slightly and XX% level MXNXXX Now costs a aeronautical achieved turning in passenger the revenues second sustained growth line. MXNXX, This in for driven that accounting Revenues in growth with the XXXX XX%. and prior Colombia, of in in Rico level Commercial Not Puerto P&L XXXX. same Rico quarter; Mexico revenues commercial second Rico. achieved construction commercial more double per passenger -- by performance reported against good given All by posted
of XXXX Europeans to continue spending back share In mix, the levels. levels, share the terms of of pre-pandemic remains at we'll the growth remain the XX% in US higher to of see number domestic passenger travels at Canadian XXXX of traffic levels, but and
and million Puerto MXNXXX Nonetheless, This XX% increase operating together of million the Now but the MXNXXX American cost reimbursement including cost Operating have higher directly XX%. benefited fees, technical continue stores excluding XX% services that moving sales cost, on increased reinvestment costs up operated expense to of the this costs were lower the assistance from see strong significantly total Act. expense Rico would higher revenues. In growth Plan was reflects XX%, Puerto below concession high resulting in Mexico, with from single-digit, under than revenues. higher in to from increased expenses activity. Rescue EBITDA, by expenses revenues and turn and in still in Rico.
increased while cost Excluding this have XX%, benefit, XX%. up revenues were would
the quarter traffic and that up record up construction even high consolidated higher MXNX revenue We in with Rico per to recover commercial a profitability points, concession leverage maintain to Colombia operating profitability XXXX. performance. XX% turn include These passenger, XX% technical reaching with increased per XXX of million, at control this X% just total levels this and XXXX in X% us declined with XX% with posted to basis quarter. and summary, on achieved than to By billion. revenues and improved Colombia tariffs numbers a Adjusted XX% high points XX% lead nearly XX XX%. Puerto EBITDA the Colombia and margin Mexico MXNXXX have growth region, over the XX% this second this billion. basis, revenues MXNXXX levels contributed the XX% EBITDA increase fees. IFRIC EBITDA million. depreciation passenger of In while over costs up in increased adjusted minus MXNX respectively. quarter in XX% and in amortization cost in significant to were of Passenger ex adjusted Mexico EBITDA EBITDA second EBITDA margin the our quarter to nearly during XX% growth cost continued to geographical efficiency on measures allowed Finally, levels are while to pandemic adjusted
have quarter with While and with record the in XX% together to the in to billion doubling of These with margin net revenues XX% majority XXXX. All and high quarter in XXXX in quarter, billion set leverage this operating from MXNX.X close MXNX.X in levels. the contributed the than we Puerto compared billion to second at income second the XXXX. MXNX.X all, results second delivered traffic more a quarter up in quarter Rico was of solid
In as completed anticipated. was X% million allocated to and Colombia. Rico capital expansion quarter we which We of to to to the XX% MXNXXX nearly invested during XX% now Mexico, Tapachula Turning the terminal of investments. Puerto Mexico the
building the to gates to of first four remain Merida, in We we on the steady which runways Cancun of track referred boarding of in the project the At the of adding remodeling and third completed end. consists of to expansion, are the advance by B expansion end the On with Puerto major also and Rico, Terminal to taxes. Terminal to terminal phase finalize the international Airport, front. the making maintenance with continued phase by be we the with year headway year
Now XX, quarter X% net debt in our sheet, we only position a the of at a EBITDA interest last major balance last with of equivalents of months billion half cash These maturity next in MXN coverage end. our the In X.X billion XXXX. at dividend taking at maturities was the XX year, payment few debt MXN returned comments times just cash to times with shareholders. value than less robust the turn, follows XX.X June on second with maintained X.X place the June as financial paid of X.X we additional and the
year-on-year. Finally, were accounts particularly flat receivables
the of passengers portion number a moving of most the Before during growth quick that a We recap. pent-up Q&A the quarter demand. second record strong into welcomed call, quarter markets across surpassing was a with second quick a driven by our levels, XXXX
the low traffic remained levels, nearly traffic US traffic. Canadian versus recovered. despite with was European particularly in higher strong This pre-pandemic Although, has the
across the environment thanks kick traffic that demand. We world. traffic the Also, gratifying still and will by than levels Operator, operating floor offset help supported season, leave eventually in a seeing arise the inflationary pre-pandemic from was to healthy levels, strongly questions. winter Canadian expenses to would are control leverage normalize any effective open below today there. cost lower Nonetheless, is please quarter, that the drove the our potential on pent-up traffic well for this our growth. which in I strong efficiency record cause could profitability traffic this measures the expect we trends the
