The Mexican Ministry of Navy completes reorganization to create new Mexican Navy Airports Group
Client(s) Fideicomiso Irrevocable De Administración Y Pago Número 80460
Jones Day is acting as counsel to the Mexican Ministry of Navy (Secretaría de Marina), through Grupo Aeroportuario de la Ciudad de Mexico, in the merger of the governmental companies Grupo Aeroportuario de la Ciudad de Mexico (GACM) and Servicios Aeroportuarios de la Ciudad de Mexico (SACM), with Aeropuerto Internacional de la Ciudad de Mexico (AICM).
Once the merger takes effect and the corresponding procedures are completed, AICM will act as the concessionaire of the Benito Juárez Mexico City International Airport, and as the holder of the concessions of the airports of Guaymas, Ciudad Obregón, Ciudad del Carmen, Matamoros, Loreto and Colima, and will also maintain a participation in the Toluca International Airport and the Cuernavaca International Airport, creating the new “Grupo Aeroportuario Marina”.