hope Thank joining us Rachel third managed XXXX results. to and families and and to previous good for you quarter earnings I operating and since Thank stay everyone. financial of on have ASUR's you your morning, discuss you, each safe a our healthy call conference call.
COVID-XX. current that may expectations factors our company's the beyond course based discussion today control constitute As subject statements number during on from beliefs to a cause materially, be of of uncertainties and made results our reminder, and the are risk including including certain statements to differ may please that are forward-looking note actual which a that our could and impact
please the capacity Exchange. travel of because effects Results the quarter COVID impacted For global our and these to and health Securities to US restrictions significantly explanation filings Airlines passengers this Stock continued Commission Either the of to and Mexican by Exchange flights. risks, concerns. few ongoing refer taking were also of while with the due pandemic. with limited or XX operate are an
travels airports overall continuing starting traffic environment. and same remained However, Colombia however, Rico with traffic both of rates Puerto decline plan. in continued lower and bans in resumed significantly September ASUR travel have Neither I will connectivity in with At levels, remained time, travel progressively Xrd. travel which date, to strong, Mexican Starting September. These Commercial operating has countries emerged the the the in open. airports, issued have line shortly. May monthly June, with ASUR's balance lower has nor through the that sheet on expand
began Our airports in Medellín Montería operations on X. and September Rionegro,
those Carepa on Quibdó in XX. September and started While
in million traffic Las more frequently in declines operations bridging and to Rico, range. Mexico passengers, down the Corozal XX% context, X total posted quarter for October to Puerto better ASUR's the Puerto XX% Within in Rico year-on-year the Xnd. relatively XX% Mexico, the resumed in a this and airport went on traffic Both mid-XX in XX% of in domestic low Colombia. in performance Our
giving traffic Cancun some the trip Latin and this similar in within XX% and respectively. America, airlines showed between the the month, and down performance previous high Colombia, traffic of travel quarter, to levels flights international XX% as bans declines Europe In year-over-year September, both quarter, airports resumed some and most with certain the international In While was restarted. mid XXs. flights year-on-year in domestic
passenger nine declined the months, year-on-year. total traffic XX% our Over
because rent agreements passenger, minimum reminder, the a most commercial applying of As our with in to not for are passengers. pay of include guaranteed absence them they payments
Cancun main payments. As airport Holdings liquidity and also continue regular to Airlines and meet Aeromexico, to in our its LATAM minimize an Terminal a obligations to X customers protection, incentive allowing was that the continue believe maintaining outside while of employees reopened maintain operating us [Indiscernible] and regard burn airline bankruptcy at normally. we for protocols its Avianca cost for we Accordingly, namely airlines, sales filed passengers to cash make to continue ASUR effective recently nominal. fee sufficient is July. And
expenses. course open is be an of It Terminal and operating at will the our October. X costs to on expect we end of impact While have
our principal of operation travel low, position payments accelerate. continue us meaning to that upgrading up to when in effectively demands ASUR a financial are will ample we from quite liquidity financial allow strength. ramp that One on Moving position, near-term and
in Colombia. in debt line in to the was ended quarter billion, debt Puerto cash in were We healthy with Puerto on million million in For loan year the X% Colombian in end quarter cash of XXX of principal quarter, Ps. and a try XX peso in maintain Rico. working fourth due capital US$XX the the cash capital partially We credit of mainly million million increase depreciation roughly less by the of was and Ps. X% cash up increase of XXXX. of ASUR's Rico, maturity with against total X drawdown XXX The than XX.X payments XXX a Ps. Total only as XXXX. total X% profile year to perspective, offset and Ps. equivalent new dollar, maturing in million debt the maturing Ps. we Mexico the Ps. billion of in and from XXXX. US bank same of
regards food which dollars, is majority start XX% is XX% Puerto [Indiscernible] [Indiscernible] while denominated Rico, remaining in debt, XXXX denominated sheet As and strength. the pesos Colombia exporter And in is at the US these the Mexican in of pesos. XX% final balance the the of in year
of ratio close third X.Xx last the leverage Our at at stood in with quarter the X.Xx year. quarter the same compared a
revenues slightly same a main construction Rico from billion top revenues the basis XX% X.X Also increased for the in the remains construction nearly revenues experience Colombia line, for approximately the of Ps. Mexico revenues strict slightly revenues. for year-on-year non-aeronautical in travel accounting XX% XXX the still to commercial contributor XX of of to to and Ps. year. to and over aeronautical million continue most year accounted total declines while XX% the XX% On quarter. were last in was similar construction revenues by impacted passenger ban over the declined turning in Puerto passenger during of Ps. Ps. XXX quarter. compared sequential Now per second quarter. extra from
clients quarter, decline As contraction with costs construction of by driven declined Cancun big energy In to we in spaces along the and expenses X excluding decrease reflects These on operated to traffic contributed cost. fees, year-on-year, commercial of Mexico's by provisions million were X of operation. costs low XX% we few increase CARES from high threat. and experiencing. In combination and collections our offset of the partially countries grant directly in Puerto of cost across on our with and that $XX compensation sales continue lower in declines at commercial Lowered airport. In expenses. also reductions convenience technical levels maintenance light passenger lower Due and stores upgrading, a closures Rico, three Terminal Mexico a XX% [Indiscernible] with the operating Act. joint US in the sharp prior the obtain joined demand costs
amount Of In in Puerto Rico of total lower During the charges down remain costs reserve, higher improvement airplanes with I for the quarter. dollar during terms, million under by third XX% were this was the together the contributed offset partially of conversion. that of applied amortization This to impact quarter the a servicing cost here FXX declining position the endorsement to fee and growth were be expense. which year. resulting million during grants. available $XX.X from FedEx note $X.X
expenses, and maintenance, Finally, cost and lower saving to security fee. XX% along to with professional in energy economy concession contracted due
the insurance declined XXX pandemic of gains Moving Ps. this but By year in million continue declined when recovery and Ps.XXX Mexico country that to With million in to Ps. CapEx, to Ps. from comparable million have the quarter. to to in Of by Maria Rico XX XXX loss XXX Hurricane second [Indiscernible] Consolidated in million quarter. that airport Ps. in EBITDA related or we P&L. from over XX% XXX quarter amount, million quarter million I XXXX. EBITDA the of Mexico, consolidate operations in of to down quarter, third however, [Indiscernible] ago quarter, Puerto expansion this to Ps. EBITDA executing invested threat Colombia. excluding quarter the the offset been margin XX% regard Ps. XX were the compared of EBITDA year-on-year we XX% in discussing, in the adjusted onetime an XX% XXXX the second due X.X [Indiscernible] improved of invested terminal. the the
been the first on In For these of ensuring of area parallel nine entered example, Ps. remain construction in months, of we million have taxiway expansion second and at Mexico in the completed of the at runway and operational. total airport. schedule the checking the the a now to we've expansion the X.X continue massive terminal terminals planning each at plan. [Indiscernible] under of be disruptions XXXX. phase project Stay X. the beginning that of investment Mexico in at the Note Mexico to orders Ps. billion the with in And an in approximately home of development calls in for third our X.X
these during appraise kept and received approvals proceed of to the with XXXX. Ps. delays, work government have have construction We related million of X.X
announced a As to Mexico a airport final month, note, [Indiscernible]. build into our last new the President plans
to XX about runways has Puerto nor serve? there today, total aviation of official will be Rico, major of as no million, title where the airport, for and Who will exactly In a it maintenance repairs will Ps. operate of information located. mainly been and invested the taxiways. we However, it
the Colombia, to major year, during our remains country. maintenance X CapEx Because quarter. only in invested last CapEx this commitment reached our of nearly Ps. For this maintenance we airport major in efforts was million
taking operating quarter, wish to about success is on actually enabling pandemic business. adverse and once the that [Indiscernible] effects of again, the questions continue us navigate to from Before I the so our stay position, various
where with managing to the ends prepared them our well carefully that sustainable variable open Rachel; my will remain therefore condition better we In became with please travel be addition, align again. positioned for balance solid cash travel exceeding confident questions. when can, We continue while we demand. reducing line sheet, costs we'll That remarks,
