Cancun International Airport Set For Major $24.4B Expansion And Renovation

Cancun International Airport Set For Major $24.4B Expansion And Renovation

Cancún International Airport is poised for a significant transformation with an investment of $24.4 billion announced by Aeropuertos del Sureste (ASUR). Between 2024 and 2028, this investment will focus on enhancements across ASUR’s nine air terminals in Mexico, with Cancún Airport being the primary beneficiary, receiving 75% of the total projected funds.

Although the specifics of the work plan remain undisclosed, ASUR has outlined the investment schedule: $2.624 billion in 2024, $4.493 billion in 2025, $5.5 billion in 2026, $3.861 billion in 2027, and $4.999 billion in 2028. Key projects include the remodeling of Terminal 1 and the expansion of Terminal 4 in 2024, as reported by El Economista. Additionally, the plan includes the completion of an intercommunication route linking the Cancún-Airport terminal with the Mayan Train.

Cancún International Airport, a vital hub for international tourism in Mexico, has surpassed pre-pandemic levels of passenger traffic. In 2022, the airport handled over 30 million passengers and aims to exceed this figure by the end of the year, reaching an anticipated 32 million travelers.

According to, Cancún International Airport ranks as the tenth busiest airport globally for international passengers, based on data from the Airports Council International.

The increase is attributed to a strong partnership between Quintana Roo’s Tourism Department and the private sector, including airlines and hotels. While the majority of visitors are international, particularly from the U.S., there’s a significant number of domestic tourists as well. For 2024, Cancún plans to leverage the new Maya Train and Tulum International Airport to attract even more visitors, including a focus on European tourists.

Situated on the outskirts of Cancún at kilometer 22 of the Cancún-Chetumal highway, Cancún International Airport is a key airport in the Caribbean. During peak season, it averages about 800,000 passengers per month, underscoring its importance as a gateway for international visitors to Mexico. The planned investment and upgrades are expected to significantly enhance the airport’s capacity and functionality, further solidifying its position as a leading international airport.