Under 50 year concessions, OMA operates and develops 13 international airports in Mexico’s central and northern regions. It serves Monterrey, a major metropolitan area in Mexico; the touristic destinations of Acapulco, Mazatlán, and Zihuatanejo; seven relevant regional centers which are Culiacán, Chihuahua, Tampico, Torreón, San Luis Potosí, Zacatecas and Durango; and two border cities which are Ciudad Juárez and Reynosa. Its airports received approximately 18 million pasengers during 2021.
In 2009, OMA joined hotel operator NH Hoteles, to develop and operate, under a 20-year lease agreement, a five star, 287 room hotel and more than 5,000 square meters of commercial space inside Terminal 2 of Mexico City International Airport.
In 2015, OMA joined hotel operator Grupo Hotelero Santa Fe, to develop and operate a 134-room hotel and commercial areas in Terminal A and B at Monterrey International Airport.
OMA counts with more than 1,100 employees who are committed to providing aeronautical and commercial services of excellence and in compliance with international safety standards to our passengers and clients.
OMA was incorporated in 1998 by the Mexican government from airport assets owned and operated by the government.
In 2000, the government sold 15% of OMA to an investor group organized as a “strategic partner” to operate and manage the airports, in accordance with the Airports Law, OMA’s strategic partner is Servicios de Tecnologia Aeroportuaria, S.A. de C.V. (SETA).
On November 29, 2006, the government sold all its remaining shares through an Initial Public Offering on the Mexican Stock Exchange and NASDAQ Stock Market. OMA’s IPO took place at a price of US$ 18.00 per ADS and Ps. 24.85 per B share.
In 2009, OMA expanded its operations with the opening of NH Terminal 2 Hotel at Mexico City International Airport, the biggest airport in Mexico.
In 2015, OMA inaugurated its Industrial Park and opened its Hilton Garden Inn hotel at Monterrey International Airport.
OMA generates a mix of regulated (aeronautical) and non-regulated (non-aeronautical) revenues.
Aeronautical revenues include passenger charges, landing charges, aircraft parking charges, charges for the use of passenger walkways and charges for the provision of airport security services. Aeronautical revenues are subject to maximum-rate price regulation. Approximately 73% of total revenues were represented by aeronautical services.
Non-aeronautical revenues mainly derive from parking, leasing of space to restaurants, retailers and for advertising, among others. Since August 2009, along with NH Hoteles from Spain, a hotel at Terminal 2 of Mexico City Airport was inaugurated, with this alliance, OMA offers high quality hotel services to its passengers and users. Additionally, the Company operates Hotel Hilton Garden Inn at Monterrey International Airport and an industrial park.
Approximately 27% of our revenues were represented by non-aeronautical revenues, mainly from commercial revenues.
We have a balanced portfolio in terms of location and passenger type. According to statistics as of December 31, 2024:
Our main commitment is to seek growth and value generation for our shareholders.
Historically, air transportation in Mexico had been relatively expensive and mainly used by high social status people or business passengers. There was a change with the liberation of Mexican air transportation and with the entrance of low-cost carriers in 2005.
OMA looks forward to concreting the expected growth of the air industry through:
We also expect to increase revenues through:
OMA Plaza is our retail concept. Our airports count with recognized restaurants, prestigious retail stores, banks and other commercial spaces that offer passengers a unique experience.
OMA Carga is our cargo logistic service. We offer logistic services and the handling of air and land cargo at warehouses located strategically at Monterrey, Chihuahua and Ciudad Juárez.
They are the same. Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. is our legal corporate name. OMA is our trade name, and is the name our passengers, airlines, and business partners know us by. The company is also sometimes referred to as “Grupo OMA”.
The Ministry of Infrastructure, Communications and Transportation (SICT) is the principal regulator of airport operations in Mexico.
OMA’s activities are mainly regulated by the Mexican Airport Law and its regulations, as well as the Mexican Securities Mexican Law, among other administrative laws.
As part of our concession titles, we must comply with rigorous safety and service standards.
Every fifteen years, OMA prepares a Master Development Program (MDP) for each of its airports, based on the expected traffic growth for the following 15 years and the necessary investments to comply with this growth. Every five years the Master Development Program is updated and resubmitted for approval.
Based on passenger projections, committed investments and other financial factors, the SICT establishes a maximum rate per workload unit (one terminal passenger or 100 kilograms of cargo) for every airport. The maximum rate is revised every five years, but every year, it is adjusted by an efficiency factor and the Mexican Producer Price Index. OMA establishes, with previous authorization from the SICT, the applicable rate for each regulated service. The sum of all regulated revenues per workload unit of each airport must not exceed the negotiated maximum tariff.
The current MDP covers the 2026–2030 period. During 2030, the SICT and OMA will negotiate the MDP and the Maximum Tariff for each of its airports for the 2031–2035 period.
OMA has 386.2 million common shares outstanding, of which, 87.1% are Series B shares and 12.9% are Series BB shares.
OMA’s Series B shares are listed on the Mexican Stock Exchange (BMV). Shares in the form of American Depositary Shares (ADSs) are listed on the NASDAQ Stock Market in the U.S.; each ADS represents 8 Series B shares.
OMA’s strategic partner, SETA, owns all OMA’s Series BB shares, which are not publicly traded. Each Series B and Series BB share gives the holder equal dividend rights and the right to one vote in shareholders’ meetings. The holders of Series BB shares also have veto rights over certain actions, including the payment of dividends and the nomination or removal of certain members of senior management.
OMA has paid cash dividends every year since its initial public offering in 2006 through 2024.
The cash dividend payment is approved at the Annual General Meeting of Shareholders upon the recommendation of the Board of Directors and may be distributed in one or more installments.
OMA is included in the Mexican Stock Exchange (BMV) IPC index, of Mexico’s largest and most liquid companies.
The Annual General Shareholders’ Meeting is normally held in April. Other ordinary or extraordinary shareholders’ meetings may be called in accordance with OMA’s bylaws and Mexican law.
Shareholders and ADS holders can vote their shares by proxy.
American Depositary Shares (ADSs) are a mean for non-U.S. companies to list their stock on a U.S. stock exchange. Denominated in U.S. dollars, they confer full ownership rights to the company’s underlying shares, which are held by a custodian bank in the company’s home country. ADSs are quoted and traded in U.S. dollars. Cash dividends are paid in U.S. dollars to ADS holders.
OMA’s ADSs are listed and traded on the NASDAQ Stock Market. Each ADS represents 8 Series B shares.
OMA’s ticker symbol on NASDAQ is “OMAB”
For more information on American Depositary Shares, please contact OMA’s ADS depositary bank:
For general information:
J.P. Morgan Depositary Receipts
4 New York Plaza, Floor 12
New York, NY 10004
Main: +1 866 JPM ADRS
adr@jpmorgan.com
Website: www.adr.com
For holders of OMA’s ADS:
JP Morgan Chase Bank N.A.
P.O. Box 64504
St. Paul, MN 55164-0854
Main: +1 800 990 1135
If calling from outside the US: +1 651 453 2128
jpmorgan.adr@wellsfargo.com
Yes, OMA files its annual report with the SEC, on Form 20-F. OMA also files quarterly earnings reports and other financial press releases as Form 6-Ks. All OMA’s financial reports are available in both English and Spanish.
OMA’s quarterly earnings report includes an updated list of the analysts covering OMA.
As of January 2026, OMA’s analysts are:
| Compañía | Name |
| Actinver Casa de Bolsa | Ramón Ortíz |
| Bank of America Merrill Lynch | Alan Macías |
| Barclays Bank PLC | Pablo Monsiváis |
| Monex | José Solano |
| BBVA Bancomer | José Espitia |
| Bradesco BBI | Rodolfo Ramos |
| Citigroup | Andrés Cardona |
| Goldman Sachs | Bruno Amorim |
| Grupo Bursátil Mexicano (GBM) | Ernst Anton Mortenkotter |
| HSBC | Cenk Orçan |
| Intercam Casa de Bolsa | Alejandra Marcos |
| Insight Investment Research | Robert Crimes |
| Itaú BBA | Pablo Ricalde |
| J.P. Morgan | Guilherme Mendes |
| Morgan Stanley | Jens Spiess |
| Santander | Abraham Fuentes |
| Scotiabank | Francisco Suárez |
| Signum Research | Eduardo Caballero |
| UBS Brasil CCTVM | Alberto Valerio |
| BTG Pactual | Lucas Marquiori |
Yes, OMA has a current program of Ps. 1.5 billion, approved at the Annual General Shareholders’ Meeting held on April 25, 2025.
Please contact our Investors Relations team in the following e-mail: