Gabriel Himelfarb: Two quick questions. The first one, are you seeing any shift from transit passengers that come — well, that cross through to Mexico City airport towards your network? Like using Monterrey as a connection edge. And my second question is regard the Canadian traffic. Do you have seen an increase in Canadian traffic in coming to Mexico to either connection or destination nodes? And what percentage of the total international traffic does the Canadian traffic represent?
Ruffo Perez Pliego: In the case of the version of traffic out of the Mexico City Airport into some of our airports. It’s a slow process but it is happening. We’re seeing more connections being developed at Monterrey. So you have further connectivity from that airport. We are also increasing our international presence. So with the European route that we have, there was one announced to South America earlier this week. I think that there is evidence that Monterrey is starting to become a feeder for some of these international routes. Also in the aggregate, our connection traffic is still not significant but we do expect to gradually continue to increase and take advantage of the saturation of the Mexico City airport.
Gabriel Himelfarb: Okay. And regarding the Canadian traffic, can you give us a color on how — what percentage of that represents from the international traffic? And do you see a step-up in traffic coming from Canada as they opened their borders?
Ruffo Perez Pliego: I will get back to you on specific Canadian traffic. What I can say is that the 2022 winter season, I mean, the ones still currently going on is yet below the pre pandemic levels. It has been significantly better than last year but still, we are not yet at the pre-COVID levels in that specific market. But will get you back with the specific information.
Operator: Our next question comes from the line of Francisco Suarez with Scotiabank.
Francisco Suarez: Congrats on the results and the question that I have is basically on your diversification strategy, we noticed that you are adding more capacity on warehouses with being your joint venture with VINCI. The market is totally sold out. Do you see opportunities to split things up in terms of our more capital deployment to open new warehouses in your airports on the back on your footprint and the nearshoring trends for sure. And I believe that the second question that I have is on — do you just expect that now having been — will that may have a positive effect on your funding costs?
Ricardo Duenas: I’ll take the first one. In terms of diversification, yes, as part of the previous question about nearshoring, nearshoring, we’re not only seeing specific airport. We’re also seeing in the cargo and industrial park activity. We have, especially in Monterrey, we think there’s still potential to grow. We have a land area to increase the industrial part and we will keep increasing as more tenants are looking to establish themselves in the airport.
Ruffo Perez Pliego: And regarding our funding strategy, remember that we primarily fund in pesos in the local market at a very competitive rate, certainly incorporation of a larger operation shareholder is a positive. And I think on the margin, it will help us. But if we — since we are not in the international market, probably that effect would be somewhat limited.
Francisco Suarez: Congrats, again.
Ricardo Duenas: Thank you.
Operator: Ladies and gentlemen, that concludes our question-and-answer session. I’ll turn the floor back to Mr. Duenas for any final comments.
Ricardo Duenas: Thank you. Thank you all for your participation today. Ruffo and Emmanuel and I are always available to answer your questions and we hope to see you soon. Thank you and have a good day.
Operator: This concludes today’s conference call. You may disconnect your lines at this time. Thank you for your participation.
