New 4th terminal to make Cancun Mexico's No. 2 airport (Report)

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The Cancun International Airport has inaugurated a new terminal projected to make it Mexico’s second busiest, with an estimated 31 million passengers per year.

A government statement says the 18-gate Terminal 4 increases annual capacity by about 9 million passengers and was built for a little over 3.4 billion pesos ($177 million).

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The building covers more than 67,000 square meters (700,000 square feet) and expands the airport’s footprint by about 37 percent.

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President Enrique Pena Nieto presided over Tuesday’s inaugural ceremony at the airport for the Caribbean beach resort city. According to government figures, Cancun is the country’s No. 1 destination for international tourists and No. 2 for domestic travelers.

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Mexico City’s Benito Juarez is the country’s most-traveled airport, with 41.7 million passengers last year.

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