Grupo Aeroportuario del Pacifico Reports in August 2021 a Passenger Traffic Decrease of 2.0% Compared to 2019 (Increase of 101.7% Compared to 2020)

In this article:

GUADALAJARA, Mexico, Sept. 03, 2021 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announces preliminary terminal passenger traffic figures for the month of August 2021, which includes comparisons with the 2019 and 2020 figures to facilitate the reading and understanding of the passenger traffic trend.

For August 2021, the total number of terminal passengers at GAP’s 12 Mexican airports decreased by 1.9%, compared to the same period of 2019. Tijuana, Los Cabos and Puerto Vallarta presented an increase in passenger traffic of 13.8%, 8.9% and 2.0%, respectively, while the Guadalajara and Guanajuato airports presented a decrease of only 13.0% and 15.0%, respectively, which demonstrates a positive trend in our Mexican airports.

In relation to international travel restrictions, the United States requests that travelers must present a negative COVID-19 test for entry into that country; while Canadian Government announced, with a tentative date of September 7, international flights will be reopened for people who are fully vaccinated and who meet certain conditions.

Passenger traffic 2021 compared to 2019 figures

Domestic Terminal Passengers – 14 airports (in thousands):

Airport

Aug-19

Aug-21

% Change

Jan-Aug 19

Jan-Aug 21

% Change

Guadalajara

890.4

746.3

(16.2%)

6,929.5

5,278.0

(23.8%)

Tijuana*

527.8

636.1

20.5%

3,960.1

4,439.3

12.1%

Los Cabos

201.3

191.4

(4.9%)

1,304.1

1,274.0

(2.3%)

Puerto Vallarta

191.4

181.5

(5.2%)

1,226.9

1,151.3

(6.2%)

Montego Bay

0.8

0.0

(100.0%)

6.1

0.0

(100.0%)

Guanajuato

176.9

135.9

(23.2%)

1,355.5

960.2

(29.2%)

Hermosillo

148.7

128.5

(13.6%)

1,174.0

881.9

(24.9%)

Mexicali

101.1

98.6

(2.5%)

780.9

670.6

(14.1%)

Morelia

38.3

47.2

23.2%

306.1

354.0

15.6%

La Paz

95.8

81.1

(15.4%)

668.2

564.5

(15.5%)

Kingston

0.0

0.0

(100.0%)

0.0

0.8

(100.0%)

Aguascalientes

53.7

54.6

1.7%

414.9

356.5

(14.1%)

Los Mochis

31.5

30.9

(1.8%)

254.1

225.1

(11.4%)

Manzanillo

7.4

6.3

(15.1%)

64.3

55.6

(13.6%)

Total

2,465.2

2,338.6

(5.1%)

18,444.7

16,211.8

(12.1%)

International Terminal Passengers – 14 airports (in thousands):

Airport

Aug-19

Aug-21

% Change

Jan-Aug 19

Jan-Aug 21

% Change

Guadalajara

390.9

368.4

(5.8%)

2,916.7

2,325.8

(20.3%)

Tijuana*

244.3

242.3

(0.8%)

1,931.7

1,705.1

(11.7%)

Los Cabos

260.5

311.6

19.6%

2,596.0

2,226.6

(14.2%)

Puerto Vallarta

155.4

172.3

10.9%

2,321.3

1,341.4

(42.2%)

Montego Bay

400.7

293.4

(26.8%)

3,359.2

1,569.3

(53.3%)

Guanajuato

61.3

66.6

8.6%

480.6

396.1

(17.6%)

Hermosillo

5.5

10.0

81.3%

46.4

67.3

45.1%

Mexicali

0.6

0.6

15.8%

4.5

3.1

(31.2%)

Morelia

36.3

39.5

8.9%

284.3

259.3

(8.8%)

La Paz

0.9

2.0

113.3%

8.6

12.7

48.6%

Kingston

0.0

97.3

N/A

0.0

492.1

N/A

Aguascalientes

21.8

21.8

(0.2%)

145.7

134.4

(7.7%)

Los Mochis

0.6

1.1

74.9%

4.8

6.2

27.6%

Manzanillo

2.8

2.4

(14.6%)

58.8

28.1

(52.3%)

Total

1,581.8

1,629.3

3.0%

14,158.6

10,567.4

(25.4%)

Total Terminal Passengers – 14 airports (in thousands):

Airport

Aug-19

Aug-21

% Change

Jan-Aug 19

Jan-Aug 21

% Change

Guadalajara

1,281.3

1,114.7

(13.0%)

9,846.2

7,603.8

(22.8%)

Tijuana*

772.1

878.5

13.8%

5,891.8

6,144.3

4.3%

Los Cabos

461.9

503.0

8.9%

3,900.1

3,500.6

(10.2%)

Puerto Vallarta

346.8

353.9

2.0%

3,548.2

2,492.7

(29.7%)

Montego Bay

401.5

293.4

(26.9%)

3,365.3

1,569.3

(53.4%)

Guanajuato

238.2

202.6

(15.0%)

1,836.1

1,356.2

(26.1%)

Hermosillo

154.2

138.5

(10.2%)

1,220.3

949.1

(22.2%)

Mexicali

101.7

99.3

(2.4%)

785.3

673.7

(14.2%)

Morelia

74.6

86.7

16.2%

590.5

613.3

3.9%

La Paz

96.8

83.1

(14.2%)

676.8

577.3

(14.7%)

Kingston

0.0

97.3

N/A

0.0

492.9

N/A

Aguascalientes

75.5

76.4

1.1%

560.5

490.9

(12.4%)

Los Mochis

32.1

31.9

(0.4%)

258.9

231.2

(10.7%)

Manzanillo

10.3

8.7

(15.0%)

123.2

83.7

(32.1%)

Total

4,047.0

3,967.9

(2.0%)

32,603.2

26,779.1

(17.9%)

*Passengers in Tijuana who use CBX in both directions are classified as international.

CBX Users (in thousands):

Airport

Aug-19

Aug-21

% Change

Jan-Aug 19

Jan-Aug 21

% Change

Tijuana

240.3

237.3

(1.2%)

1,900.1

1,686.5

(11.2%)

The Company took control of the Kingston airport on October 10, 2019, therefore there are no comparative figures from January to August 2019.

Passenger traffic 2021 compared to 2020 figures

Domestic Terminal Passengers – 14 airports (in thousands):

Airport

Aug-20

Aug-21

% Change

Jan-Aug 20

Jan-Aug 21

% Change

Guadalajara

420.9

746.3

77.3%

3,501.3

5,278.0

50.7%

Tijuana*

420.4

636.1

51.3%

2,673.2

4,439.3

66.1%

Los Cabos

107.1

191.4

78.7%

669.5

1,274.0

90.3%

Puerto Vallarta

81.8

181.5

122.0%

547.3

1,151.3

110.4%

Montego Bay

0.0

0.0

N/A

1.0

0.0

(100.0%)

Guanajuato

80.7

135.9

68.5%

628.4

960.2

52.8%

Hermosillo

63.5

128.5

102.5%

568.3

881.9

55.2%

Mexicali

54.5

98.6

81.0%

420.8

670.6

59.4%

Morelia

32.0

47.2

47.3%

239.5

354.0

47.8%

La Paz

44.3

81.1

83.2%

328.9

564.5

71.6%

Kingston

0.0

0.0

230.0%

1.3

0.8

(38.9%)

Aguascalientes

29.5

54.6

85.2%

214.1

356.5

66.5%

Los Mochis

13.8

30.9

123.6%

118.6

225.1

89.8%

Manzanillo

2.8

6.3

127.3%

30.4

55.6

82.6%

Total

1,351.2

2,338.6

73.1%

9,942.5

16,211.8

63.1%

International Terminal Passengers – 14 airports (in thousands):

Airport

Aug-20

Aug-21

% Change

Jan-Aug 20

Jan-Aug 21

% Change

Guadalajara

182.6

368.4

101.8%

1,467.3

2,325.8

58.5%

Tijuana*

125.0

242.3

93.8%

1,067.2

1,705.1

59.8%

Los Cabos

98.0

311.6

217.9%

1,157.5

2,226.6

92.4%

Puerto Vallarta

37.9

172.3

354.9%

1,184.7

1,341.4

13.2%

Montego Bay

67.8

293.4

332.8%

1,276.2

1,569.3

23.0%

Guanajuato

24.6

66.6

171.0%

208.2

396.1

90.3%

Hermosillo

2.0

10.0

398.3%

25.7

67.3

161.8%

Mexicali

0.1

0.6

558.8%

1.5

3.1

108.4%

Morelia

19.9

39.5

98.5%

141.8

259.3

83.0%

La Paz

0.3

2.0

592.0%

4.5

12.7

185.5%

Kingston

47.8

97.3

103.7%

461.0

492.1

6.7%

Aguascalientes

8.9

21.8

144.5%

68.6

134.4

95.8%

Los Mochis

0.1

1.1

901.0%

1.5

6.2

304.2%

Manzanillo

1.0

2.4

131.1%

31.6

28.1

(11.2%)

Total

616.0

1,629.3

164.5%

7,097.1

10,567.4

48.9%

Total Terminal Passengers – 14 airports (in thousands):

Airport

Aug-20

Aug-21

% Change

Jan-Aug 20

Jan-Aug 21

% Change

Guadalajara

603.4

1,114.7

84.7%

4,968.6

7,603.8

53.0%

Tijuana*

545.4

878.5

61.1%

3,740.4

6,144.3

64.3%

Los Cabos

205.1

503.0

145.2%

1,827.0

3,500.6

91.6%

Puerto Vallarta

119.7

353.9

195.7%

1,731.9

2,492.7

43.9%

Montego Bay

67.8

293.4

332.8%

1,277.1

1,569.3

22.9%

Guanajuato

105.3

202.6

92.4%

836.6

1,356.2

62.1%

Hermosillo

65.5

138.5

111.5%

594.0

949.1

59.8%

Mexicali

54.6

99.3

81.9%

422.3

673.7

59.5%

Morelia

51.9

86.7

66.9%

381.2

613.3

60.9%

La Paz

44.6

83.1

86.5%

333.4

577.3

73.2%

Kingston

47.8

97.3

103.7%

462.3

492.9

6.6%

Aguascalientes

38.4

76.4

98.9%

282.7

490.9

73.6%

Los Mochis

13.9

31.9

129.5%

120.1

231.2

92.5%

Manzanillo

3.8

8.7

128.3%

62.1

83.7

34.8%

Total

1,967.1

3,967.9

101.7%

17,039.6

26,779.1

57.2%

*Passengers in Tijuana who use CBX in both directions are classified as international.

CBX Users (in thousands):

Airport

Aug-20

Aug-21

% Change

Jan-Aug 20

Jan-Aug 21

% Change

Tijuana

124.4

237.3

90.7%

1,058.8

1,686.5

59.3%

The number of seats available during August 2021 increased by 49.8% compared to August 2020; load factors for the month went from 57.4% in August 2020 to 77.5% in August 2021.

Company Description
Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates 12 airports throughout Mexico’s Pacific region, including the major cities of Guadalajara and Tijuana, the four tourist destinations of Puerto Vallarta, Los Cabos, La Paz and Manzanillo, and six other mid-sized cities: Hermosillo, Guanajuato, Morelia, Aguascalientes, Mexicali and Los Mochis. In February 2006, GAP’s shares were listed on the New York Stock Exchange under the ticker symbol “PAC” and on the Mexican Stock Exchange under the ticker symbol “GAP”. In April 2015, GAP acquired 100% of Desarrollo de Concessioner Aeroportuarias, S.L., which owns a majority stake in MBJ Airports Limited, a company operating Sangster International Airport in Montego Bay, Jamaica. In October 2018, GAP entered into a concession agreement for the operation of the Norman Manley International Airport in Kingston, Jamaica and took control of the operation in October 2019.

This press release may contain forward-looking statements. These statements are statements that are not historical facts and are based on management’s current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words “anticipates”, “believes”, “estimates”, “expects”, “plans” and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.

In accordance with Section 806 of the Sarbanes-Oxley Act of 2002 and article 42 of the “Ley del Mercado de Valores”, GAP has implemented a “whistleblower” program, which allows complainants to anonymously and confidentially report suspected activities that June involve criminal conduct or violations. The telephone number in Mexico, facilitated by a third party that is in charge of collecting these complaints, is 01 800 563 00 47. The web site is www.lineadedenuncia.com/gap. GAP’s Audit Committee will be notified of all complaints for immediate investigation.

IR Contacts:

Saúl Villarreal, Chief Financial Officer

svillarreal@aeropuertosgap.com.mx

Alejandra Soto, IRO and Corporate Finance Director

asoto@aeropuertosgap.com.mx

Gisela Murillo, Investor Relations

gmurillo@aeropuertosgap.com.mx / +52-33-3880-1100 ext.20294


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