Grupo Aeroportuario del Pacifico Reports in February 2024 A Passenger Traffic Increase of 1.7% Compared to 2023

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Grupo Aeroportuario del Pacífico, S.A.B. de C.V.Grupo Aeroportuario del Pacífico, S.A.B. de C.V.
Grupo Aeroportuario del Pacífico, S.A.B. de C.V.

GUADALAJARA, Mexico, March 05, 2024 (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 February 2024, compared with February 2023.

For February 2024, the total number of terminal passengers at GAP’s 12 Mexican airports increased by 1.1%, compared to February 2023. Puerto Vallarta, Guanajuato, Los Cabos, and Guadalajara presented an increase in passenger traffic of 7.7%, 5.3%, 1.7%, and 0.6%, respectively, compared to February 2023. On the other hand, Montego Bay presented an increase in passenger traffic of 7.8% compared to February 2023.

Domestic Terminal Passengers (in thousands):

Airport

Feb-23

Feb-24

% Change

Jan- Feb 23

Jan- Feb 24

% Change

Guadalajara

913.7

837.2

(8.4

%)

1,904.8

1,748.9

(8.2

%)

Tijuana*

636.1

618.9

(2.7

%)

1,349.7

1,297.7

(3.9

%)

Puerto Vallarta

183.5

168.5

(8.2

%)

409.6

369.6

(9.8

%)

Los Cabos

204.3

196.9

(3.6

%)

434.1

418.2

(3.7

%)

Montego Bay

0.0

0.0

N/A

 

0.0

0.0

N/A

 

Guanajuato

151.3

149.3

(1.3

%)

331.7

323.3

(2.5

%)

Hermosillo

142.2

145.1

2.0

%

299.5

297.3

(0.8

%)

Kingston

0.1

0.1

35.0

%

0.1

0.2

78.8

%

Morelia

55.8

42.9

(23.2

%)

123.1

99.1

(19.5

%)

Mexicali

102.5

86.0

(16.1

%)

225.9

196.8

(12.9

%)

La Paz

68.9

84.0

21.9

%

146.7

172.5

17.6

%

Aguascalientes

44.9

44.6

(0.6

%)

99.3

91.4

(7.9

%)

Los Mochis

29.9

39.8

33.3

%

62.1

83.8

35.0

%

Manzanillo

8.5

11.6

36.0

%

17.7

23.5

33.4

%

Total

2,541.6

2,424.8

(4.6

%)

5,404.2

5,122.3

(5.2

%)

 

 

 

 

 

 

 

 

 

International Terminal Passengers (in thousands):

Airport

Feb-23

Feb-24

% Change

Jan- Feb 23

Jan- Feb 24

% Change

Guadalajara

361.3

445.2

23.2

%

818.2

995.6

21.7

%

Tijuana*

305.7

278.6

(8.9

%)

699.1

628.2

(10.1

%)

Puerto Vallarta

431.1

493.7

14.5

%

892.1

992.5

11.3

%

Los Cabos

417.4

435.7

4.4

%

868.8

869.3

0.1

%

Montego Bay

410.7

442.5

7.8

%

859.6

934.5

8.7

%

Guanajuato

59.7

72.9

22.0

%

137.6

162.4

18.1

%

Hermosillo

5.7

7.3

28.8

%

12.3

16.3

32.7

%

Kingston

112.2

113.8

1.5

%

258.2

262.1

1.5

%

Morelia

45.3

49.4

9.1

%

102.1

105.2

3.1

%

Mexicali

0.4

0.5

13.9

%

0.9

1.0

17.8

%

La Paz

1.1

1.0

(8.2

%)

2.2

1.9

(14.6

%)

Aguascalientes

17.0

20.8

22.3

%

40.0

47.3

18.2

%

Los Mochis

0.5

0.6

11.5

%

1.1

1.3

16.0

%

Manzanillo

10.4

13.6

31.1

%

19.8

26.5

33.5

%

Total

2,178.5

2,375.6

9.0

%

4,711.9

5,044.2

7.1

%

 

 

 

 

 

 

 

 

 

Total Terminal Passengers (in thousands):

Airport

Feb-23

Feb-24

% Change

Jan- Feb 23

Jan- Feb 24

% Change

Guadalajara

1,275.0

1,282.4

0.6

%

2,722.9

2,744.5

0.8

%

Tijuana*

941.8

897.5

(4.7

%)

2,048.8

1,925.9

(6.0

%)

Puerto Vallarta

614.6

662.2

7.7

%

1,301.7

1,362.1

4.6

%

Los Cabos

621.7

632.5

1.7

%

1,302.9

1,287.5

(1.2

%)

Montego Bay

410.7

442.5

7.8

%

859.6

934.5

8.7

%

Guanajuato

211.0

222.2

5.3

%

469.3

485.7

3.5

%

Hermosillo

147.9

152.4

3.1

%

311.8

313.6

0.6

%

Kingston

112.2

113.9

1.5

%

258.3

262.3

1.6

%

Morelia

101.1

92.3

(8.7

%)

225.2

204.3

(9.3

%)

Mexicali

102.9

86.5

(16.0

%)

226.8

197.9

(12.7

%)

La Paz

70.0

85.0

21.4

%

148.9

174.4

17.1

%

Aguascalientes

61.9

65.5

5.7

%

139.3

138.7

(0.4

%)

Los Mochis

30.4

40.4

32.9

%

63.2

85.1

34.6

%

Manzanillo

18.9

25.2

33.3

%

37.5

50.0

33.4

%

Total

4,720.1

4,800.4

1.7

%

10,116.2

10,166.5

0.5

%

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

CBX users (in thousands):

Airport

Feb-23

Feb-24

% Change

Jan- Feb 23

Jan- Feb 24

% Change

Tijuana

303.1

275.6

(9.1

%)

694.1

623.0

(10.2

%)

 

 

 

 

 

 

 

 

 

Highlights for the month:

  • Seats and load factors: The seats available during February 2024 decreased by 2.5%, compared to February 2023, due to the preventive revision to the Pratt & Whitney engines of the A320neo and A321neo fleet. The load factors for the month went from 78.3% in February 2023 to 81.7% in February 2024.

  • New routes:

    • Tijuana – Phoenix​: American Airlines

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 Norman Manley International Airport operation 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 involve criminal conduct or violations. The telephone number in Mexico, facilitated by a third party responsible for collecting these complaints, is 800 04 ETICA (38422) or WhatsApp +52 55 6538 5504. The website is www.lineadedenunciagap.com or by email at denuncia@lineadedenunciagap.com. GAP’s Audit Committee will be notified of all complaints for immediate investigation.

Alejandra Soto, Investor Relations and Social Responsibility Officer

                                       

asoto@aeropuertosgap.com.mx

Gisela Murillo, Investor Relations

 

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

 

 

 


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