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Grupo Aeroportuario del Pacifico Reports Passenger Traffic Increase of 7.4% for the Month of March

GUADALAJARA, Mexico--(BUSINESS WIRE)--

Grupo Aeroportuario del Pacifico, S.A.B. de C.V., (NYSE:PAC; BMV:GAP) (“the Company” or “GAP”) announced preliminary terminal passenger traffic figures for the month of March 2017, compared to traffic figures for March 2016.

During March 2017, total terminal passengers increased 7.4% in the Company’s 13 airports, compared to the same period of the previous year. Domestic passenger traffic increased by 6.2%, while international passenger traffic increased by 8.8%.

Events for the Period:

  • As of this traffic report, Cross Border Xpress (CBX) users at the Tijuana airport will be reported within the international passenger category.
  • Seats and Load Factors: In March 2017, GAP registered an 11.3% increase in the number of seats available compared to March 2016. Load factors for the month decreased by 2.9 percentage points, from 81.1% in March 2016 to 78.2% in March 2017. The decrease is due to the fact that the Easter holiday for 2016 took place in March, while for 2017 this will take place in April.
  • 2016 was a leap year, and for comparison purposes, one should add – besides the Easter holiday effect - 112,500 passengers, which was GAP’s daily passenger average for the first 3 months of 2017.
  • New Routes:
    • Guanajuato to Zihuatanejo: TAR
    • Guadalajara to Culiacan: Aeromar
    • Guadalajara to Puerto Vallarta: Aeromar
    • Guadalajara to Puerto Vallarta: AereoCalafia
    • Guadalajara to Milwaukee: Volaris

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 Concesiones Aeroportuarias, S.L., which owns a majority stake of MBJ Airports Limited, a company operating the Sangster International Airport in Montego Bay, Jamaica.

This press release may contain forward-looking statements. These statements 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 conditions, 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 may involve criminal conduct or violations. The telephone number in Mexico, facilitated by a third party that is in charge of collecting these complaints, is 01-800-563-0047. The web site is http://www.lineadedenuncia.com/gap. GAP’s Audit Committee will be notified of all complaints for immediate investigation.

For more information please visit www.aeropuertosgap.com.mx.

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