Grupo Aeroportuario del Pacifico Reports in June 2024 a Passenger Traffic Decrease of 1.9% Compared To 2023

$PAC
Aerospace
Transportation
Get the next $PAC alert in real time by email

GUADALAJARA, Mexico, July 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 June 2024, compared with June 2023.

For June 2024, the total number of terminal passengers at GAP's 12 Mexican airports decreased by 2.1%, compared to June 2023. Puerto Vallarta and Guadalajara airports presented an increase in passenger traffic of 0.7% and 0.5%, respectively, while Tijuana and Los Cabos airports presented a decrease in passenger traffic of 5.8% and 0.4% respectively, compared to June 2023. On the other hand, Montego Bay presented a decrease in passenger traffic of 0.2%.

Domestic Terminal Passengers (in thousands):

AirportJun-23Jun-24% ChangeJan- Jun 23Jan- Jun 24% Change
Guadalajara1,044.21,009.3(3.3%)6,133.25,666.5(7.6%)
Tijuana*721.0686.3(4.8%)4,303.34,083.4(5.1%)
Los Cabos238.6238.5(0.0%)1,411.71,328.3(5.9%)
Puerto Vallarta260.0259.6(0.2%)1,397.61,317.4(5.7%)
Montego Bay0.00.0N/A0.00.0N/A
Guanajuato184.7174.3(5.7%)1,066.6998.2(6.4%)
Hermosillo173.0168.3(2.7%)995.6988.5(0.7%)
Kingston0.00.113.6%0.61.194.0%
Morelia71.851.9(27.7%)388.0299.5(22.8%)
La Paz90.497.37.6%510.6559.49.6%
Mexicali126.481.1(35.8%)727.2514.6(29.2%)
Aguascalientes51.849.5(4.5%)307.0308.60.5%
Los Mochis38.542.710.9%213.1268.025.8%
Manzanillo8.59.815.5%52.866.225.4%
Total3,009.02,868.7(4.7%)17,507.316,399.8(6.3%)
       

International Terminal Passengers (in thousands):

AirportJun-23Jun-24% ChangeJan- Jun 23Jan- Jun 24% Change
Guadalajara441.9484.49.6%2,506.72,860.014.1%
Tijuana*391.3361.9(7.5%)2,160.61,934.0(10.5%)
Los Cabos407.6404.8(0.7%)2,603.72,607.80.2%
Puerto Vallarta247.7251.81.7%2,264.82,441.57.8%
Montego Bay448.5447.4(0.2%)2,656.82,742.43.2%
Guanajuato73.391.224.4%418.1489.317.0%
Hermosillo6.06.711.9%36.743.618.7%
Kingston147.7144.4(2.2%)829.5810.6(2.3%)
Morelia48.554.011.5%294.9313.96.5%
La Paz1.30.9(29.5%)7.76.1(20.4%)
Mexicali0.70.89.3%3.53.87.2%
Aguascalientes24.427.512.8%132.9151.213.8%
Los Mochis0.60.69.8%3.54.014.5%
Manzanillo2.24.084.9%42.756.131.6%
Total2,241.62,280.51.7%13,962.114,464.43.6%
       

Total Terminal Passengers (in thousands): 

AirportJun-23Jun-24% ChangeJan- Jun 23Jan- Jun 24% Change
Guadalajara1,486.21,493.70.5%8,639.98,526.5(1.3%)
Tijuana*1,112.31,048.2(5.8%)6,463.96,017.4(6.9%)
Los Cabos646.2643.3(0.4%)4,015.43,936.2(2.0%)
Puerto Vallarta507.7511.50.7%3,662.43,758.92.6%
Montego Bay448.5447.4(0.2%)2,656.82,742.43.2%
Guanajuato258.1265.52.9%1,484.81,487.50.2%
Hermosillo178.9174.9(2.2%)1,032.31,032.0(0.0%)
Kingston147.8144.5(2.2%)830.1811.8(2.2%)
Morelia120.3106.0(11.9%)682.9613.4(10.2%)
La Paz91.798.27.1%518.3565.69.1%
Mexicali127.181.9(35.6%)730.7518.4(29.1%)
Aguascalientes76.277.01.0%439.9459.84.5%
Los Mochis39.143.410.9%216.6272.025.6%
Manzanillo10.713.829.6%95.5122.428.2%
Total5,250.65,149.2(1.9%)31,469.430,864.2(1.9%)

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

CBX users (in thousands):

AirportJun-23Jun-24% ChangeJan- Jun 23Jan- Jun 24% Change
Tijuana386.8355.8(8.0%)2,142.71,907.6(11.0%)
       

Highlights for the month:

  • Seats and load factors: The seats available during June 2024 decreased by 6.2%, compared to June 2023. The load factors for the month went from 79.7% in June 2023 to 83.4% in June 2024.

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 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





Primary Logo

Get the next $PAC alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$PAC

DatePrice TargetRatingAnalyst
1/21/2025Overweight → Equal Weight
Barclays
11/26/2024Neutral → Buy
UBS
9/25/2024$224.00 → $185.00Sector Outperform → Sector Perform
Scotiabank
9/5/2024Neutral → Underweight
JP Morgan
8/28/2024Neutral → Buy
BofA Securities
10/24/2023Equal Weight → Overweight
Barclays
5/8/2023$205.00 → $215.00Hold → Buy
HSBC Securities
3/1/2023$205.00Buy → Hold
HSBC Securities
More analyst ratings

$PAC
Press Releases

Fastest customizable press release news feed in the world

See more
  • Grupo Aeroportuario del Pacifico Reports in December 2024 a Passenger Traffic Increase of 2.9% Compared to 2023

    GUADALAJARA, Mexico, Jan. 06, 2025 (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 December 2024, compared with December 2023. For December 2024, the total number of terminal passengers at GAP's 12 Mexican airports increased by 3.4%, compared to December 2023. Guadalajara and Tijuana airports presented an increase in passenger traffic of 8.2% and 2.7% respectively, while Puerto Vallarta and Los Cabos airports presented a decrease of 1.8% and 0.9% respectively, compared to December 2023. On the other hand, Montego Bay presented a decrease in passenger traffic of 5

    $PAC
    Aerospace
    Transportation
  • Grupo Aeroportuario del Pacifico Reports in November 2024 a Passenger Traffic Increase of 1.8% Compared to 2023

    GUADALAJARA, Mexico, Dec. 04, 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 November 2024, compared with November 2023. For November 2024, the total number of terminal passengers at GAP's 12 Mexican airports increased by 2.5%, compared to November 2023. Tijuana, Guadalajara, Los Cabos, and Puerto Vallarta airports presented an increase in passenger traffic of 5.3%, 5.0%, 0.5%, and 0.1%, respectively, compared to November 2023. On the other hand, Montego Bay presented a decrease in passenger traffic of 7.4%, compared to November 2023. Domestic Terminal

    $PAC
    Aerospace
    Transportation
  • Grupo Aeroportuario del Pacifico Announces Payment Date for the Second and Last Installment of the Capital Stock Reduction Approved at the Extraordinary Shareholders' Meeting

    GUADALAJARA, Mexico, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC, BMV:GAP) (the "Company" or "GAP") announces that on November 26th, 2024, the Company will complete the second and final installment of the capital reduction payment equivalent to Ps. 6.93 (SIX PESOS 93/100 M.N.) per each outstanding share. With this last payment, the Company fully complies with the capital reduction as approved at the Extraordinary Shareholders' Meeting held on April 25th, 2024. This payment corresponds to the thirty-nine such payment. Company Description Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates 12 airports throughout Mexico's Pacific

    $PAC
    Aerospace
    Transportation

$PAC
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$PAC
SEC Filings

See more

$PAC
Financials

Live finance-specific insights

See more
  • Grupo Aeroportuario del Pacifico Reports in December 2024 a Passenger Traffic Increase of 2.9% Compared to 2023

    GUADALAJARA, Mexico, Jan. 06, 2025 (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 December 2024, compared with December 2023. For December 2024, the total number of terminal passengers at GAP's 12 Mexican airports increased by 3.4%, compared to December 2023. Guadalajara and Tijuana airports presented an increase in passenger traffic of 8.2% and 2.7% respectively, while Puerto Vallarta and Los Cabos airports presented a decrease of 1.8% and 0.9% respectively, compared to December 2023. On the other hand, Montego Bay presented a decrease in passenger traffic of 5

    $PAC
    Aerospace
    Transportation
  • Grupo Aeroportuario del Pacifico Reports in November 2024 a Passenger Traffic Increase of 1.8% Compared to 2023

    GUADALAJARA, Mexico, Dec. 04, 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 November 2024, compared with November 2023. For November 2024, the total number of terminal passengers at GAP's 12 Mexican airports increased by 2.5%, compared to November 2023. Tijuana, Guadalajara, Los Cabos, and Puerto Vallarta airports presented an increase in passenger traffic of 5.3%, 5.0%, 0.5%, and 0.1%, respectively, compared to November 2023. On the other hand, Montego Bay presented a decrease in passenger traffic of 7.4%, compared to November 2023. Domestic Terminal

    $PAC
    Aerospace
    Transportation
  • Grupo Aeroportuario del Pacifico Announces Payment Date for the Second and Last Installment of the Capital Stock Reduction Approved at the Extraordinary Shareholders' Meeting

    GUADALAJARA, Mexico, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC, BMV:GAP) (the "Company" or "GAP") announces that on November 26th, 2024, the Company will complete the second and final installment of the capital reduction payment equivalent to Ps. 6.93 (SIX PESOS 93/100 M.N.) per each outstanding share. With this last payment, the Company fully complies with the capital reduction as approved at the Extraordinary Shareholders' Meeting held on April 25th, 2024. This payment corresponds to the thirty-nine such payment. Company Description Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates 12 airports throughout Mexico's Pacific

    $PAC
    Aerospace
    Transportation

$PAC
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more