Grupo Aeroportuario del Pacífico B de C : Pacifico Reports Passenger Traffic Increase of 11.4% for the Month of December
January 06, 2020 at 05:56 pm EST
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GUADALAJARA, Mexico, Jan. 06, 2020 (GLOBE NEWSWIRE) -- 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 December 2019, compared to traffic figures for December 2018.
During December 2019, total terminal passengers at GAP’s 14 airports increased by 11.4%, compared to the same period of the previous year. Domestic passenger traffic increased by 7.6%, while international passenger traffic increased by 15.9%.
Domestic Terminal Passengers – 13 airports (in thousands):
Airport
Dec-18
Dec-19
Change
Jan-Dec 18
Jan-Dec 19
Change
Guadalajara
900.0
911.7
1.3%
10,313.5
10,495.8
1.8%
Tijuana*
458.5
519.0
13.2%
5,501.8
5,979.7
8.7%
Los Cabos
145.7
161.5
10.8%
1,672.2
1,915.7
14.6%
Puerto Vallarta
132.4
166.2
25.6%
1,605.3
1,839.3
14.6%
Montego Bay
0.4
0.9
97.9%
8.5
9.2
9.0%
Guanajuato
175.5
182.3
3.9%
1,654.3
2,056.9
24.3%
Hermosillo
138.5
159.7
15.3%
1,674.9
1,803.8
7.7%
Mexicali
106.1
110.4
4.0%
1,132.6
1,191.9
5.2%
La Paz
83.6
88.7
6.0%
914.9
995.4
8.8%
Morelia
44.4
51.9
16.8%
369.2
478.8
29.7%
Aguascalientes
54.5
57.0
4.5%
676.8
635.2
-6.1%
Los Mochis
31.5
33.8
7.2%
338.5
384.4
13.5%
Manzanillo
9.4
8.7
-7.4%
97.2
95.3
-1.9%
Total
2,280.6
2,451.7
7.5%
25,959.8
27,881.6
7.4%
International Terminal Passengers – 13 airports (in thousands):
Airport
Dec-18
Dec-19
Change
Jan-Dec 18
Jan-Dec 19
Change
Guadalajara
390.9
427.5
9.3%
4,038.0
4,350.5
7.7%
Tijuana*
293.5
333.4
13.6%
2,333.3
2,946.1
26.3%
Los Cabos
333.4
361.7
8.5%
3,576.8
3,693.4
3.3%
Puerto Vallarta
351.7
353.5
0.5%
3,161.7
3,212.5
1.6%
Montego Bay
438.5
448.6
2.3%
4,474.0
4,698.5
5.0%
Guanajuato
65.6
69.5
5.9%
684.5
698.9
2.1%
Hermosillo
6.1
6.9
12.7%
68.8
70.2
2.1%
Mexicali
0.6
0.7
22.3%
5.9
6.9
17.1%
La Paz
0.9
0.9
4.4%
11.4
12.8
11.8%
Morelia
33.5
42.8
27.8%
360.4
418.9
16.2%
Aguascalientes
17.8
22.0
24.0%
191.7
223.2
16.4%
Los Mochis
0.5
0.5
-8.1%
6.3
6.9
10.2%
Manzanillo
8.9
10.2
15.1%
75.3
79.4
5.4%
Total
1,941.7
2,078.2
7.0%
18,988.1
20,418.4
7.5%
Total Terminal Passengers – 13 airports (in thousands):
Airport
Dec-18
Dec-19
Change
Jan-Dec 18
Jan-Dec 19
Change
Guadalajara
1,290.9
1,339.1
3.7%
14,351.6
14,846.3
3.4%
Tijuana*
752.0
852.5
13.4%
7,835.1
8,925.9
13.9%
Los Cabos
479.1
523.2
9.2%
5,249.0
5,609.1
6.9%
Puerto Vallarta
484.0
519.7
7.4%
4,767.1
5,051.9
6.0%
Montego Bay
438.9
449.5
2.4%
4,482.4
4,707.7
5.0%
Guanajuato
241.1
251.8
4.4%
2,338.8
2,755.8
17.8%
Hermosillo
144.6
166.5
15.2%
1,743.8
1,874.1
7.5%
Mexicali
106.7
111.1
4.1%
1,138.5
1,198.8
5.3%
La Paz
84.5
89.6
6.0%
926.3
1,008.1
8.8%
Morelia
77.9
94.7
21.6%
729.6
897.8
23.0%
Aguascalientes
72.3
79.0
9.3%
868.5
858.4
-1.2%
Los Mochis
32.1
34.3
6.9%
344.8
391.3
13.5%
Manzanillo
18.3
18.9
3.5%
172.5
174.7
1.3%
Total
4,222.3
4,529.9
7.3%
44,947.9
48,299.9
7.5%
*Passengers in Tijuana who use CBX in both directions are classified as international.
CBX Users:
Airport
Dec-18
Dec-19
Change
Jan-Dec 18
Jan-Dec 19
Change
Tijuana
288.6
328.4
13.8%
2,261.5
2,897.9
28.1%
Kingston Airport (in thousands):
Passengers
Dec-18
Dec-19
Change
Jan-Dec 18
Jan-Dec 19
Change
Domestic
N/A
1.5
N/A
N/A
3.2
N/A
International
N/A
172.7
N/A
N/A
405.5
N/A
Totales
N/A
174.2
N/A
N/A
408.7
N/A
Total Passengers – 14 airports (in thousands):
Pasajeros
Dec-18
Dec-19
Change
Jan-Dec 18
Jan-Dec 19
Change
Domestic
2,280.6
2,453.2
7.6%
25,959.8
27,884.8
7.4%
International
1,941.7
2,250.8
15.9%
18,988.1
20,823.9
9.7%
Totales
4,222.3
4,704.1
11.4%
44,947.9
48,708.6
8.4%
Highlights for the Period:
Seats and Load Factors: In December 2019, the number of seats available increased by 6.9% compared to December 2018; while load factor for the month increased by 30 basis points, from 79.3% in December 2018 to 79.6% in December 2019.
New Routes:
Guanajuato – Chicago O´Hare: VivaAerobus
Guadalajara – Chicago O´Hare: VivaAerobus
Kingston – Camiguin: Caribbean Airlines
Kingston – Montego Bay: Caribbean Airlines
Montego Bay – Lima: LATAM Airlines
Montego Bay – Santa Clara: Sunwing
Morelia – Chicago O´Hare: VivaAerobus
Puerto Vallarta – Monterrey: Aeroméxico
Puerto Vallarta – Tijuana: VivaAerobus
Puerto Vallarta – Winnipeg: Swoop
Los Cabos – Portland: Sun Country
Los Cabos – Puerto Vallarta: VivaAerobus
Los Cabos – Querétaro: Aeroméxico
Kingston: The Company assumed control of this airport on October 10, 2019. Historical figures are presented for comparison purposes, for a total of 174.2 thousand passengers at December 2019, a 19.8% increase compared to December 2018.
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 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. 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 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 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 and Administrative Officer
Grupo Aeroportuario del Pacifico, S.A.B. de C.V. is a holding company. The Company holds concessions to operate, maintain and develop approximately 10 international airports in the Pacific and Central regions of Mexico, and an international airport in Jamaica. The Company's segments include Guadalajara, Tijuana, Puerto Vallarta, San Jose del Cabo, Montego Bay, Hermosillo, Bajio, Other Airports and Others Companies. The Other Companies segment includes Servicios a la Infraestructura Aeroportuaria del Pacifico, S.A. de C.V. (SIAP), a company that provides technical assistance and professional services; Corporativo de Servicios Aeroportuarios, S.A. de C.V. (CORSA), a company that provides operative services specialized in aeronautical industry; Puerta Cero Parking, S.A. de C.V. (PCP), a company that manages the parking lot operation; Fundacion Grupo Aeroportuario del Pacifico, A.C., and Desarrollo de Concesiones Aeroportuarias, S.L. (DCA), as well as the Company's own operation.