Grupo Aeroportuario del Pacifico Reports in December 2023 a Passenger Traffic Increase of 2.2% Compared to 2022
January 05, 2024 at 04:10 pm EST
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GUADALAJARA, Mexico, Jan. 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 December 2023, compared with the same period of 2022.
For December 2023, the total number of terminal passengers at GAP’s 12 Mexican airports increased by 1.3%, compared to the same period in 2022. Puerto Vallarta, Los Cabos, and Guadalajara presented an increase in passenger traffic of 4.6%, 2.0%, and 1.2% respectively, compared to December 2022. On the other hand, Montego Bay presented an increase in passenger traffic of 13.2% compared to the same period in 2022.
Domestic Terminal Passengers (in thousands):
Airport
Dec-22
Dec-23
% Change
Jan - Dec 22
Jan - Dec 23
% Change
Guadalajara
1,105.4
1,030.4
(6.8%)
11,155.3
12,502.9
12.1%
Tijuana*
719.6
711.6
(1.1%)
8,102.9
8,870.4
9.5%
Los Cabos
248.3
252.9
1.8%
2,577.8
2,965.7
15.0%
Puerto Vallarta
251.0
230.7
(8.1%)
2,654.5
2,860.1
7.7%
Montego Bay
0.0
0.1
N/A
0.0
0.2
N/A
Guanajuato
189.9
190.9
0.5%
1,828.7
2,345.6
28.3%
Hermosillo
176.4
183.5
4.0%
1,867.2
2,114.3
13.2%
Kingston
0.0
0.2
1020.0%
1.4
1.8
31.0%
Mexicali
134.5
147.1
9.4%
1,292.5
1,596.7
23.5%
Morelia
74.1
66.6
(10.2%)
673.2
795.8
18.2%
La Paz
91.3
105.1
15.2%
1,053.9
1,102.0
4.6%
Aguascalientes
59.7
52.9
(11.5%)
694.8
639.7
(7.9%)
Los Mochis
34.6
43.8
26.4%
416.6
463.8
11.3%
Manzanillo
8.3
11.8
42.8%
97.9
112.8
15.2%
Total
3,093.1
3,027.4
(2.1%)
32,416.7
36,371.7
12.2%
International Terminal Passengers (in thousands):
Airport
Dec-22
Dec-23
% Change
Jan - Dec 22
Jan - Dec 23
% Change
Guadalajara
438.4
531.6
21.3%
4,451.3
5,207.4
17.0%
Tijuana*
431.7
395.6
(8.4%)
4,221.7
4,324.5
2.4%
Los Cabos
439.1
448.2
2.1%
4,441.5
4,749.9
6.9%
Puerto Vallarta
418.9
469.8
12.1%
3,554.2
3,930.0
10.6%
Montego Bay
437.2
495.0
13.2%
4,356.1
5,211.7
19.6%
Guanajuato
74.3
83.6
12.5%
774.5
875.2
13.0%
Hermosillo
6.7
7.3
8.4%
78.1
75.5
(3.3%)
Kingston
159.8
155.8
(2.5%)
1,560.7
1,746.3
11.9%
Mexicali
0.5
0.5
3.2%
6.3
6.9
9.6%
Morelia
48.7
49.9
2.6%
499.6
588.5
17.8%
La Paz
2.4
1.1
(54.0%)
25.8
13.9
(46.2%)
Aguascalientes
22.4
25.7
14.9%
234.5
288.3
22.9%
Los Mochis
0.5
0.7
49.8%
7.4
6.9
(5.6%)
Manzanillo
7.7
10.2
33.7%
67.9
67.7
(0.2%)
Total
2,488.1
2,675.1
7.5%
24,279.7
27,092.8
11.6%
Total Terminal Passengers (in thousands):
Airport
Dec-22
Dec-23
% Change
Jan - Dec 22
Jan - Dec 23
% Change
Guadalajara
1,543.8
1,562.0
1.2%
15,606.6
17,710.2
13.5%
Tijuana*
1,151.4
1,107.2
(3.8%)
12,324.6
13,194.9
7.1%
Los Cabos
687.4
701.1
2.0%
7,019.3
7,715.6
9.9%
Puerto Vallarta
669.9
700.5
4.6%
6,208.7
6,790.1
9.4%
Montego Bay
437.2
495.1
13.2%
4,356.1
5,211.9
19.6%
Guanajuato
264.2
274.5
3.9%
2,603.2
3,220.8
23.7%
Hermosillo
183.2
190.7
4.1%
1,945.4
2,189.9
12.6%
Kingston
159.8
155.9
(2.4%)
1,562.1
1,748.1
11.9%
Mexicali
135.0
147.7
9.4%
1,298.8
1,603.6
23.5%
Morelia
122.8
116.5
(5.1%)
1,172.7
1,384.3
18.0%
La Paz
93.6
106.2
13.4%
1,079.7
1,115.8
3.3%
Aguascalientes
82.1
78.6
(4.3%)
929.3
928.0
(0.1%)
Los Mochis
35.1
44.5
26.7%
424.0
470.7
11.0%
Manzanillo
15.9
22.1
38.4%
165.8
180.5
8.9%
Total
5,581.3
5,702.4
2.2%
56,696.4
63,464.4
11.9%
*Passengers in Tijuana who use CBX in both directions are classified as international.
CBX users (in thousands):
Airport
Dec-22
Dec-23
% Change
Jan - Dec 22
Jan - Dec 23
% Change
Tijuana
428.1
391.5
(8.5%)
4,186.5
4,288.0
2.4%
Highlights for the month:
Seats and load factors: The seats available during December 2023 decreased by 0.9%, compared to December 2022. The load factors for the month went from 78.0% in December 2022 to 80.4% in December 2023.
New routes:
Guanajuato – Dallas Fort Worth: Viva Aerobus
Guadalajara – Felipe Angeles: Viva Aerobus
Guadalajara – Tulum: Viva Aerobus
La Paz – Monterrey: Viva Aerobus
Puerto Vallarta – Abbotsford: WestJet
Puerto Vallarta – Las Vegas: Alaska
Puerto Vallarta – Prince George: WestJet
Puerto Vallarta – Kitchener-Waterloo: Flair
Los Cabos – Montreal: Air Canada
Los Cabos – Abbotsford: WestJet
Los Cabos – Las Vegas: Alaska
Tijuana – Tulum: Viva Aerobus
Montego Bay – Londres Gatwick: Norse Atlantic UK
Montego Bay – Toronto: Jetlines Canada
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
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.
GRUPO AEROPORTUARIO DEL PACÍFICO, S.A.B. DE C.V. 
