Grupo Aeroportuario del Pacifico Reports in January 2024 a Passenger Traffic Decrease of 0.6% Compared to 2023
February 06, 2024 at 07:21 pm EST
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GUADALAJARA, Mexico, Feb. 06, 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 January 2024, compared with January 2023.
For January 2024, the total number of terminal passengers at GAP’s 12 Mexican airports decreased by 1.6%, compared to January 2023. Puerto Vallarta and Guadalajara presented an increase in passenger traffic of 1.9% and 1.0%, respectively, while Tijuana and Los Cabos presented a decrease of 7.1% and 3.8%, respectively, compared to January 2023. On the other hand, Montego Bay presented an increase in passenger traffic of 9.6% compared to January 2023.
Domestic Terminal Passengers (in thousands):
Airport
Jan-23
Jan-24
% Change
Guadalajara
991.1
911.7
(8.0%)
Tijuana*
713.6
678.8
(4.9%)
Puerto Vallarta
226.2
201.1
(11.1%)
Los Cabos
229.8
221.4
(3.7%)
Montego Bay
0.0
0.0
N/A
Guanajuato
180.4
174.0
(3.5%)
Hermosillo
157.4
152.2
(3.3%)
Kingston
0.0
0.1
136.4%
Morelia
67.3
56.2
(16.4%)
Mexicali
123.4
110.8
(10.2%)
La Paz
77.8
88.5
13.8%
Aguascalientes
54.4
46.8
(14.0%)
Los Mochis
32.2
44.0
36.5%
Manzanillo
9.1
11.9
31.0%
Total
2,862.6
2,697.4
(5.8%)
International Terminal Passengers (in thousands):
Airport
Jan-23
Jan-24
% Change
Guadalajara
456.8
550.4
20.5%
Tijuana*
393.4
349.6
(11.1%)
Puerto Vallarta
460.9
498.8
8.2%
Los Cabos
451.4
433.6
(3.9%)
Montego Bay
449.0
491.9
9.6%
Guanajuato
77.9
89.6
15.0%
Hermosillo
6.6
9.0
36.1%
Kingston
146.0
148.3
1.6%
Morelia
56.8
55.8
(1.7%)
Mexicali
0.5
0.6
21.4%
La Paz
1.2
0.9
(20.5%)
Aguascalientes
22.9
26.4
15.2%
Los Mochis
0.6
0.8
19.6%
Manzanillo
9.4
12.9
36.1%
Total
2,533.4
2,668.6
5.3%
Total Terminal Passengers (in thousands):
Airport
Jan-23
Jan-24
% Change
Guadalajara
1,447.9
1,462.1
1.0%
Tijuana*
1,107.0
1,028.4
(7.1%)
Puerto Vallarta
687.1
699.9
1.9%
Los Cabos
681.2
655.0
(3.8%)
Montego Bay
449.0
491.9
9.6%
Guanajuato
258.3
263.6
2.0%
Hermosillo
164.0
161.2
(1.7%)
Kingston
146.1
148.4
1.6%
Morelia
124.1
112.1
(9.7%)
Mexicali
123.8
111.4
(10.1%)
La Paz
78.9
89.4
13.3%
Aguascalientes
77.3
73.2
(5.3%)
Los Mochis
32.9
44.8
36.2%
Manzanillo
18.6
24.8
33.6%
Total
5,396.0
5,366.1
(0.6%)
*Passengers in Tijuana who use CBX in both directions are classified as international.
CBX users (in thousands):
Airport
Jan-23
Jan-24
% Change
Tijuana
391.0
347.5
(11.1%)
Highlights for the month:
Seats and load factors: The seats available during January 2024 decreased by 3.7%, compared to January 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 78.8% in January 2023 to 81.4% in January 2024.
New routes:
Guadalajara – Atlanta: Aeromexico
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.