Grupo Aeroportuario del Pacifico Reports in November 2024 a Passenger Traffic Increase of 1.8% Compared to 2023
December 04, 2024 at 04:58 pm EST
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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 Passengers (in thousands):
Airport
Nov-23
Nov-24
% Change
Jan- Nov 23
Jan- Nov 24
% Change
Guadalajara
1,015.2
1,021.8
0.6%
11,472.4
10,855.8
(5.4%)
Tijuana*
672.0
716.9
6.7%
8,158.8
7,717.0
(5.4%)
Los Cabos
240.6
225.6
(6.2%)
2,712.9
2,578.7
(4.9%)
Puerto Vallarta
220.0
240.2
9.2%
2,629.4
2,593.4
(1.4%)
Montego Bay
0.1
0.0
(100.0%)
0.1
0.0
(100.0%)
Guanajuato
203.8
187.5
(8.0%)
2,154.7
1,925.9
(10.6%)
Hermosillo
186.8
188.5
0.9%
1,930.9
1,883.5
(2.5%)
Kingston
0.2
0.0
(81.6%)
1.6
2.5
52.1%
Morelia
58.2
62.6
7.5%
729.2
580.5
(20.4%)
La Paz
94.3
103.0
9.2%
996.9
1,083.3
8.7%
Mexicali
136.4
82.5
(39.5%)
1,449.6
922.9
(36.3%)
Aguascalientes
54.0
57.7
6.8%
586.9
579.5
(1.3%)
Los Mochis
44.0
55.3
25.6%
420.0
519.6
23.7%
Manzanillo
11.9
12.8
7.2%
101.0
116.1
14.9%
Total
2,937.6
2,954.4
0.6%
33,344.3
31,358.8
(6.0%)
International Terminal Passengers (in thousands):
Airport
Nov-23
Nov-24
% Change
Jan- Nov 23
Jan- Nov 24
% Change
Guadalajara
413.8
478.5
15.6%
4,675.7
5,302.3
13.4%
Tijuana*
348.9
358.3
2.7%
3,928.9
3,691.9
(6.0%)
Los Cabos
383.1
401.5
4.8%
4,301.7
4,214.7
(2.0%)
Puerto Vallarta
371.4
351.8
(5.3%)
3,460.2
3,524.6
1.9%
Montego Bay
403.6
373.9
(7.4%)
4,716.7
4,590.2
(2.7%)
Guanajuato
74.0
85.6
15.6%
791.7
943.0
19.1%
Hermosillo
6.9
6.2
(10.3%)
68.2
75.6
10.8%
Kingston
122.9
132.8
8.0%
1,590.5
1,597.2
0.4%
Morelia
48.4
55.6
15.0%
538.5
592.2
10.0%
La Paz
1.5
2.1
42.9%
12.8
11.9
(6.9%)
Mexicali
0.6
0.6
(2.6%)
6.4
6.6
3.2%
Aguascalientes
23.5
26.6
13.4%
262.6
295.7
12.6%
Los Mochis
0.5
0.5
1.1%
6.2
7.2
15.7%
Manzanillo
6.2
8.3
34.2%
57.5
77.8
35.4%
Total
2,205.1
2,282.1
3.5%
24,417.7
24,930.8
2.1%
Total Terminal Passengers (in thousands):
Airport
Nov-23
Nov-24
% Change
Jan- Nov 23
Jan- Nov 24
% Change
Guadalajara
1,429.0
1,500.2
5.0%
16,148.2
16,158.1
0.1%
Tijuana*
1,020.9
1,075.2
5.3%
12,087.6
11,408.9
(5.6%)
Los Cabos
623.7
627.1
0.5%
7,014.6
6,793.4
(3.2%)
Puerto Vallarta
591.4
592.0
0.1%
6,089.6
6,118.0
0.5%
Montego Bay
403.6
373.9
(7.4%)
4,716.8
4,590.2
(2.7%)
Guanajuato
277.8
273.1
(1.7%)
2,946.4
2,868.9
(2.6%)
Hermosillo
193.7
194.7
0.5%
1,999.1
1,959.2
(2.0%)
Kingston
123.2
132.8
7.8%
1,592.2
1,599.7
0.5%
Morelia
106.6
118.2
10.9%
1,267.8
1,172.7
(7.5%)
La Paz
95.8
105.1
9.8%
1,009.6
1,095.2
8.5%
Mexicali
136.9
83.1
(39.3%)
1,456.0
929.5
(36.2%)
Aguascalientes
77.5
84.4
8.8%
849.5
875.2
3.0%
Los Mochis
44.5
55.7
25.4%
426.3
526.8
23.6%
Manzanillo
18.2
21.1
16.4%
158.5
193.9
22.3%
Total
5,142.6
5,236.5
1.8%
57,762.0
56,289.6
(2.5%)
*Passengers in Tijuana who use CBX in both directions are classified as international.
CBX users (in thousands):
Airport
Nov-23
Nov-24
% Change
Jan- Nov 23
Jan- Nov 24
% Change
Tijuana
346.3
351.8
1.6%
3,896.5
3,634.3
(6.7%)
Highlights for the month:
Seats and load factors: The seats available during November 2024 decreased by 1.0%, compared to November 2023. The load factors for the month went from 82.8% in November 2023 to 85.2% in November 2024.
New routes:
Hermosillo – Monterrey: Volaris
La Paz – Los Angeles: Alaska
Los Mochis – Monterrey: Volaris
Morelia – Monterrey: Volaris
Mexicali – Monterrey: Volaris
Los Cabos – Frankfurt: Condor
Los Cabos – Winnipeg: WestJet
Manzanillo – Atlanta: Aeromexico
Montego Bay – Nassau: Bahamasair
Montego Bay – Hartford, Connecticut: Avelo
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
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. 
