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Grupo Aeroportuario del Pacifico Reports in July 2023 a Passenger Traffic Increase of 11.5% Compared to 2022

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Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) announces an 11.1% increase in terminal passenger traffic for July 2023 compared to the same period in 2022. Guadalajara, Los Cabos, Tijuana, and Puerto Vallarta saw passenger traffic increases of 13.2%, 9.3%, 7.9%, and 1.5% respectively. The company also opened 43 new routes and increased seats available by 9.6%.
Positive
  • 11.1% increase in terminal passenger traffic signals positive growth for the company.
  • Opening of 43 new routes reflects a commitment to expanding operations and reaching new markets.
Negative
  • None.

GUADALAJARA, Mexico, Aug. 04, 2023 (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 the month of July 2023, compared with the same period of 2022.

For July 2023, the total number of terminal passengers at GAP’s 12 Mexican airports increased by 11.1%, compared to the same period in 2022. Guadalajara, Los Cabos, Tijuana, and Puerto Vallarta presented an increase in passenger traffic of 13.2%, 9.3%, 7.9%, and 1.5% respectively, compared to June 2022. On the other hand, Montego Bay increased by 19.4%, compared to 2022.

Domestic Terminal Passengers (in thousands):

 AirportJul-22Jul-23% ChangeJan - Jul 22Jan - Jul 23% Change 
 Guadalajara1,008.31,136.712.7%6,042.47,269.920.3% 
 Tijuana*752.3844.712.3%4,574.25,148.012.5% 
 Los Cabos256.7301.717.5%1,401.11,713.422.3% 
 Puerto Vallarta280.3302.57.9%1,471.01,700.115.6% 
 Montego Bay0.00.0N/A 0.00.0N/A  
 Guanajuato174.1226.630.1%983.31,293.231.5% 
 Hermosillo175.3190.38.6%1,039.81,185.914.0% 
 Kingston0.00.2440.0%0.50.752.3% 
 Mexicali104.9159.852.3%695.7887.027.5% 
 Morelia56.182.146.2%369.6470.127.2% 
 La Paz106.4116.39.4%619.0626.91.3% 
 Aguascalientes66.558.4(12.3%)420.1365.4(13.0%) 
 Los Mochis36.644.621.8%240.6257.77.1% 
 Manzanillo9.29.98.5%57.762.78.8% 
 Total3,026.73,473.714.8%17,915.120,981.017.1% 

International Terminal Passengers (in thousands):

 AirportJul-22Jul-23% ChangeJan - Jul 22Jan - Jul 23% Change 
 Guadalajara443.9507.814.4%2,511.53,014.520.0% 
 Tijuana*447.5449.30.4%2,397.22,609.98.9% 
 Los Cabos410.7427.54.1%2,720.13,031.211.4% 
 Puerto Vallarta278.4264.6(5.0%)2,213.32,529.414.3% 
 Montego Bay430.4513.719.4%2,519.33,170.525.8% 
 Guanajuato80.085.46.7%437.2503.515.2% 
 Hermosillo7.56.5(12.8%)46.043.3(5.9%) 
 Kingston176.6181.72.9%807.21,011.225.3% 
 Mexicali0.60.710.3%3.54.218.9% 
 Morelia47.954.914.5%281.5349.824.3% 
 La Paz2.51.0(57.9%)16.38.8(46.1%) 
 Aguascalientes23.329.526.4%128.3162.326.5% 
 Los Mochis0.70.72.7%4.44.2(4.4%) 
 Manzanillo4.72.4(48.6%)45.945.1(1.8%) 
 Total2,354.82,525.97.3%14,131.716,488.016.7% 

Total Terminal Passengers (in thousands): 

 AirportJul-22Jul-23% ChangeJan - Jul 22Jan - Jul 23% Change 
 Guadalajara1,452.31,644.513.2%8,554.010,284.420.2% 
 Tijuana*1,199.71,294.07.9%6,971.47,757.911.3% 
 Los Cabos667.4729.29.3%4,121.24,744.615.1% 
 Puerto Vallarta558.7567.11.5%3,684.24,229.514.8% 
 Montego Bay430.4513.719.4%2,519.33,170.525.8% 
 Guanajuato254.1311.922.8%1,420.51,796.726.5% 
 Hermosillo182.8196.87.7%1,085.81,229.113.2% 
 Kingston176.6181.93.0%807.71,012.025.3% 
 Mexicali105.5160.552.1%699.3891.227.4% 
 Morelia104.1137.031.6%651.1819.925.9% 
 La Paz108.8117.47.9%635.3635.70.1% 
 Aguascalientes89.987.9(2.2%)548.4527.7(3.8%) 
 Los Mochis37.345.321.4%245.0261.96.9% 
 Manzanillo13.912.4(11.0%)103.6107.84.1% 
 Total5,381.55,999.611.5%32,046.837,469.016.9% 

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

CBX users (in thousands):

 AirportJul-22Jul-23% ChangeJan - Jul 22Jan - Jul 23% Change 
 Tijuana444.3445.50.3%2,378.92,588.28.8% 
         

Highlights for the month:

  • Seats and load factors: The number of seats available during July 2023 increased by 9.6%, compared to July 2022; load factors for the month went from 82.9% in July 2022 to 74.7% in July 2023.

  • Opening of 43 new routes:
OriginDestinationAirline
GuadalajaraLoretoVolaris
CozumelVolaris
HuatulcoVolaris
GuanajuatoCiudad ObregonVolaris
CuliacanVolaris
Los MochisVolaris
TorreonVolaris
Tuxtla GutierrezVolaris
La PazVolaris
OaxacaVolaris
VeracruzVolaris
AcapulcoVolaris
MazatlanVolaris
ZihuatanejoVolaris
HermosilloVolaris
HermosilloMexicaliVolaris
GuanajuatoVolaris
CancunVolaris
Ciudad JuarezVolaris
CuliacanVolaris
Felipe AngelesVolaris
La PazMazatlanVolaris
GuanajuatoVolaris
MonterreyVolaris
Los CabosCiudad JuarezViva Aerobus
QueretaroViva Aerobus
TorreonViva Aerobus
QueretaroVolaris
MexicaliVolaris
Los MochisChihuahuaVolaris
HermosilloVolaris
MexicaliChihuahuaVolaris
HermosilloVolaris
Ciudad JuarezVolaris
OaxacaVolaris
QueretaroVolaris
Los MochisVolaris
Tuxtla GutierrezVolaris
Los CabosVolaris
Puerto VallartaVolaris
Puerto VallartaMexicaliVolaris
CuliacanVolaris
TijuanaVillahermosaVolaris

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 01 800 563 00 47. The website is www.lineadedenuncia.com/gap. GAP’s Audit Committee will be notified of all complaints for immediate investigation. 

Contact:

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


FAQ

How much did terminal passenger traffic increase in July 2023 compared to July 2022?

Terminal passenger traffic at GAP's 12 Mexican airports increased by 11.1% in July 2023 compared to the same period in 2022.

What are the significant passenger traffic increases at specific airports?

Guadalajara, Los Cabos, Tijuana, and Puerto Vallarta saw passenger traffic increases of 13.2%, 9.3%, 7.9%, and 1.5% respectively in July 2023.

How many new routes did the company open?

The company opened 43 new routes in July 2023.

What was the percentage change in available seats from July 2022 to July 2023?

The number of seats available during July 2023 increased by 9.6% compared to July 2022.

Grupo Aeroportuario del Pacifico, S.A.B. de C.V. Amer. Dep. Shares (each rep. 10 Ser. B shares)

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