Grupo Aeroportuario del Pacifico Reports in May 2023 A Passenger Traffic Increase of 10.4% Compared to 2022
June 05, 2023 at 10:32 pm
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GUADALAJARA, Mexico, June 05, 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 May 2023, compared with the same period of 2022.
For May 2023, the total number of terminal passengers at GAP’s 12 Mexican airports increased by 10.1%, compared to the same period in 2022. Guadalajara, Tijuana, Los Cabos, and Puerto Vallarta presented an increase in passenger traffic of 16.1%, 7.3%, 5.2%, and 1.0% respectively, compared to May 2022. On the other hand, Montego Bay increased by 10.2% and Kingston by 22.1%, compared to 2022.
Domestic Terminal Passengers (in thousands):
Airport
May-22
May-23
% Change
Jan – May 22
Jan – May 23
% Change
Guadalajara
934.0
1,078.3
15.4%
4,181.5
5,089.0
21.7%
Tijuana*
690.5
743.4
7.7%
3,183.3
3,582.3
12.5%
Los Cabos
213.0
242.8
14.0%
939.9
1,173.1
24.8%
Puerto Vallarta
233.1
237.9
2.1%
959.7
1,137.6
18.5%
Montego Bay
0.0
0.0
N/A
0.0
0.0
N/A
Guanajuato
140.1
187.6
33.9%
659.2
881.9
33.8%
Hermosillo
163.0
170.7
4.8%
703.5
822.6
16.9%
Kingston
0.0
0.3
493.0%
0.4
0.5
30.3%
Mexicali
96.0
121.4
26.4%
488.2
600.8
23.1%
Morelia
56.2
64.1
13.9%
259.7
316.2
21.7%
La Paz
90.7
97.4
7.4%
422.7
420.2
(0.6%)
Aguascalientes
66.5
51.9
(21.9%)
293.1
255.2
(12.9%)
Los Mochis
36.7
38.9
6.1%
169.2
174.6
3.2%
Manzanillo
8.5
8.5
0.1%
40.3
44.3
10.0%
Total
2,728.3
3,043.2
11.5%
12,300.6
14,498.3
17.9%
International Terminal Passengers (in thousands):
Airport
May-22
May-23
% Change
Jan – May 22
Jan – May 23
% Change
Guadalajara
372.8
439.1
17.8%
1,688.1
2,064.8
22.3%
Tijuana*
324.4
345.3
6.4%
1,585.2
1,769.3
11.6%
Los Cabos
372.9
373.5
0.2%
1,912.2
2,196.1
14.8%
Puerto Vallarta
255.9
256.2
0.1%
1,661.0
2,017.1
21.4%
Montego Bay
365.6
402.8
10.2%
1,695.8
2,208.3
30.2%
Guanajuato
59.3
69.1
16.6%
291.6
344.8
18.2%
Hermosillo
7.2
6.2
(13.3%)
31.8
30.8
(3.3%)
Kingston
115.8
141.1
21.9%
500.4
681.7
36.2%
Mexicali
0.5
0.6
13.7%
2.2
2.8
25.2%
Morelia
40.3
47.8
18.6%
194.0
246.4
27.0%
La Paz
1.5
1.3
(14.2%)
11.3
6.4
(43.6%)
Aguascalientes
19.1
25.0
31.2%
84.9
108.4
27.7%
Los Mochis
0.7
0.6
(11.6%)
3.1
2.9
(4.5%)
Manzanillo
4.5
3.2
(29.0%)
36.8
40.5
10.0%
Total
1,940.4
2,111.8
8.8%
9,698.5
11,720.3
20.8%
Total Terminal Passengers (in thousands):
Airport
May-22
May-23
% Change
Jan – May 22
Jan – May 23
% Change
Guadalajara
1,306.8
1,517.4
16.1%
5,869.6
7,153.7
21.9%
Tijuana*
1,014.9
1,088.7
7.3%
4,768.5
5,351.6
12.2%
Los Cabos
585.9
616.2
5.2%
2,852.1
3,369.2
18.1%
Puerto Vallarta
489.0
494.1
1.0%
2,620.7
3,154.8
20.4%
Montego Bay
365.6
402.8
10.2%
1,695.8
2,208.3
30.2%
Guanajuato
199.4
256.7
28.7%
950.8
1,226.7
29.0%
Hermosillo
170.2
177.0
4.0%
735.3
853.4
16.1%
Kingston
115.8
141.3
22.1%
500.9
682.2
36.2%
Mexicali
96.5
122.0
26.4%
490.4
603.6
23.1%
Morelia
96.6
111.9
15.9%
453.7
562.6
24.0%
La Paz
92.2
98.7
7.0%
434.1
426.6
(1.7%)
Aguascalientes
85.5
77.0
(10.0%)
377.9
363.6
(3.8%)
Los Mochis
37.4
39.5
5.8%
172.3
177.5
3.0%
Manzanillo
13.0
11.7
(10.0%)
77.1
84.8
10.0%
Total
4,668.6
5,155.0
10.4%
21,999.1
26,218.6
19.2%
*Passengers in Tijuana who use CBX in both directions are classified as international.
CBX users (in thousands):
Airport
May-22
May-23
% Change
Jan – May 22
Jan – May 23
% Change
Tijuana
321.8
342.5
6.4%
1,574.2
1,755.8
11.5%
Highlights for the month:
Seats and load factors: The number of seats available during May 2023 increased by 15.6%, compared to May 2022; load factors for the month went from 82.1% in May 2022 to 78.8% in May 2023.
New routes:
Los Cabos – Dallas-Fort Worth: Spirit
Los Cabos – Houston: Spirit
Los Cabos – Toluca – Cancun: Viva Aerobus
Montego Bay – Dallas-Fort Worth: Frontier
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.
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.