Bay Street News

Grupo Aeroportuario del Pacifico Reports Passenger Traffic Increase of 4.9% for the Month of January

GUADALAJARA, Mexico, Feb. 06, 2019 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacifico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announced preliminary terminal passenger traffic figures for the month of January 2019, compared to traffic figures for January 2018.

During January 2019, total terminal passengers increased by 4.9% at the Company’s 13 airports, compared to the same period of the previous year. Domestic passenger traffic increased by 4.3%, while international passenger traffic increased by 5.6%.

Domestic Terminal Passengers (in thousands): 

Airport Jan-18 Jan-19 Change
Guadalajara 789.9 803.2 1.7 %
Tijuana* 447.9 455.3 1.6 %
Puerto Vallarta 111.4 122.4 9.9 %
Los Cabos 125.7 134.5 7.0 %
Montego Bay 0.6 0.6 1.4 %
Guanajuato 118.2 163.4 38.2 %
Hermosillo 132.7 126.2 -4.9 %
Mexicali 88.2 92.3 4.7 %
Morelia 33.4 38.6 15.7 %
La Paz 68.1 72.2 5.9 %
Aguascalientes 52.9 46.8 -11.5 %
Los Mochis 28.9 28.3 -2.1 %
Manzanillo 8.1 8.9 9.6 %
Total 2,006.1 2,092.7 4.3 %

 

International Terminal Passengers (in thousands):

Airport Jan-18 Jan-19 Change
Guadalajara 375.9 382.1 1.6 %
Tijuana* 204.0 259.3 27.1 %
Puerto Vallarta 398.6 409.1 2.6 %
Los Cabos 317.2 325.6 2.7 %
Montego Bay 410.3 439.2 7.0 %
Guanajuato 71.6 66.1 -7.7 %
Hermosillo 6.8 6.6 -2.8 %
Mexicali 0.5 0.5 -14.1 %
Morelia 35.1 37.5 6.9 %
La Paz 0.9 1.0 16.8 %
Aguascalientes 17.2 17.6 2.9 %
Los Mochis 0.6 0.7 11.3 %
Manzanillo 14.2 11.3 -20.0 %
Total 1,852.8 1,956.7 5.6 %

 

Total Terminal Passengers (in thousands): 

Airport Jan-18 Jan-19 Change
Guadalajara 1,165.8 1,185.3 1.7 %
Tijuana* 651.9 714.6 9.6 %
Puerto Vallarta 510.0 531.5 4.2 %
Los Cabos 442.9 460.2 3.9 %
Montego Bay 410.9 439.8 7.0 %
Guanajuato 189.8 229.4 20.9 %
Hermosillo 139.6 132.8 -4.8 %
Mexicali 88.7 92.7 4.5 %
Morelia 68.5 76.2 11.2 %
La Paz 69.0 73.2 6.0 %
Aguascalientes 70.1 64.5 -8.0 %
Los Mochis 29.5 28.9 -1.8 %
Manzanillo 22.3 20.2 -9.2 %
Total 3,859.0 4,049.4 4.9 %

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


CBX Users:

  Jan-18 Jan-19 Change
CBX Users   196.9   255.5 29.7%

 

 

Highlights for the Period:

* * *

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 Concesiones Aeroportuarias, S.L., which owns a majority stake in MBJ Airports Limited, a company operating Sangster International Airport in Montego Bay, Jamaica.

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 may involve criminal conduct or violations. The telephone number in Mexico, facilitated by a third party that is in charge of collecting these complaints, is 01 800 563 00 47. The web site is www.lineadedenuncia.com/gap. GAP’s Audit Committee will be notified of all complaints for immediate investigation. 

IR Contacts:
Saúl Villarreal, Chief Financial Officer svillarreal@aeropuertosgap.com.mx 
Alejandra Soto, IR & Financial Planning asoto@aeropuertosgap.com.mx 
Maria Barona, i-advize Corporate Communications mbarona@i-advize.com