Grupo Aeroportuario Del Pacifico passenger traffic up 10.9%

Grupo Aeroportuario del Pacifico, S.A.B. de C.V. (NYSE:PAC) (BMV:GAP) has reported preliminary terminal passenger traffic figures for the month of February 2017, compared to traffic figures for February 2016, the company said.

During February 2017, total terminal passengers increased 10.9% in the Company´s 13 airports, compared to the same period of the previous year. Domestic passenger traffic increased by 14.9%, while international passenger traffic increased by 6.3%.

February 2017 figures are not exactly comparable to February 2016 figures, nor are the accumulated traffic figures for 2017 versus 2016 exactly comparable since 2016 was a leap year and therefore included an extra day of operations.

Grupo Aeroportuario del PacÃfico, 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.

BY Gulli Arnason - March 8, 2017

Air and Travel

Grupo Aeroportuario del Pacifico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) has announced preliminary terminal passenger traffic figures for the month of December 2016, compared to traffic figures for December 2015, the airline said.

During December 2016, total terminal passengers increased 16.8% in the company´s 13 airports, compared to the same period of the previous year. Domestic passenger traffic increased by 19.0%, while international passenger traffic increased by 13.7%.

GAP registered a 14.3% increase in the number of seats available in December 2016 compared to December 2015. Load factor for the month rose by 1.7 percentage points, from 77.7% in December 2015 to 79.4%.

In the domestic market, Tijuana airport reported GAP´s highest absolute growth in terms of domestic passengers during the month of December. The increase of 124 thousand passengers was mainly derived from the routes to Guadalajara, Mexico City and Culiacan. Guadalajara airport benefited from the new frequencies operated by Volaris and VivaAerobus during the month, as these airlines increased their seat offerings by 19% and 42%, respectively. Los Cabos reported a 24% increase due to the entry into operation of large capacity aircrafts in operation, such as the A321 by Volaris and the A320 by VivaAerobus.

On the international side, in December, Guadalajara airport maintained its double-digit growth trend in terms of international traffic. The main contributors to this growth were the Los Angeles, Chicago, and San Francisco routes, and were the result of the year-end holiday season. Los Cabos and Puerto Vallarta airports benefited from the Mexico-U.S. bilateral aviation agreement, as both airports had two additional airlines operating on their routes from Los Angeles, previously limited to only 3 operators.

Grupo Aeroportuario del PacÃfico, S.A.B. de C.V. 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.

BY Gulli Arnason - January 10, 2017

Air and Travel