Grupo Aeroportuario del Pacifico Reports Passenger Traffic Increase of 9.9% for the Month of August
GUADALAJARA, Mexico–(BUSINESS WIRE)–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 August 2017, compared to traffic
figures for August 2016.
During August 2017, total terminal passengers increased 9.9% in the
Company’s 13 airports, compared to the same period of the previous year.
Domestic passenger traffic increased by 9.2%, while international
passenger traffic increased by 10.9%.
Events for the Period:
-
Seats and Load Factors: In August 2017, GAP registered an 8.5%
increase in the number of seats available compared to August 2016.
Load factors for the month increased by 1.1 percentage points, from
81.5% in August 2016 to 82.6% in August 2017. -
New Routes:
- Guadalajara to Manzanillo: Aeromar
- Guadalajara to Mexicali: VivaAerobus
- Mexicali to Monterrey: VivaAerobus
-
Tropical Storm Lidia: Tropical Storm Lidia: Due to Tropical
Storm Lidia impacting the Pacific region of Mexico, the Los Cabos, La
Paz and Los Mochis airports reported operating impacts from August 30
to September 2. As a result, 13,160 seats that were previously
scheduled in August (12,400 for Los Cabos and 760 for La Paz) did not
operate, in addition to the 15,980 seats previously scheduled in
September (12,600 for Los Cabos, 2,400 for La Paz, and 980 for Los
Mochis). The 3 airfields suffered minimal infrastructure damages, and
are currently operating at 100%. -
Hurricane Harvey: At the end of August, Hurricane Harvey
impacted the state of Texas, causing airport closures in Houston
(Intercontinental and Hobby). To date, this closure has affected
34,400 previously-programmed seats, which were canceled as a result of
the weather phenomenon (7 of the Company’s airports, which currently
operate flights to Houston on a regular basis, were affected). -
Hurricane Irma: As of the date of this report, this
meteorological phenomenon is not expected to affect infrastructure at
the Montego Bay airport, however traffic originating from North
America will be affected, particularly traffic from the state of
Florida.
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 of MBJ Airports Limited, a company operating the Sangster
International Airport in Montego Bay, Jamaica.This press release may contain forward-looking statements. These
statements 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
conditions, 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 01-800-563-0047.
The web site is www.lineadedenuncia.com/gap.
GAP’s Audit Committee will be notified of all complaints for immediate
investigation.For more information please visit www.aeropuertosgap.com.mx.
Contacts
In México:
Grupo Aeroportuario del Pacífico,
S.A.B. de C.V.
Saúl Villarreal García, Chief Financial Officer
Paulina
Sánchez, Investor Relations Officer
Tel: 01 (33) 38801100 ext
20151
svillarreal@aeropuertosgap.com.mx
psanchez@aeropuertosgap.com.mx
or
In
the U.S.:
i-advize Corporate Communications
Maria
Barona
Tel: 212-406-3691/94
gap@i-advize.com