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 February 2017, compared to traffic figures for February 2016.
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%. It is important to highlight that February 2017 figures are not exactly comparable to February 2016 figures, nor are the accumulated traffic figures for 2017 versus 2016 exactly comparable. This is because 2016 was a leap year and therefore included an extra day of operations.
Events for the Period:
- Seats and Load Factors: In February 2017, GAP registered an 11.6% increase in the number of seats available compared to February 2016. Load factors for the month decreased by 0.5 percentage points, from 77.2% in February 2016 to 76.7% in February 2017.
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New Routes:
- Guadalajara to Miami: Volaris
- Puerto Vallarta to Oakland: Southwest
- Los Cabos to Oakland: Southwest
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Cross Border Xpress:
The cross-border bridge registered 114,805 users in February 2017, which represented a 24.1% market penetration of Tijuana airport’s total passengers.
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 http://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
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