GAP Updates on Montego Bay Airport Developments for 2026-2030
Grupo Aeroportuario Del Pacífico's New Initiatives for Montego Bay
In the recent developments, Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) has completed a vital review process concerning tariffs for passenger travel and planned investments for the Montego Bay Airport. These adjustments are set to take place during the period spanning from 2026 to 2030.
The airline's revised maximum passenger fees will be expressed in U.S. dollars, applicable each year as outlined in the operational framework. The announced rates are aimed at providing both competitive pricing and enhancing the overall travel experience for passengers at the airport.
Investment Schedule and Tariffs for Montego Bay Airport
As part of its commitment to modernize and improve airport facilities, the approved investment program will ensure that necessary funds are allocated appropriately each year during this five-year period. The following outlines the proposed tariffs per passenger:
Tariff Schedule:
- 2026: $17.38
- 2027: $17.79
- 2028: $18.22
- 2029: $18.65
- 2030: $19.07
Furthermore, the planned investments, which also correspond to Montego Bay Airport, are as follows:
- 2026: $38.4 million
- 2027: $39.4 million
- 2028: $18.4 million
- 2029: $11.6 million
- 2030: $10.3 million
- Total Investment: $118.1 million
Grupo Aeroportuario Del Pacífico: Who They Are
Grupo Aeroportuario del Pacífico operates a total of 12 airports, primarily located throughout Mexico’s scenic Pacific region. Key cities serviced include Guadalajara and Tijuana, along with popular tourist destinations such as Puerto Vallarta, Los Cabos, La Paz, and Manzanillo. Additionally, GAP manages airports in six mid-sized cities: Hermosillo, Guanajuato, Morelia, Aguascalientes, Mexicali, and Los Mochis.
Established in February 2006, the company is publicly traded on the New York Stock Exchange under the ticker symbol “PAC” and on the Mexican Stock Exchange with the ticker “GAP”. Notably, in April 2015, GAP expanded its reach by acquiring a controlling interest in MBJ Airports Limited, which operates Sangster International Airport in Montego Bay, Jamaica.
Strong Partnerships and Future Plans
In late 2018, GAP secured a significant agreement to manage the Norman Manley International Airport in Kingston, Jamaica, taking operational control a year later. This strategic partnership underlines GAP’s commitment to enhancing air travel and regional connectivity throughout the Caribbean and beyond.
The outlined tariffs and capital investments are not just financial figures; they signify GAP's commitment to continually enhancing passenger comfort and safety while fostering growth in air traffic and economic development within the regions they serve.
Contact Information for Investors
For investors seeking more insights or information regarding recent updates, Grupo Aeroportuario Del Pacífico offers dedicated contact channels:
Alejandra Soto
Investor Relations and Social Responsibility Officer
Email: asoto@aeropuertosgap.com.mx
Gisela Murillo
Investor Relations
Email: gmurillo@aeropuertosgap.com.mx
Phone: +52 33 3880 1100 ext. 20294
Frequently Asked Questions
What new tariffs have been announced for Montego Bay Airport?
The new tariffs range from $17.38 in 2026 to $19.07 in 2030 per passenger.
How much is being invested in Montego Bay Airport?
The total investment for the 2026-2030 period is $118.1 million.
Where does Grupo Aeroportuario del Pacífico operate?
GAP operates a network of 12 airports across Mexico’s Pacific region and has expanded to include Jamaican facilities.
When was GAP founded?
Grupo Aeroportuario del Pacífico was founded in 2006 and became publicly traded shortly thereafter.
Who can investors contact for more information?
Investors can reach out to Alejandra Soto or Gisela Murillo at GAP for inquiries regarding investments and updates.
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