Passenger Growth Highlights from Grupo Aeroportuario del Pacífico

Grupo Aeroportuario del Pacífico Reports Remarkable Traffic Growth

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) is excited to announce that in November 2024, its network of 12 airports in Mexico reported a notable increase in passenger traffic. Rankings for the month indicate a robust growth spurt, as total terminal passengers rose by 2.5% when compared to the same month in 2023.

Prominent airports including Tijuana, Guadalajara, Los Cabos, and Puerto Vallarta showed impressive growth. Tijuana recorded the highest rise in passenger numbers with a significant 5.3% boost, followed closely by Guadalajara with a 5.0% increase. Although there were some fluctuations, the overall trend is clearly positive.

Domestic and International Passenger Insights

Analyzing the data further, the increase in domestic terminal passengers is noteworthy. Specific figures reveal that Guadalajara had 1,021.8 thousand passengers in November 2024 compared to 1,015.2 thousand in November 2023, reflecting a steady year-over-year rise.

Performance of Key Airports

In addition to Guadalajara, the Tijuana airport showed a rise from 672.0 thousand to 716.9 thousand, marking a remarkable 6.7% rise in domestic traffic. While Los Cabos saw a slight decline between November 2023 and November 2024 when counting domestic passengers, it managed to maintain stability in its international traffic.

International Trends

International terminal passenger numbers also reveal a picture of growth. Totals across all airports for international traffic showed positive momentum. Airlines have increasingly adopted competitive routes, which contribute to this growth cycle.

Capacity and Load Factors

Despite a minor dip in available seats of about 1.0%, load factors soared from 82.8% in November 2023 to an impressive 85.2% in November 2024. This indicates that more passengers are filling available flights, a promising sign of demand in the airline industry.

The introduction of new routes also plays a critical role in enhancing overall connectivity. Recent announcements revealed fresh routes such as Hermosillo to Monterrey and La Paz to Los Angeles, fueling further growth potential in passenger numbers.

Company Overview and Future Directions

Grupo Aeroportuario del Pacífico operates key airports throughout Mexico’s Pacific region. The company has strategically positioned itself to handle a diverse range of passenger needs, while continually improving its operational frameworks. GAP remains steadfast in enhancing customer experiences through efficient service and expanded flight offerings.

This adaptability and responsiveness to traveler needs reinforce the company’s market position and ensure steady growth momentum.

Frequently Asked Questions

What is the recent passenger traffic increase reported by GAP?

The total passenger traffic at Grupo Aeroportuario del Pacífico increased by 2.5% in November 2024 compared to the same period in 2023.

Which airports showed the most significant growth in passenger numbers?

Tijuana and Guadalajara airports experienced the most significant growth, with increases of 5.3% and 5.0%, respectively.

How did international passenger traffic perform compared to domestic traffic?

International passenger traffic exhibited a positive trend, reflecting overall growth in areas despite minor fluctuations in domestic traffic.

What new routes has GAP introduced recently?

New routes include Hermosillo to Monterrey, La Paz to Los Angeles, and several others connecting key destinations.

What is the current load factor for GAP?

The load factor increased to 85.2% in November 2024, indicating higher passenger occupancy rates in flights.

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