Grupo Aeroportuario Del Pacifico Performance

Grupo Aeroportuario Del Pacifico Reports Passenger Traffic Increase of 9.9% for the Month of August

Grupo Aeroportuario Del Pacifico

Grupo Aeroportuario del Pacifico, S.A.B. de C.V., (NYSE:PAC)(BMV: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.

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.

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