grupo aeroportuario del pacificoGrupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE:PAC) (BMV:GAP) (“the Company” or “GAP”) announced today preliminary terminal passenger traffic figures for the month of April 2015 compared to traffic figures for April 2014, including traffic for the Montego Bay Airport in Jamaica as of this date.

During April 2015, total terminal passengers in the 12 Mexico-based airports increased 7.5% compared to the same period of the previous year; the Montego Bay airport traffic increased 10.0% during the same period. Domestic passenger traffic presented a 7.7% and -6.5% variation, respectively, while international passenger traffic increased 7.2% and 10.1%, respectively, compared to April 2014.

It is important to mention that the inclusion of the Montego Bay Airport, which contributed 347 thousand passengers during the month of April, represented a 24% increase in terms of the traffic managed within GAP’s network during April (with 13 airports) compared to 2014 figures, which only included 12 airports.

 

grupo aeroporuario del pacifico de mexico (GAP)

Events for the Period

The Company would like to mention some items related to its traffic results for the month of April:

  • Aguascalientes and Guanajuato: The industrial growth in the region has favored the opening of new routes and increased frequencies at both airports. Both Aguascalientes and Guanajuato continue to experience record passenger traffic in the history of the concessions.
  • Guadalajara: During the first third of the year, available seats in this airport increased 3.4%, while occupancy grew 3.1%. Both growth rates have favored an increase in passenger traffic of 7.8%, compared to the same period in the prior year.
  • Los Cabos: Traffic recovery has stabilized within the range of -7.5% to -5% compared to that of 2014. Currently, hotel capacity has recovered to 85% of available rooms at this destination. The Company expects that the reopening of hotels during the following months will increase airline offerings and visitor flow.
  • Tijuana: Demand has remained stable during the first quarter, despite the reduction in the number of available seats to this destination; Interjet is the main growth driver, showing a 59.4% increase year-over-year, as a result of the opening of five routes during the second half of 2014. Although there was a decrease during the prior year, passenger traffic is 12.6% higher than in 2013, which indicates a positive trend in demand for the second half of the year.
  • Opening of the Guadalajara-Dallas Fort Worth route by Volaris.
  • Total terminal passenger traffic at Montego Bay, Jamaica airport during April 2015 increased 10.0% compared to April 2014. Cumulative traffic for the period January-April 2015 increased 8.4% compared to the same period in 2014.

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 MJ Airports Limited, a company operating the Sangster International Airport in Montego Bay, Jamaica.

 

Source: www.aeropuertosgap.com.mx

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