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Grupo Aeroportuario del Pacifico, S.A.B. de C.V. Amer. Dep. Shares (each rep. 10 Ser. B shares) - $PAC STOCK NEWS

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Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Grupo Aeroportuario del Pacifico, S.A.B. de C.V. Amer. Dep. Shares (each rep. 10 Ser. B shares)'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Grupo Aeroportuario del Pacifico, S.A.B. de C.V. Amer. Dep. Shares (each rep. 10 Ser. B shares)'s position in the market.

Rhea-AI Summary

Grupo Aeroportuario del Pacifico reported a 7.3% decrease in passenger traffic in April 2024 compared to 2023, affecting various airports in Mexico. The company highlighted factors such as decreased seat availability due to engine revisions and the impact of the Holy Week Holiday. Despite introducing new routes, the overall passenger traffic declined, impacting both domestic and international terminals.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.51%
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Rhea-AI Summary

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) announced the filing of its 2023 annual report and Form 20-F with regulatory authorities. The company operates 12 airports in Mexico, including major cities and tourist destinations. GAP's shares are listed on NYSE and BMV. The press release contains references to EBITDA as a financial performance measure.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.65%
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Rhea-AI Summary
Grupo Aeroportuario del Pacifico announces resolutions adopted at the Annual General Ordinary and Extraordinary Shareholders’ Meeting on April 25, 2024. The Company approved financial statements, allocation of net income, cancellation of share repurchase program, and ratification of Board of Directors. The Chairwoman and compensation for Board members were also approved. Additional resolutions include reduction of shareholders' equity, amendments to by-laws, and approval of special delegates.
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Rhea-AI Sentiment
End-of-Day
1.94%
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Grupo Aeroportuario del Pacifico (PAC) reports its first quarter 2024 results showing a 1.9% increase in total revenues, with a decrease in aeronautical services but an increase in non-aeronautical services revenue. Operating costs rose by 5.8%, leading to a 2.3% decrease in income from operations and a 1.0% decrease in EBITDA. Despite a 0.7% increase in comprehensive income, net income decreased by 3.7%. The company maintained positive cash flow from operating activities and issued long-term bond certificates worth Ps. 3,000.0 million. Passenger traffic increased slightly by 0.1% compared to the same period last year.
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Rhea-AI Sentiment
End-of-Day
11.24%
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Rhea-AI Summary
Grupo Aeroportuario del Pacífico (PAC) reports a 1.2% decrease in total terminal passengers at Mexican airports in March 2024 compared to March 2023. While Puerto Vallarta and Los Cabos saw an increase in passenger traffic, Tijuana and Guadalajara experienced a decline. Montego Bay showed a significant increase in passenger traffic. The company also highlights new routes and changes in seat availability and load factors.
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Rhea-AI Sentiment
End-of-Day
1.55%
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Grupo Aeroportuario del Pacífico (PAC) successfully completes a Ps. 3.0 billion bond issuance in Mexico. The issuance was oversubscribed by 2.4x, generating significant interest. The proceeds will be used to pay off previous bond certificates. The bond certificates were issued under two ticker symbols, 'GAP24-L' and 'GAP24-2L', with different interest rates and maturity dates. GAP also introduced Sustainability Performance Targets linked to the bond issuance, aiming to reduce greenhouse gas emissions and achieve airport certification levels. The issuance received top credit ratings in Mexico from Moody's and S&P, indicating strong financial stability and credibility.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.52%
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Rhea-AI Summary
Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) reports a 1.1% increase in terminal passenger traffic at its 12 Mexican airports in February 2024 compared to February 2023. Puerto Vallarta, Guanajuato, Los Cabos, and Guadalajara saw passenger traffic growth, while Montego Bay showed a significant increase. The company also highlights new routes and load factor improvements.
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Rhea-AI Sentiment
End-of-Day
0.69%
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Grupo Aeroportuario del Pacífico (PAC) announces General Ordinary and Extraordinary Shareholders' Meeting to discuss financial reports, net income allocation, share repurchase program, board member designations, and legal amendments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.22%
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Rhea-AI Summary
Grupo Aeroportuario del Pacífico (PAC) reports positive financial results for Q4 2023, with total revenues increasing by 14.1%. Despite a 10.7% peso appreciation, aeronautical and non-aeronautical revenues grew. Passenger traffic increased by 2.5%, with new routes added. EBITDA decreased by 2.6%, and operating income margin dropped from 45.6% to 37.8%. Financial position remained strong with Ps. 10,055.2 million in cash and cash equivalents.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.06%
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Rhea-AI Summary
Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) announces a 1.6% decrease in total terminal passengers at its 12 Mexican airports for January 2024 compared to January 2023. While Puerto Vallarta and Guadalajara saw an increase in passenger traffic, Tijuana and Los Cabos experienced a decrease. Montego Bay, however, presented a significant increase in passenger traffic. The company also reported a 3.7% decrease in seats available for January 2024 due to engine revisions, but an increase in load factors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.29%
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Grupo Aeroportuario del Pacifico, S.A.B. de C.V. Amer. Dep. Shares (each rep. 10 Ser. B shares)

NYSE:PAC

PAC Rankings

PAC Stock Data

9.37B
409.49M
13.71%
0.3%
Scheduled Passenger Air Transportation
Transportation and Warehousing
Link
United States of America
Guadalajara

About PAC

Grupo Aeroportuario del Pacífico, S.A.B. de C.V., known as GAP, is a Mexican airport operator headquartered in Guadalajara, Mexico.