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Grupo Aeroportuario del Pacifico Reports a Passenger Traffic Increase in May 2025 of 2.6% Compared to 2024

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Grupo Aeroportuario del Pacifico (NYSE: PAC) reported a 2.6% increase in total terminal passengers for May 2025 compared to May 2024, reaching 5.17 million passengers. Key Mexican airports showed positive growth with Tijuana up 3.4%, Los Cabos 1.1%, Puerto Vallarta 0.9%, and Guadalajara 0.3%. Domestic traffic grew 4.7% to 3.05 million passengers, while international traffic slightly decreased by 0.2% to 2.11 million. Notably, seat capacity increased by 4.8%, though load factors declined from 82.8% to 81.1%. The company added several new routes operated by Viva, primarily connecting Tijuana with various Mexican cities. Montego Bay airport in Jamaica saw a 1.6% decrease in passenger traffic.
Grupo Aeroportuario del Pacífico (NYSE: PAC) ha registrato un aumento del 2,6% nel numero totale di passeggeri terminali a maggio 2025 rispetto a maggio 2024, raggiungendo 5,17 milioni di passeggeri. Gli aeroporti messicani principali hanno mostrato una crescita positiva: Tijuana +3,4%, Los Cabos +1,1%, Puerto Vallarta +0,9% e Guadalajara +0,3%. Il traffico nazionale è cresciuto del 4,7%, arrivando a 3,05 milioni di passeggeri, mentre il traffico internazionale è leggermente diminuito dello 0,2%, toccando i 2,11 milioni. La capacità di posti a sedere è aumentata del 4,8%, anche se il fattore di carico è sceso dall'82,8% all'81,1%. La società ha introdotto diverse nuove rotte operate da Viva, principalmente collegando Tijuana con varie città messicane. L'aeroporto di Montego Bay in Giamaica ha registrato una diminuzione del traffico passeggeri dell'1,6%.
Grupo Aeroportuario del Pacífico (NYSE: PAC) reportó un aumento del 2,6% en el total de pasajeros terminales en mayo de 2025 en comparación con mayo de 2024, alcanzando 5,17 millones de pasajeros. Los principales aeropuertos mexicanos mostraron un crecimiento positivo: Tijuana subió 3,4%, Los Cabos 1,1%, Puerto Vallarta 0,9% y Guadalajara 0,3%. El tráfico doméstico creció un 4,7%, llegando a 3,05 millones de pasajeros, mientras que el tráfico internacional disminuyó ligeramente un 0,2% hasta 2,11 millones. La capacidad de asientos aumentó un 4,8%, aunque los factores de ocupación bajaron del 82,8% al 81,1%. La empresa añadió varias rutas nuevas operadas por Viva, principalmente conectando Tijuana con diversas ciudades mexicanas. El aeropuerto de Montego Bay en Jamaica experimentó una disminución del 1,6% en el tráfico de pasajeros.
Grupo Aeroportuario del Pacífico (NYSE: PAC)는 2025년 5월 총 터미널 승객 수가 2024년 5월 대비 2.6% 증가하여 517만 명에 달했다고 보고했습니다. 주요 멕시코 공항들은 긍정적인 성장을 보였으며, 티후아나는 3.4%, 로스카보스 1.1%, 푸에르토 바야르타 0.9%, 과달라하라는 0.3% 증가했습니다. 국내 항공 수요는 4.7% 증가하여 305만 명에 이르렀고, 국제 항공 수요는 소폭 0.2% 감소하여 211만 명을 기록했습니다. 좌석 공급은 4.8% 증가했으나 탑승률은 82.8%에서 81.1%로 하락했습니다. 회사는 주로 티후아나와 멕시코 내 여러 도시를 연결하는 Viva의 신규 노선을 여러 개 추가했습니다. 자메이카 몬테고베이 공항은 승객 수가 1.6% 감소했습니다.
Grupo Aeroportuario del Pacífico (NYSE : PAC) a annoncé une augmentation de 2,6 % du nombre total de passagers en terminal en mai 2025 par rapport à mai 2024, atteignant 5,17 millions de passagers. Les principaux aéroports mexicains ont affiché une croissance positive : Tijuana +3,4 %, Los Cabos +1,1 %, Puerto Vallarta +0,9 % et Guadalajara +0,3 %. Le trafic domestique a augmenté de 4,7 % pour atteindre 3,05 millions de passagers, tandis que le trafic international a légèrement diminué de 0,2 % à 2,11 millions. La capacité en sièges a augmenté de 4,8 %, bien que le taux de remplissage ait diminué de 82,8 % à 81,1 %. La société a ajouté plusieurs nouvelles liaisons exploitées par Viva, reliant principalement Tijuana à diverses villes mexicaines. L'aéroport de Montego Bay en Jamaïque a connu une baisse de 1,6 % du trafic passagers.
Grupo Aeroportuario del Pacífico (NYSE: PAC) meldete für Mai 2025 einen Anstieg der Gesamtpassagierzahlen in den Terminals um 2,6 % im Vergleich zu Mai 2024 und erreichte 5,17 Millionen Passagiere. Wichtige mexikanische Flughäfen verzeichneten positives Wachstum: Tijuana stieg um 3,4 %, Los Cabos um 1,1 %, Puerto Vallarta um 0,9 % und Guadalajara um 0,3 %. Der Inlandsverkehr wuchs um 4,7 % auf 3,05 Millionen Passagiere, während der internationale Verkehr leicht um 0,2 % auf 2,11 Millionen zurückging. Die Sitzplatzkapazität stieg um 4,8 %, obwohl die Auslastung von 82,8 % auf 81,1 % sank. Das Unternehmen fügte mehrere neue Strecken hinzu, die von Viva betrieben werden und hauptsächlich Tijuana mit verschiedenen mexikanischen Städten verbinden. Der Flughafen Montego Bay in Jamaika verzeichnete einen Rückgang des Passagieraufkommens um 1,6 %.
Positive
  • Total passenger traffic increased by 2.6% YoY to 5.17 million passengers
  • Domestic passenger traffic showed strong growth of 4.7% to 3.05 million passengers
  • Seat capacity expanded by 4.8% compared to May 2024
  • Multiple new routes added, expanding network connectivity
Negative
  • International passenger traffic decreased by 0.2% to 2.11 million passengers
  • Load factors declined from 82.8% to 81.1%
  • Montego Bay airport traffic decreased by 1.6%

Insights

GAP reports modest 2.6% traffic growth, with divergent performance between domestic (+4.7%) and international (-0.2%) segments amid new route expansion.

Grupo Aeroportuario del Pacífico's May 2025 traffic report reveals a 2.6% year-over-year passenger increase to 5.17 million travelers across its airport network. This moderate growth shows marked differences between market segments, with domestic traffic climbing 4.7% while international traffic declined slightly by 0.2%.

The company's key metrics show operational divergence across its portfolio. Notable performers include Mexicali (+41.2%), Los Mochis (+19.4%), and La Paz (+13.0%) – all showing double-digit growth. However, Montego Bay experienced a 1.6% decline in traffic, suggesting challenges in Jamaica's tourism market.

Of GAP's four largest airports, Tijuana led with 3.4% growth, buoyed by a 7.9% increase in international passengers and 7.5% growth in Cross Border Xpress users. Meanwhile, Guadalajara (+0.3%), Los Cabos (+0.9%), and Puerto Vallarta (+1.1%) posted more modest gains.

The available seat capacity increased 4.8% compared to May 2024, outpacing passenger growth and resulting in load factors declining from 82.8% to 81.1%. This 1.7 percentage point decrease indicates slightly less efficient capacity utilization, potentially impacting revenue per flight.

Year-to-date figures show stronger momentum with total traffic up 4.9% across the first five months of 2025, including an 8.8% increase in domestic passengers. The company's launch of seven new routes operated by Viva, primarily connecting Tijuana with other Mexican destinations, demonstrates GAP's continued network expansion despite variable traffic growth rates.

GUADALAJARA, Mexico, June 05, 2025 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announces preliminary terminal passenger traffic figures for May 2025, compared with May 2024.

For May 2025, the total number of terminal passengers at GAP’s 12 Mexican airports increased by 2.9%, compared to May 2024. Tijuana, Los Cabos, Puerto Vallarta, and Guadalajara airports presented an increase in passenger traffic of 3.4%, 1.1%, 0.9%, and 0.3% respectively, compared to May 2024. On the other hand, Montego Bay presented a decrease in passenger traffic of 1.6%, compared to May 2024.

 Domestic Terminal Passengers (in thousands):   
        
 AirportMay-24May-25% ChangeJan - May 24Jan - May 25% Change
 Guadalajara1,012.51,023.21.1%4,657.25,111.89.8%
 Tijuana*719.6730.51.5%3,397.13,536.64.1%
 Los Cabos236.0245.03.8%1,089.81,168.57.2%
 Puerto Vallarta250.2278.211.2%1,057.81,210.214.4%
 Montego Bay0.00.0N/A 0.00.0N/A 
 Guanajuato177.0194.19.7%823.9903.79.7%
 Hermosillo183.7184.50.4%820.2877.67.0%
 Kingston0.20.0(84.8%)1.10.1(87.4%)
 Morelia51.259.415.9%247.6305.623.5%
 La Paz96.4107.011.0%462.2499.48.1%
 Mexicali73.0103.641.9%433.5501.815.7%
 Aguascalientes58.560.73.7%259.1265.82.6%
 Los Mochis48.458.119.8%225.3289.628.6%
 Manzanillo10.410.3(1.2%)56.455.8(1.1%)
 Total2,917.03,054.54.7%13,531.114,726.58.8%
        


 International Terminal Passengers (in thousands):   
        
 AirportMay-24May-25% ChangeJan - May 24Jan - May 25% Change
 Guadalajara464.0457.5(1.4%)2,375.72,417.41.8%
 Tijuana*312.0336.67.9%1,572.21,702.58.3%
 Puerto Vallarta369.6367.3(0.6%)2,203.02,193.2(0.4%)
 Los Cabos259.6236.1(9.1%)2,189.62,084.3(4.8%)
 Montego Bay401.7395.4(1.6%)2,295.02,164.8(5.7%)
 Guanajuato77.880.33.2%398.0427.77.5%
 Hermosillo6.86.7(2.3%)36.933.7(8.7%)
 Kingston139.7146.34.8%666.2729.39.5%
 Morelia52.749.7(5.8%)259.9279.97.7%
 La Paz1.13.1188.6%5.214.8184.1%
 Mexicali0.70.5(29.2%)3.02.9(2.7%)
 Aguascalientes27.328.75.0%123.7129.85.0%
 Los Mochis0.70.7(9.7%)3.43.2(5.5%)
 Manzanillo4.75.17.4%52.158.712.7%
 Total2,118.62,113.9(0.2%)12,183.912,242.20.5%
        


 Total Terminal Passengers (in thousands):   
        
 AirportMay-24May-25% ChangeJan - May 24Jan - May 25% Change
 Guadalajara1,476.51,480.70.3%7,032.87,529.27.1%
 Tijuana*1,031.61,067.13.4%4,969.35,239.25.4%
 Puerto Vallarta605.6612.31.1%3,292.93,361.72.1%
 Los Cabos509.8514.30.9%3,247.43,294.51.4%
 Montego Bay401.7395.4(1.6%)2,295.02,164.8(5.7%)
 Guanajuato254.8274.47.7%1,222.01,331.49.0%
 Hermosillo190.5191.20.3%857.1911.36.3%
 Kingston139.9146.44.6%667.3729.59.3%
 Morelia103.9109.04.9%507.5585.515.4%
 La Paz97.5110.113.0%467.4514.210.0%
 Mexicali73.7104.141.2%436.4504.615.6%
 Aguascalientes85.889.34.1%382.8395.63.3%
 Los Mochis49.258.719.4%228.7292.828.0%
 Manzanillo15.115.41.4%108.5114.55.5%
 Total5,035.75,168.32.6%25,715.026,968.74.9%


 CBX users (in thousands):    
        
 AirportMay-24May-25% ChangeJan - May 24Jan - May 25% Change
 Tijuana306.9329.87.5%1,551.81,673.07.8%

Highlights for the month:

  • Seats and load factors: The seats available during May 2025 increased by 4.8%, compared to May 2024. The load factors for the month went from 82.8% in May 2024 to 81.1% in May 2025.

  • New routes: 
    Hermosillo – Tijuana: Viva
    Tijuana – Hermosillo: Viva
    La Paz – Santa Lucía: Viva
    La Paz – Tijuana: Viva
    Tijuana – La Paz: Viva
    Tijuana – Veracruz: Viva
    Tijuana – Querétaro: Viva

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 Concessioner Aeroportuarias, S.L., which owns a majority stake in MBJ Airports Limited, a company operating Sangster International Airport in Montego Bay, Jamaica. In October 2018, GAP entered into a concession agreement for the Norman Manley International Airport operation in Kingston, Jamaica, and took control of the operation in October 2019.

This press release may contain forward-looking statements. These statements are statements that are not historical facts and are based on management’s current view and estimates of future economic circumstances, industry conditions, company performance, and financial results. The words “anticipates”, “believes”, “estimates”, “expects”, “plans” and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations, and the factors or trends affecting financial condition, liquidity, or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends, or results will occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.

In accordance with Section 806 of the Sarbanes-Oxley Act of 2002 and Article 42 of the “Ley del Mercado de Valores”, GAP has implemented a “whistleblower” program, which allows complainants to anonymously and confidentially report suspected activities that involve criminal conduct or violations. The telephone number in Mexico, facilitated by a third party responsible for collecting these complaints, is 800 04 ETICA (38422) or WhatsApp +52 55 6538 5504. The website is www.lineadedenunciagap.com or by email at denuncia@lineadedenunciagap.com. GAP’s Audit Committee will be notified of all complaints for immediate investigation.

Alejandra Soto Investor Relations and Social Responsibility Officerasoto@aeropuertosgap.com.mx 
   
Gisela Murillo, Investor Relationsgmurillo@aeropuertosgap.com.mx
+52 33 3880 1100 ext. 20294
 


FAQ

What was PAC's total passenger traffic growth in May 2025?

PAC reported a 2.6% increase in total passenger traffic in May 2025 compared to May 2024, reaching 5.17 million passengers.

How did PAC's domestic and international traffic perform in May 2025?

Domestic traffic grew 4.7% to 3.05 million passengers, while international traffic decreased 0.2% to 2.11 million passengers.

What was the passenger growth at PAC's major Mexican airports in May 2025?

Tijuana grew 3.4%, Los Cabos 1.1%, Puerto Vallarta 0.9%, and Guadalajara 0.3% compared to May 2024.

How did PAC's load factors change in May 2025?

Load factors decreased from 82.8% in May 2024 to 81.1% in May 2025, despite a 4.8% increase in seat capacity.

What new routes did PAC add to its network?

PAC added several new Viva-operated routes, including connections between Tijuana and various cities such as Hermosillo, La Paz, Veracruz, and Querétaro.
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