Grupo Aeroportuario del Pacifico Reports a Passenger Traffic Decrease in April 2026 of 7.6% Compared to 2025

Grupo Aeroportuario del Pacífico (NYSE: PAC) reported a 7.6% decrease in total terminal passengers in April 2026 versus April 2025, with totals of 5,113.4 thousand in Apr‑26 vs 5,531.0 thousand in Apr‑25.

Rhea-AI Summary

Grupo Aeroportuario del Pacífico (NYSE: PAC) reported a 7.6% decrease in total terminal passengers in April 2026 versus April 2025, with totals of 5,113.4 thousand in Apr‑26 vs 5,531.0 thousand in Apr‑25. International traffic fell 10.8% and domestic total fell 5.0%.

Key airport moves: Guadalajara +0.9%, Puerto Vallarta -17.0%, Tijuana -10.5%, Los Cabos -8.1%, Montego Bay -22.0% (Hurricane Melissa effect). Seats available fell 8.3%; load factor rose to 81.5% from 80.8%.

Positive

• La Paz total passengers +11.4% (Apr 2026)
• Load factor increased 0.7 percentage points to 81.5%

Negative

• Total terminal passengers -7.6% (Apr 2026 vs Apr 2025)
• International terminal passengers -10.8% (Apr 2026)
• Seats available -8.3% in April 2026
• Puerto Vallarta total passengers -17.0% (Apr 2026)
• Montego Bay total passengers -22.0% (Apr 2026) due to Hurricane Melissa

Argus May 6 session

-1.11% close to close Open Argus

Details

News Market Reaction – PAC

On May 6, the first trading day after this news, PAC closed 1.11% below the previous close.

Data tracked by StockTitan Argus for the May 6 session.

Key Figures

Total passengers Apr 26: 5,113.4k vs 5,531.0k (-7.6%) Mexico airports traffic: (6.3%) Montego Bay traffic: (22.0%) +5 more

Total passengers Apr 26

5,113.4k vs 5,531.0k (-7.6%)

Total terminal passengers, April 2026 vs April 2025

Mexico airports traffic

(6.3%)

12 Mexican airports, total passenger traffic change April 2026 vs April 2025

Montego Bay traffic

(22.0%)

Montego Bay total terminal passengers, April 2026 vs April 2025

Kingston traffic

(6.0%)

Kingston total terminal passengers, April 2026 vs April 2025

Seats available

(8.3%)

Seats available April 2026 vs April 2025

Load factor change

80.8% to 81.5%

Consolidated load factor April 2025 vs April 2026

CBX users Tijuana

(10.3%)

CBX users April 2026 vs April 2025

YTD total passengers

20,483.2k vs 21,800.3k (6.0%)

Jan–Apr 2026 vs Jan–Apr 2025 total terminal passengers

Historical Context

5 past events · Latest: Apr 23

5 events

1. Apr 23

   Shareholder resolutions

   24h Move

   +2.4%

   Dividend approval, large buyback program and board ratifications.

2. Apr 20

   Quarterly earnings

   24h Move

   +3.1%

   1Q26 revenue and comprehensive income growth despite softer traffic.

3. Apr 17

   Annual filings

   24h Move

   -0.3%

   Filing of 2025 annual report and Form 20-F with regulators.

4. Apr 07

   Traffic update

   24h Move

   +4.3%

   Reported 8.9% March passenger decline with weaker international traffic.

5. Mar 31

   Debt issuance

   24h Move

   +0.7%

   Ps.10,718.0m bond issuance to fund CBX stake and capex.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

forward-looking statements, whistleblower program

2 terms

forward-looking statements regulatory

"This press release may contain forward-looking statements. These statements are statements..."

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

whistleblower program regulatory

"GAP has implemented a “whistleblower” program, which allows complainants to anonymously..."

A whistleblower program lets employees or outsiders confidentially report suspected fraud, legal violations, or unsafe practices to regulators or a company, often with protection from retaliation and sometimes monetary rewards. Think of it as an alarm button that brings hidden problems into the open. Investors care because such reports can trigger investigations, fines, lawsuits or corrective fixes that affect a company’s finances, reputation and stock value.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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GUADALAJARA, Mexico, May 05, 2026 (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 April 2026, compared with April 2025.

During April 2026, the 12 Mexican airports operated by GAP recorded a 6.3% decrease in total passenger traffic compared to April 2025. Guadalajara airport reported an increase of 0.9%, while Puerto Vallarta, Tijuana and Los Cabos reported a decrease of 17.0%, 10.5%, and 8.1%, respectively, compared to April 2025. With respect to GAP’s airports in Jamaica, Kingston recorded a decrease of 6.0%, while Montego Bay recorded a decrease of 22.0%, as a result of disruptions caused by Hurricane Melissa.

Domestic Terminal Passengers (in thousands):

Airport	Apr-25	Apr-26	% Change	Jan - Apr 25	Jan - Apr 26	% Change
Guadalajara	1,067.5	1,066.2	(0.1%)	4,088.6	4,101.8	0.3%
Tijuana*	748.6	671.7	(10.3%)	2,806.1	2,640.2	(5.9%)
Los Cabos	254.6	240.9	(5.4%)	923.5	869.2	(5.9%)
Puerto Vallarta	278.4	255.1	(8.4%)	932.0	899.9	(3.4%)
Montego Bay	0.0	0.0	N/A	0.0	0.0	N/A
Guanajuato	194.0	179.1	(7.7%)	709.6	689.9	(2.8%)
Hermosillo	184.4	166.0	(10.0%)	693.1	646.6	(6.7%)
Kingston	0.0	0.0	(28.0%)	0.1	0.7	610.9%
Morelia	60.2	58.3	(3.2%)	246.3	251.2	2.0%
La Paz	111.8	123.2	10.2%	392.4	437.0	11.4%
Mexicali	105.0	90.5	(13.8%)	398.2	350.2	(12.0%)
Aguascalientes	53.3	55.1	3.5%	205.1	194.0	(5.4%)
Los Mochis	66.5	60.8	(8.6%)	231.6	224.1	(3.2%)
Manzanillo	10.7	9.9	(7.4%)	45.5	42.8	(6.0%)
Total	3,135.2	2,976.9	(5.0%)	11,672.0	11,347.7	(2.8%)

International Terminal Passengers (in thousands):

Airport	Apr-25	Apr-26	% Change	Jan - Apr 25	Jan - Apr 26	% Change
Guadalajara	452.9	467.2	3.2%	1,959.9	1,959.3	(0.0%)
Tijuana*	351.1	312.8	(10.9%)	1,366.0	1,210.4	(11.4%)
Los Cabos	442.9	400.1	(9.7%)	1,825.8	1,772.8	(2.9%)
Puerto Vallarta	375.7	287.5	(23.5%)	1,848.2	1,566.4	(15.2%)
Montego Bay	430.4	335.6	(22.0%)	1,769.4	1,252.9	(29.2%)
Guanajuato	84.3	72.2	(14.3%)	347.4	330.1	(5.0%)
Hermosillo	6.1	6.9	14.2%	27.0	28.9	7.0%
Kingston	155.0	145.7	(6.0%)	583.0	560.5	(3.9%)
Morelia	56.0	64.9	15.9%	230.2	280.7	22.0%
La Paz	3.0	4.6	55.2%	11.7	17.2	47.2%
Mexicali	0.6	0.6	(8.9%)	2.4	2.4	0.6%
Aguascalientes	27.5	29.5	7.5%	101.1	106.8	5.6%
Los Mochis	0.7	0.7	11.5%	2.6	2.6	0.7%
Manzanillo	9.8	8.2	(15.9%)	53.7	44.5	(17.0%)
Total	2,395.8	2,136.5	(10.8%)	10,128.3	9,135.5	(9.8%)

Total Terminal Passengers (in thousands):

Airport	Apr-25	Apr-26	% Change	Jan - Apr 25	Jan - Apr 26	% Change
Guadalajara	1,520.4	1,533.4	0.9%	6,048.5	6,061.1	0.2%
Tijuana*	1,099.7	984.5	(10.5%)	4,172.0	3,850.6	(7.7%)
Los Cabos	697.5	641.0	(8.1%)	2,749.3	2,642.0	(3.9%)
Puerto Vallarta	654.1	542.6	(17.0%)	2,780.2	2,466.3	(11.3%)
Montego Bay	430.4	335.6	(22.0%)	1,769.4	1,252.9	(29.2%)
Guanajuato	278.4	251.3	(9.7%)	1,057.0	1,020.0	(3.5%)
Hermosillo	190.5	173.0	(9.2%)	720.1	675.5	(6.2%)
Kingston	155.0	145.7	(6.0%)	583.1	561.2	(3.8%)
Morelia	116.2	123.2	6.0%	476.5	532.0	11.6%
La Paz	114.8	127.8	11.4%	404.1	454.2	12.4%
Mexicali	105.6	91.0	(13.8%)	400.5	352.6	(12.0%)
Aguascalientes	80.7	84.7	4.9%	306.2	300.8	(1.8%)
Los Mochis	67.2	61.5	(8.4%)	234.1	226.6	(3.2%)
Manzanillo	20.5	18.1	(11.4%)	99.2	87.3	(12.0%)
Total	5,531.0	5,113.4	(7.6%)	21,800.3	20,483.2	(6.0%)
*Passengers in Tijuana who use CBX in both directions are classified as international.

CBX users (in thousands):

Airport	Apr-25	Apr-26	% Change		Jan - Apr 25	Jan - Apr 26	% Change
Tijuana	345.0	309.4	(10.3%)		1,343.2	1,195.7	(11.0%)

Highlights for the month:

• Seats and load factors
  

The seats available during April 2026 decreased by 8.3%, compared to April 2025. The load factors for the month went from 80.8% in April 2025 to 81.5% in April 2026.

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were GAP (PAC) total passenger results for April 2026 versus April 2025?

Total terminal passengers fell 7.6% in April 2026 compared with April 2025. According to the company, totals were 5,113.4k in Apr‑26 vs 5,531.0k in Apr‑25, with international traffic down 10.8%.

Which GAP airports had the largest passenger declines in April 2026 (PAC)?

Puerto Vallarta and Montego Bay posted the largest drops in April 2026. According to the company, Puerto Vallarta total passengers were down 17.0% and Montego Bay down 22.0% year‑over‑year.

How did GAP's seats and load factors change in April 2026 for PAC?

Available seats decreased 8.3% while load factor rose to 81.5%. According to the company, this reflects fewer seats but a slightly higher proportion of seats filled versus April 2025.

What caused the decline at Montego Bay reported by GAP (PAC) in April 2026?

GAP attributes the Montego Bay decline to disruptions from Hurricane Melissa. According to the company, Montego Bay total passengers fell 22.0% in April 2026 compared with April 2025.

How did Guadalajara perform in April 2026 compared with April 2025 for GAP (PAC)?

Guadalajara recorded a small increase of 0.9% in total passengers in April 2026 year‑over‑year. According to the company, Guadalajara totaled 1,533.4k passengers in Apr‑26.