Grupo Aeroportuario del Pacifico Reports a Passenger Traffic Increase in August 2025 of 3.4% Compared to 2024

Rhea-AI Summary

Grupo Aeroportuario del Pacifico (NYSE:PAC) reported a 3.4% increase in total terminal passengers for August 2025 compared to August 2024, reaching 5.42 million passengers. The company's major airports showed mixed performance with Puerto Vallarta (+5.5%), Guadalajara (+4.1%), and Los Cabos (+0.6%) posting increases, while Tijuana decreased by 1.6%.

Key performance indicators include a 3.6% increase in seats available during August 2025, with load factors slightly decreasing from 84.3% to 84.0%. The company's domestic passenger traffic grew by 5.1% to 3.28 million, while international traffic increased by 0.8% to 2.15 million passengers.

Positive

• Total passenger traffic increased 3.4% to 5.42 million passengers
• Domestic passenger traffic grew 5.1% to 3.28 million passengers
• Major airports like Puerto Vallarta (+5.5%) and Guadalajara (+4.1%) showed strong growth
• Seat capacity expanded by 3.6% compared to August 2024

Negative

• Load factors decreased from 84.3% to 84.0%
• Tijuana airport traffic declined by 1.6%
• CBX users at Tijuana decreased by 7.0%
• Puerto Vallarta international traffic decreased by 6.3%

Insights

Aviation Industry Analyst

PAC reports solid 3.4% traffic growth in August 2025, with standout domestic growth offsetting weaker international performance.

Grupo Aeroportuario del Pacifico's August traffic report shows healthy overall growth of 3.4% across its airport network, with total passengers reaching 5.42 million. This performance slightly lags the year-to-date growth of 3.9%, suggesting some seasonal moderation but still maintaining positive momentum.

The data reveals a notable dichotomy between domestic and international markets. Domestic passenger traffic surged by 5.1%, while international traffic grew by only 0.8%, indicating stronger demand in Mexico's internal market compared to cross-border travel. This domestic strength provides resilience against international travel fluctuations.

Among GAP's major airports, Puerto Vallarta emerged as the standout performer with 5.5% growth, followed by Guadalajara at 4.1%. Smaller airports showed remarkable performance, with Mexicali (33.0%), Los Mochis (28.3%), and Morelia (22.2%) all posting double-digit growth. However, Tijuana experienced a 1.6% decrease, with its CBX cross-border facility usage dropping by 7.0%, potentially signaling reduced U.S.-Mexico travel demand.

The load factor decreased marginally from 84.3% to 84.0% despite a 3.6% increase in available seats, indicating that capacity additions slightly outpaced demand growth. This slight efficiency decrease bears watching, but remains within a healthy operating range.

Year-to-date performance shows consistent growth across most airports, with an overall 3.9% increase in total passengers compared to 2024, suggesting that the company's growth trajectory remains intact despite varying performance across locations and market segments.

GUADALAJARA, Mexico, Sept. 03, 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 August 2025, compared with August 2024.

During this period, the total number of terminal passengers at GAP’s 12 Mexican airports increased by 3.3%, compared to August 2024. Puerto Vallarta, Guadalajara, and Los Cabos airports presented an increase in passenger traffic of 5.5%, 4.1%, and 0.6%, respectively, while Tijuana airport decreased 1.6%, compared to August 2024. On the other hand, Montego Bay presented an increase in passenger traffic of 5.3%, compared to August 2024.

Domestic Terminal Passengers (in thousands):

Airport	Aug-24		Aug-25		% Change		Jan - Aug 24		Jan - Aug 25		% Change
Guadalajara	1,050.5		1,100.3		4.7	%	7,802.1		8,304.8		6.4	%
Tijuana*	780.2		785.6		0.7	%	5,627.4		5,758.6		2.3	%
Los Cabos	277.0		270.7		(2.3	%)	1,898.8		1,962.2		3.3	%
Puerto Vallarta	278.4		314.0		12.8	%	1,902.6		2,119.4		11.4	%
Montego Bay	0.0		0.0		N/A		0.0		0.0		N/A
Guanajuato	187.6		191.4		2.0	%	1,371.2		1,487.8		8.5	%
Hermosillo	176.8		177.2		0.2	%	1,349.0		1,427.0		5.8	%
Kingston	0.6		0.4		(39.1	%)	2.2		0.7		(69.6	%)
Morelia	55.3		71.2		28.6	%	413.3		506.6		22.6	%
La Paz	113.1		121.7		7.6	%	789.1		856.8		8.6	%
Mexicali	85.8		114.4		33.3	%	695.5		834.6		20.0	%
Aguascalientes	53.6		55.2		2.9	%	415.5		433.8		4.4	%
Los Mochis	49.1		63.1		28.7	%	367.6		469.2		27.7	%
Manzanillo	9.8		11.3		15.0	%	86.5		89.0		2.9	%
Total	3,117.7		3,276.3		5.1	%	22,720.7		24,250.6		6.7	%

International Terminal Passengers (in thousands):

Airport	Aug-24		Aug-25		% Change		Jan - Aug 24		Jan - Aug 25		% Change
Guadalajara	501.7		516.2		2.9	%	3,922.2		3,974.4		1.3	%
Tijuana*	350.8		326.8		(6.8	%)	2,713.0		2,772.5		2.2	%
Los Cabos	282.8		292.3		3.3	%	3,283.9		3,303.4		0.6	%
Puerto Vallarta	172.6		161.8		(6.3	%)	2,855.5		2,712.5		(5.0	%)
Montego Bay	424.8		447.3		5.3	%	3,610.5		3,561.5		(1.4	%)
Guanajuato	94.8		88.8		(6.4	%)	692.3		713.3		3.0	%
Hermosillo	6.1		6.3		3.8	%	56.7		53.3		(5.9	%)
Kingston	199.0		199.0		0.0	%	1,187.3		1,272.3		7.2	%
Morelia	58.6		68.0		16.0	%	435.2		469.9		8.0	%
La Paz	0.9		3.0		237.6	%	7.9		23.1		192.6	%
Mexicali	0.6		0.6		(9.6	%)	5.1		5.0		(2.5	%)
Aguascalientes	30.8		30.7		(0.3	%)	214.1		219.2		2.4	%
Los Mochis	0.7		0.7		(0.6	%)	5.5		5.5		(1.1	%)
Manzanillo	3.7		3.7		0.9	%	63.3		69.9		10.3	%
Total	2,127.9		2,145.3		0.8	%	19,052.4		19,155.7		0.5	%

Total Terminal Passengers (in thousands):

Airport	Aug-24		Aug-25		% Change		Jan - Aug 24		Jan - Aug 25		% Change
Guadalajara	1,552.2		1,616.5		4.1	%	11,724.3		12,279.2		4.7	%
Tijuana*	1,131.0		1,112.4		(1.6	%)	8,340.4		8,531.1		2.3	%
Los Cabos	559.8		563.0		0.6	%	5,182.7		5,265.7		1.6	%
Puerto Vallarta	451.0		475.8		5.5	%	4,758.1		4,831.9		1.6	%
Montego Bay	424.8		447.3		5.3	%	3,610.5		3,561.5		(1.4	%)
Guanajuato	282.4		280.2		(0.8	%)	2,063.5		2,201.0		6.7	%
Hermosillo	182.9		183.5		0.3	%	1,405.7		1,480.3		5.3	%
Kingston	199.6		199.4		(0.1	%)	1,189.4		1,273.0		7.0	%
Morelia	113.9		139.1		22.2	%	848.5		976.5		15.1	%
La Paz	114.0		124.7		9.4	%	797.0		879.9		10.4	%
Mexicali	86.4		115.0		33.0	%	700.6		839.6		19.8	%
Aguascalientes	84.4		85.9		1.7	%	629.6		653.1		3.7	%
Los Mochis	49.7		63.8		28.3	%	373.1		474.7		27.2	%
Manzanillo	13.5		15.0		11.1	%	149.8		158.9		6.1	%
Total	5,245.6		5,421.6		3.4	%	41,773.0		43,406.3		3.9	%

CBX users (in thousands):

Airport	Aug-24		Aug-25		% Change		Jan - Aug 24		Jan - Aug 25		% Change
Tijuana	344.1		320.1		(7.0	%)	2,672.9		2,721.3		1.8	%

Highlights for the month:

• Seats and load factors: The seats available during August 2025 increased by 3.6%, compared to August 2024. The load factors for the month went from 84.3% in August 2024 to 84.0% in August 2025.
  

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 Officer	asoto@aeropuertosgap.com.mx
Gisela Murillo, Investor Relations	gmurillo@aeropuertosgap.com.mx
	+52 33 3880 1100 ext. 20294

FAQ

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

PAC reported a 3.4% increase in total passenger traffic, reaching 5.42 million passengers in August 2025 compared to August 2024.

How did PAC's major airports perform in August 2025?

Puerto Vallarta showed the strongest growth at +5.5%, followed by Guadalajara at +4.1% and Los Cabos at +0.6%, while Tijuana decreased by 1.6%.

What were PAC's load factors in August 2025?

Load factors slightly decreased from 84.3% in August 2024 to 84.0% in August 2025, while seat capacity increased by 3.6%.

How did PAC's domestic vs international traffic compare in August 2025?

Domestic traffic grew by 5.1% to 3.28 million passengers, while international traffic increased by 0.8% to 2.15 million passengers.

What was the performance of PAC's CBX border crossing service in August 2025?

CBX users at Tijuana airport decreased by 7.0% to 320,100 passengers compared to August 2024.