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Grupo Aeroportuario del Pacifico Reports in April 2025 a Passenger Traffic Increase of 9.1% Compared to 2024

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Grupo Aeroportuario del Pacifico (NYSE: PAC) reported strong passenger traffic growth in April 2025. The company's total terminal passengers across its 12 Mexican airports increased by 9.1% compared to April 2024, reaching 5.53 million passengers. Key airports showed significant growth: Tijuana (+10.0%), Guadalajara (+9.0%), Los Cabos (+8.7%), and Puerto Vallarta (+5.7%). Notable domestic traffic increases were seen in Mexicali (+45.4%) and Los Mochis (+31.3%). However, Montego Bay airport experienced a 1.3% decrease in passenger traffic. The company's available seats increased by 11.0%, while load factors slightly decreased from 81.8% to 80.4% year-over-year.
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Positive

  • Total passenger traffic increased 9.1% YoY across Mexican airports
  • Major airports showed strong growth: Tijuana +10.0%, Guadalajara +9.0%, Los Cabos +8.7%
  • Significant domestic traffic growth in smaller airports: Mexicali +45.4%, Los Mochis +31.3%
  • Available seats capacity expanded by 11.0%

Negative

  • Montego Bay airport traffic declined 1.3% YoY
  • Load factors decreased from 81.8% to 80.4%
  • Puerto Vallarta international traffic decreased 2.7%

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GUADALAJARA, Mexico, May 06, 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 April 2025, compared with April 2024.

For April 2025, the total number of terminal passengers at GAP’s 12 Mexican airports increased by 9.9%, compared to April 2024. Tijuana, Guadalajara, Los Cabos, and Puerto Vallarta airports presented an increase in passenger traffic of 10.0%, 9.0%, 8.7%, and 5.7% respectively, compared to April 2024. On the other hand, Montego Bay presented a decrease in passenger traffic of 1.3%, compared to April 2024.

Domestic Terminal Passengers (in thousands):

AirportApr-24Apr-25% ChangeJan - Apr 24Jan - Apr 25% Change
Guadalajara973.01,067.19.7%3,644.74,088.212.2%
Tijuana*691.9748.68.2%2,677.52,806.14.8%
Puerto Vallarta232.7278.419.6%807.6932.015.4%
Los Cabos216.1254.617.8%853.8923.58.2%
Montego Bay0.00.0N/A 0.00.0N/A 
Guanajuato163.0194.019.0%647.0709.69.7%
Hermosillo179.0184.43.0%636.5693.18.9%
Kingston0.30.0(90.0%)0.80.1(88.1%)
Morelia50.160.220.0%196.4246.325.4%
La Paz94.4111.818.5%365.8392.47.3%
Mexicali72.2105.045.4%360.5398.210.5%
Aguascalientes58.253.3(8.6%)200.6205.12.2%
Los Mochis50.666.531.3%176.8231.630.9%
Manzanillo10.110.76.8%46.045.5(1.1%)
Total2,791.93,134.812.3%10,614.011,671.610.0%
         

International Terminal Passengers (in thousands):

AirportApr-24Apr-25% ChangeJan - Apr 24Jan - Apr 25% Change
Guadalajara421.5452.97.4%1,911.61,959.92.5%
Tijuana*307.8351.114.1%1,260.11,366.08.4%
Puerto Vallarta386.3375.7(2.7%)1,930.01,848.2(4.2%)
Los Cabos425.5442.94.1%1,833.41,825.8(0.4%)
Montego Bay435.9430.4(1.3%)1,893.21,769.4(6.5%)
Guanajuato73.184.315.3%320.2347.48.5%
Hermosillo6.76.1(9.9%)30.027.0(10.1%)
Kingston135.1155.014.7%526.5583.010.7%
Morelia50.056.012.0%207.2230.211.1%
La Paz0.93.0222.9%4.111.7182.9%
Mexicali0.60.6(3.7%)2.22.45.7%
Aguascalientes26.927.52.2%96.4101.15.0%
Los Mochis0.70.71.7%2.72.6(4.3%)
Manzanillo7.19.836.6%47.453.713.2%
Total2,278.12,395.85.2%10,065.210,128.30.6%
         

Total Terminal Passengers (in thousands):

Total      
AirportApr-24Apr-25% ChangeJan - Apr 24Jan - Apr 25% Change
Guadalajara1,394.51,520.09.0%5,556.36,048.18.9%
Tijuana*999.71,099.710.0%3,937.74,172.06.0%
Puerto Vallarta619.0654.15.7%2,737.62,780.21.6%
Los Cabos641.6697.58.7%2,687.32,749.32.3%
Montego Bay435.9430.4(1.3%)1,893.21,769.4(6.5%)
Guanajuato236.2278.417.9%967.21,057.09.3%
Hermosillo185.8190.52.5%666.6720.18.0%
Kingston135.4155.014.5%527.4583.110.6%
Morelia100.1116.216.0%403.5476.518.1%
La Paz95.3114.820.4%369.9404.19.2%
Mexicali72.9105.645.0%362.7400.510.4%
Aguascalientes85.180.7(5.2%)297.0306.23.1%
Los Mochis51.367.231.0%179.5234.130.4%
Manzanillo17.220.519.2%93.499.26.2%
Total5,070.05,530.69.1%20,679.321,799.95.4%
         

*Passengers in Tijuana who use CBX in both directions are classified as international.

CBX users (in thousands):

AirportApr-24Apr-25% ChangeJan - Apr 24Jan - Apr 25% Change
Tijuana303.1345.013.8%1,244.91,343.27.9%
         

Highlights for the month:

  • Seats and load factors: The seats available during April 2025 increased by 11.0%, compared to April 2024. The load factors for the month went from 81.8% in April 2024 to 80.4% in April 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 April 2025?

Grupo Aeroportuario del Pacifico (PAC) reported a 9.1% increase in total passenger traffic in April 2025 compared to April 2024, reaching 5.53 million passengers.

Which PAC airports showed the strongest passenger growth in April 2025?

Among major airports, Tijuana showed the strongest growth at 10.0%, followed by Guadalajara at 9.0% and Los Cabos at 8.7%. Among smaller airports, Mexicali led with 45.4% growth and Los Mochis with 31.3%.

How did PAC's load factors change in April 2025 vs 2024?

PAC's load factors decreased from 81.8% in April 2024 to 80.4% in April 2025, despite an 11.0% increase in available seats.

What was the performance of PAC's international airports in Jamaica?

Montego Bay airport in Jamaica experienced a 1.3% decrease in passenger traffic compared to April 2024, while Kingston airport saw a 14.5% increase in total passengers.