Grupo Aeroportuario del Pacifico Reports in March 2025 a Passenger Traffic Increase of 5.6% Compared to 2024
Rhea-AI Summary
Grupo Aeroportuario del Pacifico (NYSE: PAC) reported a 5.6% increase in total terminal passengers for March 2025 compared to March 2024, reaching 5.7 million passengers across its network. Domestic traffic showed strong growth of 12.6%, while international traffic decreased by 1.3%.
Key airport performance:
- Guadalajara: +10.4% (1.56M passengers)
- Tijuana: +5.6% (1.07M passengers)
- Los Cabos: +3.5% (784.6K passengers)
- Montego Bay: -7.7% (482.6K passengers)
The company's available seats increased by 9.0% compared to March 2024, though load factors decreased from 84.0% to 81.5%. New routes were launched including Guanajuato-Monterrey (Volaris), Puerto Vallarta-Sacramento (Southwest), Los Cabos-Nashville (Southwest), and Los Cabos-Oakland (Volaris).
Positive
- Total passenger traffic increased 5.6% YoY to 5.7M passengers
- Strong domestic traffic growth of 12.6%
- Guadalajara airport showed robust growth of 10.4%
- Four new routes launched across network
- 9.0% increase in available seats
Negative
- International traffic declined 1.3%
- Load factors decreased from 84.0% to 81.5%
- Montego Bay traffic dropped 7.7%
- Puerto Vallarta international traffic declined 3.7%
News Market Reaction – PAC
In the trading session that priced this news, PAC declined 1.18%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
GUADALAJARA, Mexico, April 04, 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 March 2025, compared with March 2024.
For March 2025, the total number of terminal passengers at GAP’s 12 Mexican airports increased by
Domestic Terminal Passengers (in thousands):
| Airport | Mar-24 | Mar-25 | % Change | Jan - Mar 24 | Jan - Mar 25 | % Change |
| Guadalajara | 922.8 | 1,088.8 | 2,671.7 | 3,021.1 | ||
| Tijuana* | 687.5 | 724.0 | 1,985.6 | 2,057.5 | ||
| Puerto Vallarta | 205.2 | 231.5 | 574.8 | 653.6 | ||
| Los Cabos | 219.5 | 238.9 | 637.7 | 668.9 | ||
| Montego Bay | 0.0 | 0.0 | N/A | 0.0 | 0.0 | N/A |
| Guanajuato | 160.6 | 180.3 | 484.0 | 515.5 | ||
| Hermosillo | 160.2 | 188.8 | 457.5 | 508.7 | ||
| Kingston | 0.4 | 0.0 | ( | 0.6 | 0.1 | ( |
| Morelia | 47.1 | 63.5 | 146.2 | 186.1 | ||
| Mexicali | 91.4 | 104.1 | 288.3 | 293.1 | ||
| La Paz | 98.9 | 98.5 | ( | 271.4 | 280.6 | |
| Aguascalientes | 51.0 | 53.7 | 142.3 | 151.8 | ||
| Los Mochis | 42.4 | 56.4 | 126.2 | 165.0 | ||
| Manzanillo | 12.4 | 11.9 | ( | 35.9 | 34.8 | ( |
| Total | 2,699.5 | 3,040.6 | 12.6% | 7,822.2 | 8,536.9 | 9.1% |
International Terminal Passengers (in thousands):
| Airport | Mar-24 | Mar-25 | % Change | Jan - Mar 24 | Jan - Mar 25 | % Change |
| Guadalajara | 494.5 | 476.1 | ( | 1,490.2 | 1,507.0 | |
| Tijuana* | 324.4 | 344.7 | 952.4 | 1,014.9 | ||
| Puerto Vallarta | 551.4 | 531.3 | ( | 1,543.8 | 1,472.5 | ( |
| Los Cabos | 538.7 | 545.8 | 1,408.0 | 1,382.9 | ( | |
| Montego Bay | 522.8 | 482.6 | ( | 1,457.3 | 1,338.9 | ( |
| Guanajuato | 84.6 | 83.2 | ( | 247.1 | 263.1 | |
| Hermosillo | 7.0 | 6.6 | ( | 23.3 | 20.9 | ( |
| Kingston | 129.3 | 139.2 | 391.4 | 428.0 | ||
| Morelia | 51.9 | 55.1 | 157.2 | 174.2 | ||
| Mexicali | 0.6 | 0.6 | ( | 1.6 | 1.8 | |
| La Paz | 1.3 | 3.2 | 3.2 | 8.7 | ||
| Aguascalientes | 22.2 | 23.4 | 69.5 | 73.7 | ||
| Los Mochis | 0.7 | 0.6 | ( | 2.0 | 1.9 | ( |
| Manzanillo | 13.8 | 14.8 | 40.3 | 43.9 | ||
| Total | 2,743.2 | 2,707.2 | (1.3%) | 7,787.1 | 7,732.4 | (0.7%) |
Total Terminal Passengers (in thousands):
| Airport | Mar-24 | Mar-25 | % Change | Jan - Mar 24 | Jan - Mar 25 | % Change |
| Guadalajara | 1,417.4 | 1,564.9 | 4,161.9 | 4,528.2 | ||
| Tijuana* | 1,011.9 | 1,068.8 | 2,938.0 | 3,072.3 | ||
| Puerto Vallarta | 756.6 | 762.8 | 2,118.6 | 2,126.1 | ||
| Los Cabos | 758.1 | 784.6 | 2,045.7 | 2,051.8 | ||
| Montego Bay | 522.8 | 482.6 | ( | 1,457.3 | 1,338.9 | ( |
| Guanajuato | 245.3 | 263.6 | 731.0 | 778.6 | ||
| Hermosillo | 167.2 | 195.4 | 480.8 | 529.6 | ||
| Kingston | 129.7 | 139.2 | 392.0 | 428.1 | ||
| Morelia | 99.1 | 118.6 | 303.4 | 360.3 | ||
| Mexicali | 92.0 | 104.7 | 289.9 | 294.9 | ||
| La Paz | 100.2 | 101.8 | 274.6 | 289.3 | ||
| Aguascalientes | 73.2 | 77.1 | 211.8 | 225.5 | ||
| Los Mochis | 43.1 | 57.1 | 128.2 | 166.9 | ||
| Manzanillo | 26.2 | 26.7 | 76.2 | 78.7 | ||
| Total | 5,442.6 | 5,747.8 | 5.6% | 15,609.3 | 16,269.3 | 4.2% |
*Passengers in Tijuana who use CBX in both directions are classified as international.
CBX users (in thousands):
| Airport | Mar-24 | Mar-25 | % Change | Jan - Mar 24 | Jan - Mar 25 | % Change |
| Tijuana | 319.0 | 339.1 | 941.8 | 998.2 | ||
Highlights for the month:
- Seats and load factors: The seats available during March 2025 increased by
9.0% , compared to March 2024. The load factors for the month went from84.0% in March 2024 to81.5% in March 2025. - New routes:
- Guanajuato - Monterrey: Volaris
- Puerto Vallarta – Sacramento: Southwest
- Los Cabos – Nashville: Southwest
- Los Cabos – Oakland: Volaris
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
| 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 |
