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Grupo Aeroportuario del Pacífico, S.A.B. de C.V. reports developments tied to airport concessions in Mexico and Jamaica. The company operates 12 airports in Mexico’s Pacific region, including Guadalajara, Tijuana, Puerto Vallarta, Los Cabos, La Paz and Manzanillo, and operates Jamaican airports through Sangster International Airport in Montego Bay and Norman Manley International Airport in Kingston.
Recurring news covers monthly passenger traffic by airport, airline and route disruptions, infrastructure investment programs, shareholder meeting resolutions, annual reports, and capital-structure actions. Company updates also include the completed consolidation of Cross Border Xpress and technical assistance services, alongside disclosures affecting Series B and Series BB shares.
Grupo Aeroportuario del Pacífico (NYSE: PAC) reported 1Q26 consolidated IFRS results for the quarter ended March 31, 2026. Total revenues rose 2.8% to Ps.11,369.6m; comprehensive income increased 19.6% to Ps.3,365.8m. GAP issued Ps.10,718.0m in bonds to acquire a 25% stake in CBX and finance capex. Cash and equivalents were Ps.23,185.1m as of March 31, 2026.
International revenues and passenger traffic were weak in Jamaica after Hurricane Melissa; Mexican airports grew aeronautical and non-aeronautical revenues, while certain Mexican airports saw temporary demand impacts in March 2026.
Grupo Aeroportuario del Pacífico (NYSE: PAC) filed its annual report for the year ended December 31, 2025 on April 17, 2026, with Mexican regulators and its Form 20-F with the U.S. SEC.
The filings are available on the BMV, BIVA, CNBV and SEC websites, and on GAP’s Investors website; audited consolidated financial statements are available free on request.
Grupo Aeroportuario del Pacífico (NYSE: PAC) reported a 8.9% decline in total terminal passengers in March 2026 versus March 2025 (5,237.0k vs 5,747.8k). International traffic fell 14.6%, seats available dropped 4.5%, and load factor fell from 81.5% to 75.5% (600 bps).
Significant airport moves: Puerto Vallarta (-24.4% total), Montego Bay (-25.7% total) and La Paz (+21.4% total). New routes and hurricane disruptions in Jamaica were noted.
Grupo Aeroportuario del Pacífico (NYSE: PAC) completed a Ps. 10,718.0 million long-term bond issuance on March 31, 2026, via two tranches with 1.74x oversubscription.
GAP 26: Ps. 2,767.0 million, 3-year, interest TIIE +45 bps, maturity March 27, 2029. GAP 26-2: Ps. 7,951.0 million, 10-year, fixed 9.87%, maturity March 18, 2036. Both tranches received national ratings Aaa.mx and mxAAA (stable). Proceeds will primarily finance the acquisition of a 25% stake in Cross Border Xpress and fund 2025–2029 Master Development Program capex.
Grupo Aeroportuario del Pacífico (NYSE: PAC) paid the maturity of bond certificate GAP 23L for Ps.1,120.0 million by using proceeds from a new credit facility with Scotiabank Inverlat for Ps.1,120.0 million.
The facility has a 12-month term, interest at TIIE Funding +44 bps, monthly interest payments, principal at maturity, and no fees or prepayment costs.
Grupo Aeroportuario del Pacífico (NYSE: PAC) obtained independent assurance for its sustainability-linked bonds “GAP 22L,” “GAP 23L,” “GAP 23-2L,” “GAP 24L,” and “GAP 24-2L.” KPMG Cárdenas Dosal provided a limited assurance under ISAE 3000 that the KPI—a 25% absolute reduction in Scope 1 and Scope 2 GHG emissions (CO2, CH4, NOx) across Mexico and Jamaica as of December 31, 2025 versus 2019 baseline—was achieved. Ruby Canyon provided emissions inventory assurance used in the assessment.
Grupo Aeroportuario del Pacífico (NYSE: PAC) refinanced a bank loan of USD$95.5 million with BBVA México on March 19, 2026. The new facility has a six-month term, an option to extend another six months, interest at SOFR +40 bps, a 10 bps structuring fee, and principal payable at maturity.
Grupo Aeroportuario del Pacífico (NYSE: PAC) calls its Annual Ordinary General Shareholders' Meeting for April 22, 2026 at 12:00 p.m. in Guadalajara. Key items include CEO and auditor reports for FY2025, approval of financial statements, proposed dividend of MXN 20.80 per share, net income transfer of MXN 9,343,142,610, and a new MXN 2,500,000,000 share repurchase authorization.
Share registry closes three business days before the meeting; dividend payable within 12 months and documents available at company offices.
Grupo Aeroportuario del Pacífico (NYSE: PAC) reported a 5.5% decline in total terminal passengers in February 2026 versus February 2025, with total traffic of 4,608.2k passengers. International traffic fell 6.6% and domestic traffic fell 4.5%.
Key drivers included a 31.4% drop at Montego Bay due to Hurricane Melissa, a 19.1% decline in Mexicali, and multiple flight cancellations in Jalisco on February 22–23, 2026.
Grupo Aeroportuario del Pacífico (NYSE: PAC) reported 4Q25 results: total revenues rose 2.8% to Ps. 9,894.8 million, driven by aeronautical (+12.6%) and non-aeronautical (+13.3%) growth. EBITDA reached Ps. 5,114.3 million (+7.5%).
Costs of services jumped 28.1%, and comprehensive income fell 34.3% to Ps. 1,493.3 million. Cash and cash equivalents were Ps. 10,453.2 million as of December 31, 2025.