Grupo Aeroportuario del Pacífico, S.A.B. de C.V. filings document the formal disclosure record for a Mexican foreign private issuer that operates airport concessions in Mexico and Jamaica. Form 6-K reports cover passenger traffic tables, material events, airline-operational impacts, shareholder meeting resolutions, annual-report notices, capital-structure updates, and completed business combinations.
The company’s Form 20-F and annual-report disclosures include audited consolidated financial statements, operating and financial results, airport concession information, governance reports, Audit and Corporate Practices Committee activity, and whistleblower controls. Filing records also describe ADS and share-structure matters for PAC on the NYSE and GAP on the BMV.
Pacific Airport Group director Juan Ignacio Gallardo Thurlow reported an internal restructuring of his holdings tied to the company’s merger. In connection with the Merger under the April 30, 2026 Merger Agreement, he received 23,206,837 Series B shares and 12,631,936 Series BB shares for no cash consideration in exchange for his shares in PAL Aeropuertos.
At the same time, 21,628,281 Series B shares and 75,791,619 Series BB shares that were held indirectly through Aeropuertos Mexicanos del Pacifico (AMP) were cancelled pursuant to the Merger Agreement. After these transactions, he holds 23,809,569 Series B shares and 12,631,936 Series BB shares directly, with no remaining AMP-held shares reported. The filing reflects ownership changes from the merger rather than open-market buying or selling.
Pacific Airport Group director Laura Diez-Barroso Azcárraga reported a restructuring of her holdings tied to a merger completed on May 6, 2026. The company merged five entities into the issuer and, as consideration, issued new Series B and Series BB shares to the merging entities’ shareholders.
In connection with this merger, she received an aggregate of 19,438,479 Series B shares and 25,263,873 Series BB shares for no cash consideration. At the same time, 21,628,281 Series B shares and 75,791,619 Series BB shares previously held indirectly through Aeropuertos Mexicanos del Pacifico (AMP) were cancelled under the merger terms.
After these transactions, she directly holds 34,231,996 Series B shares and 25,263,873 Series BB shares, while 25,956,136 Series B shares are held by her spouse. The Series BB shares are convertible into an equal number of Series B shares at any time, subject to timing and notice conditions in the company’s bylaws.
Grupo Aeroportuario del Pacífico reported that it has begun the process for the potential creation of an irrevocable trust called FIBRA GAP, which would subscribe a minority equity interest in the 12 Mexican airport concessionaires it operates. Through the initial issuance of FIBRA GAP, these airports aim to obtain funds to help execute the 2026–2029 Master Development Program, which contemplates investments of approximately Ps. 40.0 billion. The program is expected to expand airport infrastructure with an estimated 60% increase in terminals, 35% more inspection points and access areas, 25% more aircraft parking positions, and 10% additional airside infrastructure. The FIBRA GAP investment would provide an additional funding source for airport infrastructure alongside GAP’s existing debt securities program used since 2015.
Aena Desarrollo Internacional and its affiliates report a new equity stake in Pacific Airport Group following a merger. They beneficially own 38,994,777 Shares, including 13,730,904 Series B shares and 25,263,873 Series BB shares that can convert into Series B, representing 6.55% of 595,018,195 outstanding Shares as of May 7, 2026.
The stake was received as consideration in the merger of Aeropuertos Mexicanos del Pacifico into the issuer. The Shares are subject to a 365-day lock-up from shareholder approval, with partial releases allowing up to 25% to be sold after 90 days and an additional 25% after 180 days. AENA also holds registration rights, including demand and shelf registration rights and the ability to request underwritten offerings and block trades, subject to limits and a minimum aggregate market value of $100,000,000 per request.
Grupo Aeroportuario del Pacífico (GAP) has completed the business combination of Cross Border Xpress (CBX) and related technical assistance and technology transfer arrangements. The merger agreement was notarized after shareholder approval, and GAP also closed the purchase of the remaining 25% of the CBX business, bringing its ownership to 100%.
As a result of the merger, GAP issued 89,740,731 new shares, bringing its total outstanding share count to 595,018,195 shares, split into 519,226,576 Series B shares and 75,791,619 Series BB shares. GAP assumed control of the merged entities and began consolidating CBX and related businesses into its financial statements starting in May.
Grupo Aeroportuario del Pacífico reported that total terminal passenger traffic across its 12 Mexican and 2 Jamaican airports fell 7.6% in April 2026 versus April 2025, to 5,113.4 thousand passengers. For January–April, total passengers declined 6.0% to 20,483.2 thousand.
Mexican airports saw a 6.3% drop in April, with Puerto Vallarta, Tijuana and Los Cabos down 17.0%, 10.5% and 8.1%, while Guadalajara grew 0.9%. In Jamaica, Montego Bay traffic fell 22.0% and Kingston 6.0%, with Montego Bay affected by Hurricane Melissa.
Available seats decreased 8.3% in April 2026, but the overall load factor improved from 80.8% to 81.5%, indicating fuller planes despite lower capacity and traffic.
Grupo Aeroportuario del Pacífico explains the impact of Spirit Airlines’ sudden shutdown on its operations. Spirit did not fly to any of GAP’s Mexican airports. In Jamaica, Spirit represented about 3.5% of passenger traffic in Kingston and 2.6% in Montego Bay, mainly on routes to Florida.
Those Florida routes are also served by other airlines such as JetBlue, American Airlines, and Southwest Airlines, which currently have available capacity. GAP states it has no material exposure to Spirit through receivables because outstanding balances are fully backed by bank guarantees and cash deposits, so it expects no direct financial impact. The company will keep working with Jamaican authorities and airlines to reallocate capacity and protect connectivity at the affected airports.
Grupo Aeroportuario del Pacífico reports that shareholders approved all key items at the annual meeting. They approved 2025 unconsolidated and consolidated financial statements and management and board reports.
Net income for 2025 of $9,343,142,610.00 pesos was allocated entirely to retained earnings, as the legal reserve already meets the required level. From retained earnings of $20,379,864,675.00 pesos, shareholders approved a cash dividend of $20.80 pesos per share, payable in one or more installments within 12 months after April 22, 2026, to shares outstanding on the payment date, excluding repurchased shares.
They canceled the prior buyback program and authorized a new share repurchase capacity of $2,500,000,000.00 pesos for the 12 months following April 22, 2026. Shareholders also ratified and appointed board members, confirmed Laura Díez Barroso Azcárraga as chairwoman, approved board compensation for 2025 and 2026, and ratified the leadership of the Audit and Corporate Practices and Nominations and Compensation committees.
Grupo Aeroportuario del Pacífico reported higher profitability for 1Q26 despite softer traffic. Total revenues rose to Ps.11,369.6 million, up 2.8% year over year, as aeronautical and non-aeronautical revenues together increased 4.5%.
EBITDA grew 6.4% to Ps.5,988.8 million, with the EBITDA margin (excluding IFRIC-12) improving from 67.1% to 68.3%. Net income increased 15.9% to Ps.3,312.0 million, while comprehensive income climbed 19.6% to Ps.3,365.8 million, supported by better financial results and currency effects.
Total passengers across the 14 airports fell 5.5%, pressured by a 31.5% decline at Montego Bay due to Hurricane Melissa and security-related disruptions in Jalisco. The company issued bond certificates totaling Ps.10,718.0 million and ended the quarter with Ps.23,185.1 million in cash and cash equivalents.
Grupo Aeroportuario del Pacífico filed its 2025 annual report for the year ended December 31, 2025 with Mexican regulators, local exchanges and submitted its Form 20-F to the U.S. Securities and Exchange Commission. These documents are available on the BMV, BIVA, SEC and the company’s investor relations website.
Shareholders can request free hard copies of the reports, including audited consolidated financial statements, through the investor relations team. The company also highlights its whistleblower program, which allows anonymous and confidential reporting of suspected criminal conduct or violations.