Grupo Aeroportuario del Pacífico (PAC) sees limited hit from Spirit shutdown

Rhea-AI Filing Summary

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.

Insights

Infrastructure and airports analyst

GAP sees limited traffic impact and no direct financial loss from Spirit’s shutdown.

Grupo Aeroportuario del Pacífico reports that Spirit Airlines did not serve its Mexican airports and accounted for only 3.5% of Kingston and 2.6% of Montego Bay traffic. This indicates the traffic exposure is modest and localized to two Jamaican assets.

Spirit’s routes focused on Florida, where other carriers including JetBlue, American, and Southwest already operate with available capacity. GAP also notes that receivables from Spirit are secured by bank guarantees and cash deposits, so it expects no financial hit from unpaid balances.

The main variable is how quickly other airlines absorb Spirit’s former capacity on Jamaica–Florida routes. GAP plans to coordinate with authorities and airlines to reassign capacity, which will determine how passenger volumes at Kingston and Montego Bay evolve in future reporting periods.

Key Figures

Kingston traffic share from Spirit: 3.5% of passenger traffic Montego Bay traffic share from Spirit: 2.6% of passenger traffic Mexican airports operated: 12 airports +1 more

4 metrics

Kingston traffic share from Spirit 3.5% of passenger traffic Spirit’s participation in Kingston, Jamaica

Montego Bay traffic share from Spirit 2.6% of passenger traffic Spirit’s participation in Montego Bay, Jamaica

Mexican airports operated 12 airports Airports in Mexico’s Pacific region operated by GAP

Whistleblower phone Mexico 800 04 ETICA (38422) GAP whistleblower program contact in Mexico

Key Terms

foreign private issuer, forward-looking statements, bank guarantees, whistleblower program, +1 more

5 terms

foreign private issuer regulatory

"Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16"

A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.

forward-looking statements regulatory

"This press release may contain forward-looking statements."

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

bank guarantees financial

"outstanding balances owed by the airline are fully covered by bank guarantees and cash deposits"

A bank guarantee is a written promise from a bank to pay a seller or other beneficiary if a customer fails to meet a payment or performance obligation, acting like a reliable co-signer or backup payer. Investors care because guarantees reduce the risk that a counterparty will be left unpaid, but they can also tie up a company’s borrowing capacity or create potential obligations that aren’t obvious from regular financial statements, affecting creditworthiness and liquidity.

whistleblower program regulatory

"GAP has implemented a “whistleblower” program, which allows complainants to anonymously"

A whistleblower program lets employees or outsiders confidentially report suspected fraud, legal violations, or unsafe practices to regulators or a company, often with protection from retaliation and sometimes monetary rewards. Think of it as an alarm button that brings hidden problems into the open. Investors care because such reports can trigger investigations, fines, lawsuits or corrective fixes that affect a company’s finances, reputation and stock value.

Sarbanes-Oxley Act of 2002 regulatory

"In accordance with Section 806 of the Sarbanes-Oxley Act of 2002"

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE
ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934

For the month of May 2026

Commission File Number: 001-32751

GRUPO AEROPORTUARIO DEL PACÍFICO S.A.B. DE C.V.
(PACIFIC AIRPORT GROUP)
(Translation of registrant's name into English)

México
(Jurisdiction of incorporation or organization)

Avenida Mariano Otero No. 1249-B
Torre Pacifico, Piso 6
Col. Rinconada del Bosque
44530 Guadalajara, Jalisco, México
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [ X ]      Form 40-F [   ]

Grupo Aeroportuario del Pacifico Reports on Impact Arising from the Cessation of Operations of Spirit Airlines

GUADALAJARA, Mexico, May 04, 2026 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) reports that, following the announcement made by Spirit Airlines on May 2 regarding the immediate cessation of its operations, the Company has conducted an assessment of the potential impact on its airports.

Spirit Airlines did not operate at any of the Mexican airports managed by GAP. In Jamaica, its participation represented a limited portion of total passenger traffic, accounting for approximately 3.5% of passenger traffic in Kingston and 2.6% in Montego Bay.

Spirit’s operations at both airports were concentrated on routes to Florida, specifically Fort Lauderdale, Miami, and Orlando, markets that currently have available capacity served by other airlines, including JetBlue, American Airlines, and Southwest Airlines.

GAP does not maintain any material exposure arising from accounts receivable with Spirit Airlines. As of this date, the outstanding balances owed by the airline are fully covered by bank guarantees and cash deposits; therefore, there will be no financial impact.

GAP will continue to closely monitor developments in the Jamaican air travel market and will remain in communication with authorities and airlines to facilitate the reallocation of capacity on the affected routes, with the objective of preserving connectivity and minimizing any operational impact.

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

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		Grupo Aeroportuario del Pacífico, S.A.B. de C.V.
		(Registrant)
Date: May 4, 2026		/s/ SAÚL VILLARREAL GARCÍA
		Saúl Villarreal García
		Chief Financial Officer

FAQ

How does Spirit Airlines’ shutdown affect Grupo Aeroportuario del Pacífico (PAC)?

GAP reports a limited operational impact from Spirit’s shutdown. Spirit did not serve any of GAP’s Mexican airports and represented only small passenger shares in Kingston and Montego Bay, with other airlines already serving those routes.

What share of Jamaican passenger traffic did Spirit represent for PAC airports?

Spirit Airlines accounted for about 3.5% of passenger traffic in Kingston and 2.6% in Montego Bay. These relatively small shares suggest the effect on GAP’s overall network should remain contained to specific routes.

Will Grupo Aeroportuario del Pacífico (PAC) face financial losses from Spirit’s receivables?

GAP does not expect financial losses from Spirit’s unpaid balances. The company states that all outstanding amounts are fully covered by bank guarantees and cash deposits, eliminating material credit exposure to the airline’s shutdown.

How does GAP plan to handle capacity lost from Spirit Airlines in Jamaica?

GAP will work with Jamaican authorities and airlines to reallocate capacity on affected Florida routes. Existing carriers like JetBlue, American, and Southwest already operate there, helping preserve connectivity and limit disruptions for passengers.

Which airports and regions does Grupo Aeroportuario del Pacífico (PAC) operate?

GAP operates 12 airports across Mexico’s Pacific region, including Guadalajara, Tijuana, Puerto Vallarta, Los Cabos, La Paz, and Manzanillo, plus mid-sized cities. It also operates Sangster International in Montego Bay and Norman Manley International in Kingston, Jamaica.