STOCK TITAN

Pacific Airport Group August traffic up, YTD -3.9%

Pacific Airport Group shows slight August traffic growth but year-to-date passengers remain below 2025 levels, with notable weakness at key tourist and Jamaican airports.

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Pacific Airport Group (PAC) reports that total terminal passenger traffic across its network rose 0.5% in August 2026 versus August 2025, reaching 5.45 million passengers. The 12 Mexican airports together posted a 2.6% increase, while the Jamaican airports showed mixed performance.

Guadalajara led growth with a 10.5% increase in total August passengers, and Tijuana grew 1.2%. In contrast, key tourist airports declined: Puerto Vallarta fell 10.3% and Los Cabos 6.2%. In Jamaica, Kingston grew 2.8%, while Montego Bay decreased 23.0% for the month.

For the year to date through August, total terminal passengers were 41.71 million, down 3.9% from 43.41 million a year earlier, reflecting ongoing softness at several tourist airports and Montego Bay. Seats available in August increased 1.5%, while the load factor edged down from 84.0% to 83.2%.

Positive

  • Total August terminal passengers grew 0.5% year over year to 5.45 million, with the 12 Mexican airports up 2.6%, indicating modest traffic expansion despite regional softness.
  • Guadalajara airport posted strong growth, with total August passengers up 10.5% and year-to-date traffic up 4.8%, highlighting resilience at a major hub.

Negative

  • Year-to-date total passengers declined 3.9% to 41.71 million from 43.41 million, signaling weaker cumulative demand across the network.
  • Key tourist and Jamaican airports showed sharp declines, including Puerto Vallarta down 10.3%, Los Cabos down 6.2%, and Montego Bay down 23.0% in August versus 2025.
  • Load factor slipped from 84.0% to 83.2% in August 2026 even as seats increased 1.5%, suggesting slightly lower capacity utilization.

Filing Explained

August traffic rose 0.5%, but international passengers fell 4.5%, leaving year-to-date network traffic 3.9% below 2025.

As a Form 6-K, this report furnishes preliminary operating information from the company’s home-market disclosures: August total terminal traffic rose 0.5% year over year to 5,449.9 thousand passengers, while traffic for January through August remained 3.9% below 2025.

The monthly total was not broad-based across traffic categories: domestic terminal passengers increased 3.8%, while international passengers decreased 4.5%. The filing therefore updates the company’s operating traffic condition without reporting a financing, ownership, or completion event.

Through August, the split was more adverse internationally: domestic traffic was down 0.4% year to date, compared with an 8.4% decline in international traffic. Montego Bay was down 26.2% year to date, while Guadalajara was up 4.8%.

Total August terminal passengers 5.45 million passengers Network-wide in August 2026, up 0.5% versus August 2025
Mexican airports August traffic change 2.6% increase Total passenger traffic at 12 Mexican airports in August 2026 vs 2025
Year-to-date total passengers 41.71 million passengers January–August 2026 vs 43.41 million in 2025, down 3.9%
Guadalajara August passenger growth 10.5% increase Total terminal passengers August 2026 vs August 2025
Montego Bay August passenger change 23.0% decrease Total terminal passengers August 2026 vs August 2025
Puerto Vallarta August passenger change 10.3% decrease Total terminal passengers August 2026 vs August 2025
Seats available change 1.5% increase Seats available in August 2026 vs August 2025
Load factor 83.2% August 2026, down from 84.0% in August 2025
terminal passenger traffic market
"announces preliminary terminal passenger traffic figures for August 2026"
Terminal passenger traffic is the number of people who pass through an airport terminal during a set period, including those arriving, departing, and connecting. Investors watch it like foot traffic in a shopping center: higher passenger counts typically increase airlines’ ticket sales, airport fees and retail income, while changes in the trend signal shifts in travel demand, capacity pressure, or recovery from disruptions.
load factors financial
"The load factors for the month went from 84.0% in August 2025"
Load factors measure how much of a company’s available capacity is actually being used, expressed as a percentage. Think of it like the share of seats filled on a bus or oven space in a bakery: higher load factor means more of the product or service is being sold relative to what could be offered. For investors, it signals operational efficiency and revenue potential—high load factors usually boost profit margins and lower per-unit costs, while low ones can warn of wasted capacity or weak demand.
whistleblower program regulatory
"GAP has implemented a “whistleblower” program, which allows complainants"
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.
concession agreement regulatory
"entered into a concession agreement for the Norman Manley International Airport"
A concession agreement is a contract where a government or owner gives a company the right to operate, maintain, or exploit a public asset or service (like a road, port, or utility) for a set period in exchange for payments, investments, or sharing revenue. Think of it like renting and running a storefront on behalf of the property owner: the company collects income but must meet rules and invest in upkeep. For investors, these deals shape a firm’s long-term revenue, upfront costs, regulatory risk and cash-flow predictability.
foreign private issuer regulatory
"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.

FAQ

How did PAC’s total passenger traffic change in August 2026 versus 2025?

Total terminal passenger traffic across Pacific Airport Group’s network increased by 0.5% in August 2026 compared with August 2025, reaching 5.45 million passengers, based on preliminary figures for its Mexican and Jamaican airports.

What is the year-to-date passenger trend for PAC through August 2026?

Year-to-date through August 2026, Pacific Airport Group handled 41.71 million passengers versus 43.41 million in 2025, a 3.9% decline in total terminal passenger traffic across its airports.

Which PAC airports showed the strongest passenger growth in August 2026?

In August 2026, Guadalajara recorded a 10.5% increase in total passengers, while La Paz grew 12.9% and Manzanillo rose 12.5% compared with August 2025, according to Pacific Airport Group’s preliminary data.

How did PAC’s key tourist airports perform in August 2026?

Pacific Airport Group’s tourist airports saw declines in August 2026: Puerto Vallarta total passengers fell 10.3% and Los Cabos fell 6.2% compared with August 2025, while year-to-date they were down 12.4% and 5.5%, respectively.

How did PAC’s capacity and load factors change in August 2026?

Seats available across Pacific Airport Group’s network increased by 1.5% in August 2026 versus August 2025, while the overall load factor decreased slightly from 84.0% to 83.2%.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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 September 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 a Passenger Traffic Increase in August 2026 of 0.5% Compared to 2025

GUADALAJARA, Mexico, Sept. 04, 2026 (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 August 2026, compared with August 2025.

During August 2026, the 12 Mexican airports operated by GAP recorded a 2.6% increase in total passenger traffic compared to August 2025. Guadalajara and Tijuana airports reported an increase of 10.5% and 1.2%, respectively, while Puerto Vallarta and Los Cabos airports reported a decrease of 10.3% and 6.2%, respectively, compared to August 2025. With respect to GAP’s airports in Jamaica, Kingston airport recorded an increase of 2.8%, while Montego Bay airport recorded a decrease of 23.0%.

Domestic Terminal Passengers (in thousands):

     
AirportAug-25Aug-26% ChangeJan - Aug 25Jan - Aug 26% Change 
Guadalajara1,100.31,200.49.1%8,304.88,647.74.1% 
Tijuana*785.6774.7(1.4%)5,758.65,528.4(4.0%) 
Los Cabos270.7284.45.1%1,962.21,938.6(1.2%) 
Puerto Vallarta314.0307.7(2.0%)2,119.42,054.9(3.0%) 
Montego Bay0.00.0(100.0%)0.00.0(100.0%) 
Guanajuato191.3202.15.6%1,487.71,459.5(1.9%) 
Hermosillo177.2181.02.1%1,427.01,340.8(6.0%) 
Kingston0.40.0(92.6%)0.70.940.8% 
Morelia71.270.3(1.2%)506.6509.30.5% 
La Paz121.7137.713.2%856.8950.611.0% 
Mexicali114.4101.2(11.5%)834.6736.6(11.7%) 
Aguascalientes55.265.218.3%433.8433.80.0% 
Los Mochis63.163.30.3%469.2468.1(0.2%) 
Manzanillo11.313.519.5%89.088.1(1.0%) 
Total3,276.23,401.53.8%24,250.524,157.4(0.4%) 
        

International Terminal Passengers (in thousands):

     
AirportAug-25Aug-26% ChangeJan - Aug 25Jan - Aug 26% Change 
Guadalajara516.2585.113.3%3,974.44,225.96.3% 
Tijuana*326.8351.27.5%2,772.52,626.1(5.3%) 
Los Cabos292.3243.9(16.6%)3,303.43,037.7(8.0%) 
Puerto Vallarta161.8119.2(26.3%)2,712.52,178.1(19.7%) 
Montego Bay447.4344.6(23.0%)3,561.62,628.8(26.2%) 
Guanajuato88.887.4(1.5%)713.3669.5(6.1%) 
Hermosillo6.36.98.8%53.357.88.5% 
Kingston199.2205.13.0%1,272.51,252.7(1.6%) 
Morelia68.068.00.1%469.9551.917.4% 
La Paz3.03.0(2.3%)23.131.435.9% 
Mexicali0.60.713.4%5.05.24.2% 
Aguascalientes30.728.9(5.8%)219.2222.31.4% 
Los Mochis0.70.927.6%5.56.010.6% 
Manzanillo3.73.4(8.6%)69.959.9(14.2%) 
Total2,145.52,048.4(4.5%)19,156.017,553.4(8.4%) 
        

Total Terminal Passengers (in thousands):

      
AirportAug-25Aug-26% ChangeJan - Aug 25Jan - Aug 26% Change 
Guadalajara1,616.51,785.510.5%12,279.212,873.64.8% 
Tijuana*1,112.41,125.91.2%8,531.18,154.5(4.4%) 
Los Cabos563.0528.3(6.2%)5,265.74,976.4(5.5%) 
Puerto Vallarta475.8426.9(10.3%)4,831.94,233.0(12.4%) 
Montego Bay447.4344.6(23.0%)3,561.62,628.8(26.2%) 
Guanajuato280.1289.53.4%2,200.92,129.0(3.3%) 
Hermosillo183.5187.92.4%1,480.31,398.6(5.5%) 
Kingston199.6205.12.8%1,273.11,253.6(1.5%) 
Morelia139.1138.3(0.6%)976.51,061.28.7% 
La Paz124.7140.712.9%879.9982.111.6% 
Mexicali115.0101.8(11.4%)839.6741.7(11.7%) 
Aguascalientes85.994.29.7%653.1656.20.5% 
Los Mochis63.864.20.6%474.7474.1(0.1%) 
Manzanillo15.016.912.5%158.9148.1(6.8%) 
Total5,421.85,449.90.5%43,406.541,710.8(3.9%) 
        

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

CBX users (in thousands):

       
AirportAug-25Aug-26% ChangeJan - Aug 25Jan - Aug 26% Change 
Tijuana320.1346.58.2%2,721.32,590.2(4.8%) 
        

Highlights for the month:

  • Seats and load factors
    The seats available during August 2026 increased by 1.5%, compared to August 2025. The load factors for the month went from 84.0% in August 2025 to 83.2% in August 2026.

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.

Saúl Villarreal, Chief Financial Officersvillarreal@aeropuertosgap.com.mx
  
Gisela Murillo, Investor Relationsgmurillo@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: September 4, 2026     /s/ SAÚL VILLARREAL GARCÍA    
  Saúl Villarreal García
  Chief Financial Officer
  

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