January traffic drops 2.2% at GAP (NYSE: PAC) as Jamaica weakens

Rhea-AI Filing Summary

Grupo Aeroportuario del Pacífico reports that total terminal passenger traffic in January 2026 fell 2.2% versus January 2025, to 5,521.7 thousand passengers. The 12 Mexican airports together posted a 1.2% increase, helped by growth in Guadalajara and Puerto Vallarta, while Tijuana and Los Cabos declined.

In Jamaica, Montego Bay traffic dropped 37.7% and Kingston 6.9%, with management attributing these decreases to disruptions from Hurricane Melissa. Available seats rose 3.0% year over year, but the load factor slipped from 83.9% to 79.7%, indicating softer demand relative to capacity.

Insights

Airports and infrastructure analyst

January traffic dipped 2.2%, mainly from Jamaica’s hurricane hit.

Grupo Aeroportuario del Pacífico saw total January 2026 passenger traffic decline to 5,521.7 thousand, down 2.2% year over year. Mexican airports collectively grew 1.2%, led by Guadalajara up 3.6% and Puerto Vallarta up 2.6%, partially offsetting weaker Tijuana and Los Cabos volumes.

Jamaican airports were the clear drag: Montego Bay traffic fell 37.7% and Kingston 6.9%, explicitly linked to Hurricane Melissa disruptions. At the same time, seats increased 3.0% while load factors fell from 83.9% to 79.7%, showing capacity grew faster than demand.

Future disclosures for subsequent months will clarify whether Jamaican traffic recovers as hurricane effects pass and whether load factors stabilize as airlines adjust capacity at key airports such as Guadalajara, Tijuana, and Montego Bay.

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 February 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 Decrease in January 2026 of 2.2% Compared to 2025

GUADALAJARA, Mexico, Feb. 05, 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 January 2026, compared with January 2025.

During January 2026, the 12 Mexican airports operated by GAP recorded a 1.2% increase in total passenger traffic compared to January 2025. The Guadalajara and Puerto Vallarta airports reported growth of 3.6% and 2.6%, respectively. In contrast, Tijuana and Los Cabos airports reported a decrease of 4.2% and 0.3%, respectively.

With respect to GAP’s airports in Jamaica, Montego Bay and Kingston recorded decreases of 37.7% and 6.9%, respectively, as a result of disruptions caused by Hurricane Melissa.

Domestic Terminal Passengers (in thousands):

Airport	Jan-25	Jan-26	% Change
Guadalajara	1,006.2	1,066.3	6.0%
Tijuana*	702.1	698.4	(0.5%)
Los Cabos	232.2	219.1	(5.6%)
Puerto Vallarta	229.5	242.5	5.7%
Montego Bay	0.0	0.0	N/A
Guanajuato	176.8	180.9	2.3%
Hermosillo	169.3	160.3	(5.3%)
Kingston	0.0	0.5	1725.0%
Morelia	65.2	73.1	12.1%
La Paz	96.6	105.7	9.4%
Mexicali	100.2	99.1	(1.1%)
Aguascalientes	51.9	49.2	(5.2%)
Los Mochis	57.0	58.7	3.0%
Manzanillo	12.0	11.3	(5.4%)
Total	2,899.1	2,965.3	2.3%

International Terminal Passengers (in thousands):

Airport	Jan-25	Jan-26	% Change
Guadalajara	600.8	598.1	(0.5%)
Tijuana*	380.0	338.7	(10.9%)
Los Cabos	426.7	437.9	2.6%
Puerto Vallarta	483.8	489.2	1.1%
Montego Bay	456.2	284.2	(37.7%)
Guanajuato	107.4	109.6	2.0%
Hermosillo	8.5	8.7	2.2%
Kingston	167.0	155.0	(7.2%)
Morelia	67.8	85.2	25.6%
La Paz	2.7	4.3	57.0%
Mexicali	0.5	0.6	22.7%
Aguascalientes	29.1	30.3	4.0%
Los Mochis	0.8	0.7	(7.3%)
Manzanillo	15.6	13.9	(11.1%)
Total	2,747.0	2,556.4	(6.9%)

Total Terminal Passengers (in thousands):

Airport	Jan-25	Jan-26	% Change
Guadalajara	1,607.1	1,664.3	3.6%
Tijuana*	1,082.1	1,037.1	(4.2%)
Los Cabos	658.9	657.0	(0.3%)
Puerto Vallarta	713.3	731.7	2.6%
Montego Bay	456.2	284.2	(37.7%)
Guanajuato	284.3	290.5	2.2%
Hermosillo	177.8	169.0	(4.9%)
Kingston	167.0	155.5	(6.9%)
Morelia	133.1	158.4	19.0%
La Paz	99.4	110.0	10.7%
Mexicali	100.7	99.7	(1.0%)
Aguascalientes	81.0	79.5	(1.9%)
Los Mochis	57.8	59.4	2.9%
Manzanillo	27.6	25.2	(8.6%)
Total	5,646.1	5,521.7	(2.2%)

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

CBX users (in thousands):

Airport	Jan-25	Jan-26	% Change
Tijuana	373.2	334.1	(10.5%)

Highlights for the month:

• Seats and load factors
  The seats available during January 2026 increased by 3.0%, compared to January 2025. The load factors for the month went from 83.9% in January 2025 to 79.7% in January 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.

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: February 5, 2026		/s/ SAÚL VILLARREAL GARCÍA
		Saúl Villarreal García
		Chief Financial Officer

FAQ

How did Grupo Aeroportuario del Pacífico (PAC) passenger traffic change in January 2026?

Total terminal passenger traffic at Grupo Aeroportuario del Pacífico declined 2.2% in January 2026 to 5,521.7 thousand passengers. Mexican airports grew 1.2%, but sharp declines at Jamaican airports, especially Montego Bay, pulled overall traffic lower versus January 2025.

How did GAP’s Mexican airports perform in January 2026 compared to 2025?

The 12 Mexican airports operated by GAP recorded a 1.2% increase in total passenger traffic in January 2026 versus January 2025. Guadalajara grew 3.6% and Puerto Vallarta 2.6%, while Tijuana and Los Cabos saw declines of 4.2% and 0.3%, respectively.

What was the impact of Hurricane Melissa on GAP’s Jamaican airports?

Hurricane Melissa significantly disrupted traffic at GAP’s Jamaican airports. Montego Bay’s total terminal passengers dropped 37.7% in January 2026, while Kingston declined 6.9%. Management directly attributes these year-over-year reductions to hurricane-related operational disruptions in Jamaica.

How did load factors and capacity evolve for GAP in January 2026?

For January 2026, GAP’s available seats increased 3.0% compared to January 2025. However, the load factor decreased from 83.9% to 79.7%, indicating that passenger demand did not keep pace with the additional capacity offered across its airport network.

Which Grupo Aeroportuario del Pacífico (PAC) airports showed the strongest growth in January 2026?

In January 2026, Morelia and La Paz stood out, with total terminal passengers rising 19.0% and 10.7%, respectively. Guadalajara also performed well with a 3.6% increase, reflecting solid growth in both domestic and international traffic compared to January 2025.

How did cross-border CBX traffic at Tijuana evolve for GAP in January 2026?

For January 2026, Tijuana CBX users totaled 334.1 thousand, a 10.5% decrease from 373.2 thousand a year earlier. These CBX passengers are classified as international, contributing to Tijuana’s 10.9% decline in international terminal traffic year over year.