Grupo Aeroportuario del Pacífico (NYSE: PAC) sees Mexico growth, Jamaica hit by hurricane

Rhea-AI Filing Summary

Grupo Aeroportuario del Pacífico reports that total terminal passengers in December 2025 reached 5,874.0 thousand, a 0.1% increase versus December 2024. The 12 Mexican airports together grew passenger traffic by 4.2%, led by Guadalajara up 9.2% and Puerto Vallarta up 4.0%, while Tijuana and Los Cabos declined 2.7% and 1.2%, respectively.

In Jamaica, Montego Bay and Kingston saw sharp drops of 43.8% and 2.9%, attributed to disruptions from Hurricane Melissa. Seats available in December rose 10.6%, but the load factor fell from 85.5% to 77.4%, indicating more capacity than filled seats. The company also added new international routes from Guadalajara, Puerto Vallarta, Los Cabos, and Montego Bay with several airlines.

Insights

Aviation and infrastructure analyst

Overall traffic was flat as Mexico growth offset Jamaica hurricane losses.

Grupo Aeroportuario del Pacífico reported December 2025 total terminal passengers of 5,874.0 thousand, only a 0.1% rise versus December 2024. Mexican airports collectively grew traffic by 4.2%, with Guadalajara up 9.2% and Puerto Vallarta up 4.0%, while Tijuana and Los Cabos slipped modestly. This suggests underlying demand in Mexico remained resilient.

Jamaican operations were notably weaker: Montego Bay traffic fell 43.8% and Kingston 2.9%, explicitly linked to Hurricane Melissa disruptions. That weather shock also helps explain why seats increased 10.6% while the overall load factor dropped from 85.5% to 77.4%, indicating lower aircraft occupancy despite higher capacity.

The addition of new international routes from Guadalajara, Puerto Vallarta, Los Cabos, and Montego Bay with airlines such as WestJet, Aeromexico, Copa Airlines, Delta, Frontier, and others broadens connectivity. Subsequent disclosures may show whether these routes help rebalance traffic after the hurricane impact, particularly at the Jamaican airports.

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FAQ

How did Grupo Aeroportuario del Pacífico (PAC) perform in December 2025 passenger traffic?

In December 2025, total terminal passengers at Grupo Aeroportuario del Pacífico airports were 5,874.0 thousand, a 0.1% increase compared with December 2024.

How did GAPs Mexican airports compare with its Jamaican airports in December 2025?

The 12 Mexican airports operated by GAP recorded a 4.2% increase in total passenger traffic versus December 2024. In contrast, Jamaican airports Montego Bay and Kingston saw traffic decreases of 43.8% and 2.9%, respectively.

What impact did Hurricane Melissa have on GAPs Jamaican airports?

GAP states that Montego Bay and Kingston recorded decreases of 43.8% and 2.9% in December 2025 passenger traffic, specifically as a result of disruptions caused by Hurricane Melissa.

What happened to load factors and capacity for GAP in December 2025?

Seats available in December 2025 increased by 10.6% compared to December 2024, while the load factor declined from 85.5% to 77.4%, indicating lower aircraft occupancy.

Which GAP airports showed the strongest December 2025 passenger growth?

In December 2025, Guadalajara total terminal passengers rose 9.2% year over year, while Morelia and Mexicali posted strong domestic growth of 21.6% and 21.4%, respectively.

What new routes did Grupo Aeroportuario del Pacífico add in late 2025?

New routes include GuadalajaraCalgary (WestJet), GuadalajaraMontreal (Air Transat), GuadalajaraSeattle (Aeromexico), several new Puerto Vallarta and Los Cabos routes with Porter, Frontier, Delta, Copa Airlines, and new Montego Bay routes with WestJet, Flair, and Wingo.

What business does Grupo Aeroportuario del Pacífico (PAC) operate?

Grupo Aeroportuario del Pacífico operates 12 airports in Mexicos Pacific region, including Guadalajara, Tijuana, Puerto Vallarta, Los Cabos, La Paz, Manzanillo, and six mid-sized cities, and also operates airports in Montego Bay and Kingston, Jamaica.

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 January 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 December 2025 of 0.1% Compared to 2024

GUADALAJARA, Mexico, Jan. 06, 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 December 2025, compared with December 2024.

During December 2025, the 12 Mexican airports operated by GAP recorded a 4.2% increase in total passenger traffic compared to December 2024. The Guadalajara and Puerto Vallarta airports reported growth of 9.2% and 4.0%, respectively. In contrast, Tijuana and Los Cabos airports reported a decrease of 2.7% and 1.2%, respectively.

With respect to GAP’s airports in Jamaica, Montego Bay and Kingston recorded decreases of 43.8% and 2.9%, respectively, as a result of disruptions caused by Hurricane Melissa.

Domestic Terminal Passengers (in thousands):
Airport	Dec-24	Dec-25	% Change		Jan - Dec 24	Jan - Dec 25	% Change
Guadalajara	1,083.7	1,214.3	12.0	%	11,939.5	12,727.9	6.6	%
Tijuana*	714.6	716.6	0.3	%	8,431.6	8,556.0	1.5	%
Los Cabos	251.4	238.1	(5.3	%)	2,830.4	2,841.6	0.4	%
Puerto Vallarta	248.5	268.0	7.9	%	2,841.9	3,123.4	9.9	%
Montego Bay	0.1	0.0	(100.0	%)	0.1	0.0	(61.3	%)
Guanajuato	190.7	194.9	2.2	%	2,116.6	2,241.5	5.9	%
Hermosillo	190.7	179.6	(5.8	%)	2,074.3	2,121.2	2.3	%
Kingston	0.4	0.1	(87.7	%)	2.9	1.2	(57.7	%)
Morelia	65.4	76.6	17.1	%	645.9	777.3	20.4	%
La Paz	108.6	120.0	10.5	%	1,191.9	1,300.0	9.1	%
Mexicali	104.0	126.2	21.4	%	1,026.9	1,264.5	23.1	%
Aguascalientes	56.6	52.2	(7.9	%)	636.1	649.6	2.1	%
Los Mochis	57.8	65.2	12.8	%	577.4	705.7	22.2	%
Manzanillo	12.2	12.8	5.4	%	128.3	134.7	5.0	%
Total	3,084.7	3,264.5	5.8	%	34,443.8	36,444.7	5.8	%
International Terminal Passengers (in thousands):
Airport	Dec-24	Dec-25	% Change		Jan - Dec 24	Jan - Dec 25	% Change
Guadalajara	606.9	632.6	4.2	%	5,909.1	5,968.7	1.0	%
Tijuana*	422.3	389.4	(7.8	%)	4,114.1	4,094.0	(0.5	%)
Los Cabos	443.0	447.6	1.0	%	4,657.7	4,688.3	0.7	%
Puerto Vallarta	437.0	444.9	1.8	%	3,961.6	3,824.3	(3.5	%)
Montego Bay	467.4	262.6	(43.8	%)	5,057.0	4,469.0	(11.6	%)
Guanajuato	109.5	117.5	7.4	%	1,052.4	1,059.9	0.7	%
Hermosillo	6.9	8.7	27.3	%	82.5	81.9	(0.8	%)
Kingston	177.1	172.2	(2.7	%)	1,774.3	1,840.0	3.7	%
Morelia	66.6	84.0	26.1	%	658.8	730.7	10.9	%
La Paz	2.2	4.5	102.3	%	14.1	37.6	166.5	%
Mexicali	0.6	0.8	21.6	%	7.3	7.6	4.6	%
Aguascalientes	29.9	32.2	7.6	%	325.7	334.5	2.7	%
Los Mochis	0.6	0.5	(11.3	%)	7.8	7.9	0.0	%
Manzanillo	12.3	12.0	(2.7	%)	90.1	96.5	7.1	%
Total	2,782.3	2,609.6	(6.2	%)	27,712.5	27,241.0	(1.7	%)
Total Terminal Passengers (in thousands):
Airport	Dec-24	Dec-25	% Change		Jan - Dec 24	Jan - Dec 25	% Change
Guadalajara	1,690.6	1,846.9	9.2	%	17,848.7	18,696.6	4.8	%
Tijuana*	1,136.9	1,106.0	(2.7	%)	12,545.8	12,650.0	0.8	%
Los Cabos	694.4	685.7	(1.2	%)	7,488.1	7,529.9	0.6	%
Puerto Vallarta	685.5	712.9	4.0	%	6,803.5	6,947.7	2.1	%
Montego Bay	467.5	262.6	(43.8	%)	5,057.1	4,469.1	(11.6	%)
Guanajuato	300.1	312.4	4.1	%	3,169.0	3,301.5	4.2	%
Hermosillo	197.6	188.3	(4.7	%)	2,156.7	2,203.1	2.1	%
Kingston	177.5	172.3	(2.9	%)	1,777.2	1,841.2	3.6	%
Morelia	132.0	160.6	21.6	%	1,304.6	1,508.1	15.6	%
La Paz	110.8	124.5	12.4	%	1,206.0	1,337.6	10.9	%
Mexicali	104.6	127.0	21.4	%	1,034.1	1,272.1	23.0	%
Aguascalientes	86.5	84.3	(2.5	%)	961.8	984.1	2.3	%
Los Mochis	58.4	65.7	12.6	%	585.2	713.6	21.9	%
Manzanillo	24.5	24.8	1.3	%	218.4	231.2	5.9	%
Total	5,867.0	5,874.0	0.1	%	62,156.3	63,685.7	2.5	%
CBX users (in thousands):
Airport	Dec-24	Dec-25	% Change		Jan - Dec 24	Jan - Dec 25	% Change
Tijuana	414.3	383.1	(7.5	%)	4,048.6	4,018.1	(0.8	%)

Highlights for the month:

• Seats and load factors
  The seats available during December 2025 increased by 10.6%, compared to December 2024. The load factors for the month went from 85.5% in December 2024 to 77.4% in December 2025.

• New routes
  • Guadalajara – Calgary: WestJet
  • Guadalajara – Montreal: Air Transat
  • Guadalajara – Seattle: Aeromexico
  • Puerto Vallarta – Ottawa: Porter
  • Puerto Vallarta – Hamilton: Porter
  • Puerto Vallarta – Atlanta: Frontier
  • Los Cabos – Panama City: Copa Airlines
  • Los Cabos – Austin: Delta
  • Los Cabos – Atlanta: Frontier
  • Los Cabos – Las Vegas: Frontier
  • Montego Bay – Quebec: WestJet
  • Montego Bay – Toronto: Flair
  • Montego Bay – Bogota: Wingo
    

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

Gisela Murillo, Investor Relations asoto@aeropuertosgap.com.mx

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: January 6, 2026		/s/ SAÚL VILLARREAL GARCÍA
		Saúl Villarreal García
		Chief Financial Officer