Grupo Aeroportuario del Pacífico (NYSE: PAC) posts 4.1% drop in May 2026 passenger traffic

Rhea-AI Filing Summary

Grupo Aeroportuario del Pacífico reports that total terminal passenger traffic across its airports fell 4.1% in May 2026 compared with May 2025, to 4,955.2 thousand passengers. The 12 Mexican airports together saw a 2.8% decline, with mixed performance by location.

Guadalajara posted 7.1% growth in total passengers, while Puerto Vallarta, Tijuana and Los Cabos declined 14.4%, 9.8% and 6.0%, respectively. In Jamaica, Montego Bay traffic dropped 19.1% and Kingston decreased 5.2%. For January–May, total passengers were 25,438.4 thousand, down 5.7% year over year.

The number of seats offered in May 2026 decreased 7.5% versus a year earlier, but load factors improved from 81.1% to 84.1%, indicating fuller planes despite lower capacity. Tijuana’s CBX cross-border facility handled 293.5 thousand users in May, down 11.0% year over year.

Key Figures

Total May passengers: 4,955.2 thousand Mexican airports May change: 2.8% decrease Montego Bay May change: 19.1% decrease +5 more

8 metrics

Total May passengers 4,955.2 thousand Total terminal passengers in May 2026, down 4.1% vs May 2025 (5,168.5 thousand)

Mexican airports May change 2.8% decrease Total passenger traffic at 12 Mexican airports in May 2026 vs May 2025

Montego Bay May change 19.1% decrease Total terminal passengers at Montego Bay in May 2026 vs May 2025

Year-to-date passengers 25,438.4 thousand Total terminal passengers Jan–May 2026 vs 26,968.8 thousand in Jan–May 2025

Seats available change 7.5% decrease Seats available in May 2026 compared to May 2025

Load factor May 2026 84.1% Load factor in May 2026 vs 81.1% in May 2025

Guadalajara May change 7.1% increase Total terminal passengers at Guadalajara in May 2026 vs May 2025

CBX users May 2026 293.5 thousand Tijuana CBX users in May 2026, down 11.0% vs May 2025 (329.8 thousand)

Key Terms

terminal passenger traffic, load factors, Form 6-K, whistleblower program, +1 more

5 terms

terminal passenger traffic financial

"announces preliminary terminal passenger traffic figures for May 2026, compared with May 2025"

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 81.1% in May 2025 to 84.1% in May 2026"

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.

Form 6-K regulatory

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

A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.

whistleblower program regulatory

"GAP has implemented a “whistleblower” program, which allows complainants to anonymously and confidentially report suspected activities"

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 and Article 42"

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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 June 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 May 2026 of 4.1% Compared to 2025

GUADALAJARA, Mexico, June 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 May 2026, compared with May 2025.

During May 2026, the 12 Mexican airports operated by GAP recorded a 2.8% decrease in total passenger traffic compared to May 2025. Guadalajara airport reported an increase of 7.1%, while Puerto Vallarta, Tijuana and Los Cabos reported a decrease of 14.4%, 9.8%, and 6.0%, respectively, compared to May 2025. With respect to GAP’s airports in Jamaica, Montego Bay recorded a decrease of 19.1%, while Montego Bay recorded a decrease of 5.2%.

Domestic Terminal Passengers (in thousands):
Airport	May-25	May-26	% Change	Jan - May 25	Jan - May 26	% Change
Guadalajara	1,023.4	1,085.9	6.1%	5,112.0	5,187.7	1.5%
Tijuana*	730.5	664.5	(9.0%)	3,536.6	3,304.7	(6.6%)
Los Cabos	245.0	247.0	0.8%	1,168.5	1,116.2	(4.5%)
Puerto Vallarta	278.2	266.7	(4.1%)	1,210.2	1,166.5	(3.6%)
Montego Bay	0.0	0.0	N/A	0.0	0.0	N/A
Guanajuato	194.1	181.3	(6.6%)	903.7	871.3	(3.6%)
Hermosillo	184.5	179.1	(2.9%)	877.6	825.7	(5.9%)
Kingston	0.0	0.1	140.0%	0.1	0.8	489.7%
Morelia	59.4	55.6	(6.3%)	305.6	306.9	0.4%
La Paz	107.0	122.0	14.0%	499.4	559.1	11.9%
Mexicali	103.6	86.9	(16.1%)	501.8	437.1	(12.9%)
Aguascalientes	60.7	53.6	(11.6%)	265.8	247.7	(6.8%)
Los Mochis	58.1	61.5	5.8%	289.6	285.5	(1.4%)
Manzanillo	10.3	10.0	(2.4%)	55.8	52.8	(5.3%)
Total	3,054.6	3,014.2	(1.3%)	14,726.7	14,361.9	(2.5%)

International Terminal Passengers (in thousands):
Airport	May-25	May-26	% Change	Jan - May 25	Jan - May 26	% Change
Guadalajara	457.5	499.9	9.3%	2,417.4	2,459.2	1.7%
Tijuana*	336.6	297.9	(11.5%)	1,702.5	1,508.3	(11.4%)
Los Cabos	367.3	328.8	(10.5%)	2,193.2	2,101.6	(4.2%)
Puerto Vallarta	236.1	173.5	(26.5%)	2,084.3	1,740.0	(16.5%)
Montego Bay	395.4	320.1	(19.1%)	2,164.8	1,573.0	(27.3%)
Guanajuato	80.3	71.9	(10.4%)	427.7	402.0	(6.0%)
Hermosillo	6.7	7.7	14.7%	33.7	36.6	8.5%
Kingston	146.3	138.7	(5.2%)	729.3	699.2	(4.1%)
Morelia	49.7	62.6	25.9%	279.9	343.3	22.7%
La Paz	3.1	4.7	51.9%	14.8	21.9	48.2%
Mexicali	0.5	0.7	29.5%	2.9	3.0	5.7%
Aguascalientes	28.7	29.0	0.9%	129.8	135.7	4.6%
Los Mochis	0.7	0.7	6.4%	3.2	3.3	1.9%
Manzanillo	5.1	4.7	(6.3%)	58.7	49.3	(16.1%)
Total	2,113.9	1,940.9	(8.2%)	12,242.2	11,076.4	(9.5%)

Total Terminal Passengers (in thousands):
Airport	May-25	May-26	% Change	Jan - May 25	Jan - May 26	% Change
Guadalajara	1,480.8	1,585.8	7.1%	7,529.4	7,646.9	1.6%
Tijuana*	1,067.1	962.4	(9.8%)	5,239.2	4,813.0	(8.1%)
Los Cabos	612.3	575.8	(6.0%)	3,361.7	3,217.8	(4.3%)
Puerto Vallarta	514.3	440.2	(14.4%)	3,294.5	2,906.5	(11.8%)
Montego Bay	395.4	320.1	(19.1%)	2,164.8	1,573.0	(27.3%)
Guanajuato	274.4	253.3	(7.7%)	1,331.4	1,273.3	(4.4%)
Hermosillo	191.2	186.8	(2.3%)	911.3	862.3	(5.4%)
Kingston	146.4	138.8	(5.2%)	729.5	700.0	(4.0%)
Morelia	109.0	118.2	8.4%	585.5	650.2	11.0%
La Paz	110.1	126.8	15.1%	514.2	581.0	13.0%
Mexicali	104.1	87.6	(15.9%)	504.6	440.2	(12.8%)
Aguascalientes	89.3	82.6	(7.6%)	395.6	383.4	(3.1%)
Los Mochis	58.7	62.1	5.9%	292.8	288.8	(1.4%)
Manzanillo	15.4	14.8	(3.7%)	114.5	102.1	(10.9%)
Total	5,168.5	4,955.2	(4.1%)	26,968.8	25,438.4	(5.7%)

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

CBX users (in thousands):
Airport	May-25	May-26	% Change	Jan - May 25	Jan - May 26	% Change
Tijuana	329.8	293.5	(11.0%)	1,673.0	1,489.2	(11.0%)

Highlights for the month:

• Seats and load factors
  The seats available during May 2026 decreased by 7.5%, compared to May 2025. The load factors for the month went from 81.1% in May 2025 to 84.1% in May 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

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

FAQ

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

Grupo Aeroportuario del Pacífico’s total terminal passenger traffic declined 4.1% in May 2026 versus May 2025, reaching 4,955.2 thousand passengers. This reflects lower volumes across several key airports, partly offset by gains at Guadalajara and some smaller locations.

What were the May 2026 traffic trends at PAC’s main Mexican airports?

In Mexico, total passenger traffic fell 2.8% in May 2026 versus May 2025. Guadalajara grew 7.1%, while Puerto Vallarta, Tijuana and Los Cabos declined 14.4%, 9.8% and 6.0%, highlighting weaker tourist and cross-border flows in several major markets.

How did PAC’s Jamaican airports perform in May 2026?

In Jamaica, Montego Bay’s total passenger traffic declined 19.1% in May 2026 compared with May 2025, and Kingston’s traffic decreased 5.2%. For January–May, Montego Bay’s passengers fell 27.3%, indicating a pronounced downturn at this international tourist gateway.

What changes did Grupo Aeroportuario del Pacífico (PAC) see in capacity and load factors?

Seats available in May 2026 decreased 7.5% compared with May 2025, while load factors improved from 81.1% to 84.1%. This indicates airlines reduced capacity across GAP’s network but filled a higher percentage of available seats during the month.

How did PAC’s Tijuana CBX cross-border facility perform in May 2026?

Tijuana’s CBX users totaled 293.5 thousand in May 2026, an 11.0% decline versus May 2025. For January–May, CBX usage reached 1,489.2 thousand, also down 11.0%, reflecting softer cross-border passenger demand through this dedicated facility.

What is PAC’s year-to-date passenger traffic through May 2026?

From January to May 2026, total terminal passengers across Grupo Aeroportuario del Pacífico’s network were 25,438.4 thousand, down 5.7% from 26,968.8 thousand a year earlier. This shows a sustained year-to-date decline in overall traffic volumes.