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Grupo Aeroportuario del Pacífico, S.A.B. de C.V. filings document the formal disclosure record for a Mexican foreign private issuer that operates airport concessions in Mexico and Jamaica. Form 6-K reports cover passenger traffic tables, material events, airline-operational impacts, shareholder meeting resolutions, annual-report notices, capital-structure updates, and completed business combinations.
The company’s Form 20-F and annual-report disclosures include audited consolidated financial statements, operating and financial results, airport concession information, governance reports, Audit and Corporate Practices Committee activity, and whistleblower controls. Filing records also describe ADS and share-structure matters for PAC on the NYSE and GAP on the BMV.
Aena Desarrollo Internacional and its affiliates report a new equity stake in Pacific Airport Group following a merger. They beneficially own 38,994,777 Shares, including 13,730,904 Series B shares and 25,263,873 Series BB shares that can convert into Series B, representing 6.55% of 595,018,195 outstanding Shares as of May 7, 2026.
The stake was received as consideration in the merger of Aeropuertos Mexicanos del Pacifico into the issuer. The Shares are subject to a 365-day lock-up from shareholder approval, with partial releases allowing up to 25% to be sold after 90 days and an additional 25% after 180 days. AENA also holds registration rights, including demand and shelf registration rights and the ability to request underwritten offerings and block trades, subject to limits and a minimum aggregate market value of $100,000,000 per request.
Grupo Aeroportuario del Pacífico (GAP) has completed the business combination of Cross Border Xpress (CBX) and related technical assistance and technology transfer arrangements. The merger agreement was notarized after shareholder approval, and GAP also closed the purchase of the remaining 25% of the CBX business, bringing its ownership to 100%.
As a result of the merger, GAP issued 89,740,731 new shares, bringing its total outstanding share count to 595,018,195 shares, split into 519,226,576 Series B shares and 75,791,619 Series BB shares. GAP assumed control of the merged entities and began consolidating CBX and related businesses into its financial statements starting in May.
Grupo Aeroportuario del Pacífico reported that total terminal passenger traffic across its 12 Mexican and 2 Jamaican airports fell 7.6% in April 2026 versus April 2025, to 5,113.4 thousand passengers. For January–April, total passengers declined 6.0% to 20,483.2 thousand.
Mexican airports saw a 6.3% drop in April, with Puerto Vallarta, Tijuana and Los Cabos down 17.0%, 10.5% and 8.1%, while Guadalajara grew 0.9%. In Jamaica, Montego Bay traffic fell 22.0% and Kingston 6.0%, with Montego Bay affected by Hurricane Melissa.
Available seats decreased 8.3% in April 2026, but the overall load factor improved from 80.8% to 81.5%, indicating fuller planes despite lower capacity and traffic.
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.
Grupo Aeroportuario del Pacífico reports that shareholders approved all key items at the annual meeting. They approved 2025 unconsolidated and consolidated financial statements and management and board reports.
Net income for 2025 of $9,343,142,610.00 pesos was allocated entirely to retained earnings, as the legal reserve already meets the required level. From retained earnings of $20,379,864,675.00 pesos, shareholders approved a cash dividend of $20.80 pesos per share, payable in one or more installments within 12 months after April 22, 2026, to shares outstanding on the payment date, excluding repurchased shares.
They canceled the prior buyback program and authorized a new share repurchase capacity of $2,500,000,000.00 pesos for the 12 months following April 22, 2026. Shareholders also ratified and appointed board members, confirmed Laura Díez Barroso Azcárraga as chairwoman, approved board compensation for 2025 and 2026, and ratified the leadership of the Audit and Corporate Practices and Nominations and Compensation committees.
Grupo Aeroportuario del Pacífico reported higher profitability for 1Q26 despite softer traffic. Total revenues rose to Ps.11,369.6 million, up 2.8% year over year, as aeronautical and non-aeronautical revenues together increased 4.5%.
EBITDA grew 6.4% to Ps.5,988.8 million, with the EBITDA margin (excluding IFRIC-12) improving from 67.1% to 68.3%. Net income increased 15.9% to Ps.3,312.0 million, while comprehensive income climbed 19.6% to Ps.3,365.8 million, supported by better financial results and currency effects.
Total passengers across the 14 airports fell 5.5%, pressured by a 31.5% decline at Montego Bay due to Hurricane Melissa and security-related disruptions in Jalisco. The company issued bond certificates totaling Ps.10,718.0 million and ended the quarter with Ps.23,185.1 million in cash and cash equivalents.
Grupo Aeroportuario del Pacífico filed its 2025 annual report for the year ended December 31, 2025 with Mexican regulators, local exchanges and submitted its Form 20-F to the U.S. Securities and Exchange Commission. These documents are available on the BMV, BIVA, SEC and the company’s investor relations website.
Shareholders can request free hard copies of the reports, including audited consolidated financial statements, through the investor relations team. The company also highlights its whistleblower program, which allows anonymous and confidential reporting of suspected criminal conduct or violations.
Grupo Aeroportuario del Pacífico reports solid 2025 growth in its Form 20-F. Total revenues reached Ps.41,408,540 thousand, driven by aeronautical services of Ps.22,821,817 thousand and non-aeronautical services of Ps.9,704,090 thousand, plus IFRIC 12 construction revenue.
Income from operations was Ps.17,580,115 thousand and net profit reached Ps.10,000,609 thousand, equal to basic and diluted EPS of Ps.18.9305 per share and Ps.189.3053 per ADS. Operating cash flow was Ps.18,249,740 thousand, supporting 2025 dividends of Ps.16.8400 per share.
Total assets rose to Ps.88,140,275 thousand, with total liabilities of Ps.63,304,344 thousand and consolidated bank loans and debt securities of approximately Ps.53.0 billion. The group handled 63,686 thousand terminal passengers in 2025, while disclosing extensive risk factors around regulation, fuel prices, tariffs, leverage and a pending business combination involving CBX and internalization of technical assistance services.
Grupo Aeroportuario del Pacífico reports that total terminal passenger traffic for March 2026 fell 8.9% year over year to 5.237 million passengers. The 12 Mexican airports saw a 7.6% decline, with Puerto Vallarta, Tijuana, Los Cabos and Guadalajara down 24.4%, 8.7%, 6.9% and 2.3%, respectively.
In Jamaica, Kingston traffic rose 1.0%, while Montego Bay dropped 25.7%, impacted by disruptions from Hurricane Melissa. For the first quarter of 2026, total passengers across all airports decreased 5.5% to 15.367 million. Available seats declined 4.5% and the system-wide load factor fell from 81.5% to 75.5%.
Grupo Aeroportuario del Pacífico completed a long-term bond issuance in the Mexican market totaling Ps. 10,718.0 million, split into two tranches and reportedly 1.74 times oversubscribed. This adds significant peso-denominated debt funding to support its growth plans.
The first tranche, “GAP 26”, issued 27.67 million securities for Ps. 2,767.0 million, maturing in March 2029 with interest every 28 days at a variable rate of the TIIE funding rate plus 45 basis points. The second tranche, “GAP 26-2”, issued 79.51 million securities for Ps. 7,951.0 million, maturing in March 2036 with a fixed rate of 9.87% and semiannual interest.
Both tranches received top national-scale credit ratings of “Aaa.mx” from Moody’s and “mxAAA” from S&P. The company plans to use the proceeds primarily to finance the acquisition of a 25% stake in Cross Border Xpress (CBX) and to fund capital expenditures under its 2025–2029 Master Development Program.