Summary of Key Points Core Viewpoint - Grupo Aeroportuario del Pacífico (GAP) has completed the ordinary review process for maximum passenger tariffs and committed investments for the Capital Development Program at Montego Bay for the period 2026-2030 [1]. Group 1: Tariffs and Investments - The maximum passenger charges for Montego Bay airport are set to increase from $17.38 in 2026 to $19.07 in 2030, reflecting a gradual annual increase [1]. - The total committed investments for Montego Bay airport under the Capital Development Program amount to $118.1 million, with specific allocations of $38.4 million in 2026, $39.4 million in 2027, $18.4 million in 2028, $11.6 million in 2029, and $10.3 million in 2030 [1]. Group 2: Company Overview - Grupo Aeroportuario del Pacífico operates 12 airports in Mexico's Pacific region, including major cities like Guadalajara and Tijuana, as well as tourist destinations such as Puerto Vallarta and Los Cabos [2]. - GAP was listed on the New York Stock Exchange in February 2006 and acquired a majority stake in MBJ Airports Limited, which operates Sangster International Airport in Montego Bay, Jamaica, in April 2015 [2]. - The company entered into a concession agreement for the Norman Manley International Airport in Kingston, Jamaica, in October 2018 and took control of operations in October 2019 [2].

Core Points - Grupo Aeroportuario del Pacífico (GAP) has completed the ordinary review process for maximum tariffs per passenger and committed investments for Kingston Airport for the 2026-2030 period [1] - The maximum passenger charges for Kingston Airport will increase from $38.18 in 2026 to $60.10 in 2030 [1] - The total committed investments under the Capital Development Program for Kingston Airport amount to $85.2 million, with scheduled investments of $45.8 million in 2026, $23.4 million in 2028, and smaller amounts in other years [1] Company Overview - Grupo Aeroportuario del Pacífico operates 12 airports in Mexico's Pacific region, including major cities like Guadalajara and Tijuana, and tourist destinations such as Puerto Vallarta and Los Cabos [2] - The company was listed on the New York Stock Exchange in February 2006 and on the Mexican Stock Exchange [2] - GAP acquired a majority stake in MBJ Airports Limited in April 2015 and entered into a concession agreement for Norman Manley International Airport in Kingston, Jamaica, in October 2018 [2]

GUADALAJARA, Mexico, June 05, 2025 (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 2025, compared with May 2024. For May 2025, the total number of terminal passengers at GAP’s 12 Mexican airports increased by 2.9%, compared to May 2024. Tijuana, Los Cabos, Puerto Vallarta, and Guadalajara airports presented an increase in passenger traffic of 3.4%, 1.1%, 0.9%, and 0.3% respec ...

Grupo Aeroportuario del Pacifico (PAC) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked b ...

Group 1 - The article highlights a positive outlook for Grupo Aeroportuario del Pacifico (PAC), anticipating strong performance in 2025 [1] - The author, Ian Bezek, has extensive experience in Latin American markets, particularly in Mexico, Colombia, and Chile, focusing on high-quality growth stocks [2] - The article emphasizes the author's long position in PAC shares, indicating a personal investment interest [3]

Group 1 - The company Grupo Aeroportuario del Pacífico (GAP) has drawn down a credit facility of Ps. 3,375 million from Banamex with a five-year term, to be repaid by May 30, 2030 [1] - The interest on the credit facility will be paid monthly at a variable rate of TIIE-28 plus 54 basis points, with no fees [1] - The proceeds from this credit will be utilized to repay existing loans of Ps. 2,500 million from Banamex and Ps. 875 million from BBVA [1] Group 2 - GAP operates 12 airports in Mexico's Pacific region, including major cities like Guadalajara and Tijuana, and tourist destinations such as Puerto Vallarta and Los Cabos [2] - The company was listed on the New York Stock Exchange in February 2006 and on the Mexican Stock Exchange in the same year [2] - GAP acquired a majority stake in MBJ Airports Limited in April 2015, which operates Sangster International Airport in Jamaica, and entered into a concession agreement for Norman Manley International Airport in October 2018 [2]

Core Viewpoint - Grupo Aeroportuario del Pacífico (GAP) announced a total dividend payment of Ps. 16.84 per outstanding share, to be paid in two installments following the resolution from the Annual General Ordinary Shareholders' Meeting held on April 24, 2025 [1][2]. Company Overview - Grupo Aeroportuario del Pacífico operates 12 airports in Mexico's Pacific region, including major cities like Guadalajara and Tijuana, and tourist destinations such as Puerto Vallarta and Los Cabos [3]. - GAP's shares are listed on both the New York Stock Exchange (ticker symbol "PAC") and the Mexican Stock Exchange (ticker symbol "GAP") [3]. - The company has expanded its operations internationally, acquiring a majority stake in MBJ Airports Limited, which operates Sangster International Airport in Jamaica, and entering into a concession agreement for the Norman Manley International Airport in Kingston, Jamaica [3].

Core Insights - Grupo Aeroportuario del Pacífico (GAP) reported a 9.9% increase in total terminal passenger traffic for April 2025 compared to April 2024, with significant growth at major airports [2][3] - The total number of terminal passengers across GAP's 12 airports reached approximately 3.13 million in April 2025, up from 2.79 million in April 2024 [3][7] - Domestic passenger traffic increased by 5.2% year-over-year, while international passenger traffic saw a 0.6% increase during the same period [5][6] Passenger Traffic Breakdown - Tijuana, Guadalajara, Los Cabos, and Puerto Vallarta airports experienced passenger traffic increases of 10.0%, 9.0%, 8.7%, and 5.7% respectively [2][3] - Montego Bay airport saw a decrease in passenger traffic of 1.3% compared to April 2024 [2][3] - The total number of domestic terminal passengers was approximately 2.40 million in April 2025, compared to 2.28 million in April 2024 [5][6] Year-to-Date Performance - For the January to April 2025 period, total terminal passengers increased by 10.0% year-over-year, reaching approximately 11.67 million [3][7] - Notable year-to-date growth was observed at Puerto Vallarta (15.4%), Los Cabos (8.2%), and Guanajuato (9.7%) [3][7] - The total number of international terminal passengers for the same period was approximately 10.13 million, reflecting a slight increase from 10.07 million in 2024 [5][6] Operational Metrics - The number of available seats in April 2025 increased by 11.0% compared to April 2024, while the load factor decreased from 81.8% to 80.4% [9] - The company operates 12 airports in Mexico's Pacific region, including major cities and tourist destinations [10]

Group 1 - The company Grupo Aeroportuario del Pacífico (GAP) made a payment of Ps. 2,500.0 million for the maturity of the debt securities "GAP 21" on May 2, 2025, which corresponds to 25 million long-term debt securities with a face value of Ps. 100.0 each [1] - GAP operates 12 airports in Mexico's Pacific region, including major cities like Guadalajara and Tijuana, and tourist destinations such as Puerto Vallarta and Los Cabos [2] - The company was listed on the New York Stock Exchange in February 2006 and acquired a majority stake in MBJ Airports Limited in April 2015, which operates Sangster International Airport in Jamaica [2] Group 2 - GAP entered into a concession agreement for the operation of Norman Manley International Airport in Kingston, Jamaica, in October 2018 and took control of the operation in October 2019 [2] - The company has implemented a whistleblower program in accordance with the Sarbanes-Oxley Act, allowing anonymous reporting of suspected criminal conduct or violations [4]

Core Viewpoint - Grupo Aeroportuario del Pacífico (GAP) reported strong financial results for the first quarter of 2025, with significant increases in revenues, passenger traffic, and comprehensive income compared to the same period in 2024. Financial Position - As of March 31, 2025, the company had cash and cash equivalents of Ps. 16,227.8 million. It issued long-term bonds for Ps. 6,000.0 million to refinance debt and fund capital investments [3] - The company refinanced its credit facility with Banamex for USD$40.0 million and extended the maturity date of another credit facility until October 4, 2029 [3] Passenger Traffic - Total passengers at GAP's 14 airports increased by 660.0 thousand, or 4.2%, compared to 1Q24 [4] - New domestic and international routes were opened, enhancing connectivity [4][5] Revenue Growth - Total revenues increased by Ps. 2,560.2 million, or 30.1%, driven by a 26.1% increase in aeronautical and non-aeronautical services revenues [6][17] - Aeronautical services revenues rose by Ps. 1,037.0 million, or 20.9%, while non-aeronautical services revenues increased by Ps. 699.5 million, or 41.3% [17] Cost and Income Analysis - Cost of services increased by Ps. 412.9 million, or 38.5%, leading to total operating costs rising by Ps. 1,850.0 million, or 41.0% [6][19] - Income from operations increased by Ps. 710.2 million, or 17.8%, with EBITDA rising by Ps. 979.8 million, or 21.1% [6][25] Comprehensive Income - Comprehensive income increased by Ps. 650.2 million, or 30.0%, from Ps. 2,164.2 million in 1Q24 to Ps. 2,814.4 million in 1Q25 [6][26] Financial Metrics - EBITDA margin (excluding IFRIC-12 effects) decreased from 69.8% in 1Q24 to 67.1% in 1Q25 [6][25] - Net income increased by Ps. 387.4 million, or 15.7%, compared to 1Q24 [26] Asset and Liability Overview - Total assets increased by Ps. 14,765.7 million, primarily due to improvements to concession assets and cash equivalents [27] - Total liabilities rose by Ps. 10,438.4 million, mainly due to long-term bond certificates and bank loans [28] Company Overview - Grupo Aeroportuario del Pacífico operates 12 airports in Mexico's Pacific region and has expanded its operations to include airports in Jamaica [29]