GUADALAJARA, Mexico, July 10, 2024 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) ("the Company" or "GAP") announces that it completed the refinancing of the credit facility that matured today with Banco Nacional de México, S.A., ("Citibanamex") for Ps. 1.0 billion, extending the maturity by 12 additional months. The interest will be payable monthly at a variable rate of TIIE28 plus 18 basis points, without fees, and principal payment on July 10, 2025. Alejandra ...

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 ...

In this article Jakub Porzycki | Nurphoto | Getty Images Fairshake PAC, which supports candidates across the political spectrum whose positions align with the crypto industry's, will enter the general election campaign season with more than $100 million that it plans to spend to elect pro-crypto lawmakers to the House and Senate. U.S. Representative Jamal Bowman (D-NY) joins TikTok creators at a news conference to speak out against a possible ban of TikTok at the House Triangle at the United States Capitol ...

GUADALAJARA, Mexico, June 20, 2024 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) ("the Company" or "GAP") announces that yesterday drawdown of Ps. 875.0 million from a credit facility with BBVA México, S.A., at a 12-month term. Interest will be payable monthly at a variable rate of TIIE-28 plus 20 basis points, and principal payment due upon maturity on June 19, 2025, without fees. Proceeds from this loan will be allocated to pay and close the acquisition of 51. ...

GUADALAJARA, Mexico, June 11, 2024 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE:PAC; BMV: GAP) ("the Company" or "GAP") informs that today signed the acquisition of 51.5% of the shares representing the capital stock of the company Guadalajara World Trade Center, S.A. de C.V. ("GWTC"), for a total amount of Ps. 875,504,411.57 (EIGHT HUNDRED SEVENTY-FIVE MILLION FIVE HUNDRED FOUR THOUSAND FOUR HUNDRED ELEVEN PESOS 57/100). With this acquisition, GAP aims to gain knowledge and ex ...

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 ...

GUADALAJARA, Mexico, June 04, 2024 (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 2024, compared with May 2023. For May 2024, the total number of terminal passengers at GAP's 12 Mexican airports decreased by 2.5%, compared to May 2023. Puerto Vallarta airport presented an increase in passenger traffic of 3.2%, while Tijuana, Guadalajara, and Los Cabos airports presented a de ...

Revenue Sources - Approximately 27.3%, 28.1%, and 24.9% of total revenues in 2021, 2022, and 2023, respectively, were derived from passenger charges for international passengers [1126]. - Approximately 20% of 2023 aeronautical and non-aeronautical revenues were denominated in U.S. dollars [1126]. Financial Position - As of December 31, 2023, 81.3% of cash and marketable securities were denominated in U.S. dollars [1127]. - Total U.S. dollar-denominated debt increased to U.S.$314.4 million as of December 31, 2023, from U.S.$260.5 million in 2021 [1128]. - As of December 31, 2023, 63.6% of total debt was fixed, amounting to Ps.18.8 billion in fixed rate debt out of a total of Ps.40.6 billion [1135]. Interest and Hedging - Interest expense for variable interest rate loans was Ps.2,281.2 million in 2023, with an average TIIE-28 rate of 11.42% [1143]. - The company recognized Ps.60.7 million in the reserve for the gain on cash flow hedges in 2023 [1145]. - The company has contracted interest rate swaps covering Ps.6.9 billion worth of risk related to the issuance of GAP 19 and GAP 20 long-term debt securities [1135]. Currency Impact - A 10% annual depreciation of the peso compared to the U.S. dollar would have increased revenues by approximately Ps.503.1 million in 2023 [1126]. - The company obtained U.S.$70.0 million in loans by bank debt in 2023 [1128].

Hi. Good morning. Thanks for the call. Just a bit of an update about the issue of the Pratt & Whitney. Have you seen -- do you think that for this year, for the last quarters, capacity could be limited due to the engine failures, the engine maintenance? We saw about Volaris that -- yesterday said that most of -- the peak of the capacity will Thank you, Gabriel. It's Raul. I mean, when we present our original guidance, we consider around 200 days for the period of maintenance of each one of the grounded plan ...

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) Q4 2023 Earnings Conference Call February 28, 2024 11:00 AM ET Company Participants Maria Barona - IR Alejandra Soto - IRO Raul Revuelta - CEO Saul Villarreal - CFO Conference Call Participants Juan Ponce - Bradesco BBI Stephen Trent - Citi Alberto Valerio - UBS Pablo Monsivais - Barclays Juan Macedo - GBM Isabela Salazar - GBM Operator Good morning, and welcome to GAP's Fourth Quarter 2023 Conference Call. Thank you for joining us. Please note, th ...