Grupo Aeroportuario del Pacifico(US:PAC) GlobeNewswire News Room·2024-09-04 23:14Core Insights - Grupo Aeroportuario del Pacífico (GAP) reported a 7.4% decrease in total terminal passenger traffic for August 2024 compared to August 2023, with significant declines at major airports [2][5] - Domestic passenger traffic saw a decline of 10.8% in August 2024, while international passenger traffic decreased by 1.5% during the same period [5][4] Domestic Passenger Traffic Summary - Guadalajara airport experienced an 8.6% decrease in domestic passengers, totaling 1,050.5 thousand in August 2024 [3] - Tijuana airport saw a significant drop of 11.5%, with 780.2 thousand passengers [3] - Los Cabos and Puerto Vallarta airports reported decreases of 8.8% and 2.0%, respectively [3] - Guanajuato airport had the largest decline at 19.7%, totaling 187.6 thousand passengers [3] - Total domestic passengers from January to August 2024 decreased by 7.3% compared to the same period in 2023 [3] International Passenger Traffic Summary - Guadalajara airport recorded a 9.6% increase in international passengers, reaching 501.7 thousand in August 2024 [4] - Tijuana airport's international traffic remained relatively stable with a slight decrease of 0.7% [4] - Los Cabos and Puerto Vallarta airports experienced declines of 13.2% and 11.6%, respectively [4] - Total international passengers from January to August 2024 increased by 2.2% compared to the same period in 2023 [4] Overall Passenger Traffic Summary - The total number of terminal passengers across GAP's airports decreased by 10.8% in August 2024, totaling 3,117.7 thousand [5] - Year-to-date total terminal passengers from January to August 2024 decreased by 3.1% compared to the same period in 2023 [5] Operational Highlights - The number of available seats in August 2024 decreased by 10.4% compared to August 2023, while load factors improved from 81.4% to 84.3% [6] - The company operates 12 airports in Mexico's Pacific region, including major cities and tourist destinations [7]