
Core Insights - Grupo Aeroportuario del Pacífico (GAP) reported a 2.9% increase in total terminal passenger traffic for May 2025 compared to May 2024, with notable growth at several airports [2][3] - The total number of terminal passengers across GAP's 12 airports reached 3,054.5 thousand in May 2025, up from 2,917.0 thousand in May 2024, marking a 4.7% increase [3][6] Passenger Traffic Summary - Tijuana, Los Cabos, Puerto Vallarta, and Guadalajara airports saw increases in passenger traffic of 3.4%, 1.1%, 0.9%, and 1.1% respectively [2][3] - Montego Bay experienced a decrease in passenger traffic of 1.6% compared to May 2024 [2][3] Year-to-Date Performance - For the January to May 2025 period, total terminal passengers increased by 8.8% to 14,726.5 thousand from 13,531.1 thousand in the same period of 2024 [3][6] - Specific airports such as Puerto Vallarta and Mexicali showed significant year-to-date growth of 14.4% and 15.7% respectively [3][6] Domestic vs. International Passengers - Domestic terminal passengers slightly decreased by 0.2% to 2,113.9 thousand in May 2025 compared to May 2024 [5][6] - International terminal passengers saw a decline of 1.4% at Guadalajara and 9.1% at Los Cabos, while Tijuana experienced a 7.9% increase [5][6] Load Factors and Capacity - The available seats increased by 4.8% in May 2025 compared to May 2024, while load factors decreased from 82.8% to 81.1% [11] - New routes were introduced by Viva, enhancing connectivity between various cities [11] Company Overview - Grupo Aeroportuario del Pacífico operates 12 airports in Mexico's Pacific region, including major cities and tourist destinations [10] - The company has been publicly traded since February 2006 on both the New York Stock Exchange and the Mexican Stock Exchange [10]