Grupo Aeroportuario del Pacifico Reports a Passenger Traffic Decrease in January 2026 of 2.2% Compared to 2025

Core Viewpoint - Grupo Aeroportuario del Pacífico (GAP) reported a 1.2% increase in total passenger traffic across its 12 Mexican airports in January 2026 compared to January 2025, despite some airports experiencing declines due to external factors like Hurricane Melissa [2][3]. Passenger Traffic Summary - Total passenger traffic for January 2026 reached 2,965.3 thousand, up from 2,899.1 thousand in January 2025, marking a 2.3% increase [3]. - Guadalajara airport saw a significant increase of 6.0%, with passenger numbers rising from 1,006.2 thousand to 1,066.3 thousand [3]. - Puerto Vallarta reported a growth of 5.7%, increasing from 229.5 thousand to 242.5 thousand [3]. - In contrast, Tijuana and Los Cabos airports experienced declines of 0.5% and 5.6%, respectively [3]. International Passenger Traffic Summary - International passenger traffic decreased by 6.9%, from 2,747.0 thousand in January 2025 to 2,556.4 thousand in January 2026 [5]. - Montego Bay airport faced a drastic decline of 37.7%, with numbers dropping from 456.2 thousand to 284.2 thousand due to Hurricane Melissa [5][6]. - Morelia airport showed a notable increase of 25.6%, rising from 67.8 thousand to 85.2 thousand [5]. Load Factors and Capacity - The number of available seats increased by 3.0% in January 2026 compared to January 2025 [8]. - Load factors decreased from 83.9% in January 2025 to 79.7% in January 2026, indicating a drop in the efficiency of seat utilization [8]. 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 [9]. - The company has been publicly traded since February 2006 on the New York Stock Exchange and the Mexican Stock Exchange [9].