pookpiik/iStock via Getty Images By Shane Hurst, Nick Langley & Simon Ong European Infrastructure Sees Capital Inflows Market Overview Markets bounced back from a first-quarter correction and survived tariff, growth and geopolitical scares to deliver solid gains in the second quarter of 2025. Stocks fell to begin the quarter after U.S. President Trump unveiled wide-ranging reciprocal tariffs on April 2 but recovered as a delay in their implementation, a handful of bilateral trade deals and a softened ...

GUADALAJARA, Mexico, Sept. 03, 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 August 2025, compared with August 2024. During this period, the total number of terminal passengers at GAP’s 12 Mexican airports increased by 3.3%, compared to August 2024. Puerto Vallarta, Guadalajara, and Los Cabos airports presented an increase in passenger traffic of 5.5%, 4.1%, and 0.6%, resp ...

Core Insights - The article emphasizes the importance of individual investors focusing on value companies with strong long-term potential [1] Group 1 - The individual investor has over five years of experience in personal investing and holds a PhD in Economics [1] - The investment approach is centered around value companies, indicating a strategy that seeks to identify undervalued stocks with solid fundamentals [1] - The investor shares knowledge and analysis to support the community of individual investors, reflecting a commitment to education and empowerment [1] Group 2 - There is a disclosure stating that the analyst has no stock, option, or similar derivative positions in any of the companies mentioned, ensuring objectivity [2] - The article expresses personal opinions and does not constitute financial advice, highlighting the importance of independent research for investors [2] - The disclosure also clarifies that the author is not receiving compensation from any company mentioned, reinforcing the integrity of the analysis [2] Group 3 - Seeking Alpha's disclosure notes that past performance is not indicative of future results, reminding readers to consider this when making investment decisions [3] - The article does not provide specific recommendations or advice regarding investment suitability, emphasizing the need for individual assessment [3] - It is mentioned that the analysts are third-party authors, which may include both professional and individual investors, indicating a diverse range of perspectives [3]

Group 1 - The Cohen & Steers Infrastructure Fund (NYSE: UTF) is a diversified closed-end fund focused on infrastructure companies across various sectors including utilities, pipelines, toll roads, airports, railroads, ports, and telecommunications [1] - The fund aims to provide high-yield investment opportunities by investing in a broad range of infrastructure assets [1] Group 2 - The company invests significant resources, including thousands of hours and over $100,000 annually, into researching profitable investment opportunities [2] - The investment approach has garnered over 180 five-star reviews from members, indicating a strong satisfaction rate and perceived benefits [2]

Core Viewpoint - Grupo Aeroportuario del Pacífico successfully issued 85 million long-term bond certificates totaling Ps. 8.5 billion to finance capital investments and repay a loan [1][3]. Group 1: Bond Issuance Details - The bond issuance was conducted in two tranches and was oversubscribed by 1.98 times the announced amount [2]. - The bonds received the highest credit ratings in Mexico: "Aaa.mx" from Moody's and "mxAAA" from S&P, both with a stable outlook [2]. - The issuance includes 40.5 million debt certificates maturing in three years with a total amount of Ps. 4.05 billion, and 44.5 million debt certificates maturing in six years with a total amount of Ps. 4.45 billion [7]. Group 2: Use of Proceeds - Proceeds from the bond issuance will be allocated for capital investments and to repay a Ps. 1.5 billion loan from Banco Santander, maturing on October 17, 2025 [3]. Group 3: 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 [4]. - 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 [4].

Financial Data and Key Metrics Changes - Total revenues increased by 18.9% year over year, outpacing passenger traffic growth of 13.7% [17] - Revenue per passenger rose by 4.5% to $21 from $20.1 last year [17] - Adjusted EBITDA reached $169 million, up 23% year over year, with a margin expansion of 1.4 percentage points to 38.6% [21][22] Business Line Data and Key Metrics Changes - Aeronautical revenues increased by 15.1%, with Argentina seeing over 20% growth [18] - Commercial revenues grew by 22% year over year, driven by higher cargo revenues and strong performance in parking, VIP lounges, and duty-free stores [18][19] - Cargo revenues surged by 30% year over year, led by Argentina, Brazil, and Uruguay [14] Market Data and Key Metrics Changes - Passenger traffic in Argentina grew by 17%, with international traffic up nearly 19% [9] - Italy recorded a 9% increase in traffic, reaching a second-quarter record [10] - Brazil saw a 15% year-over-year increase in traffic, with international traffic growing over 41% [10] Company Strategy and Development Direction - The company is focused on enhancing non-aeronautical revenues and expanding commercial opportunities [26] - Ongoing projects include the construction of a shopping mall at Brasilia Airport and the expansion of duty-free areas in Argentina [26][27] - The company is pursuing growth opportunities in Latin America, Iraq, and Angola, among others [28] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continued positive traffic momentum, particularly in Argentina [29] - The company highlighted the resilience and quality of its diversified portfolio, which supports revenue growth and EBITDA margin expansion [26] Other Important Information - The company closed the quarter with a total liquidity position of $595 million, up 13% from the previous year [23] - Total debt at quarter end was $1.1 billion, with net debt decreasing to $643 million [24] Q&A Session Summary Question: Details on Argentina's rig lever discussion and interest in Motiva's former CCR airport sales - Management confirmed ongoing discussions regarding the rig lever and emphasized engagement with authorities [34][35] - The company is interested in the Motiva asset and is evaluating the opportunity while maintaining confidentiality [33]

Disclaimer and Forward-Looking Statement Statements relating to our future plans, projections, events or prospects are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward- looking statements include all statements that are not historical facts and can be identified by terms such as "believes," "continue," "could," "potential," "remain," "will," "would" or similar expressions and the negatives of those terms. Forward-looking statements involve known ...

Core Insights - Houghton County Airport (CMX) has implemented the OMNIQ airport management platform, enhancing operational efficiency, traveler convenience, and security since its launch in October 2024 [1][4][5] Group 1: Technology Implementation - The OMNIQ platform utilizes AI-powered machine vision for tasks such as license plate scanning and payment tracking, which reduces manual errors and improves consistency [2][6] - The PERCS™ system integrates license plate recognition with permits, payments, and citations, allowing for more accurate tracking and management of parking operations [6][9] Group 2: Customer Experience - Travelers can pay for parking through a web portal and mobile app, which minimizes missed payments and citations, thereby enhancing the overall travel experience [3][9] - CMX staff continue to provide hands-on customer service, assisting travelers and managing in-person payments, ensuring personal assistance is available when needed [2][9] Group 3: Financial Impact - In the last three months, the upgraded system has processed nearly 10,000 new subscriptions and 9,000 citations, generating significant new revenue for the airport [4] - The revenue generated supports essential services, including winter snow removal, highlighting the financial benefits of the technology implementation [5][9] Group 4: Community Role - CMX serves as a critical transportation hub in Michigan's Upper Peninsula, providing essential air service to multiple counties and supporting tens of thousands of passengers annually [7][8] - The partnership with OMNIQ reflects CMX's commitment to investing in technology that strengthens community services and operational efficiency [5][4]

August 19, 2025 12:00 AM GMT Investor Presentation | Asia Pacific Asia Summer School: China's Travel Transition We discuss inbound travel's growth outlook and potential contribution to China's economic growth as well as its influence on the outlook of Chinese airlines, airports, hotels and travel retail. M Foundation Morgan Stanley Asia Limited+ Qianlei Fan, CFA Equity Analyst Qianlei.Fan@morganstanley.com +852 2239-1875 Hildy Ling Equity Analyst Hildy.Ling@morganstanley.com +852 2239-7834 Dan Chee Equity A ...

Group 1 - Copenhagen Airports A/S has received a notice from ATP confirming that the conditions for transferring ATP's controlling shareholding to the Danish state are fulfilled, allowing the transfer to be completed [1] - ATP expects the Danish state to make a mandatory offer to the remaining shareholders of Copenhagen Airports A/S in October 2025, with the offer price to be detailed in the offer document [2] - The company is awaiting the submission of the offer to its shareholders and will issue a statement regarding the offer in accordance with regulations after its submission [3]