GUADALAJARA, Mexico--(EON: Enhanced Online News)--Grupo Aeroportuario del Pacifico, S.A.B. de C.V., (NYSE: PAC) (BMV: GAP) (“the Company” or “GAP”) announced preliminary terminal passenger traffic figures for the month of November 2016, compared to traffic figures for November 2015.
During November 2016, total terminal passengers increased 14.9% in the Company’s 13 airports, compared to the same period of the previous year. Domestic passenger traffic increased by 19.7%, while international passenger traffic increased by 7.8%.
- Seats and Load Factor: In November 2016, GAP registered a 13.4% increase in the number of seats available compared to November 2015. Load factor for the month rose by one percentage point, from 77.7% in November 2015 to 78.7% in November 2016.
- New Routes: Puerto Vallarta to Montreal by Air Canada.
- Domestic Market: The Tijuana airport reported 29.5% domestic traffic growth. Guadalajara experienced an 18.1% increase stemming from routes to Tijuana, Cancun and Monterrey, which grew a combined 29.8%. VivaAerobus and AereoCalafia remain the airlines with the highest percentage growth in the domestic market in the Company, with increases of 68.4% and 56.0% respectively.
- International Market: In November, the 2016-2017 winter season officially began. The Guadalajara airport reported its highest total international traffic growth during this month, mainly driven by the Los Angeles, Chicago and Seattle markets. The Montego Bay airport was the beach destination with the highest reported percentage growth for the month, driven by United Airlines and Thomson Airways, which experienced traffic increases of 53.2% and 46.8%, respectively.
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 symbol “GAP”. In April 2015, GAP acquired 100% of Desarrollo de Concesiones Aeroportuarias, S.L., which owns a majority stake of MBJ Airports Limited, a company operating the Sangster International Airport in Montego Bay, Jamaica.
This press release may contain forward-looking statements. These statements are not historical facts, and are based on management’s current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words “anticipates,” “believes,” “estimates,” “expects,” “plans” and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial conditions, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.
In accordance with Section 806 of the Sarbanes-Oxley Act of 2002 and article 42 of the “Ley del Mercado de Valores”, GAP has implemented a “whistleblower” program, which allows complainants to anonymously and confidentially report suspected activities that may involve criminal conduct or violations. The telephone number in Mexico, facilitated by a third party that is in charge of collecting these complaints, is 01-800-563-0047. The web site is http://www.lineadedenuncia.com/gap. GAP’s Audit Committee will be notified of all complaints for immediate investigation.