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GAP Gap Inc

22.89
-0.195 (-0.84%)
29 Nov 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Gap Inc TG:GAP Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.195 -0.84% 22.89 22.835 22.94 22.79 22.79 22.79 40 22:50:16

Grupo Aeroportuario del Pacifico Reports in September 2021 a Passenger Traffic Increase of 1.2% Compared to 2019 (Increase of 64.1% Compared to 2020)

05/10/2021 5:44am

GlobeNewswire Inc.


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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 the month of September 2021, which includes comparisons with the 2019 and 2020 figures to facilitate the reading and understanding of the passenger traffic trend.

For September 2021, the total number of terminal passengers at GAP’s 12 Mexican airports increased by 1.0%, compared to the same period of 2019. Los Cabos, Tijuana and Puerto Vallarta airports presented an increase in passenger traffic of 30.3%, 11.9% and 7.5%, respectively, while the Guadalajara airport presented a decrease of only 10.1%, which demonstrates a positive trend in our main airports in Mexico.

In relation to international travel restrictions, the United States requests that travelers must present a negative COVID-19 test for entry into that country; while, starting on September 7, Canada reopened non-essential flights, requesting among other conditions, to be fully vaccinated and a negative PCR test for COVID-19.

Passenger traffic 2021 compared to 2019 figures

Domestic Terminal Passengers – 14 airports (in thousands):

AirportSep-19Sep-21% ChangeJan - Sep 19Jan - Sep 21% Change
Guadalajara836.3720.2(13.9%)7,765.85,998.2(22.8%)
Tijuana*490.9581.918.5%4,451.15,021.212.8%
Los Cabos143.6171.419.4%1,447.71,445.4(0.2%)
Puerto Vallarta144.3142.8(1.0%)1,371.21,294.2(5.6%)
Montego Bay0.80.0(100.0%)6.90.0(100.0%)
Guanajuato166.9122.6(26.6%)1,522.31,082.7(28.9%)
Hermosillo141.7126.5(10.8%)1,315.71,008.3(23.4%)
Mexicali90.293.33.4%871.1764.1(12.3%)
Morelia36.640.19.4%342.8394.115.0%
La Paz72.270.5(2.3%)740.4635.1(14.2%)
Kingston0.00.2N/A0.01.0N/A
Aguascalientes50.748.2(5.0%)465.6404.7(13.1%)
Los Mochis28.727.0(6.0%)282.8252.0(10.9%)
Manzanillo6.15.4(11.5%)70.561.0(13.4%)
Total2,209.12,150.1(2.7%)20,653.818,362.1(11.1%)

International Terminal Passengers – 14 airports (in thousands):

AirportSep-19Sep-21% ChangeJan - Sep 19Jan - Sep 21% Change
Guadalajara317.8317.4(0.1%)3,234.52,643.2(18.3%)
Tijuana*204.4196.0(4.1%)2,136.11,901.1(11.0%)
Los Cabos168.7235.539.6%2,764.72,462.1(10.9%)
Puerto Vallarta96.9116.520.3%2,418.21,457.9(39.7%)
Montego Bay256.1191.0(25.4%)3,615.31,760.6(51.3%)
Guanajuato47.551.37.8%528.2447.3(15.3%)
Hermosillo5.39.375.5%51.776.648.2%
Mexicali0.60.6(11.0%)5.13.6(28.7%)
Morelia28.533.617.8%312.9292.9(6.4%)
La Paz0.81.016.9%9.413.745.8%
Kingston0.074.7N/A0.0566.8N/A
Aguascalientes18.717.5(6.2%)164.4152.0(7.5%)
Los Mochis0.60.956.5%5.47.130.7%
Manzanillo1.91.6(16.0%)60.829.7(51.1%)
Total1,147.91,246.98.6%15,306.511,814.5(22.8%)

Total Terminal Passengers – 14 airports (in thousands):

AirportSep-19Sep-21% ChangeJan - Sep 19Jan - Sep 21% Change
Guadalajara1,154.11,037.6(10.1%)11,000.38,641.5(21.4%)
Tijuana*695.4778.011.9%6,587.26,922.35.1%
Los Cabos312.3406.930.3%4,212.43,907.5(7.2%)
Puerto Vallarta241.2259.47.5%3,789.42,752.1(27.4%)
Montego Bay256.9191.0(25.7%)3,622.21,760.6(51.4%)
Guanajuato214.4173.8(18.9%)2,050.51,530.0(25.4%)
Hermosillo147.0135.8(7.7%)1,367.41,084.9(20.7%)
Mexicali90.993.93.3%876.2767.8(12.4%)
Morelia65.273.713.0%655.7687.04.8%
La Paz73.071.5(2.1%)749.8648.8(13.5%)
Kingston0.074.9N/A0.0567.7N/A
Aguascalientes69.465.7(5.3%)630.0556.7(11.6%)
Los Mochis29.327.9(4.7%)288.2259.1(10.1%)
Manzanillo8.07.0(12.5%)131.290.7(30.9%)
Total3,357.13,397.01.2%35,960.330,176.6(16.1%)

*Passengers in Tijuana who use CBX in both directions are classified as international.

CBX Users (in thousands):

AirportSep-19Sep-21% ChangeJan - Sep 19Jan - Sep 21% Change
Tijuana200.8191.6(4.6%)2,100.91,878.2(10.6%)

The Company took control of the Kingston airport on October 10, 2019, therefore there are no comparative figures from January to September 2019.

Passenger traffic 2021 compared to 2020 figures

Domestic Terminal Passengers – 14 airports (in thousands):

AirportSep-20Sep-21% ChangeJan - Sep 20Jan - Sep 21% Change
Guadalajara489.0720.247.3%3,990.35,998.250.3%
Tijuana*418.2581.939.2%3,091.35,021.262.4%
Los Cabos115.1171.448.9%784.61,445.484.2%
Puerto Vallarta85.2142.867.6%632.51,294.2104.6%
Montego Bay0.00.00.0%1.00.0(100.0%)
Guanajuato93.6122.630.9%722.01,082.750.0%
Hermosillo80.8126.556.5%649.11,008.355.4%
Mexicali54.693.370.8%475.5764.160.7%
Morelia29.740.135.0%269.2394.146.4%
La Paz45.270.556.1%374.1635.169.7%
Kingston0.00.2425.8%1.31.0(28.1%)
Aguascalientes31.248.254.4%245.3404.765.0%
Los Mochis17.127.057.8%135.7252.085.8%
Manzanillo3.85.442.2%34.361.078.1%
Total1,463.62,150.146.9%11,406.118,362.161.0%

International Terminal Passengers – 14 airports (in thousands):

AirportSep-20Sep-21% ChangeJan - Sep 20Jan - Sep 21% Change
Guadalajara178.8317.477.5%1,646.22,643.260.6%
Tijuana*139.8196.040.2%1,207.11,901.157.5%
Los Cabos102.0235.5130.9%1,259.42,462.195.5%
Puerto Vallarta45.2116.5158.0%1,229.81,457.918.5%
Montego Bay48.0191.0298.2%1,324.11,760.633.0%
Guanajuato25.651.3100.3%233.8447.391.4%
Hermosillo3.09.3206.4%28.776.6166.5%
Mexicali0.20.6218.3%1.63.6120.1%
Morelia20.433.665.0%162.1292.980.7%
La Paz0.21.0309.8%4.713.7191.7%
Kingston33.474.7123.7%494.4566.814.6%
Aguascalientes9.317.589.0%77.9152.095.0%
Los Mochis0.10.9643.5%1.67.1329.7%
Manzanillo0.91.669.1%32.629.7(8.9%)
Total606.91,246.9105.4%7,704.011,814.553.4%

Total Terminal Passengers – 14 airports (in thousands):

AirportSep-20Sep-21% ChangeJan - Sep 20Jan - Sep 21% Change
Guadalajara667.91,037.655.4%5,636.58,641.553.3%
Tijuana*558.0778.039.4%4,298.46,922.361.0%
Los Cabos217.0406.987.5%2,044.03,907.591.2%
Puerto Vallarta130.4259.498.9%1,862.32,752.147.8%
Montego Bay48.0191.0298.2%1,325.11,760.632.9%
Guanajuato119.2173.845.8%955.81,530.060.1%
Hermosillo83.8135.861.9%677.81,084.960.1%
Mexicali54.893.971.3%477.1767.860.9%
Morelia50.073.747.2%431.3687.059.3%
La Paz45.471.557.4%378.8648.871.3%
Kingston33.474.9124.0%495.7567.714.5%
Aguascalientes40.565.762.3%323.2556.772.2%
Los Mochis17.227.962.0%137.3259.188.7%
Manzanillo4.87.047.5%66.890.735.7%
Total2,070.53,397.064.1%19,110.230,176.657.9%

*Passengers in Tijuana who use CBX in both directions are classified as international.

CBX Users (in thousands):

AirportSep-20Sep-21% ChangeJan - Sep 20Jan - Sep 21% Change
Tijuana139.2191.637.7%1,198.01,878.256.8%

Highlights for the period:

  • Seats and load factors: The number of seats available during September 2021 increased by 38.2% compared to September 2020; load factors for the month went from 62.0% in September 2020 to 73.7% in September 2021.
  • New routes:
  • La Paz – Puerto Vallarta: TAR
  • La Paz – Culiacán: TAR
  • Hermosillo – Puerto Vallarta: TAR
  • Hermosillo – Monterrey: TAR

Company DescriptionGrupo 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 Concessioner Aeroportuarias, S.L., which owns a majority stake in MBJ Airports Limited, a company operating Sangster International Airport in Montego Bay, Jamaica. In October 2018, GAP entered into a concession agreement for the operation of the Norman Manley International Airport in Kingston, Jamaica and took control of the operation in October 2019.

This press release may contain forward-looking statements. These statements are statements that 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 condition, 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 June 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 00 47. The web site is www.lineadedenuncia.com/gap. GAP’s Audit Committee will be notified of all complaints for immediate investigation.

IR Contacts:                       
   
Saúl Villarreal, Chief Financial Officer Alejandra Soto, IRO and Corporate Finance DirectorGisela Murillo, Investor Relations svillarreal@aeropuertosgap.com.mxasoto@aeropuertosgap.com.mxgmurillo@aeropuertosgap.com.mx / +52-33-3880-1100 ext.20294
   

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