Grupo Aeroportuario del Pacifico Reports Passenger Traffic Increase of 16.1% for the Month of July
Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC) (BMV:GAP) ("the Company" or "GAP") announced preliminary terminal passenger traffic figures for the month of July 2016, compared to traffic figures for July 2015.
During July 2016, total terminal passengers increased 16.1% in the Company's 13 airports, compared to the same period of the previous year. Domestic passenger traffic presented a 21.4% increase, while international passenger traffic increased 8.5%.
Domestic Terminal Passengers (in thousands):
|Jan-Jul 15||Jan-Jul 16||
International Terminal Passengers (in thousands):
|Jan-Jul 15||Jan-Jul 16||
Total Terminal Passengers (in thousands):
|Jan-Jul 15||Jan-Jul 16||
Events for the Period:
- Seats and Load Factor: In July 2016, GAP registered a 10.9% increase in the number of seats available compared to July 2015. Load factor for the month rose by 3.9 percentage points, from 83.6% in July 2015 to 87.5% in July 2016.
- New Routes: Guanajuato to Torreon, Guanajuato to Manzanillo, Hermosillo to Chihuahua, Hermosillo to Puerto Peñasco and Tijuana to Puerto Peñasco by TAR; Guadalajara to Merida by Aeromexico; Guadalajara to Culiacan and Guadalajara to Puerto Vallarta by VivaAerobus; Guadalajara to Seattle and Guadalajara to San Francisco by Volaris.
- Guadalajara: In July, total traffic benefited as a result of the opening of 5 new routes; specifically a new Seattle route, for which there was previously no direct flight. On a percentage basis, VivaAerobus and Aeromexico contributed the highest level to passenger volume growth, with an increase in available seats of 53% and 22%, respectively.
- Puerto Vallarta: This airport reached its 38th month of continuous growth. Domestic traffic grew 21.8% as a result of 14 thousand additional new seats by VivaAerobus. On the other hand, the international market benefited from over 9 thousand additional available seats from Alaska Airlines, a 30% increase compared to July 2015.
- Los Cabos: The opening of the summer vacation season contributed to a 24.4% growth in domestic passenger traffic. All domestic airlines increased traffic compared to July 2015, particularly Aeromexico and VivaAerobus, which reported increases of 40% and 35% in available seats, respectively.
- Tijuana: Despite the 13.1% increase in available seats during July, passenger traffic rose 23.2%. This was a result of the load factor's favorable performance, which increased 6.8 percentage points from 82.6% in July 2015 to 89.4% in July 2016. The opening of the Cross Border-Xpress, in addition to the passengers traveling to south California and Tijuana, and a more attractive exchange rate, were the factors that mainly contributed to the increased traffic.
* * *
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.
For more information please visit www.aeropuertosgap.com.mx
Grupo Aeroportuario del Pacífico, S.A.B. de C.V.
Saúl Villarreal García, Chief Financial Officer
Paulina Sánchez , Investor Relations Officer
Tel: 52 (33) 38801100 ext 20151
In the U.S.
i-advize Corporate Communications
212-406-3691 / 212-406-3694