Market Overview

Grupo Aeroportuario Del Pacifico Reports Passenger Traffic Increase of 10.1% for the Month of October


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 October 2017, compared to traffic
figures for October 2016.

During October 2017, total terminal passengers increased 10.1% in the
Company's 13 airports, compared to the same period of the previous year.
Domestic passenger traffic increased by 12.1%, while international
passenger traffic increased by 6.7%.

Events for the Period:

  • Seats and Load Factors: In October 2017, GAP registered a 5.3%
    increase in the number of seats available compared to October 2016.
    Load factors for the month increased by 3.5 percentage points, from
    78.3% in October 2016 to 81.8% in October 2017.
  • New Routes:
    • Guanajuato to Los Angeles: Aeromexico

* * *

Company Description:

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

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
GAP's Audit Committee will be notified of all complaints for immediate

For more information please visit

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at