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 September 2017, compared to traffic
figures for September 2016.
During September 2017, total terminal passengers increased 7.8% in the
Company’s 13 airports, compared to the same period of the previous year.
Domestic passenger traffic increased by 8.9%, while international
passenger traffic increased by 5.8%.
Events for the Period:
Seats and Load Factors: In September 2017, GAP registered an
8.0% increase in the number of seats available compared to September
2016. Load factors for the month decreased by 0.1 percentage points,
from 76.5% in September 2016 to 76.4% in September 2017.
Mexicali to Hermosillo: TAR
Guadalajara to Tampico: TAR
Tropical Storm Lidia: As a result of Tropical Storm Lidia
passing through the Pacific region of Mexico, the Los Cabos, La Paz
and Los Mochis airports reported operating impacts from August 30 to
September 2. As a result, 15,980 seats that were previously scheduled
for September (12,600 for Los Cabos, 2,400 for La Paz and 980 for Los
Mochis) did not operate. The 3 airports suffered minimal
infrastructure damages, and are currently operating at 100%.
Hurricane Harvey: Hurricane Harvey struck the state of Texas at
the end of August 2017, causing airport closures in Houston
(Intercontinental and Hobby). To date, this closure has affected
14,500 previously-programmed seats, which were canceled as a result of
the weather phenomenon (7 of the Company's airports, which currently
operate flights to Houston on a regular basis, were affected).
Hurricane Irma: As a precaution against the arrival of
Hurricane Irma to Florida (between September 8 - 12), airports in the
state of Florida suspended air operations. Specifically, all flights
to and from Fort Lauderdale, Miami, and Orlando were canceled on
September 8, 9, and 10. As a result of these cancellations, a total of
5,080 seats (1,070 in Guadalajara and 4,010 in Montego Bay) that had
been previously scheduled within our network, did not operate.
Air Traffic Control Systems in Jamaica: On the evening of
September 8, the Kingston Air Traffic Control Center was struck by
lightning, resulting in total data and communications systems failure.
This caused all air operations to be suspended at Jamaica's airports;
operations were reestablished, on a partial basis between 6 am and 7
pm of September 10. As a result, 2,660 seats did not operate at the
Montego Bay Airport.
Excluding the above circumstances, the increase in total traffic for
the Company would have been of approximately 30,000 passengers,
equivalent to a 1.2 percentage point increase.
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 http://www.lineadedenuncia.com/gap.
GAP’s Audit Committee will be notified of all complaints for immediate
For more information please visit www.aeropuertosgap.com.mx.
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