PAC - Grupo Aeroportuario del Pacifico Reports Passenger Traffic Decrease of 37.1% for the Month of December

January, 05 2021 08:28 PM Grupo Aeroportuario Del Pacifico S.A. B. de C.V. de C.V.

GUADALAJARA, Mexico, Jan. 05, 2021 (GLOBE NEWSWIRE) -- 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 December 2020, compared to traffic figures for December 2019.

For December 2020, the total number of terminal passengers at GAP’s 14 airports decreased by 37.1%, compared to the same period of the previous year. Domestic passenger traffic decreased by 23.2%, while international passenger traffic decreased by 52.3%.

Domestic Terminal Passengers – 14 airports (in thousands):

Airport
Dec-19
Dec-20
% Change
Jan-Dec 19
Jan-Dec 20
% Change
Guadalajara
911.7
630.0
(30.9
%)
10,495.8
5,768.1
(45.0
%)
Tijuana*
519.0
516.9
(0.4
%)
5,979.7
4,597.3
(23.1
%)
Los Cabos
161.5
147.6
(8.6
%)
1,915.7
1,215.3
(36.6
%)
Puerto Vallarta
166.2
112.8
(32.1
%)
1,839.3
951.5
(48.3
%)
Montego Bay
0.9
0.0
(100.0
%)
9.2
1.0
(89.7
%)
Guanajuato
182.3
113.6
(37.7
%)
2,056.9
1,051.5
(48.9
%)
Hermosillo
159.7
97.1
(39.2
%)
1,803.8
939.4
(47.9
%)
Mexicali
110.4
79.4
(28.1
%)
1,191.9
690.9
(42.0
%)
Morelia
51.9
45.3
(12.6
%)
478.8
387.3
(19.1
%)
Kingston
1.5
0.0
(98.3
%)
3.2
1.4
(56.8
%)
La Paz
88.7
68.1
(23.2
%)
995.4
566.5
(43.1
%)
Aguascalientes
57.0
38.9
(31.8
%)
635.2
356.0
(44.0
%)
Los Mochis
33.8
29.0
(14.1
%)
384.4
211.2
(45.0
%)
Manzanillo
8.7
5.6
(36.0
%)
95.3
49.1
(48.5
%)
Total
2,453.2
1,884.5
(23.2
%)
27,884.8
16,786.6
(39.8
%)

International Terminal Passengers – 14 airports (in thousands):

Airport
Dec-19
Dec-20
% Change
Jan-Dec 19
Jan-Dec 20
% Change
Guadalajara
427.5
286.4
(33.0
%)
4,350.5
2,357.5
(45.8
%)
Tijuana*
333.4
173.9
(47.8
%)
2,946.1
1,719.3
(41.6
%)
Los Cabos
361.7
198.4
(45.2
%)
3,693.4
1,848.9
(49.9
%)
Puerto Vallarta
353.5
135.1
(61.8
%)
3,212.5
1,584.6
(50.7
%)
Montego Bay
448.5
122.0
(72.8
%)
4,698.4
1,609.6
(65.7
%)
Guanajuato
69.5
41.5
(40.2
%)
698.9
336.2
(51.9
%)
Hermosillo
6.9
6.7
(1.7
%)
70.2
44.8
(36.2
%)
Mexicali
0.7
0.3
(58.2
%)
6.9
2.3
(66.5
%)
Morelia
42.8
31.6
(26.1
%)
418.9
244.0
(41.8
%)
Kingston
172.7
57.5
(66.7
%)
405.5
628.0
54.9
%
La Paz
0.9
0.9
(1.3
%)
12.8
6.6
(48.3
%)
Aguascalientes
22.0
17.4
(20.9
%)
223.2
119.5
(46.5
%)
Los Mochis
0.5
0.3
(37.3
%)
6.9
2.4
(64.9
%)
Manzanillo
10.2
1.7
(82.9
%)
79.4
37.1
(53.2
%)
Total
2,250.7
1,073.9
(52.3
%)
20,823.8
10,541.0
(49.4
%)

Total Terminal Passengers – 14 airports (in thousands):

Airport
Dec-19
Dec-20
% Change
Jan-Dec 19
Jan-Dec 20
% Change
Guadalajara
1,339.1
916.4
(31.6
%)
14,846.3
8,125.6
(45.3
%)
Tijuana*
852.5
690.9
(19.0
%)
8,925.9
6,316.6
(29.2
%)
Los Cabos
523.2
346.0
(33.9
%)
5,609.1
3,064.2
(45.4
%)
Puerto Vallarta
519.7
247.9
(52.3
%)
5,051.9
2,536.1
(49.8
%)
Montego Bay
449.4
122.0
(72.8
%)
4,707.7
1,610.5
(65.8
%)
Guanajuato
251.8
155.1
(38.4
%)
2,755.8
1,387.7
(49.6
%)
Hermosillo
166.5
103.9
(37.6
%)
1,874.1
984.2
(47.5
%)
Mexicali
111.1
79.7
(28.3
%)
1,198.8
693.2
(42.2
%)
Morelia
94.7
76.9
(18.7
%)
897.8
631.3
(29.7
%)
Kingston
174.2
57.6
(66.9
%)
408.7
629.4
54.0
%
La Paz
89.6
69.0
(23.0
%)
1,008.1
573.1
(43.1
%)
Aguascalientes
79.0
56.3
(28.7
%)
858.4
475.6
(44.6
%)
Los Mochis
34.3
29.3
(14.4
%)
391.3
213.6
(45.4
%)
Manzanillo
18.9
7.3
(61.4
%)
174.7
86.2
(50.6
%)
Total
4,704.0
2,958.4
(37.1
%)
48,708.5
27,327.5
(43.9
%)

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

CBX Users (in thousands):

Airport
Dec-19
Dec-20
% Change
Jan-Dec 19
Jan-Dec 20
% Change
Tijuana
328.4
171.9
(47.7
%)
2,897.9
1,705.7
(41.1
%)

Highlights for the Period:

The number of seats available during December 2020 declined by 21.5% compared to December 2019; load factors for the month went from 78.8% in December 2019 to 67.5% in December 2020.
The Company assumed control of the Kingston Airport on October 10, 2019; as such, the tables include this airport and present comparative figures for the twelve months of 2020, and three months in 2019.

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 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. 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

svillarreal@aeropuertosgap.com.mx

Alejandra Soto, IR, Finance and Financial Planning Manager

asoto@aeropuertosgap.com.mx

Gisela Murillo, Investor Relations

gmurillo@aeropuertosgap.com.mx / +52-33-3880-1100 ext. 20294

Maria Barona, i-advize Corporate Communications

mbarona@i-advize.com

Company Name:	Grupo Aeroportuario Del Pacifico S.A. B. de C.V. de C.V.
Stock Symbol:	PAC
Market:	NYSE
Website:	aeropuertosgap.com.mx

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