Grupo Aeroportuario Del Pacifico, S.A. de C.V. (PAC)

PAC » Topics » For more information, visit: www.aeropuertosgap.com.mx or contact:

This excerpt taken from the PAC 6-K filed Jul 24, 2009.
     For more information, visit: www.aeropuertosgap.com.mx or contact:


 

In Mexico

In the U.S.

 

Miguel Aliaga, Investor Relations Officer

Maria Barona

  Rodrigo Guzman, Chief Fianancial Officer Kenia Vargas
 

Grupo Aeroportuario del Pacífico, S.A.B. de C.V.

i-advize Corporate Communications

 

Tel: 01 (333) 880 1100 ext 216

Tel: 212 406 3691/3695

 

maliaga@aeropuertosgap.com.mx

gap@i-advize.com

 

 

 



 

 

Operating Results

 

During the second quarter of 2009, the Company reported a decrease of 22.4% in total terminal passenger traffic, driven by a 21.6% decrease in domestic terminal passenger traffic and a 24.0% decline in the number of international terminal passenger traffic.

 

In May 2009, there was a major health alert as a result of the A/H1N1 virus epidemic, which caused the temporary cancelation or, in some cases, the severe reduction of flights from other countries, including the United States and Canada, as well as some domestic flights, due to lower flight occupation levels, which resulted in a decline in domestic and international passenger traffic. This situation affected June 2009 traffic to a lesser extent.

 

Domestic passenger traffic experienced a net decline of 812.7 thousand passengers; mainly at the airports of Guadalajara with 312.1 thousand fewer passengers, Tijuana with 224.8 thousand fewer passengers, Guanajuato with 57.8 thousand fewer passengers, Puerto Vallarta with 54.6 thousand fewer passengers, Hermosillo with 38.7 thousand fewer passengers, Aguascalientes with 38.7 thousand fewer passengers, Morelia with 31.2 thousand fewer passengers, Los Cabos with 19.5 thousand fewer passengers, Mexicali with 15.1 thousand fewer passengers, Manzanillo with 9.4 thousand fewer passengers, Los Mochis with 9.3 thousand fewer passengers and La Paz with 1.5 thousand fewer passengers.

 

In the case of the Guadalajara airport, the reduction in traffic was due to decreased passenger traffic on the routes to and from Mexico City, Tijuana, Monterrey, Toluca, Culiacan, Mexicali, Hermosillo, Cancun, La Paz and Ciudad Juarez, among others. These declines were mainly due to the suspension of operations by Alma, Aerocalifornia, Aladia and Avolar during the second half of 2008. It is important to mention that VivaAerobus initiated flights from the Guadalajara airport to Culiacan, Hermosillo and Veracruz during the second quarter of 2009, which we expect will support the recovery in domestic passenger traffic for traffic that was lost with the departure of several domestic airlines from this market.

 

In the case of the Tijuana airport, the reduction in traffic was mainly due to decreased passenger traffic on the routes to Guadalajara, Toluca, Culiacan, Guanajuato, Morelia and Hermosillo, among others. These declines were strongly influenced by the suspension of operations by Aerocalifornia, Avolar and Alma during the second half of 2008.

 

In the case of the Guanajuato airport, the reduction in traffic was mainly due to decreased passenger traffic on routes to Mexico City, Tijuana and Monterrey. In the case of Monterrey, decreased passenger traffic was mainly due to the cessation of operations by Aviacsa at this airport on May 12, 2008. Additionally, Avolar and Alma had ceased operating at the Guanajuato airport during the second half of 2008.

 

The reduction in traffic at the Puerto Vallarta airport was caused by decreased passenger traffic on routes to and from Guadalajara, Mexico City, Monterrey and Toluca, mainly due to the suspension of Alma’s operations, as well as the reduction of frequencies by Aviacsa, which both occurred during 2008.

 

 

GAP 2Q09

Page 2 of 18

 



 

 

The reduction in traffic at the Hermosillo airport was principally due to decreased passenger traffic on routes to and from Tijuana, Guadalajara, Monterrey and Toluca, mainly as a result of the suspension of operations by Aerocalifornia and Avolar, as well as the reduction of operations by Aviacsa, both situations occurring in 2008.

 

With respect to the Aguascalientes airport, the reduction in traffic was caused by decreased passenger traffic on routes to and from Mexico City, Tijuana, Monterrey, Cancun and Toluca, primarily as the result of the suspension of operations of Alma, the cessation of operations of Click de Mexicana from this airport during the second half of 2008 and the suspension of the San Marcos Festival in 2009 due to the health alert caused by the A/H1N1 virus. The San Marcos Festival is the most important tourism event in this city.

 

International Passenger Traffic experienced a net decrease of 452.6 thousand passengers in the second quarter of 2009 compared to the second quarter of 2008. However, the Morelia airport reported an increase in international passenger traffic of 6.8 thousand passengers.

 

In the case of the Morelia airport, the increase in passengers is explained by the increase in operations to Chicago by Aeromexico, in addition to increases on the routes to Los Angeles and San Jose, California. The increase in passenger traffic to Los Angeles and San Jose, California was likely due to a substitution effect related to the decrease in available seats on the route to Tijuana. There was also an increase in the number of passengers travelling to and from Houston from this airport.

 

There were decreases totaling 459.4 thousand international passengers at the following airports: Puerto Vallarta with 191.9 thousand fewer passengers, Los Cabos with 138.1 thousand fewer passengers, Guadalajara with 75.1 thousand fewer passengers, Guanajuato with 20.6 thousand fewer passengers, Aguascalientes with 12.3 thousand fewer passengers, La Paz with 6.7 thousand fewer passengers, Hermosillo with 5.4 thousand fewer passengers, Manzanillo with 4.9 thousand fewer passengers, Tijuana with 2.7 thousand fewer passengers and Los Mochis with 1.2 thousand fewer passengers.

 

With respect to the Puerto Vallarta airport, international traffic declined mainly due to decreased passenger traffic on routes to Los Angeles, Phoenix, Dallas, Denver, Seattle and Atlanta, among others, mainly caused by a severe reduction in operations by the U.S. carriers due to the A/H1N1 virus health alert.

 

In the case of the Los Cabos airport, the decrease was due to decreased passenger traffic on routes to and from Chicago, Los Angeles, Houston, Phoenix, Dallas, San Francisco, Denver, Atlanta and Detroit, among others. This was mainly due to a severe reduction in operations by the U.S. carriers due to the A/H1N1 virus health alert.

 

With respect to the Guadalajara airport, the decline in international passenger traffic was principally due to decreased passenger traffic to and from Los Angeles, Houston, Dallas, Chicago and Atlanta, among others. This was mainly due to the reduction in operations by American Airlines, Continental and Delta, resulting from the A/H1N1 virus health alert as well as the sporadic cancellation of flights by several of the airlines that operate in this airport due to low aircraft occupancy levels during the first few weeks of the A/H1N1 virus health alert.

 

 

GAP 2Q09

Page 3 of 18

 



 

 

 

The decline in the Guanajuato airport was due to decreased passenger traffic to and from Los Angeles, Houston, Chicago and Oakland, which was mainly due to the reduction of operations by Mexicana and American Eagle at this airport due to the A/H1N1 virus health alert.

 

Effects of the A/H1N1 Influenza Virus

 

The A/H1N1 Influenza Virus had a severe but temporary effect during May 2009 and June 2009 on the Company, which resulted in a decline in passenger traffic of 23.5% for May, while this figure only reached 15.0% in June. We expect that a large portion of the frequencies and cancelled routes that were temporarily affected during the A/H1N1 virus health alert will gradually recover during the second half of 2009. In the case of the tourist destinations, this recovery is expected to take place during the next summer or winter vacation period.

 

This excerpt taken from the PAC 6-K filed Jul 9, 2009.
     For more information, visit: www.aeropuertosgap.com.mx or contact:


 

In Mexico

In the U.S.

 

Miguel Aliaga, Investor Relations Officer

Maria Barona / Kenia Vargas

 

Grupo Aeroportuario del Pacífico, S.A.B. de C.V.

i-advize Corporate Communications

 

Tel: 01 (333) 8801100 ext 216

Tel: 212 406 3691

 

maliaga@aeropuertosgap.com.mx

gap@i-advize.com

 

 



 

This excerpt taken from the PAC 6-K filed Jul 7, 2009.
     For more information, visit: www.aeropuertosgap.com.mx or contact:


 

In Mexico

In the U.S.

 

Miguel Aliaga, Investor Relations Officer

Maria Barona / Kenia Vargas

 

Grupo Aeroportuario del Pacífico, S.A.B. de C.V.

i-advize Corporate Communications

 

Tel: 01 (333) 8801100 ext 216

Tel: 212 406 3691

 

maliaga@aeropuertosgap.com.mx

gap@i-advize.com

 

 

 


This excerpt taken from the PAC 6-K filed Jun 4, 2009.
     For more information, visit: www.aeropuertosgap.com.mx or contact:


 

In Mexico

In the U.S.

 

Miguel Aliaga, Investor Relations Officer

Maria Barona /Peter Majeski

 

Grupo Aeroportuario del Pacífico, S.A.B. de C.V.

i-advize Corporate Communications

 

Tel: 01 (333) 8801100 ext 216

Tel: 212 406 3690

 

maliaga@aeropuertosgap.com.mx

gap@i-advize.com



 

This excerpt taken from the PAC 6-K filed May 7, 2009.
     For more information, visit: www.aeropuertosgap.com.mx or contact:


 

In Mexico

In the U.S.

 

Miguel Aliaga, Investor Relations Officer

Maria Barona /Peter Majeski

 

Grupo Aeroportuario del Pacífico, S.A.B. de C.V.

i-advize Corporate Communications

 

Tel: 01 (333) 8801100 ext 216

Tel: 212 406 3691

 

maliaga@aeropuertosgap.com.mx

gap@i-advize.com

 



 

 

 

This excerpt taken from the PAC 6-K filed Apr 30, 2009.
       For more information, visit: www.aeropuertosgap.com.mx or contact:


 

In Mexico

In the United States

 

Miguel Aliaga, Investor Relations Officer

Maria Barona

  Rodrigo Guzman, Chief Financial Officer Kenia Vargas
 

Grupo Aeroportuario del Pacífico, S.A.B. de C.V.

i-advize Corporate Communications

 

Tel: 01 (333) 8801100 ext 216

Tel: 212 406 3691/3695

 

maliaga@aeropuertosgap.com.mx

gap@i-advize.com

 

 



 

 

 

Operating Results

 

During the first quarter of 2009, the Company reported a decrease of 16.8% in total terminal passengers, driven by a 20.7% decrease in the number of domestic terminal passengers and a 10.7% decline in the number of international terminal passengers.

 

It is important to note that the quarters are not entirely comparable since the Easter Week vacation period took place during the month of March in 2008 (the first quarter), while it occurred during the month of April in 2009 (the second quarter). This effect had a greater impact at those airports with a higher concentration of tourist passengers.

 

Domestic passenger traffic experienced a net decline of 803.8 thousand passengers; mainly at the airports of Tijuana with 289.2 thousand fewer passengers, Guadalajara with 214.4 thousand fewer passengers, Guanajuato with 51.2 thousand fewer passengers, Hermosillo with 47.0 thousand fewer passengers, Puerto Vallarta with 46.2 thousand fewer passengers, Morelia with 36.4 thousand fewer passengers, La Paz with 27.5 thousand fewer passengers, Aguascalientes with 26.4 thousand fewer passengers, Los Mochis with 24.3 thousand fewer passengers, Los Cabos with 17.2 thousand fewer passengers, Mexicali with 16.9 thousand fewer passengers and Manzanillo with 7.3 thousand fewer passengers.

 

In the case of the Tijuana airport, the reduction in traffic was mainly due to decreased passenger traffic on the routes to Guadalajara, Toluca, Culiacan, Guanajuato, Morelia and Hermosillo, among others. These declines were strongly influenced by the suspension of operations by Aerocalifornia, Avolar and Alma during the second half of 2008.

 

In the case of the Guadalajara airport, the reduction in traffic was due to decreased passenger traffic on the routes to and from Tijuana, Monterrey, Toluca, Puebla, Mexicali, Hermosillo, Cancun, Merida and Ciudad Juarez, among others. These declines were mainly due to the suspension of operations by Alma, Aerocalifornia, Aladia and Avolar during the second half of 2008. In addition, it is important to point out that Mexicana Link initiated its base of operations at the Guadalajara airport in March 2009, which is expected to cause the steady recovery of routes, frequencies and seats that were lost due to the cessation of operations of Alma. Additionally, we expect a steady recovery from the initiation of the Guadalajara-Monterrey route by Vivaerobus with 2 daily frequencies in a 140-passenger airplane.

 

In the case of the Guanajuato airport, the reduction in traffic was mainly due to decreased passenger traffic on routes to Tijuana and Monterrey; decreased passenger traffic on the route to Monterrey was mainly due to the cessation of operations by Aviacsa at this airport on May 12, 2008. Additionally, Avolar and Alma had ceased operating at the Guanajuato airport during the second half of 2008.

 

The reduction in traffic at the Hermosillo airport was principally due to decreased passenger traffic on routes to and from Tijuana, Guadalajara, Monterrey and Toluca, mainly as a result of the suspension of operations by Aerocalifornia and Avolar, as well as the reduction of operations by Aviacsa both situation occurring in 2008.

 

 

GAP 1Q09

Page 2 of 16

 



 

 

 

With respect to the Los Mochis airport, the reduction in traffic was caused by decreased passenger traffic on routes to and from Guadalajara, Tijuana and La Paz, principally explained by the suspension of Aerocalifornia’s and Alma’s operations during the second half of 2008. Additionally, it is important to point out that Interjet initiated operations at this airport during the first quarter of 2009 with an A320 airplane, with 150 seats available and 13 weekly frequencies.

 

The reduction in traffic at the Puerto Vallarta airport was caused by decreased passenger traffic on routes to and from Guadalajara, Mexico City and Toluca, mainly due to the suspension of Alma’s operations, as well as the reduction of frequencies by Aviacsa, both situations occurring during 2008. In addition, it is worth mentioning that in March 2009, Mexicana Link initiated operations at this airport.

 

The reduction in traffic at the Morelia airport was due mainly to decreased passenger traffic to Tijuana, Monterrey, Guadalajara and Guanajuato as a result of the cessation of operations by Aviacsa and by the suspension of operations by Avolar, both occurred in 2008, as well as the cessation of operations by VivaAerobus at this airport during the first quarter of 2009.

 

With respect to the La Paz airport, the reduction in traffic was due to decreased passenger traffic on routes to Mexico City, Guadalajara, Tijuana and Los Mochis, among others, mainly due to the suspension of operations by Aerocalifornia and Alma, as well as the cessation of operations by Aeromexico at this airport, all of which occurred in 2008. During January 2009, VivaAerobus began operations from La Paz to Culiacan with a Boeing 737-300, with capacity for 148 passengers and 7 weekly frequencies.

 

In the case of the Los Cabos airport, the decrease in traffic was due to decreased passenger traffic on the routes to and from Toluca and Guadalajara. During the month of January 2009, VivaAerobus initiated operations from Los Cabos to Culiacan.

 

International Passenger Traffic experienced a net decrease of 259.4 thousand passengers in the first quarter of 2009. However, the Morelia airport and the Mexicali airport reported increases in international passenger traffic of 10.7 thousand passengers and 0.3 thousand passengers, respectively.

 

In the case of the Morelia airport, the increase in passengers is explained by the increase in operations to Chicago by Aeromexico, in addition to increases on the routes to Los Angeles and San Jose, California. The increase in passenger traffic to Los Angeles and San Jose, California was likely due to a substitution effect related to the decrease in available seats on the route to Tijuana. This was due to a substitution effect resulting from a lower amount of seats available on routes to Tijuana.

 

There were decreases totaling 270.5 thousand international passengers at the following airports: Guadalajara with 93.0 thousand fewer passengers, Puerto Vallarta with 68.4 thousand fewer passengers, Guanajuato with 33.8 thousand fewer passengers, Los Cabos with 33.8 thousand fewer passengers, Aguascalientes with 12.7 thousand fewer passengers, Hermosillo with 10.2 thousand fewer passengers, Manzanillo with 9.4 thousand fewer passengers, La Paz

 

GAP 1Q09

Page 3 of 16

 



 

 

with 5.4 thousand fewer passengers, Los Mochis with 2.2 thousand fewer passengers and Tijuana with 1.5 thousand fewer passengers.

 

With respect to the Guadalajara airport, the decline in international passenger traffic was principally due to decreased passenger traffic to and from Los Angeles, Dallas, Chicago, and Atlanta, among others. This was mainly due to the reduction in operations by American Airlines and Delta, as well as the cessation of operations by ATA Airlines.

 

The decline in international traffic in the Puerto Vallarta airport was mainly due to decreased passenger traffic on routes to Chicago, Los Angeles, Minneapolis, San Francisco and Denver, among others, mainly caused by the reduction in operations by Frontier, Alaska Airlines and American Airlines.

 

The decline in the Guanajuato airport was due to decreased passenger traffic to and from Los Angeles, Dallas and Houston, which was mainly due to the cessation of operations by Delta Airlines from this airport, as well as reductions of operations by Mexicana and American Eagle.

 

In the case of the Los Cabos airport, the decrease was due to decreased passenger traffic on routes to and from Chicago, Los Angeles, San Francisco, Denver, Atlanta and Detroit, among others, which was mainly due to the reduction in operations by Frontier, American Airlines, Delta and Alaska Airlines.

 

This excerpt taken from the PAC 6-K filed Apr 30, 2009.
     For more information, visit: www.aeropuertosgap.com.mx or contact:


 

In Mexico

In the U.S.

 

Miguel Aliaga, Investor Relations Officer

Maria Barona / Kenia Vargas

 

Grupo Aeroportuario del Pacífico, S.A.B. de C.V.

i-advize Corporate Communications

 

Tel: 01 (333) 8801100 ext 216

Tel: 212 406 3691

 

maliaga@aeropuertosgap.com.mx

gap@i-advize.com

 



 

 

action taken will most certainly benefit everyone and will help in overcoming this problem currently affecting Mexico. As this is a contingency, it is subject to change. The Company will continue to update the market as necessary.

 

***

This excerpt taken from the PAC 6-K filed Apr 28, 2009.
       For more information, visit: www.aeropuertosgap.com.mx or contact:


 

In Mexico

In the United States

 

Miguel Aliaga, Investor Relations Officer

Maria Barona / Kenia Vargas

 

Grupo Aeroportuario del Pacífico, S.A.B. de C.V.

i-advize Corporate Communications

 

Tel: 01 (333) 8801100 ext 216

Tel: 212 406 3690

 

maliaga@aeropuertosgap.com.mx

gap@i-advize.com

 



 

 

 

If necessary, the Company will issue another press release to inform regarding the measures established at the Company’s airports.

 

***

This excerpt taken from the PAC 6-K filed Apr 6, 2009.
       For more information, visit: www.aeropuertosgap.com.mx or contact:


 

In Mexico

In the United States

 

Miguel Aliaga, Investor Relations Officer

Maria Barona / Peter Majeski

 

Grupo Aeroportuario del Pacífico, S.A.B. de C.V.

i-advize Corporate Communications

 

Tel: 01 (333) 8801100 ext 216

Tel: 212 406 3690

 

maliaga@aeropuertosgap.com.mx

gap@i-advize.com




 

 

 

This excerpt taken from the PAC 6-K filed Mar 27, 2009.
       For more information, visit: www.aeropuertosgap.com.mx or contact:


 

In Mexico

In the United States

 

Miguel Aliaga, Investor Relations Officer

Maria Barona / Kenia Vargas

 

Grupo Aeroportuario del Pacífico, S.A.B. de C.V.

i-advize Corporate Communications

 

Tel: 01 (333) 8801100 ext 216

Tel: 212 406 3691

 

maliaga@aeropuertosgap.com.mx

gap@i-advize.com

 



 


This excerpt taken from the PAC 6-K filed Feb 12, 2008.
For more information, visit: www.aeropuertosgap.com.mx or contact:

 

In Mexico In the U.S.
Miguel Aliaga, Investor Relations Officer Maria Barona / Peter Majeski
Grupo Aeroportuario del Pacifico, S.A.B. de C.V. i-advize Corporate Communications
Tel: 01 (333) 8801100 ext 216 Tel: 212 406 3690
maliaga@aeropuertosgap.com.mx gap@i-advize.com 
 


At the Puerto Vallarta airport, the growth was due to the recovery in traffic on the routes to and from Los Angeles, Dallas, Phoenix, San Francisco, Denver, Houston, Minneapolis, Atlanta, Salt Lake City and Canada. In the case of the Los Cabos airport, the increase was due to a recovery on the routes to and from California, Phoenix, Dallas, Denver, Houston, Seattle, Atlanta, Newark, Portland and Canada.

At the airport of Morelia, there was a decrease in the number of international terminal passengers that was possibly a result of the substitution effect as several of the LCC’s have increased the number of frequencies to and from Tijuana. This resulted in numerous passengers choosing to fly to the southern region of the U.S. via Tijuana due to lower fares, therefore lowering the volume of passengers flying to and from California. In addition, there was a decrease in the number of passengers traveling to and from Chicago.

At the Bajio airport, the decline was due to a decrease in passengers on the routes to and from Dallas, Chicago, Oakland and San Jose (California).

This excerpt taken from the PAC 6-K filed Jan 16, 2008.
For more information, visit: www.aeropuertosgap.com.mx or contact:

 

In Mexico In the U.S.
Miguel Aliaga, Investor Relations Officer Maria Barona / Peter Majeski
Grupo Aeroportuario del Pacifico, S.A.B. de C.V. i-advize Corporate Communications
Tel: 01 (333) 8801100 ext 216 Tel: 212 406 3690
maliaga@aeropuertosgap.com.mx gap@i-advize.com 
 



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 800-759-0045. GAP’s Audit Committee will be notified of all complaints for immediate investigation.

 

 

 

 

 

Page 2 of 2

 

 


 

This excerpt taken from the PAC 6-K filed Jan 16, 2008.
For more information, visit: www.aeropuertosgap.com.mx or contact:

 

In Mexico In the U.S.
Miguel Aliaga, Investor Relations Officer Maria Barona / Peter Majeski
Grupo Aeroportuario del Pacifico, S.A.B. de C.V. i-advize Corporate Communications
Tel: 01 (333) 8801100 ext 216 Tel: 212 406 3690
maliaga@aeropuertosgap.com.mx gap@i-advize.com 
 

 



 

 

The growth at the Los Cabos airport was due to a recovery on the routes to and from California, Phoenix, Dallas, Denver, Houston, Seattle, Atlanta, Newark, Portland and Canada. In the case of the Puerto Vallarta airport, the growth was due to the recovery in traffic on the routes to and from Los Angeles, Dallas, Phoenix, Denver, Newark, Portland and Canada.

 

At the airport of Morelia, there was a decrease in the number of international terminal passengers that was possibly a result of the substitution effect as several of the LCC’s have increased the number of frequencies to and from Tijuana. This resulted in numerous passengers choosing to fly to the U.S. via Tijuana due to lower fares, therefore lowering the volume of passengers flying to and from California.

 

At the Bajio airport, the decline was due to a decrease in passengers on the routes to and from Houston, Dallas, Chicago, Oakland and San Jose (California), while at Mexicali, the decrease was a result of lower traffic of private flights.

 

Additionally, it is important to highlight that during the month of December the following new routes were launched by the airline Mexicana de Aviación: Aguascalientes to Chicago and Puerto Vallarta to Los Angeles.

 

This excerpt taken from the PAC 6-K filed Jan 11, 2008.
For more information, visit: www.aeropuertosgap.com.mx or contact:

 

In Mexico In the U.S.
Miguel Aliaga, Investor Relations Officer Maria Barona / Peter Majeski
Grupo Aeroportuario del Pacifico, S.A.B. de C.V. i-advize Corporate Communications
Tel: 01 (333) 8801100 ext 216 Tel: 212 406 3690
maliaga@aeropuertosgap.com.mx gap@i-advize.com 
 


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 800-759-0045. GAP’s Audit Committee will be notified of all complaints for immediate investigation.

 

 

 

 

 

 

 

Page 2 of 2

 

 


 

This excerpt taken from the PAC 6-K filed Jul 6, 2007.
For more information, visit: www.aeropuertosgap.com.mx or contact:

 

     In Mexico In the U.S.
       Miguel Aliaga, Investor Relations Officer Maria Barona
    Peter Majeski
     Grupo Aeroportuario del Pacifico, S.A.B. de C.V. i-advize Corporate Communications, Inc.
     Tel: 01 (333) 8801100 ext 216 Tel: 212-406-3690
     maliagag@aeropuertosgap.com.mx gap@i-advize.com

 

 


 

 

The decrease in international passenger traffic at the Los Cabos airport in June 2007 compared to June 2006 was due to the effects of Hurricane Wilma, which caused damage to airports and destinations along Mexico’s Gulf Coast and generated higher traffic at the Los Cabos airport last year.   

 

On the other hand, it is worth mentioning the passenger growth at the airports of La Paz ,with 3.5 thousand additional passengers; Tijuana, with 1.7 thousand passengers; Puerto Vallarta, with 1.3 thousand passengers; Manzanillo, with 0.7 passengers; Los Mochis, with 0.4 thousand passengers; and Mexicali, with 0.1 thousand passengers (for a total increase of 7.7 thousand international passengers at these airports compared to June 2006).

 

This excerpt taken from the PAC 6-K filed Jun 8, 2007.
     For more information, visit: www.aeropuertosgap.com.mx or contact:

 

     In Mexico In the U.S.
     Rodrigo Guzman Perera, Chief Financial Officer Maria Barona
     Miguel Aliaga, Investor Relations Officer Peter Majeski
     Grupo Aeroportuario del Pacifico, S.A.B. de C.V. i-advize Corporate Communications, Inc.
     Tel: 01 (333) 8801100 ext 212 / 216 Tel: 212-406-3690
     maliagag@aeropuertosgap.com.mx gap@i-advize.com

 


 

 

Decreases in international passenger traffic at the Guadalajara, Bajio Aguascalientes and Morelia airports were possibly a result of the substitution effect as several of the LCC’s have increased the number of frequencies to and from Tijuana. This resulted in numerous passengers choosing to fly to the U.S. via Tijuana due to lower fares, therefore decreasing traffic on flights to and from California.

 

Decreases in international passenger traffic at the Hermosillo airport resulted from the suspension of Hermosillo-Phoenix route.

 

It is important to mention that the decreases in international traffic at the Los Cabos and Puerto Vallarta airports were due to the effect of Hurricane Wilma, which took place in 2005. During 2005, these destinations experienced higher passenger traffic due to the effects of the hurricane, which caused damages to other tourist destinations and airports located in Gulf of Mexico region, and thus, drove passenger traffic to GAP’s regions.

 

This excerpt taken from the PAC 6-K filed Mar 8, 2007.

For more information, visit: www.aeropuertosgap.com.mx or contact:

In Mexico    In the U.S. 
Rodrigo Guzman Perera, Chief Financial Officer    Maria Barona 
Miguel Aliaga, Investor Relations Officer    Peter Majeski 
 
Grupo Aeroportuario del Pacifico, S.A.B. de C.V.    i-advize Corporate Communications 
Tel: 01 (333) 8801100 ext 216    Tel: 212 406 3690 
maliagag@aeropuertosgap.com.mx    gap@i-advize.com 


Decreases in international passenger traffic at the Guadalajara, Bajio and Morelia airports was possibly a result of the substitution effect as several of the LCC’s have increased the number of frequencies to and from Tijuana. This resulted in numerous passengers choosing to fly to the U.S. via Tijuana due to lower fares, therefore decreasing traffic on flights to and from California.

Decreases in international passenger traffic at the Hermosillo airport resulted from the suspension of Hermosillo-Los Angeles route operated by Aerocalifornia. Delta Airlines resumed service to this route in early February, however, it is to early to tell how this will affect the Company.

It is important to mention that the decreases in international traffic at the Los Cabos and Puerto Vallarta airports were due to the effect of Hurricane Wilma, which took place in 2005. During 2005, these destinations experienced higher passenger traffic due to the effects of the hurricane, which caused damages to other tourist destinations and airports located in Gulf of Mexico region, and thus, drove passenger traffic to GAP’s regions.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki