“`html
Grupo Aeroportuario del Pacífico (NYSE: PAC), the operator of 12 airports across Mexico and the Caribbean, has announced the suspension of operations at its Kingston and Montego Bay airports in Jamaica due to Hurricane Melissa. The Category 5 storm forced the closure of Kingston Airport on October 25th at 9:00 p.m. local time, followed by Montego Bay Airport on October 26th at 12:00 p.m.
GAP is currently assessing the extent of the damage inflicted by the hurricane and is collaborating with aviation authorities and civil protection agencies to expedite the resumption of services. A key priority is facilitating the arrival of humanitarian aid to the affected regions.
The Jamaican airports are significant contributors to GAP’s overall performance. In the first nine months of 2025, they accounted for approximately 11.0% of the company’s total passenger traffic and 8.8% of its consolidated EBITDA. While the precise impact on the full-year results remains uncertain, analysts anticipate a temporary decline in revenue and profitability linked to the duration of the airport closures.
“Our immediate focus is on the safety and well-being of our employees, passengers, and the surrounding communities,” stated Raúl Revuelta Musalem, CEO of Grupo Aeroportuario del Pacífico. “We are working diligently to assess the damage and restore operations as quickly as possible, ensuring the airports can serve as vital gateways for humanitarian assistance.”
The suspension of operations highlights the vulnerability of airport infrastructure to extreme weather events, a growing concern in the context of climate change. GAP’s ability to quickly assess damages, coordinate with relevant authorities, and implement effective recovery strategies will be crucial in minimizing the disruption and ensuring a swift return to normal operations. Investors will be closely watching for updates on the damage assessment and the estimated timeline for resuming services, as the company has stated it will provide timely updates on the progress of the damage assessment.
Positive
Jamaican airports accounted for 11.0% of GAP total passenger traffic (9M2025)
Jamaican operations contributed 8.8% of consolidated EBITDA (9M2025)
Company coordinating with authorities to prioritize humanitarian aid access
Negative
Operations suspended at Kingston on Oct 25, 2025 at 9:00 p.m.
Operations suspended at Montego Bay on Oct 26, 2025 at 12:00 p.m.
Both airports have remained closed since the weekend while damage is assessed
Hurricane Melissa forced full suspensions at GAP’s Kingston and Montego Bay airports, affecting material traffic and EBITDA contributions.
Operations at Kingston and Montego Bay were suspended on October 25 and October 26 respectively, and terminals have remained closed since the weekend, halting passenger flows from two Jamaican airports that accounted for 11.0% of total passenger traffic and 8.8% of consolidated EBITDA in the first nine months of 2025. The company is assessing damage and coordinating with authorities to restore service and enable humanitarian aid arrivals.
Recovery depends on the extent of infrastructure damage, the timeline and instructions from aviation and civil protection authorities, and the company’s assessment process; the release states only ongoing damage assessments and no fixed restart date. Watch for updates on the damage assessment findings and any estimated timeline to resume operations, which the company said it will provide as assessments progress; near-term passenger and EBITDA performance will reflect the duration of the closures.
10/28/2025 – 08:15 PM
GUADALAJARA, Mexico, Oct. 28, 2025 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) reports that, due to Hurricane Melissa, a Category 5 storm, airport operations in Jamaica have been affected. Operations at Kingston Airport were suspended on October 25 at 9:00 p.m., and at Montego Bay Airport on October 26 at 12:00 p.m., following the deterioration of weather conditions and in compliance with instructions from aviation and civil protection authorities.
At this time, all efforts are focused on resuming operations at both airports as soon as possible in order to facilitate the arrival of humanitarian aid to the country. GAP continues to assess the impact on airport facilities and is working in coordination with authorities to restore normal operations.
Raúl Revuelta Musalem, Chief Executive Officer of Grupo Aeroportuario del Pacífico (GAP), stated:
“Our priority at this moment is the safety and protection of the lives and well-being of our employees, their families, and the airport community, as well as the stranded passengers and the communities near the Jamaican airports. Our airport terminals in Kingston and Montego Bay have remained closed since the weekend, and we are currently assessing the damage to restore operations as soon as conditions allow. Our entire team is fully committed to safely reopening the airports so that they may serve as a gateway for humanitarian aid. We remain in constant communication with local authorities and emergency agencies to follow their guidance and support the recovery of airport infrastructure. Our mission is to serve as a key point for the island’s recovery.”
During the first nine months of 2025, the airports in Jamaica represented 11.0% of GAP’s total passenger traffic and 8.8% of consolidated EBITDA.
GAP will continue monitoring the situation and will provide timely updates on the progress of damage assessments, operating conditions at both airports, and the estimated timeline for the resume of operations.
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 Norman Manley International Airport operation 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 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 involve criminal conduct or violations. The telephone number in Mexico, facilitated by a third party responsible for collecting these complaints, is 800 04 ETICA (38422) or WhatsApp +52 55 6538 5504. The website is www.lineadedenunciagap.com or by email at [email protected]. GAP’s Audit Committee will be notified of all complaints for immediate investigation.
When did GAP (NYSE: PAC) suspend operations at Kingston and Montego Bay due to Hurricane Melissa?
Kingston operations were suspended on Oct 25, 2025 at 9:00 p.m. and Montego Bay on Oct 26, 2025 at 12:00 p.m..
How much of GAP’s traffic and EBITDA did Jamaica represent in the first nine months of 2025?
Jamaican airports represented 11.0% of total passenger traffic and 8.8% of consolidated EBITDA (9M2025).
What is GAP doing to restore operations at PAC airports in Jamaica after Hurricane Melissa?
GAP is assessing damage, coordinating with local authorities and emergency agencies, and prioritizing safe reopening to facilitate humanitarian aid.
Will GAP provide updates on the timeline to resume operations at Kingston and Montego Bay?
Yes. GAP said it will continue monitoring the situation and provide timely updates on damage assessments, operating conditions, and estimated timelines.
Does GAP mention employee and passenger safety in the Hurricane Melissa report for PAC?
Yes. GAP emphasized the safety and protection of employees, their families, stranded passengers, and nearby communities as a priority.
