GUADALAJARA, Mexico – Grupo Aeroportuario del Pacífico (GAP), a key player in the airport management space, announced today the conclusion of its routine review of passenger tariffs and committed investments for Montego Bay’s Capital Development Program, spanning the 2026-2030 period. Shares of GAP trade on the NYSE under the ticker symbol PAC and on the Mexican Stock Exchange under the ticker symbol GAP.
The adjustments, which will affect the Sangster International Airport in Montego Bay, reveal a phased approach to passenger charges, all denominated in U.S. dollars. Here’s a breakdown:
Airport | 2026 | 2027 | 2028 | 2029 | 2030 |
Montego Bay | 17.38 | 17.79 | 18.22 | 18.65 | 19.07 |
Beyond the passenger charges, the approved investments for the Capital Development Program are significant. Here’s the planned spending schedule, also measured in millions of U.S. dollars:
Airport | 2026 | 2027 | 2028 | 2029 | 2030 | Total |
Montego Bay | 38.4 | 39.4 | 18.4 | 11.6 | 10.3 | 118.1 |
**The Bigger Picture**
GAP’s portfolio includes 12 airports in Mexico, as well as its stake in the operation of the Sangster International Airport in Montego Bay, Jamaica, and the Norman Manley International Airport in Kingston, Jamaica. This announcement underscores GAP’s commitment to strategic infrastructure investment and its long-term vision for growth in the aviation sector.
**Looking Ahead**
Investors should keep an eye on how these investments translate into improved airport infrastructure and passenger experience, and ultimately impact GAP’s financial performance.
Original article, Author: Jam. If you wish to reprint this article, please indicate the source:https://aicnbc.com/1951.html