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Grupo Aeroportuario del Pacifico (NYSE:PAC) reported a 3.1% increase in total terminal passengers for July 2025 compared to July 2024, reaching 5.8 million passengers. The company’s 12 Mexican airports saw domestic traffic grow by 4.0% and international traffic rise by 1.9%.
Notable performances include Montego Bay with a 15.2% increase in passenger traffic, while Tijuana experienced a 3.1% decrease. The company’s available seats increased by 6.0%, though load factors decreased from 87.2% to 84.8%. GAP also launched multiple new routes across its network, particularly expanding connectivity for Morelia airport.
Grupo Aeroportuario del Pacífico (NYSE:PAC) ha riportato un aumento del 3,1% nel numero totale di passeggeri terminal per luglio 2025 rispetto a luglio 2024, raggiungendo 5,8 milioni di passeggeri. I 12 aeroporti messicani della compagnia hanno registrato una crescita del traffico nazionale del 4,0% e un incremento del traffico internazionale del 1,9%.
Tra le performance più rilevanti spicca Montego Bay con un aumento del 15,2% del traffico passeggeri, mentre Tijuana ha subito una diminuzione del 3,1%. I posti disponibili sono aumentati del 6,0%, sebbene il fattore di riempimento sia sceso dal 87,2% all’84,8%. GAP ha inoltre inaugurato numerose nuove rotte nella sua rete, espandendo in particolare la connettività per l’aeroporto di Morelia.
Grupo Aeroportuario del Pacífico (NYSE:PAC) reportó un aumento del 3,1% en el total de pasajeros terminales para julio de 2025 en comparación con julio de 2024, alcanzando 5,8 millones de pasajeros. Los 12 aeropuertos mexicanos de la compañía registraron un crecimiento del tráfico doméstico del 4,0% y un incremento del tráfico internacional del 1,9%.
Destacan los resultados de Montego Bay con un aumento del 15,2% en el tráfico de pasajeros, mientras que Tijuana experimentó una disminución del 3,1%. Los asientos disponibles aumentaron un 6,0%, aunque los factores de ocupación bajaron del 87,2% al 84,8%. GAP también lanzó múltiples nuevas rutas en su red, ampliando especialmente la conectividad para el aeropuerto de Morelia.
그루포 아에로푸에르투아리오 델 파시피코 (NYSE:PAC)는 2025년 7월 총 터미널 승객 수가 2024년 7월 대비 3.1% 증가하여 580만 명에 달했다고 보고했습니다. 회사가 운영하는 12개의 멕시코 공항에서는 국내 교통이 4.0% 증가했고 국제 교통도 1.9% 상승했습니다.
특히 몬테고 베이는 승객 수가 15.2% 증가했으며, 티후아나는 3.1% 감소했습니다. 이용 가능한 좌석 수는 6.0% 늘었으나 탑승률은 87.2%에서 84.8%로 하락했습니다. GAP는 또한 네트워크 전반에 걸쳐 여러 신규 노선을 개설했으며, 특히 모렐리아 공항의 연결성을 확장했습니다.
Grupo Aeroportuario del Pacífico (NYSE:PAC) a annoncé une augmentation de 3,1% du nombre total de passagers en terminal pour juillet 2025 par rapport à juillet 2024, atteignant 5,8 millions de passagers. Les 12 aéroports mexicains de la société ont vu le trafic domestique croître de 4,0% et le trafic international augmenter de 1,9%.
Parmi les performances notables, Montego Bay a enregistré une hausse de 15,2% du trafic passagers, tandis que Tijuana a connu une baisse de 3,1%. Les sièges disponibles ont augmenté de 6,0%, bien que le taux de remplissage soit passé de 87,2% à 84,8%. GAP a également lancé plusieurs nouvelles routes à travers son réseau, élargissant notamment la connectivité de l’aéroport de Morelia.
Grupo Aeroportuario del Pacífico (NYSE:PAC) meldete für Juli 2025 im Vergleich zu Juli 2024 einen 3,1%igen Anstieg der Gesamtzahl der Terminalpassagiere und erreichte 5,8 Millionen Passagiere. Die 12 mexikanischen Flughäfen des Unternehmens verzeichneten ein Wachstum des Inlandsverkehrs um 4,0% und des internationalen Verkehrs um 1,9%.
Besonders hervorzuheben ist Montego Bay mit einem 15,2%igen Anstieg des Passagieraufkommens, während Tijuana einen Rückgang von 3,1% verzeichnete. Die verfügbaren Sitzplätze stiegen um 6,0%, jedoch sank die Auslastung von 87,2% auf 84,8%. GAP hat zudem mehrere neue Strecken im Netzwerk gestartet und dabei insbesondere die Anbindung des Flughafens Morelia ausgebaut.
Positive
- Total passenger traffic increased 3.1% to 5.8 million passengers
- Montego Bay airport showed strong growth with 15.2% increase in traffic
- Domestic passenger traffic grew 4.0% across Mexican airports
- Significant network expansion with multiple new routes added
- Available seats capacity increased by 6.0%
Negative
- Load factors decreased from 87.2% to 84.8%
- Tijuana airport traffic declined 3.1%
- CBX users at Tijuana decreased 11.8%
- Puerto Vallarta international traffic decreased 5.1%
Insights
GAP reports 3.1% traffic growth with strong domestic performance, though international growth slowed with mixed airport results.
Grupo Aeroportuario del Pacífico’s 3.1% passenger growth in July 2025 continues their recovery trajectory but reveals significant operational divergence across their airport portfolio. The 4.0% increase in domestic traffic substantially outperformed the modest 1.9% growth in international passengers, pointing to stronger local Mexican travel demand versus international tourism.
The standout performer was Montego Bay with 15.2% international growth, likely benefiting from new routes including Baltimore-Washington and Quito connections. This Jamaica asset is providing crucial diversification as Mexican airports showed mixed performance. Smaller regional airports like Mexicali (27.6%), Morelia (22.2%), and Los Mochis (22.0%) delivered exceptional growth, suggesting GAP’s strategy of developing secondary markets is bearing fruit.
However, concerning signals emerged from Tijuana’s 3.1% decline, particularly the 11.8% drop in CBX border crossing users which typically represent higher-yield passengers. The reduction suggests possible challenges in cross-border travel that could impact profitability despite overall traffic growth. This decline merits scrutiny as Tijuana represents approximately 20% of GAP’s total passenger volume.
The decrease in load factors from 87.2% to 84.8% despite a 6.0% increase in seat capacity signals potential yield pressure. Airlines are adding capacity faster than passenger demand is growing, which typically leads to fare competition and potentially lower aeronautical revenues per passenger for GAP.
GAP’s aggressive route development strategy is evident with 17 new routes launched, primarily enhancing connectivity for Morelia (8 new routes) and expanding international connectivity to the US. This network expansion should support continued traffic growth but may temporarily suppress load factors until demand fully materializes for these routes.
08/05/2025 – 09:05 PM
GUADALAJARA, Mexico, Aug. 05, 2025 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announces preliminary terminal passenger traffic figures for July 2025, compared with July 2024.
During this period, the total number of terminal passengers at GAP’s 12 Mexican airports increased by 1.8%, compared to July 2024. Guadalajara and Puerto Vallarta airports presented an increase in passenger traffic of 0.7% and 0.4%, respectively, while Los Cabos remained flat and Tijuana airport decreased 3.1%, compared to July 2024. On the other hand, Montego Bay presented an increase in passenger traffic of 15.2%, compared to July 2024.
Domestic Terminal Passengers (in thousands):
| Airport | Jul-24 | Jul-25 | % Change | Jan – Jul 24 | Jan – Jul 25 | % Change |
| Guadalajara | 1,085.2 | 1,092.5 | 0.7% | 6,751.7 | 7,204.6 | 6.7% |
| Tijuana* | 763.8 | 776.3 | 1.6% | 4,847.2 | 4,972.9 | 2.6% |
| Los Cabos | 293.5 | 282.9 | (3.6%) | 1,621.8 | 1,691.5 | 4.3% |
| Puerto Vallarta | 306.8 | 321.5 | 4.8% | 1,624.2 | 1,805.4 | 11.2% |
| Montego Bay | 0.0 | 0.0 | N/A | 0.0 | 0.0 | N/A |
| Guanajuato | 185.4 | 204.0 | 10.1% | 1,183.6 | 1,296.4 | 9.5% |
| Hermosillo | 183.7 | 195.6 | 6.5% | 1,172.2 | 1,249.8 | 6.6% |
| Kingston | 0.4 | 0.1 | (69.6%) | 1.6 | 0.3 | (81.3%) |
| Morelia | 58.5 | 76.3 | 30.3% | 358.0 | 435.5 | 21.6% |
| La Paz | 116.6 | 126.4 | 8.4% | 676.0 | 735.1 | 8.8% |
| Mexicali | 95.1 | 121.4 | 27.7% | 609.7 | 720.2 | 18.1% |
| Aguascalientes |
