GUADALAJARA, Mexico, Oct. 7 /PRNewswire-FirstCall/ -- Grupo Aeroportuario
del Pacifico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) ('the Company' or 'GAP')
today announced preliminary terminal passenger traffic figures for the month
of September 2008 compared to traffic figures for September 2007.
During September 2008, total terminal passengers decreased 14.1% compared
to the previous year; international passenger traffic decreased 13.5%, while
domestic passenger traffic decreased 14.3% compared to September 2007.
Compared to September 2007, domestic terminal passenger traffic in
September 2008 registered a net decrease of 168.8 thousand passengers, despite
increased passenger traffic at the airports of Los Cabos with 1.7 thousand
passengers and Puerto Vallarta with 1.5 thousand. Together, these airports
represented 3.2 thousand additional passengers.
In the case of the Puerto Vallarta airport, the increase was mainly due to
an increase in passengers on routes to and from Mexico City and Toluca.
At the Los Cabos airport, the increase was mainly due to growth in traffic
to and from Monterrey, Mexico City and Guadalajara.
However, there was a decline of 172.0 thousand passengers, mainly from the
airports of Tijuana with 88.5 thousand passengers, Guadalajara with 35.9
thousand passengers, Hermosillo with 11.4 thousand passengers, Mexicali with
8.1 thousand passengers, Guanajuato with 7.9 thousand passengers, Morelia with
6.7 thousand passengers, Los Mochis with 5.6 thousand passengers, La Paz with
3.0 thousand passengers, Aguascalientes with 2.7 thousand passengers and
Manzanillo with 2.2 thousand passengers.
In the case of the Tijuana airport, this decline was principally due to a
reduction in traffic on the routes to Guadalajara, Mexico City, Toluca,
Culiacan, Guanajuato, Morelia, Hermosillo, La Paz, Monterrey, Uruapan,
Aguascalientes, Ciudad Juarez, Acapulco and Los Mochis. These decreases were
mainly due to the suspension of Aerocalifornia's operations, and the decline
in operations from Aviacsa, Alma, VivaAerobus, Mexicana and Avolar on routes
to and from the previously-mentioned cities.
The decline at the Guadalajara airport was due to a decrease in traffic on
the routes to and from Tijuana, Monterrey, Toluca, Hermosillo, Puerto
Vallarta, Mexicali, Culiacan and Puebla. This was due to the exit of
Aerocalifornia and the reduction of frequencies from Aviacsa, Avolar, Alma,
and Aeromexico Connect.
The decline at the Hermosillo airport was due to a decrease in traffic on
the routes to and from Monterrey, Tijuana and Los Mochis.
The decline at the Mexicali airport was principally due to the decrease in
passengers on the routes to and from Mexico City, Guadalajara, Monterrey and
Culiacan. This was due to Aviacsa's ceasing of operations at the Mexicali
airport on May 12, 2008, which caused declines on the Mexico City and
Guadalajara routes, as well as VivaAerobus, which beginning in November 2007,
ceased to operate the route to Monterrey.
In the case of the Guanajuato airport, the decrease was due mainly from
the reduction in traffic on the routes to and from Tijuana, Monterrey and
Mexico City. With regards to the reductions on the Monterrey route, this was
principally due Aviacsa's ceasing of operations at the Guanajuato airport on
May 12, 2008.
The reduction at the Morelia airport was primarily due to the reduction in
traffic on the routes to Tijuana, Monterrey, Uruapan, Toluca, Guadalajara and
San Luis Potosi, caused by the fact that Aviacsa ceased operations to this
airport, as well as the decline in operations of Mexicana and Avolar compared
to 2007.
In the case of the Los Mochis airport, the decrease was caused by the
reduction in traffic on routes to and from Mexico City, Guadalajara, Tijuana,
La Paz, Hermosillo, Los Cabos and Ciudad Obregon, caused by Aerocalifornia's
suspension of operations, as well as a decrease in operations from Aeromexico
Connect and Alma.
The decline at the La Paz airport was mostly due to a decrease in traffic
on the routes to Tijuana, Guadalajara, Mexico City, Culiacan, Los Mochis,
Hermosillo, Ciudad Obregon, Loreto and La Paz, mainly a result of
Aerocalifornia's suspension, as well as the ceasing of operations of Avolar
and Aeromexico. It is important to mention that during September, Volaris
initiated operations in La Paz with destinations to Tijuana and Guadalajara,
as well as VivaAerobus initiating operations to Monterrey.
It is important to note that on July 24, 2008, the Mexican Civil Aviation
Bureau (DGAC) suspended Aerocalifornia's operations, which represented 6.1% of
GAP's total traffic. Aerocalifornia operated at five of the Company's 12
airports, representing over 40% of total traffic at the La Paz and Los Mochis
airports, which had only two exclusive routes. As of today, Aerocalifornia has
not restarted operations.
International terminal passenger traffic decreased 58.9 thousand
passengers, or 13.5%, compared to September 2007.
The airports that experienced an increase in international passenger
traffic were Hermosillo with 0.7 thousand passengers and Mexicali with 0.1
thousand passengers.
On the other hand, the following airports experienced decreases in
international passenger traffic, Guadalajara with 23.3 thousand passengers,
Puerto Vallarta with 10.9 thousand passengers, Los Cabos with 9.1 thousand
passengers, Bajio with 8.3 thousand passengers, Morelia with 3.2 thousand
passengers, Aguascalientes with 2.2 thousand passengers, Manzanillo with 1.3
thousand passengers, La Paz with 0.8 thousand passengers, Los Mochis with 0.5
thousand passengers and Tijuana with 0.2 thousand passengers.
In the case of the Guadalajara airport, the decrease was primarily due to
the decline in passengers to and from Los Angeles, Dallas, Atlanta, Portland
and Oakland.
The decrease at the Puerto Vallarta airport was due to the decline in
traffic to and from Denver, Chicago, Houston, Dallas, San Francisco, Salt Lake
City and Seattle.
In the case of Los Cabos, the decrease was due to a decline in passenger
traffic on routes to and from Denver, San Francisco and Houston.
The decrease at the Bajio airport was due to the decline in traffic to and
from Los Angeles, Houston and Chicago.
Low-Cost Carriers
At the close of September 2008, the weekly schedule of flights operated by
LCC's increased by 64 weekly segments compared to August 2008, for a total of
950 frequencies.
In September 2008, approximately 524.1 thousand passengers were
transported by the LCC's, representing approximately 51.9% of the total number
of domestic passengers for this month.
Company Description:
Grupo Aeroportuario del Pac?fico, S.A.B. de C.V. (GAP) operates twelve
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'.
This press release may contain forward-looking statements. These
statements 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 conditions, 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 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.
For more information, visit: www.aeropuertosgap.com.mx or contact:
In Mexico
Miguel Aliaga, Investor Relations Officer
Grupo Aeroportuario del Pacifico, S.A.B. de C.V.
Tel: 01 (333) 8801100 ext 216
maliaga@aeropuertosgap.com.mx
In the U.S.
Maria Barona / Peter Majeski
i-advize Corporate Communications
Tel: 212 406 3690
gap@i-advize.com
SOURCE Grupo Aeroportuario del Pacifico, S.A.B. de C.V.