GUADALAJARA, Mexico--(BUSINESS WIRE)--Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE:PAC)(BMV:GAP) (“the Company” or “GAP”) announced today preliminary terminal passenger traffic figures for the month of August 2014 compared to traffic figures for August 2013.
During August 2014, total terminal passengers increased 4.4% compared to the same period of the previous year. Domestic passenger traffic increased 0.1%, while international passenger traffic increased 14.8% compared to August 2013.
Events for the Period
For the month of August, it is important to mention the opening of the following routes: Tijuana-Aguascalientes, Tijuana-Guanajuato, Tijuana-Culiacan and Tijuana-Oaxaca by Interjet.
During the second half of the year, passenger traffic in Tijuana benefitted from a significant increase in the number of frequencies and services offered by AeroMexico and Volaris, which generated a number of additional passengers to use this air terminal. Recently, both airlines reassigned a portion of their capacity to other destinations, and as a result, since July there has been a reduction in services as well as in the number of passengers that we expect will continue for the coming months.
The advertising and marketing campaign that began in 2013 for the Vallarta-Nayarit area, has reinitiated demand to this destination, increasing the number of international passengers that has been observed this year. There has also been a significant increase this quarter that we expect will continue to take place for the next period as well.
August traffic in these and other GAP airports is within our projections.
Grupo Aeroportuario del Pacífico, 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 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 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 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 01 800 563 00 47. The web site is www.lineadedenuncia.com/gap. GAP’s Audit Committee will be notified of all complaints for immediate investigation.