GUADALAJARA,
Mexico,
April 9 /PRNewswire-FirstCall/ -- Grupo Aeroportuario
del Pacifico, S.A.B. de C.V. (NYSE: PAC) (BMV: GAP) ("The Company" or "GAP")
today announced terminal passenger traffic figures for the month of
March 2007
compared to traffic figures for
March 2006.
During March 2007, total terminal passenger increased 11.5% compared to
March 2006, driven by domestic passenger traffic, which grew 25.0%.
Compared to March 2006, domestic terminal traffic registered a net
increase of 258.1 thousand passengers, mainly driven by passenger traffic
growth at the Guadalajara, Tijuana, Hermosillo, Bajio, Puerto Vallarta, Los
Cabos, La Paz, Mexicali, Morelia and Los Mochis airports. The airports with
the most notable increases were Tijuana with 93.7 thousand passengers,
Guadalajara with 85.5 thousand passengers, Bajio with 19.2 thousand
passengers, Los Cabos with 14.9 thousand passengers, Hermosillo with 11.9
thousand passengers, Puerto Vallarta with 11.4 thousand passengers, Morelia
with 8.7 thousand passengers, La Paz with 7.5 thousand passengers and Los
Mochis with 6.4 thousand passengers (representing a total increase of 262.1
thousand domestic passengers in March 2007, compared to March 2006).
In the case of Guadalajara, Bajio, Los Mochis, La Paz, Puerto Vallarta,
Los Cabos, Tijuana and Morelia, the increases continue to be largely
attributable to the routes operated by low-cost carriers (LCC's) such as
Interjet, Volaris, Alma, Click, VivaAerobus and Avolar.
At the same time, GAP experienced declines in domestic passenger traffic
at the airports in Manzanillo with 4.1 thousand passengers and Aguascalientes
with 1.8 thousand passengers, representing a total decrease of 5.6 thousand
domestic passengers at these airports compared to March 2006.
In terms of international terminal passenger traffic, there were increases
at the La Paz airport with 1.3 thousand passengers, Tijuana with 1.1 thousand
passengers, Manzanillo with 0.8 thousand passengers and Aguascalientes with
0.2 thousand passengers, representing a total increase of 4 thousand
international passengers at these airports compared to March 2006.
International traffic during March 2007 declined 5.2% compared to March
2006, with 43.3 thousand fewer passengers.
Decreases in international passenger traffic at the Guadalajara, Bajio and
Morelia airports were possibly a result of the substitution effect as several
of the LCC's have increased the number of frequencies to and from Tijuana.
This resulted in numerous passengers choosing to fly to the U.S. via Tijuana
due to lower fares, therefore decreasing traffic on flights to and from
California.
Decreases in international passenger traffic at the Hermosillo airport
resulted from the suspension of the Hermosillo-Los Angeles route operated by
Aerocalifornia. Delta Airlines resumed service on this route in early
February; however, it is to early to ascertain the effects on the Company.
It is important to mention that the decreases in international traffic at
the Los Cabos and Puerto Vallarta airports were due to the effect of Hurricane
Wilma, which took place in 2005. During 2005, these destinations experienced
higher passenger traffic due to the effects of the hurricane, which caused
damages to other tourist destinations and airports located in the Gulf of
Mexico region, and thus drove passenger traffic to GAP's regions.
Low-Cost Carriers
At the close of March 2007, the weekly schedule of flights operated by
LCC's increased by 54 weekly segments compared to February 2007. As a result,
GAP's airports currently have a total of 673 segments, totaling 38 routes
operated by LCC's.
During March 2007, a total of 389.9 thousand passengers were transported
by LCC's (Interjet, Avolar, Volaris, Alma, Click and VivaAerobus),
representing 30.2% of domestic passenger traffic for the month.
Currently, LCC's operate at nine out of the Company's twelve airports.
Company Description:
Grupo Aeroportuario del Pacifico, 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,
Bajio, 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: http://www.aeropuertosgap.com.mx or contact:
In Mexico
Rodrigo Guzman Perera, Chief Financial Officer
Miguel Aliaga, Investor Relations Officer
Grupo Aeroportuario del Pacifico, S.A.B. de C.V.
Tel: 01 (333) 8801100 ext 216
maliagag@aeropuertosgap.com.mx
In the U.S.
Maria Barona
Peter Majeski
i-advize Corporate Communications, Inc.
Tel: 212-406-3690
gap@i-advize.com
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