Grupo Aeroportuario Del Pacifico Reports In July 2023 A Passenger Traffic Increase Of 11.5% Compared To 2022
Portfolio Pulse from Happy Mohamed
Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) reported an 11.5% increase in passenger traffic in July 2023 compared to the same period in 2022. The company's 12 Mexican airports saw a 11.1% increase in terminal passengers, with significant increases in Guadalajara, Los Cabos, Tijuana, Puerto Vallarta, and Montego Bay.
August 04, 2023 | 8:21 pm
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Grupo Aeroportuario del Pacífico's reported increase in passenger traffic could indicate a positive financial performance, potentially leading to a short-term increase in its stock price.
Increased passenger traffic typically translates to increased revenues for airport operators. This positive news could make the company's stock more attractive to investors, potentially leading to a short-term increase in its stock price.
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