Reported Earlier, Grupo Aeroportuario Del Pacifico's January 2024 Passenger Traffic Decreased By 0.6% Compared To 2023; The Load Was 81.4% Compared To 78.8% In January 2023
Portfolio Pulse from Benzinga Newsdesk
Grupo Aeroportuario Del Pacifico (GAP) reported a 0.6% decrease in January 2024 passenger traffic compared to January 2023, with a load factor of 81.4%. While Puerto Vallarta and Guadalajara saw increases in passenger traffic, Tijuana and Los Cabos experienced declines. Montego Bay reported a significant increase in passenger traffic.
February 07, 2024 | 6:07 am
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NEUTRAL IMPACT
Grupo Aeroportuario Del Pacifico's January 2024 passenger traffic decreased by 0.6% compared to January 2023, with mixed performance across its airports.
The slight decrease in passenger traffic suggests a mixed impact on PAC's short-term revenue and stock price. While the overall decrease is marginal, the improvement in load factor and increases in specific airports like Puerto Vallarta and Montego Bay could offset negative impacts. The mixed performance across different locations indicates that the impact on PAC's stock price will likely be neutral in the short term, as positive and negative factors balance each other out.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100