Reported Earlier, Grupo Aeroportuario Del Pacifico's May 2024 Passenger Traffic Decreased By 2.3% YoY; The Load Factor Was 82.9% Compared To 78.8% In May 2023
Portfolio Pulse from Benzinga Newsdesk
Grupo Aeroportuario Del Pacifico (PAC) reported a 2.3% YoY decrease in passenger traffic for May 2024, with a load factor of 82.9% compared to 78.8% in May 2023. While Puerto Vallarta airport saw a 3.2% increase, Tijuana, Guadalajara, and Los Cabos airports experienced declines of 5.2%, 2.7%, and 1.7% respectively.

June 05, 2024 | 6:25 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Grupo Aeroportuario Del Pacifico (PAC) reported a 2.3% YoY decrease in passenger traffic for May 2024. The load factor improved to 82.9% from 78.8% in May 2023. Puerto Vallarta airport saw a 3.2% increase in traffic, while Tijuana, Guadalajara, and Los Cabos airports experienced declines.
The overall decrease in passenger traffic is likely to negatively impact PAC's short-term stock price. However, the improved load factor and the increase in traffic at Puerto Vallarta may mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100