Reported Earlier, Grupo Aeroportuario del Pacifico August 2024 Passenger Traffic Decreased 7.2% Compared To 2023
Portfolio Pulse from Benzinga Newsdesk
Grupo Aeroportuario del Pacifico (PAC) reported a 7.2% decrease in passenger traffic for August 2024 compared to the previous year. Key airports like Los Cabos, Tijuana, Puerto Vallarta, and Guadalajara saw declines, with Montego Bay also experiencing a drop.
September 05, 2024 | 7:30 am
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NEGATIVE IMPACT
Grupo Aeroportuario del Pacifico (PAC) experienced a 7.2% decrease in passenger traffic in August 2024 compared to August 2023. This decline could impact revenue and investor sentiment negatively.
The decrease in passenger traffic at key airports like Los Cabos and Tijuana suggests a potential decline in revenue for PAC. This could lead to negative investor sentiment and a short-term decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100