Reported Earlier, Grupo Aeroportuario del Pacifico September 2024 Passenger Traffic Decreased 3.9% Compared To 2023
Portfolio Pulse from Benzinga Newsdesk
Grupo Aeroportuario del Pacifico (PAC) reported a 3.9% decrease in passenger traffic for September 2024 compared to the previous year. While Guadalajara airport saw a 4.1% increase, Los Cabos, Tijuana, and Puerto Vallarta experienced declines of 9.9%, 6.2%, and 5.1% respectively. Montego Bay also saw an 11.5% decrease.
October 03, 2024 | 6:04 am
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Grupo Aeroportuario del Pacifico (PAC) experienced a 3.9% decrease in passenger traffic in September 2024 compared to 2023. This decline could impact revenue and investor sentiment negatively.
The decrease in passenger traffic is a direct indicator of reduced airport activity, which can lead to lower revenue from airport services and concessions. This is likely to negatively impact PAC's stock price in the short term as investors react to the decline.
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