GlobeNewswire Inc | Jan 5, 2021 08:28PM EST

January 06, 2021

GUADALAJARA, Mexico, Jan. 05, 2021 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacifico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (the Company or GAP) announced preliminary terminal passenger traffic figures for the month of December 2020, compared to traffic figures for December 2019.

For December 2020, the total number of terminal passengers at GAPs 14 airports decreased by 37.1%, compared to the same period of the previous year. Domestic passenger traffic decreased by 23.2%, while international passenger traffic decreased by 52.3%.

Domestic Terminal Passengers 14 airports (in thousands):

Airport Dec-19 Dec-20 % Change Jan-Dec 19 Jan-Dec 20 % ChangeGuadalajara 911.7 630.0 (30.9 %) 10,495.8 5,768.1 (45.0 %)Tijuana* 519.0 516.9 (0.4 %) 5,979.7 4,597.3 (23.1 %)Los Cabos 161.5 147.6 (8.6 %) 1,915.7 1,215.3 (36.6 %)Puerto Vallarta 166.2 112.8 (32.1 %) 1,839.3 951.5 (48.3 %)Montego Bay 0.9 0.0 (100.0 %) 9.2 1.0 (89.7 %)Guanajuato 182.3 113.6 (37.7 %) 2,056.9 1,051.5 (48.9 %)Hermosillo 159.7 97.1 (39.2 %) 1,803.8 939.4 (47.9 %)Mexicali 110.4 79.4 (28.1 %) 1,191.9 690.9 (42.0 %)Morelia 51.9 45.3 (12.6 %) 478.8 387.3 (19.1 %)Kingston 1.5 0.0 (98.3 %) 3.2 1.4 (56.8 %)La Paz 88.7 68.1 (23.2 %) 995.4 566.5 (43.1 %)Aguascalientes 57.0 38.9 (31.8 %) 635.2 356.0 (44.0 %)Los Mochis 33.8 29.0 (14.1 %) 384.4 211.2 (45.0 %)Manzanillo 8.7 5.6 (36.0 %) 95.3 49.1 (48.5 %)Total 2,453.2 1,884.5 (23.2 %) 27,884.8 16,786.6 (39.8 %)

International Terminal Passengers 14 airports (in thousands):

Airport Dec-19 Dec-20 % Change Jan-Dec 19 Jan-Dec 20 % ChangeGuadalajara 427.5 286.4 (33.0 %) 4,350.5 2,357.5 (45.8 %)Tijuana* 333.4 173.9 (47.8 %) 2,946.1 1,719.3 (41.6 %)Los Cabos 361.7 198.4 (45.2 %) 3,693.4 1,848.9 (49.9 %)Puerto Vallarta 353.5 135.1 (61.8 %) 3,212.5 1,584.6 (50.7 %)Montego Bay 448.5 122.0 (72.8 %) 4,698.4 1,609.6 (65.7 %)Guanajuato 69.5 41.5 (40.2 %) 698.9 336.2 (51.9 %)Hermosillo 6.9 6.7 (1.7 %) 70.2 44.8 (36.2 %)Mexicali 0.7 0.3 (58.2 %) 6.9 2.3 (66.5 %)Morelia 42.8 31.6 (26.1 %) 418.9 244.0 (41.8 %)Kingston 172.7 57.5 (66.7 %) 405.5 628.0 54.9 %La Paz 0.9 0.9 (1.3 %) 12.8 6.6 (48.3 %)Aguascalientes 22.0 17.4 (20.9 %) 223.2 119.5 (46.5 %)Los Mochis 0.5 0.3 (37.3 %) 6.9 2.4 (64.9 %)Manzanillo 10.2 1.7 (82.9 %) 79.4 37.1 (53.2 %)Total 2,250.7 1,073.9 (52.3 %) 20,823.8 10,541.0 (49.4 %)

Total Terminal Passengers 14 airports (in thousands):

Airport Dec-19 Dec-20 % Change Jan-Dec 19 Jan-Dec 20 % ChangeGuadalajara 1,339.1 916.4 (31.6 %) 14,846.3 8,125.6 (45.3 %)Tijuana* 852.5 690.9 (19.0 %) 8,925.9 6,316.6 (29.2 %)Los Cabos 523.2 346.0 (33.9 %) 5,609.1 3,064.2 (45.4 %)Puerto Vallarta 519.7 247.9 (52.3 %) 5,051.9 2,536.1 (49.8 %)Montego Bay 449.4 122.0 (72.8 %) 4,707.7 1,610.5 (65.8 %)Guanajuato 251.8 155.1 (38.4 %) 2,755.8 1,387.7 (49.6 %)Hermosillo 166.5 103.9 (37.6 %) 1,874.1 984.2 (47.5 %)Mexicali 111.1 79.7 (28.3 %) 1,198.8 693.2 (42.2 %)Morelia 94.7 76.9 (18.7 %) 897.8 631.3 (29.7 %)Kingston 174.2 57.6 (66.9 %) 408.7 629.4 54.0 %La Paz 89.6 69.0 (23.0 %) 1,008.1 573.1 (43.1 %)Aguascalientes 79.0 56.3 (28.7 %) 858.4 475.6 (44.6 %)Los Mochis 34.3 29.3 (14.4 %) 391.3 213.6 (45.4 %)Manzanillo 18.9 7.3 (61.4 %) 174.7 86.2 (50.6 %)Total 4,704.0 2,958.4 (37.1 %) 48,708.5 27,327.5 (43.9 %)

*Passengers in Tijuana who use CBX in both directions are classified as international.

CBX Users (in thousands):

Airport Dec-19 Dec-20 % Change Jan-Dec 19 Jan-Dec 20 % ChangeTijuana 328.4 171.9 (47.7 %) 2,897.9 1,705.7 (41.1 %)

Highlights for the Period:

-- The number of seats available during December 2020 declined by 21.5% compared to December 2019; load factors for the month went from 78.8% in December 2019 to 67.5% in December 2020. -- The Company assumed control of the Kingston Airport on October 10, 2019; as such, the tables include this airport and present comparative figures for the twelve months of 2020, and three months in 2019.

Company Description

Grupo Aeroportuario del Pacfico, S.A.B. de C.V. (GAP) operates 12 airports throughout Mexicos Pacific region, including the major cities of Guadalajara and Tijuana, the four tourist destinations of Puerto Vallarta, Los Cabos, La Paz and Manzanillo, and six other mid-sized cities: Hermosillo, Guanajuato, Morelia, Aguascalientes, Mexicali and Los Mochis. In February 2006, GAPs shares were listed on the New York Stock Exchange under the ticker symbol PAC and on the Mexican Stock Exchange under the ticker symbol GAP. In April 2015, GAP acquired 100% of Desarrollo de Concessioner Aeroportuarias, S.L., which owns a majority stake in MBJ Airports Limited, a company operating Sangster International Airport in Montego Bay, Jamaica. In October 2018, GAP entered into a concession agreement for the operation of the Norman Manley International Airport in Kingston, Jamaica. In October 2018, GAP entered into a concession agreement for the operation of the Norman Manley International Airport in Kingston, Jamaica and took control of the operation in October 2019.

This press release may contain forward-looking statements. These statements arestatements that are not historical facts, and are based on management?s currentview and estimates of future economic circumstances, industry conditions,company performance and financial results. The words ?anticipates?, ?believes?,?estimates?, ?expects?, ?plans? and similar expressions, as they relate to thecompany, are intended to identify forward-looking statements. Statementsregarding the declaration or payment of dividends, the implementation ofprincipal operating and financing strategies and capital expenditure plans, thedirection of future operations and the factors or trends affecting financialcondition, liquidity or results of operations are examples of forward-lookingstatements. Such statements reflect the current views of management and aresubject to a number of risks and uncertainties. There is no guarantee that theexpected events, trends or results will actually occur. The statements arebased on many assumptions and factors, including general economic and marketconditions, industry conditions, and operating factors. Any changes in suchassumptions or factors could cause actual results to differ materially fromcurrent expectations.

In accordance with Section 806 of the Sarbanes-Oxley Act of 2002 and article 42 of the Ley del Mercado de Valores, GAP has implemented a whistleblower program, which allows complainants to anonymously and confidentially report suspected activities that June involve criminal conduct or violations. The telephone number in Mexico, facilitated by a third party that is in charge of collecting these complaints, is 01 800 563 00 47. The web site is www.lineadedenuncia.com/gap. GAPs Audit Committee will be notified of all complaints for immediate investigation.

IR Contacts: Sal Villarreal, Chief Financial svillarreal@aeropuertosgap.com.mxOfficerAlejandra Soto, IR, Finance and asoto@aeropuertosgap.com.mxFinancial Planning ManagerGisela Murillo, Investor Relations gmurillo@aeropuertosgap.com.mx/ +52-33-3880-1100 ext. 20294Maria Barona, i-advize Corporate mbarona@i-advize.comCommunications