GlobeNewswire Inc | Sep 3, 2020 07:20PM EDT

September 03, 2020

GUADALAJARA, Mexico, Sept. 03, 2020 (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 August 2020, compared to traffic figures for August 2019.

For August 2020, the total number of terminal passengers at GAPs 14 airports decreased by 51.4%, compared to the same period of the previous year. Domestic passenger traffic decreased by 45.2%, while international passenger traffic decreased by 61.1%.

Domestic Terminal Passengers 13 airports (in thousands):

Airport Aug-19 Aug-20 % Change Jan-Aug 19 Jan-Aug 20 % ChangeGuadalajara 890.4 420.9 (52.7%) 6,929.5 3,501.3 (49.5%)Tijuana* 527.8 420.4 (20.3%) 3,960.1 2,673.2 (32.5%)Los Cabos 201.3 107.1 (46.8%) 1,304.1 669.5 (48.7%)Puerto Vallarta 191.4 81.8 (57.3%) 1,226.9 547.3 (55.4%)Montego Bay 0.8 0.0 (100.0%) 6.1 1.0 (84.3%)Guanajuato 176.9 80.7 (54.4%) 1,355.5 628.4 (53.6%)Hermosillo 148.7 63.5 (57.3%) 1,174.0 568.3 (51.6%)Mexicali 101.1 54.5 (46.1%) 780.9 420.8 (46.1%)Morelia 38.3 32.0 (16.4%) 306.1 239.5 (21.8%)La Paz 95.8 44.3 (53.8%) 668.2 328.9 (50.8%)Aguascalientes 53.7 29.5 (45.1%) 414.9 214.1 (48.4%)Los Mochis 31.5 13.8 (56.1%) 254.1 118.6 (53.3%)Manzanillo 7.4 2.8 (62.7%) 64.3 30.4 (52.7%)Total 2,465.2 1,351.2 (45.2%) 18,444.7 9,941.2 (46.1%)

International Terminal Passengers 13 airports (in thousands):

Airport Aug-19 Aug-20 % Change Jan-Aug 19 Jan-Aug 20 % ChangeGuadalajara 390.9 182.6 (53.3%) 2,916.7 1,467.3 (49.7%)Tijuana* 244.3 125.0 (48.8%) 1,931.7 1,067.2 (44.8%)Los Cabos 260.5 98.0 (62.4%) 2,596.0 1,157.5 (55.4%)Puerto Vallarta 155.4 37.9 (75.6%) 2,321.3 1,184.7 (49.0%)Montego Bay 400.7 67.7 (83.1%) 3,359.2 1,276.1 (62.0%)Guanajuato 61.3 24.6 (59.9%) 480.6 208.2 (56.7%)Hermosillo 5.5 2.0 (63.7%) 46.4 25.7 (44.6%)Mexicali 0.6 0.1 (82.4%) 4.5 1.5 (67.0%)Morelia 36.3 19.9 (45.2%) 284.3 141.8 (50.1%)La Paz 0.9 0.3 (69.2%) 8.6 4.5 (48.0%)Aguascalientes 21.8 8.9 (59.2%) 145.7 68.6 (52.9%)Los Mochis 0.6 0.1 (82.5%) 4.8 1.5 (68.4%)Manzanillo 2.8 1.0 (63.0%) 58.8 31.6 (46.3%)Total 1,581.8 568.1 (64.1%) 14,158.6 6,636.1 (53.1%)

Total Terminal Passengers 13 airports (in thousands):

Airport Aug-19 Aug-20 % Change Jan-Aug 19 Jan-Aug 20 % ChangeGuadalajara 1,281.3 603.4 (52.9%) 9,846.2 4,968.6 (49.5%)Tijuana* 772.1 545.4 (29.4%) 5,891.8 3,740.4 (36.5%)Los Cabos 461.9 205.1 (55.6%) 3,900.1 1,827.0 (53.2%)Puerto Vallarta 346.8 119.7 (65.5%) 3,548.2 1,731.9 (51.2%)Montego Bay 401.5 67.7 (83.1%) 3,365.3 1,277.1 (62.1%)Guanajuato 238.2 105.3 (55.8%) 1,836.1 836.6 (54.4%)Hermosillo 154.2 65.5 (57.5%) 1,220.3 594.0 (51.3%)Mexicali 101.7 54.6 (46.3%) 785.3 422.3 (46.2%)Morelia 74.6 51.9 (30.4%) 590.5 381.2 (35.4%)La Paz 96.8 44.6 (54.0%) 676.8 333.4 (50.7%)Aguascalientes 75.5 38.4 (49.2%) 560.5 282.7 (49.6%)Los Mochis 32.1 13.9 (56.6%) 258.9 120.1 (53.6%)Manzanillo 10.3 3.8 (62.8%) 123.2 62.1 (49.6%)Total 4,047.0 1,919.3 (52.6%) 32,603.2 16,577.3 (49.2%)

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

CBX Users:

Aug-19 Aug-20 % Change Jan-Aug 19 Jan-Aug 20 % ChangeTijuana 240.3 124.4 (48.2%) 1,900.1 1,058.8 (44.3%)

Kingston Airport (in thousands):

Passengers Aug-19 Aug-20 % Change Jan-Aug 19 Jan-Aug 20 % ChangeDomestic N/A 0.0 N/A N/A 1.3 N/AInternational N/A 47.8 N/A N/A 461.0 N/ATotal N/A 47.8 N/A N/A 462.3 N/A

Total Passengers 14 airports (in thousands):

Passengers Aug-19 Aug-20 % Change Jan-Aug 19 Jan-Aug 20 % ChangeDomestic 2,465.2 1,351.2 (45.2%) 18,444.7 9,942.5 (46.1%)International 1,581.8 615.9 (61.1%) 14,158.6 7,097.1 (49.9%)Total 4,047.0 1,967.1 (51.4%) 32,603.2 17,039.6 (47.7%)

Highlights for the Period:

-- While total traffic in August fell 51.4% for all 14 airports in the network, GAPs Mexican airports experienced a decrease of 49.7%, with a gradual recovery in domestic traffic.

-- The number of seats available during August 2020 declined by 32.8% compared to August 2019; load factors for the month went from 83.3% in August 2019 to 60.1% in August 2020.

Kingston:

The Company assumed control of the Kingston Airport on October 10, 2019. Historical figures are presented for comparison purposes, for a total of 47.8 thousand passengers at August 2020, a 76.1% decline versus August 2019.

Company DescriptionGrupo 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 Concesiones 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 statementsare statements that are not historical facts, and are based on management?scurrent view and estimates of future economic circumstances, industryconditions, company performance and financial results. The words ?anticipates?,?believes?, ?estimates?, ?expects?, ?plans? and similar expressions, as theyrelate to the company, are intended to identify forward-looking statements.Statements regarding the declaration or payment of dividends, theimplementation of principal operating and financing strategies and capitalexpenditure plans, the direction of future operations and the factors or trendsaffecting financial condition, liquidity or results of operations are examplesof forward-looking statements. Such statements reflect the current views ofmanagement and are subject to a number of risks and uncertainties. There is noguarantee that the expected events, trends or results will actually occur. Thestatements are based on many assumptions and factors, including generaleconomic and market conditions, industry conditions, and operating factors. Anychanges in such assumptions or factors could cause actual results to differmaterially from current 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