GlobeNewswire Inc | Oct 5, 2020 06:35PM EDT

October 05, 2020

GUADALAJARA, Mexico, Oct. 05, 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 September 2020, compared to traffic figures for September 2019.

For September 2020, the total number of terminal passengers at GAPs 14 airports decreased by 38.3%, compared to the same period of the previous year. Domestic passenger traffic decreased by 33.7%, while international passenger traffic decreased by 47.1%.

Domestic Terminal Passengers ? 13 airports (in thousands): Airport Sep-19 Sep-20 % Change Jan-Sep 19 Jan-Sep 20 % ChangeGuadalajara 836.3 489.0 (41.5%) 7,765.8 3,990.3 (48.6%) Tijuana* 490.9 418.2 (14.8%) 4,451.1 3,091.3 (30.5%) Los Cabos 143.6 115.1 (19.9%) 1,447.7 784.6 (45.8%) Puerto Vallarta 144.3 85.2 (40.9%) 1,371.2 632.5 (53.9%) Montego Bay 0.8 0.0 (100.0%) 6.9 1.0 (86.1%) Guanajuato 166.9 93.6 (43.9%) 1,522.3 722.0 (52.6%) Hermosillo 141.7 80.8 (43.0%) 1,315.7 649.1 (50.7%) Mexicali 90.2 54.7 (39.4%) 871.1 475.5 (45.4%) Morelia 36.6 29.7 (19.0%) 342.8 269.2 (21.5%) La Paz 72.2 45.2 (37.4%) 740.4 374.1 (49.5%) Aguascalientes 50.7 31.2 (38.5%) 465.6 245.3 (47.3%) Los Mochis 28.7 17.1 (40.4%) 282.8 135.7 (52.0%) Manzanillo 6.1 3.8 (37.7%) 70.5 34.3 (51.4%) Total 2,209.1 1,463.6 (33.7%) 20,653.8 11,404.9 (44.8%) International Terminal Passengers ? 13 airports (in thousands): Airport Sep-19 Sep-20 % Change Jan-Sep 19 Jan-Sep 20 % ChangeGuadalajara 317.8 178.8 (43.7%) 3,234.5 1,646.2 (49.1%) Tijuana* 204.4 139.8 (31.6%) 2,136.1 1,207.1 (43.5%) Los Cabos 168.7 102.0 (39.6%) 2,764.7 1,259.4 (54.4%) Puerto Vallarta 96.9 45.2 (53.4%) 2,418.2 1,229.8 (49.1%) Montego Bay 256.1 48.0 (81.3%) 3,615.3 1,324.1 (63.4%) Guanajuato 47.5 25.6 (46.2%) 528.2 233.8 (55.7%) Hermosillo 5.3 3.0 (42.7%) 51.7 28.7 (44.4%) Mexicali 0.6 0.2 (72.0%) 5.1 1.6 (67.6%) Morelia 28.5 20.4 (28.6%) 312.9 162.1 (48.2%) La Paz 0.8 0.2 (71.5%) 9.4 4.7 (50.0%) Aguascalientes 18.7 9.3 (50.4%) 164.4 77.9 (52.6%) Los Mochis 0.6 0.1 (78.9%) 5.4 1.6 (69.6%) Manzanillo 1.9 0.9 (50.3%) 60.8 32.6 (46.4%) Total 1,147.9 573.5 (50.0%) 15,306.5 7,209.7 (52.9%) Total Terminal Passengers ? 13 airports (in thousands): Airport Sep-19 Sep-20 % Change Jan-Sep 19 Jan-Sep 20 % ChangeGuadalajara 1,154.1 667.9 (42.1%) 11,000.3 5,636.5 (48.8%) Tijuana* 695.4 558.0 (19.8%) 6,587.2 4,298.4 (34.7%) Los Cabos 312.3 217.0 (30.5%) 4,212.4 2,044.0 (51.5%) Puerto Vallarta 241.2 130.4 (45.9%) 3,789.4 1,862.3 (50.9%) Montego Bay 256.9 48.0 (81.3%) 3,622.2 1,325.1 (63.4%) Guanajuato 214.4 119.2 (44.4%) 2,050.5 955.8 (53.4%) Hermosillo 147.0 83.8 (43.0%) 1,367.4 677.8 (50.4%) Mexicali 90.9 54.9 (39.6%) 876.2 477.2 (45.5%) Morelia 65.2 50.0 (23.2%) 655.7 431.3 (34.2%) La Paz 73.0 45.4 (37.8%) 749.8 378.8 (49.5%) Aguascalientes 69.4 40.5 (41.7%) 630.0 323.2 (48.7%) Los Mochis 29.3 17.2 (41.2%) 288.2 137.3 (52.4%) Manzanillo 8.0 4.8 (40.7%) 131.2 66.8 (49.1%) Total 3,357.1 2,037.1 (39.3%) 35,960.3 18,614.5 (48.2%) *Passengers in Tijuana who use CBX in both directions are classified asinternational.

CBX Users (in thousands): Sep-19 Sep-20 % Change Jan-Sep 19 Jan-Sep 20 % ChangeTijuana 200.8 139.2 (30.7%) 2,100.9 1,198.0 (43.0%)

Kingston Airport (in thousands):Passengers Sep-19 Sep-20 % Change Jan-Sep 19 Jan-Sep 20 % ChangeDomestic N/A 0.03 N/A N/A 1.3 N/A International N/A 33.4 N/A N/A 494.4 N/A Total N/A 33.4 N/A N/A 495.7 N/A Total Passengers ? 14 airports (in thousands):Passengers Sep-19 Sep-20 % Change Jan-Sep 19 Jan-Sep 20 % ChangeDomestic 2,209.1 1,463.7 (33.7%) 20,653.8 11,406.2 (44.8%) International 1,147.9 606.9 (47.1%) 15,306.5 7,704.0 (49.7%) Total 3,357.1 2,070.6 (38.3%) 35,960.3 19,110.2 (46.9%)

Highlights for the Period:

-- In September, total passenger traffic decreased by 38.3%; passenger traffic at the Mexican airports decreased by 35.8%, due to the gradual recovery of domestic passengers and an improvement in the trends for the international passengers. -- The number of seats available during September 2020 declined by 20.7% compared to September 2019; load factors for the month went from 82.4% in September 2019 to 60.5% in September 2020.

Kingston Airport

The Company assumed control of the Kingston Airport on October 10, 2019. Historical figures are presented for comparison purposes, for a total of 33.4 thousand passengers in September 2020, a 75.7% decline versus September 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 are statements that are not historical facts, and are based on managements current view 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 the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially 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 and Financial asoto@aeropuertosgap.com.mxPlanning ManagerGisela Murillo, Investor Relations gmurillo@aeropuertosgap.com.mx/ +523338801100 ext. 20294Maria Barona, i-advize Corporate mbarona@i-advize.comCommunications