GlobeNewswire Inc | Mar 4, 2021 05:10PM EST

March 04, 2021

GUADALAJARA, Mexico, March 04, 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 February 2021, compared to traffic figures for February 2020.

For February 2021, the total number of terminal passengers at GAPs 14 airports decreased by 52.7%, compared to the same period of the previous year. Domestic passenger traffic decreased by 38.0%, while international passenger traffic decreased by 69.0%.

Domestic traffic continues to strengthen at our 12 Mexican airports as airlines continue to gradually increase their operations. However, international traffic declined due to new requirements put in place to enter the United States, as well as the suspension of flights from Mexico and the Caribbean by the government of Canada.

Domestic Terminal Passengers ? 14 airports (in thousands): Airport Feb-20 Feb-21 % Change Jan-Feb 20 Jan-Feb 21 % ChangeGuadalajara 844.3 435.3 (48.4 %) 1,722.3 962.0 (44.1 %)Tijuana* 490.9 406.3 (17.2 %) 1,001.6 874.8 (12.7 %)Los Cabos 134.1 102.9 (23.3 %) 286.3 224.5 (21.6 %)Puerto Vallarta 124.5 79.1 (36.5 %) 273.2 174.7 (36.0 %)Guanajuato 149.3 76.6 (48.7 %) 317.4 176.1 (44.5 %)Montego Bay 0.3 0.0 (100.0 %) 0.9 0.0 (100.0 %)Hermosillo 138.3 69.5 (49.7 %) 287.1 149.6 (47.9 %)Morelia 43.5 29.7 (31.7 %) 92.2 71.0 (23.0 %)Mexicali 91.2 53.5 (41.4 %) 201.7 122.2 (39.4 %)La Paz 73.7 46.6 (36.8 %) 153.0 104.3 (31.8 %)Aguascalientes 48.7 27.4 (43.8 %) 102.4 62.1 (39.4 %)Kingston 0.4 0.0 (96.7 %) 1.1 0.1 (94.0 %)Los Mochis 30.2 18.7 (38.0 %) 62.4 43.6 (30.1 %)Manzanillo 7.3 4.7 (36.2 %) 16.4 10.4 (36.5 %)Total 2,176.7 1,350.3 (38.0 %) 4,517.8 2,975.3 (34.1 %) International Terminal Passengers ? 14 airports (in thousands): Airport Feb-20 Feb-21 % Change Jan-Feb 20 Jan-Feb 21 % ChangeGuadalajara 312.3 137.0 (56.1 %) 736.0 399.5 (45.7 %)Tijuana* 232.0 103.5 (55.4 %) 532.4 257.5 (51.6 %)Los Cabos 359.5 130.4 (63.7 %) 714.3 302.5 (57.7 %)Puerto Vallarta 405.6 81.8 (79.8 %) 811.3 205.7 (74.6 %)Guanajuato 48.8 18.3 (62.6 %) 115.6 57.6 (50.2 %)Montego Bay 426.4 75.6 (82.3 %) 871.5 175.3 (79.9 %)Hermosillo 6.9 5.4 (21.2 %) 14.7 12.4 (15.7 %)Morelia 31.5 18.9 (40.2 %) 74.5 53.3 (28.5 %)Mexicali 0.4 0.2 (51.4 %) 1.0 0.4 (59.0 %)La Paz 1.2 0.9 (22.0 %) 2.2 2.2 (1.5 %)Aguascalientes 15.9 6.9 (56.7 %) 37.1 22.8 (38.5 %)Kingston 122.2 30.0 (75.4 %) 280.7 78.7 (72.0 %)Los Mochis 0.4 0.4 12.4 % 1.0 1.0 (0.3 %)Manzanillo 10.1 2.3 (77.5 %) 20.9 5.6 (73.0 %)Total 1,973.1 611.6 (69.0 %) 4,213.3 1,574.5 (62.6 %) Total Terminal Passengers ? 14 airports (in thousands): Airport Feb-20 Feb-21 % Change Jan-Feb 20 Jan-Feb 21 % ChangeGuadalajara 1,156.6 572.3 (50.5 %) 2,458.3 1,361.5 (44.6 %)Tijuana* 722.9 509.8 (29.5 %) 1,534.0 1,132.3 (26.2 %)Los Cabos 493.6 233.3 (52.7 %) 1,000.6 527.0 (47.3 %)Puerto Vallarta 530.1 160.9 (69.6 %) 1,084.5 380.4 (64.9 %)Guanajuato 198.1 94.9 (52.1 %) 433.0 233.7 (46.0 %)Montego Bay 426.7 75.6 (82.3 %) 872.4 175.3 (79.9 %)Hermosillo 145.1 74.9 (48.4 %) 301.8 162.0 (46.3 %)Morelia 75.0 48.6 (35.3 %) 166.6 124.2 (25.4 %)Mexicali 91.6 53.7 (41.4 %) 202.6 122.6 (39.5 %)La Paz 74.8 47.5 (36.6 %) 155.2 106.5 (31.4 %)Aguascalientes 64.6 34.2 (47.0 %) 139.5 84.9 (39.1 %)Kingston 122.6 30.1 (75.5 %) 281.9 78.8 (72.1 %)Los Mochis 30.6 19.1 (37.4 %) 63.4 44.5 (29.7 %)Manzanillo 17.4 6.9 (60.1 %) 37.4 16.1 (56.9 %)Total 4,149.8 1,961.9 (52.7 %) 8,731.1 4,549.8 (47.9 %)^*Passengers in Tijuana who use CBX in both directions are classified asinternational.

CBX Users (in thousands): CBX PARA BOLSA Airport Feb-20 Feb-21 % Change Jan-Feb 20 Jan-Feb 21 % ChangeTijuana 229.9 102.5 (55.4 %) 527.1 255.2 (51.6 %)

Highlights for the Period:

-- The number of seats available during February 2021 declined by 13.2% compared to February 2020; load factors for the month went from 83.3% in February 2020 to 48.3% in February 2021.

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 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