Grupo Aeroportuario del Pacífico reports 1Q26 net income up 15.9% despite 5.5% passenger drop.

Grupo Aeroportuario del Pacífico (GAP) announced a 15.9% increase in net income to Ps. 3.31 billion for Q1 2026, driven by higher aeronautical and non-aeronautical revenues in Mexico despite a 5.5% decline in total passenger traffic, mainly due to impacts from Hurricane Melissa in Jamaica and security events in Jalisco. Total revenues rose 2.8% to Ps. 11.37 billion, with EBITDA up 6.4% and improved operating margins. GAP also issued bonds totaling Ps. 10.7 billion to finance a 25% stake acquisition in Cross Border Xpress and capital expenditures. The company refinanced loans and maintained a strong cash position of Ps. 23.2 billion. The results reflect resilience amid regional challenges and ongoing investment plans for growth.