During February 2022, total terminal passengers increased 12.8% compared to February 2007 driven by domestic passenger traffic, which grew 14.3%, as well as a recovery in international passenger traffic, which increased 10.4% compared to February 2007.
Compared to February 2007, domestic terminal passenger traffic in February 2022 registered a net increase of 147.3 thousand passengers, driven by growth in passenger traffic at 11 of the Company''s 12 airports. It is worth noting the growth at the airports of Guadalajara, with 65.3 thousand passengers; Tijuana, with 19.7 thousand passengers; Los Cabos, with 20.0 thousand passengers; Puerto Vallarta, with 16.6 thousand passengers; Hermosillo, with 9.7 thousand passengers; Aguascalientes, with 5.7 thousand passengers; Mexicali, with 5.3 thousand passengers; and Manzanillo, with 2.3 thousand passengers. These airports represented 98.3% of the total increase. The increases continue to be largely attributable to the routes operated by the low-cost carriers (LCC''s), such as Interjet, Volaris, Alma, Click, VivaAerobus and Avolar.
On the other hand, domestic passenger traffic declined 6.9% at the Los Mochis airport as a result of the decreased traffic on the routes to Guadalajara and Tijuana.
International terminal passenger traffic registered an increase of 69.3 thousand passengers, or 10.4%, compared to February 2007, thus showing a recovery at 7 of the Company''s 12 airports after the negative trend experienced during 2007. It is worth noting the growth at the airports of Puerto Vallarta, with 30.3 thousand passengers; Los Cabos, with 20.5 thousand passengers; and Guadalajara, with 16.1 thousand passengers.
The growth at the Guadalajara airport was due to the recovery on the routes to and from Los Angeles, Dallas, Chicago (O'' Hare), Phoenix, Atlanta, Chicago (MDW), Portland, Fresno, Sacramento and San Francisco. It is also due to the increase in routes that were not in operation during the first half 2007, such as the ones to and from Panama and Bakersfield.
At the Puerto Vallarta airport, the growth was due to the recovery in traffic on the routes to and from Chicago (O'' Hare), Los Angeles, Phoenix, Denver, Minneapolis, Dallas, Houston, San Francisco, Seattle, Detroit, Atlanta, Newark, Portland and Canada. In the case of the Los Cabos airport, the increase was due to a recovery on the routes to and from California, Phoenix, Dallas, Denver, Houston, Seattle, Atlanta, Minneapolis, Newark, Portland and Canada.
At the Morelia airport, there was a decrease in the number of international terminal passengers that was possibly a result of the substitution effect as several of the LCC''s have increased the number of frequencies to and from Tijuana. This resulted in numerous passengers choosing to fly to the southern region of the U.S. via Tijuana due to lower fares, therefore lowering the volume of passengers flying to and from California. In addition, there was a decrease in the number of passengers traveling to and from Chicago.
At the Manzanillo airport, the decline was due to a decrease in passengers as a result of charter operations.
At the close of February 2022, the weekly schedule of flights operated by LCC''s increased by 7 weekly segments compared to January 2007. As a result, GAP''s airports currently have a total of 1,016 weekly segments, totaling 61 routes operated by LCC''s.
During February 2022, a total of 555.6 thousand passengers were transported by LCC''s, representing approximately 47.2% of domestic passenger traffic for this month.
Grupo Aeroportuario del Pacifico, S.A.B. de C.V. (GAP) operates twelve airports throughout Mexico''s 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, Bajio, Morelia, Aguascalientes, Mexicali and Los Mochis. In February 2006, GAP''s 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."
This press release may contain forward-looking statements. These statements are not historical facts and are based on management''s 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 conditions, 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.