Business context and reporting period
Grupo Aeroportuario del Pacífico (GAP), a Mexican airport operator with operations in Mexico and Jamaica, filed a Form 6-K on October 6, 2026. The exhibit reports preliminary passenger traffic for September 2026 and year-to-date traffic through September, compared with 2025.
Key operating metrics
| Measure | September 2026 vs. September 2025 | January–September 2026 vs. 2025 |
|---|---|---|
| Total terminal passengers across the tabled network | 4.082 million; down 7.3% | 45.793 million; down 4.2% |
| Domestic passengers | 2.552 million; down 9.5% | 26.710 million; down 1.3% |
| International passengers | 1.530 million; down 3.2% | 19.083 million; down 8.0% |
| Available seats | Down 7.2% | Not provided |
| Load factor | 81.0%, versus 80.7% | Not provided |
Revenue, earnings, margins, cash flow, debt, and liquidity are not reported in this traffic update.
Material changes and drivers
- GAP’s total-network passenger traffic fell 7.3% in September. The release separately states that traffic at its 12 Mexican airports declined 6.7%; the table’s total includes the Jamaican airports.
- Traffic declined 12.1% at Tijuana, 10.4% at Puerto Vallarta, and 7.5% at Los Cabos. Montego Bay fell 16.6% and Kingston fell 3.8%.
- Management attributed the decline mainly to reduced airline seat capacity, particularly in domestic markets. Hurricane Polo affected operations at Puerto Vallarta and Los Cabos during the final days of the month.
- Year-to-date total-network traffic was down 4.2%, with international traffic down 8.0% and domestic traffic down 1.3%.
Outlook, risks, and unusual items
No financial guidance or quantified outlook is provided. The release includes customary forward-looking-statement caution that actual results may differ due to economic, market, industry, and operating factors. The reported weather disruption from Hurricane Polo is a notable operating event; the filing does not quantify its impact.
Important facts for investors to verify
- Confirm the geographic scope behind the release’s 6.7% decline for Mexican airports versus the table’s 7.3% decline for the full network.
- Monitor whether airline seat capacity reductions and weaker passenger traffic persist, particularly at the airports and routes identified as declining.
- Assess any financial or operational effects of Hurricane Polo when subsequent company disclosures become available.
- Review later financial filings for revenue, profitability, cash flow, debt, liquidity, and management guidance, none of which are included here.