Pacific Airport Group Reports 5.5% February Passenger Traffic Decline, Citing Hurricane and Local Events
Summary
Grupo Aeroportuario del Pacifico reported a 5.5% year-over-year decrease in total passenger traffic for February 2026, with domestic traffic down 4.5% and international traffic down 6.6%. This operational update follows the company's mixed Q4 2025 results reported in late February. The decline is partly attributed to a significant 31.4% decrease at Montego Bay due to Hurricane Melissa and flight cancellations at Guadalajara and Puerto Vallarta airports in Jalisco due to local events. As passenger traffic is a primary revenue driver for airport operators, this sustained decline, exacerbated by specific external factors, indicates headwinds for the company's near-term financial performance. Traders will closely monitor future monthly traffic reports to assess if these declines are temporary or represent a more persistent trend.
At the time of this announcement, PAC was trading at $237.35 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $12.3B. The 52-week trading range was $168.62 to $300.41. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: GlobeNewswire.