Pacific Airport Group Reports 5.1% Decline in June Passenger Traffic
PAC sits 23% above its 52-week low of $206.91.
Summary
Pacific Airport Group announced a 5.1% year-over-year decrease in total terminal passenger traffic for June 2026, with international traffic experiencing a more significant decline.
Key Events · Earnings and Guidance · PAC
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Overall Passenger Traffic Decline
Total terminal passenger traffic across all airports decreased by 5.1% in June 2026 compared to June 2025, and by 5.6% year-to-date.
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Significant International Traffic Drop
International passenger traffic saw a notable decline of 9.1% in June and 9.5% year-to-date, indicating weakness in cross-border travel.
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Key Airport Performance Weakness
Montego Bay (Jamaica) experienced a substantial 23.4% decrease in total passengers, while Puerto Vallarta saw an 18.7% decline.
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Domestic Traffic Also Down
Domestic passenger traffic decreased by 1.9% in June and 2.4% year-to-date, contributing to the overall negative trend.
Analysis · PAC · Energy & Transportation
The reported decrease in passenger traffic, particularly the 9.1% drop in international passengers and a 23.4% decline at Montego Bay, directly impacts the company's core revenue streams. As an airport operator, passenger volume is a primary driver of aeronautical and non-aeronautical income. A sustained negative trend in traffic could lead to lower revenue and profitability, affecting future financial performance.
At the time of this filing, PAC was trading at $254.42 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $12.8B. The 52-week trading range was $206.91 to $300.41. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.