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Grupo Aeroportuario PAC Earnings Call Transcript [Globe and Mail, The (Toronto, Canada)]

RTX Corporation (RTX) 
Chief Financial Officer — Saúl García Head of Investor Relations — Maria Barona TAKEAWAYS Total Passenger Traffic -- 15.8 million passengers, up 2.5%, primarily due to new routes and increased frequencies offsetting lower international demand. International Passenger Traffic -- Declined, with management attributing the decrease to U.S. immigration issues and ongoing Pratt & Whitney engine constraints affecting seat capacity for Volaris and Viva Aerobus. Total Revenue -- Increased 17.4%, driven by strong results in both aeronautical and non-aeronautical operations. Aeronautical Revenue -- Grew 18.3%, reflecting the implementation of a new maximum tariff, with a phased increase of 15% in March and an additional 7.5% from September 1. Non-Aeronautical Revenue -- Rose 15.6%, with positive results in both Mexico and Jamaica; directly operated business revenue increased 30.1%, largely due to the consolidation of cargo and bonded warehouse activities contributing MXN 559 milli Show less Read more
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