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Grupo Aeroportuario Del Pacifico Q1 Earnings Call Highlights [Yahoo! Finance]
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decline in passenger traffic, as management pointed to tariff-driven aeronautical gains in Mexico and continued non-aeronautical momentum as offsets to a “challenging traffic environment.” Traffic declines tied to temporary disruptions and Jamaica storm recovery CEO Raul Revuelta said total passenger traffic across GAP's 14 airports fell 5.5% year-over-year in the first quarter. He attributed the decline to a combination of factors affecting both Mexico and Jamaica. ? Credo Stock Flashes Strong Bullish Signal—Upswing Just Starting In Jamaica, Revuelta said the company continues to face headwinds from Hurricane Melissa. While the recovery of hotel capacity along the main tourist corridor has been “better than expected,” he noted passenger volumes have not yet returned to pre-storm levels. Revuelta said trends indicate the company will regain those levels by the fourth quarter of this year. In Mexico, Revuelta described traffic pressure as largely driven by temporary disruptio
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