PAC slides after April passenger traffic drops 7.6% across Mexico and Jamaica airports
Grupo Aeroportuario del Pacífico shares fell after the company reported April 2026 passenger traffic declined 7.6% year over year to 5.11 million passengers. Key tourist and cross-border airports posted double-digit drops, including Puerto Vallarta (-17.0%), Tijuana (-10.5%) and Montego Bay (-22.0%).
1) What’s moving the stock
Grupo Aeroportuario del Pacífico (PAC) is moving lower after disclosing weaker monthly operating data. The company reported total terminal passenger traffic across its 12 Mexican and 2 Jamaican airports fell 7.6% in April 2026 versus April 2025, to 5.11 million passengers, extending softness seen year to date. (stocktitan.net)
2) Where traffic fell the most
The decline was concentrated in several high-profile leisure and cross-border markets. In Mexico, passenger traffic fell 6.3% in April, with Puerto Vallarta down 17.0%, Tijuana down 10.5%, and Los Cabos down 8.1%, while Guadalajara grew 0.9%. In Jamaica, Montego Bay traffic dropped 22.0% (linked to Hurricane Melissa) and Kingston declined 6.0%. (stocktitan.net)
3) Capacity cuts and what investors may watch next
Airlines reduced seats available by 8.3% in April, but systemwide load factor improved to 81.5% from 80.8%, signaling carriers cut capacity faster than demand fell. Investors will likely focus on whether the April downturn is weather-driven and temporary—particularly in Jamaica—or reflects broader softness in tourism and cross-border flows heading into peak travel season. (stocktitan.net)