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Grupo Aeroportuario del Pacifico Reports Passenger Traffic Decrease of 14.1% for September 2008

Written by thomas · Filed Under Commercial 

October 9, 2008

thomas

GUADALAJARA, Mexico, Oct. 7 /PRNewswire-FirstCall/ — Grupo
Aeroportuario del Pacifico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) (“the
Company” or “GAP”) today announced preliminary terminal passenger traffic
figures for the month of September 2008 compared to traffic figures for
September 2007.

During September 2008, total terminal passengers decreased 14.1%
compared to the previous year; international passenger traffic decreased
13.5%, while domestic passenger traffic decreased 14.3% compared to
September 2007.

Compared to September 2007, domestic terminal passenger traffic in
September 2008 registered a net decrease of 168.8 thousand passengers,
despite increased passenger traffic at the airports of Los Cabos with 1.7
thousand passengers and Puerto Vallarta with 1.5 thousand. Together, these
airports represented 3.2 thousand additional passengers.

In the case of the Puerto Vallarta airport, the increase was mainly due
to an increase in passengers on routes to and from Mexico City and Toluca.

At the Los Cabos airport, the increase was mainly due to growth in
traffic to and from Monterrey, Mexico City and Guadalajara.

However, there was a decline of 172.0 thousand passengers, mainly from
the airports of Tijuana with 88.5 thousand passengers, Guadalajara with
35.9 thousand passengers, Hermosillo with 11.4 thousand passengers,
Mexicali with 8.1 thousand passengers, Guanajuato with 7.9 thousand
passengers, Morelia with 6.7 thousand passengers, Los Mochis with 5.6
thousand passengers, La Paz with 3.0 thousand passengers, Aguascalientes
with 2.7 thousand passengers and Manzanillo with 2.2 thousand passengers.

In the case of the Tijuana airport, this decline was principally due to
a reduction in traffic on the routes to Guadalajara, Mexico City, Toluca,
Culiacan, Guanajuato, Morelia, Hermosillo, La Paz, Monterrey, Uruapan,
Aguascalientes, Ciudad Juarez, Acapulco and Los Mochis. These decreases
were mainly due to the suspension of Aerocalifornia’s operations, and the
decline in operations from Aviacsa, Alma, VivaAerobus, Mexicana and Avolar
on routes to and from the previously-mentioned cities.

The decline at the Guadalajara airport was due to a decrease in traffic
on the routes to and from Tijuana, Monterrey, Toluca, Hermosillo, Puerto
Vallarta, Mexicali, Culiacan and Puebla. This was due to the exit of
Aerocalifornia and the reduction of frequencies from Aviacsa, Avolar, Alma,
and Aeromexico Connect.

The decline at the Hermosillo airport was due to a decrease in traffic
on the routes to and from Monterrey, Tijuana and Los Mochis.

The decline at the Mexicali airport was principally due to the decrease
in passengers on the routes to and from Mexico City, Guadalajara, Monterrey
and Culiacan. This was due to Aviacsa’s ceasing of operations at the
Mexicali airport on May 12, 2008, which caused declines on the Mexico City
and Guadalajara routes, as well as VivaAerobus, which beginning in November
2007, ceased to operate the route to Monterrey.

In the case of the Guanajuato airport, the decrease was due mainly from
the reduction in traffic on the routes to and from Tijuana, Monterrey and
Mexico City. With regards to the reductions on the Monterrey route, this
was principally due Aviacsa’s ceasing of operations at the Guanajuato
airport on May 12, 2008.

The reduction at the Morelia airport was primarily due to the reduction
in traffic on the routes to Tijuana, Monterrey, Uruapan, Toluca,
Guadalajara and San Luis Potosi, caused by the fact that Aviacsa ceased
operations to this airport, as well as the decline in operations of
Mexicana and Avolar compared to 2007.

In the case of the Los Mochis airport, the decrease was caused by the
reduction in traffic on routes to and from Mexico City, Guadalajara,
Tijuana, La Paz, Hermosillo, Los Cabos and Ciudad Obregon, caused by
Aerocalifornia’s suspension of operations, as well as a decrease in
operations from Aeromexico Connect and Alma.

The decline at the La Paz airport was mostly due to a decrease in
traffic on the routes to Tijuana, Guadalajara, Mexico City, Culiacan, Los
Mochis, Hermosillo, Ciudad Obregon, Loreto and La Paz, mainly a result of
Aerocalifornia’s suspension, as well as the ceasing of operations of Avolar
and Aeromexico. It is important to mention that during September, Volaris
initiated operations in La Paz with destinations to Tijuana and
Guadalajara, as well as VivaAerobus initiating operations to Monterrey.

It is important to note that on July 24, 2008, the Mexican Civil
Aviation Bureau (DGAC) suspended Aerocalifornia’s operations, which
represented 6.1% of GAP’s total traffic. Aerocalifornia operated at five of
the Company’s 12 airports, representing over 40% of total traffic at the La
Paz and Los Mochis airports, which had only two exclusive routes. As of
today, Aerocalifornia has not restarted operations.

International terminal passenger traffic decreased 58.9 thousand
passengers, or 13.5%, compared to September 2007.

The airports that experienced an increase in international passenger
traffic were Hermosillo with 0.7 thousand passengers and Mexicali with 0.1
thousand passengers.

On the other hand, the following airports experienced decreases in
international passenger traffic, Guadalajara with 23.3 thousand passengers,
Puerto Vallarta with 10.9 thousand passengers, Los Cabos with 9.1 thousand
passengers, Bajio with 8.3 thousand passengers, Morelia with 3.2 thousand
passengers, Aguascalientes with 2.2 thousand passengers, Manzanillo with
1.3 thousand passengers, La Paz with 0.8 thousand passengers, Los Mochis
with 0.5 thousand passengers and Tijuana with 0.2 thousand passengers.

In the case of the Guadalajara airport, the decrease was primarily due
to the decline in passengers to and from Los Angeles, Dallas, Atlanta,
Portland and Oakland.

The decrease at the Puerto Vallarta airport was due to the decline in
traffic to and from Denver, Chicago, Houston, Dallas, San Francisco, Salt
Lake City and Seattle.

In the case of Los Cabos, the decrease was due to a decline in
passenger traffic on routes to and from Denver, San Francisco and Houston.

The decrease at the Bajio airport was due to the decline in traffic to
and from Los Angeles, Houston and Chicago.

Low-Cost Carriers

At the close of September 2008, the weekly schedule of flights operated
by LCC’s increased by 64 weekly segments compared to August 2008, for a
total of 950 frequencies.

In September 2008, approximately 524.1 thousand passengers were
transported by the LCC’s, representing approximately 51.9% of the total
number of domestic passengers for this month.

Company Description:

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates twelve
airports throughout Mexico’s Pacific region, including the major cities of
Guadalajara and Tijuana, the four tourist destinations of Puerto Vallarta,
Los Cabos, La Paz and Manzanillo, and six other mid-sized cities:
Hermosillo, Guanajuato, Morelia, Aguascalientes, Mexicali and Los Mochis.
In February 2006, GAP’s shares were listed on the New York Stock Exchange
under the ticker symbol “PAC” and on the Mexican Stock Exchange under the
ticker symbol “GAP”.

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