Equity Analysis /
Mexico

Grupo Aeroportuario del Pacifico: Flash GAP: Better than expected performance in July passenger traffic

    Marissa Garza Ostos
    Marissa Garza Ostos

    Head of Equity Research

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    Jose Itzamna Espitia Hernandez
    Jose Itzamna Espitia Hernandez

    Senior Equity Research Analyst, Infrastructure, Materials and Transportation

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    Banorte
    6 August 2020
    Published byBanorte
    Gap reported a 62.3% y/y decrease in its July passenger traffic, which was better than estimated. If a higher rate of recovery in traffic is confirmed, then the stock should be seen with a long-term investment horizon.