Equity Analysis /
Mexico

Grupo Aeroportuario del Pacifico: Flash GAP: Solid November passenger demand continues

  • Gap released that total passengers in November posted a 52.6% y/y growth (100.1% of November 2019 traffic)

  • As a result of improved demand, Domestic traffic increased 34.2% y/y and the international traffic rose 88.0% y/y

  • Gap’s outlook remains favorable, although we must be attentive to the evolution of the new omicron variant

Jose Itzamna Espitia Hernandez
Jose Itzamna Espitia Hernandez

Senior Equity Research Analyst, Infrastructure, Materials and Transportation

Marissa Garza Ostos
Marissa Garza Ostos

Head of Equity Research

Banorte
6 December 2021
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