Grupo Aeroportuario del Pacifico: Flash: Reaffirms the expectation of continued growth in demand

  • In August, Gap reported a 24.9% y/y increase in passenger traffic, reaffirming the expectation of continued growth

  • In Mexico, the total traffic at Mexico’s 12 airports was 22.0%, in line with our 21.0% estimate

  • We believe the valuation already reflects part of the favorable outlook, making it the least attractive in the sector

September 8th, 2022
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