Grupo Aeroportuario del Pacifico (PAC) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Grupo Aeroportuario del Pacifico S.A.B. de C.V. reported a 5.6% drop in passenger traffic for July 2024 compared to the previous year, largely due to engine maintenance and hurricane-related airport closures. Despite a decrease in available seats, the company saw an increase in load factors, indicating higher occupancy rates for flights. Additionally, GAP introduced new routes including Tijuana to Beijing and Guadalajara to Tijuana.
For further insights into PAC stock, check out TipRanks’ Stock Analysis page.