Grupo Aeroportuario del Pacífico Faces Revenue Dip
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Grupo Aeroportuario del Pacífico Faces Revenue Dip

Grupo Aeroportuario del Pacifico (PAC) has released an update.

Grupo Aeroportuario del Pacífico reports a revenue decline and a decrease in income from operations in the second quarter of 2024, attributed to a drop in passenger traffic due to engine reviews. Despite these challenges, the firm achieved a substantial increase in comprehensive income and drew on credit facilities for strategic acquisitions. Passenger numbers decreased by 3.9%, while new routes were added, indicating a proactive response to the downturn.

For further insights into PAC stock, check out TipRanks’ Stock Analysis page.

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