Grupo Aeroportuario del Pacífico projects double-digit EBITDA expansion next year as revenue rises despite a 5.6% drop in Q2 passenger traffic.
Grupo Aeroportuario del Pacífico (GAP) guided for 10% to 12% EBITDA growth in 2026, citing improved profitability despite a challenging traffic environment. The company reported a 5.6% year-over-year decline in Q2 passenger traffic but noted a 4.9% increase in revenue excluding construction services and an 8.4% rise in EBITDA.
Management attributed the resilience to cost controls and higher non-aeronautical revenue. Passenger traffic outlook for the year was revised to a range of -3% to flat, down from previous expectations. The company’s Q2 performance reflects ongoing recovery efforts amid shifting travel demand.
No immediate market reaction was disclosed in the earnings call summary.