GAP reports higher profit and revenue despite lower passenger traffic

Grupo Aeroportuario del Pacífico reported third-quarter 2026 results for the period ended September 30, 2026, with net income up 8.1% despite a 1.4% decline in passenger traffic across its 14 airports. Total revenue rose 21.8% to Ps. 11,667,818, while EBITDA increased 19.2% to Ps. 6,064.6 million. The results include the Cross Border Xpress operations integrated through a business combination effective May 1, 2026.

Revenue and EBITDA increased despite weaker traffic, but the revenue growth includes the CBX integration and construction-accounting effects. GAP said the business-combination amounts remain preliminary and subject to adjustment, which affects the comparability of reported results.

  • 1GAP reported consolidated results for the third quarter ended September 30, 2026.
  • 2Total revenues increased 21.8% to Ps. 11,667,818.
  • 3EBITDA rose 19.2%, from Ps. 5,085.6 million in 3Q25 to Ps. 6,064.6 million in 3Q26.
  • 4Passenger traffic across GAP's 14 airports fell 1.4% during the quarter.
  • 5The business combination incorporating CBX operations took effect on May 1, 2026.
  • 6The company said the business-combination amounts in its consolidated financial statements are preliminary and subject to adjustment.

Sources