A Strong Recovery in 2021 Gives GAP a Greater Impetus to Focus on Airport Development

Justin Lee

Singapore

April 10, 2022

Guadalajara Airport

Compared to the year 2020, 2021 could be said to be a much better year for Grupo Aeroportuario del Pacífico (GAP) as it moved towards a recovery from the negative impact of the COVID-19 pandemic. With most of its airport business concentrated in Mexico – the airport operator also operates the two major airports in Jamaica –  GAP benefited significantly from the 78.8% recovery of 2019 passenger traffic levels in 2021 across the country. In December 2021, Mexico posted a 95% recovery in terms of passengers carried, nearly fully rebounding from the COVID-19 pandemic. In the year ended 31 December 2021, terminal passenger traffic across GAP’s airports was 42.7 million, a year-on-year increase by 57.1% as compared to the same period of 2020. This was also a year-on-year decline by 11.8% as compared to the same period of 2019, a recovery that was better-than-expected.

Source: Grupo Aeroportuario del Pacífico 4Q2021 Financial Report

GAP’s recovery in 2021 continued to be led by its airports at Guadalajara and Tijuana, which had a share of over 50% of the 42.7 million passengers handled at all its airport terminals including those in Jamaica.

Subscriber-only content. You must be signed in and have a subscription plan to view this information.

Not a member of airportIR?

Subscribers receive access to value-added content including the latest Deal Pipeline intel, in-depth feature articles and analysis, operator profiles, industry insights, reports and much more.

What's Included

  • In-depth deal pipeline content
  • Feature articles and analysis
  • Detailed operator profiles
  • Industry insights, reports and much more

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Proin faucibus arcu et sem dapibus, faucibus viverra ex semper. Sed maximus urna quis lectus porta gravida. Sed enim sem, ullamcorper at tempor et, tincidunt eget purus. Etiam vitae iaculis dolor. Etiam commodo tempus turpis. Integer ac nunc ac leo facilisis tempus. Pellentesque quis sagittis diam. Fusce congue pulvinar interdum. Curabitur porta libero enim, ullamcorper condimentum diam accumsan quis. In tempor egestas risus, id congue nibh cursus in. Cras sollicitudin fermentum orci et eleifend.

Nam eget imperdiet risus, at luctus nulla. Nullam porttitor, est quis viverra fringilla, ipsum velit tincidunt massa, vel egestas lacus velit eget mauris. Proin finibus condimentum tellus, in commodo felis dapibus a. Curabitur luctus et sapien a dapibus. Mauris faucibus dapibus justo vitae varius. Proin quis mauris eros. Curabitur tincidunt feugiat dignissim.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Proin faucibus arcu et sem dapibus, faucibus viverra ex semper. Sed maximus urna quis lectus porta gravida. Sed enim sem, ullamcorper at tempor et, tincidunt eget purus. Etiam vitae iaculis dolor. Etiam commodo tempus turpis. Integer ac nunc ac leo facilisis tempus.