Key Takeaways:
- Total passenger traffic declined 7.6 percent year-over-year in April 2026.
- Jamaican airports saw sharp declines after Hurricane Melissa hit the region.
- Guadalajara was a bright spot, posting a 0.9 percent increase in traffic.
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GAP April passenger traffic falls 7.6% on hurricane-hit Jamaica airports
Grupo Aeroportuario del Pacífico reported a 7.6 percent drop in April passenger traffic compared to the previous year, driven by disruptions at its Jamaican airports from Hurricane Melissa.
The decrease was announced in a preliminary traffic report released by the airport operator Tuesday. The company, which trades as PAC on the New York Stock Exchange, manages 12 airports in Mexico and two in Jamaica.
Traffic at the company’s two Jamaican airports, Montego Bay and Kingston, fell by 22.0 percent and 6.0 percent, respectively. In Mexico, overall traffic was down 6.3 percent, with sharp declines in tourist destinations like Puerto Vallarta (-17.0 percent) and Los Cabos (-8.1 percent).
The drop in tourism-heavy airports points to near-term revenue headwinds for GAP. However, the company’s largest airport, Guadalajara, showed resilience with a 0.9 percent traffic gain, buoyed by a 3.2 percent increase in international passengers.
The overall decline was widespread across most of GAP’s Mexican portfolio. Tijuana, a major border crossing, saw traffic fall 10.5 percent, while Mexicali posted the steepest drop at 13.8 percent. In contrast, La Paz continued to show strong growth, with traffic jumping 11.4 percent year-over-year.
Spirit Airlines Shutdown Has Limited Impact
Separately, GAP addressed the recent cessation of operations by Spirit Airlines, stating the impact would be minimal. In a May 4 release, the company confirmed that Spirit did not operate in its Mexican airports.
In Jamaica, Spirit accounted for approximately 3.5 percent of passenger traffic in Kingston and 2.6 percent in Montego Bay. GAP noted that other carriers, including JetBlue, American Airlines, and Southwest Airlines, continue to serve the affected routes to Florida. The company also stated it has no material financial exposure from accounts receivable with the airline.
The April traffic figures reflect a challenging month for the airport operator, particularly from weather-related events outside of its control. Investors will be watching to see if traffic at key tourist destinations rebounds in the coming months.
This article is for informational purposes only and does not constitute investment advice.
[1] Grupo Aeroportuario del Pacifico Reports a Passenger Traffic Decrease in April 2026 of 7.6% Compared to 2025[2] Grupo Aeroportuario del Pacifico Reports on Impact Arising from the Cessation of Operations of Spirit Airlines[3] Why Broadcom Stock Popped on Tuesday[4] Shopify Inc. (SHOP) Q1 2026 Earnings Call Transcript
