
Grupo Aeroportuario del Pacifico Q2 revenue rises 3.7%
- Grupo Aeroportuario reported 2Q26 revenue of Ps. 11,289.7 million, up 3.7%, while EBITDA increased 8.4%.
- Passenger traffic fell 5.6%, but non-aeronautical revenue climbed 23.9% following the consolidation of CBX.
- The company is combining CBX ownership with a proposed Ps. 40 billion airport investment programme.
Grupo Aeroportuario del Pacifico (NYSE:PAC) reported 2Q26 revenue of Ps. 11,289.7 million, up 3.7%, as EBITDA rose 8.4% and net income increased 9.0% following the CBX combination.
The financial growth contrasted with a 5.6% passenger decline across 14 airports, while non-aeronautical revenue increased 23.9% and the EBITDA margin excluding IFRIC-12 improved to 69.3% from 67.1%.
The May 1 combination added Ps. 5,427.1 million in cash, Ps. 6,899.8 million in intangible assets and Ps. 30,803.3 million in goodwill, while GAP issued 89,740,731 new shares.
CBX generated Ps. 468.1 million in revenue from 626,424 users during May and June and contributed Ps. 315.8 million in EBITDA at a 67.5% margin.
GAP said the merger valuations remain preliminary and subject to change.
Following the announcement, the Grupo Aeroportuario del Pacifico share price was unchanged at US$232.77 before premarket trading began.
The company completed its acquisition of the remaining 25% interest in CBX, consolidated full ownership and internalised its technical assistance and technology-transfer operations in May 2026.
Grupo Aeroportuario also began establishing a proposed FIBRA that the company said could support approximately Ps. 40 billion of infrastructure investment across its 12 Mexican airports through 2029.