Pacific Airport Group Begins Trust Process for 40 Billion Peso Investment

Grupo Aeroportuario del Pacífico (GAP) is embarking on a significant financial initiative, commencing the process to establish an irrevocable trust. This trust, designed to issue investment certificates, aims to channel substantial capital into the development and modernization of its 12 Mexican airports. This strategic move underscores GAP's commitment to enhancing the passenger experience and bolstering the infrastructure necessary for continued growth in air travel.

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With the first issuance of FIBRA GAP, each of the 12 airports aims to obtain resources that will allow the complementary execution of the Master Development Program for the period 2026 - 2029, which contemplates investments of approximately 40 billion pesos.

The core of this initiative is the creation of FIBRA GAP, which will acquire a minority stake in the operating companies of GAP's airports. This structure is intended to unlock significant investment, with the initial issuance projected to fund a development program valued at approximately 40 billion pesos between 2026 and 2029. These investments are crucial for expanding terminal capacity, improving security checkpoints, and upgrading airfield facilities, ensuring Mexico's airports remain competitive and efficient.

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The Master Development Program will generate relevant growth in airport infrastructure, including an approximate increase of 60% in passenger terminals, 35% in inspection points and accesses, 25% in aircraft parking positions, and 10% in flight fields.

From Mexico's perspective, this development is a positive indicator of confidence in the country's economic future and its aviation sector. The planned infrastructure upgrades are expected to generate considerable economic benefits, including the creation of direct and indirect employment and a multiplier effect on local economies surrounding the airports. This proactive approach by GAP demonstrates a forward-thinking strategy to meet the growing demand for air travel and to contribute to the nation's overall development, signaling a robust outlook for the industry.

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These investments will contribute to economic development in the airport's surroundings, through the generation of direct and indirect employment, as well as a multiplier effect on investment.