Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC), commonly known as GAP, is a leading airport operator in Mexico. Established in 1998 as part of the federal government’s airport privatization program, GAP holds long‐term concession agreements—typically 50 years—to manage, develop and operate airports under a public–private partnership model. Through these concessions, the company undertakes terminal expansions, runway maintenance and the modernization of navigation and security systems.
The company’s portfolio comprises 12 airports across Mexico’s Pacific and western regions, including major hubs such as Guadalajara, Tijuana, Los Cabos, Puerto Vallarta and Mazatlán, as well as regional facilities in Aguascalientes, Morelia and La Paz. In 2012, GAP further diversified its geographic reach by acquiring the concession to operate Aerostar, the operator of Luis Muñoz Marín International Airport in San Juan, Puerto Rico.
GAP’s core services span airport operations, commercial retail and food-and-beverage concessions, parking management, ground handling coordination and security oversight. The company collaborates with airlines, government agencies and local communities to optimize capacity, enhance passenger experience and promote tourism and business travel. Infrastructure investments are supported by revenue streams from aeronautical fees, retail leases and advertising concessions.
After its initial public offering on the Bolsa Mexicana de Valores in 2006 (ticker GAP) and its subsequent listing on the New York Stock Exchange in 2011 (NYSE:PAC), the company has pursued a strategy of targeted expansion and modernization. Guided by a board of directors and an executive team with extensive expertise in aviation and infrastructure development, GAP continues to invest in strategic projects to accommodate growing air traffic demand across the Americas.
