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Grupo Aeroportuario del Pacifico Announces Changes to Passenger Charges

Posted : Fri, 30 Oct 2009 21:21:59 GMT
Author : Grupo Aeroportuario del Pacifico, S.A.B. de C.V.
Category : Press Release
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GUADALAJARA, Mexico, Oct. 30 GAP-charge-change
GUADALAJARA, Mexico, Oct. 30 /PRNewswire-FirstCall/ -- Grupo Aeroportuario del Pacifico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) ("the Company" or "GAP") announced today additional information regarding passenger charges.
As per the press release issued October 19 regarding passenger charges, GAP informs that all of the airlines that currently operate at the Company's airports, have opted to continue collecting passenger charges on behalf of GAP. As a result, this process will not affect passengers, thus passenger charges would continue being included in the price of the airplane ticket.
It is important to clarify that the administrative process portion of this agreement between the airlines and GAP has yet to be completed, thus in the case that any one of the airlines is unable to complete this process and the passenger charges would need to be collected at the airport in the future, GAP would give passengers of that airline advance notice.
Company Description:
Grupo Aeroportuario del Pacifico, S.A.B. de C.V. (GAP) operates 12 airports throughout Mexico's Pacific region, including the major cities of Guadalajara and Tijuana, the four tourist destinations of Puerto Vallarta, Los Cabos, La Paz and Manzanillo, and six other mid-sized cities: Hermosillo, Bajio, Morelia, Aguascalientes, Mexicali and Los Mochis. In February 2006, GAP's shares were listed on the New York Stock Exchange under the ticker symbol "PAC" and on the Mexican Stock Exchange under the ticker symbol "GAP".
This press release may contain forward-looking statements. These statements are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial conditions, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.
In accordance with Section 806 of the Sarbanes-Oxley Act of 2002 and article 42 of the "Ley del Mercado de Valores," GAP has implemented a "whistleblower" program, which allows complainants to anonymously and confidentially report suspected activities that may involve criminal conduct or violations. The telephone number in Mexico, facilitated by a third party that is in charge of collecting these complaints, is 800-759-0045. GAP's Audit Committee will be notified of all complaints for immediate investigation.
    For more information, visit: www.aeropuertosgap.com.mx or contact:

    In Mexico
    Miguel Aliaga, Investor Relations Officer
    Grupo Aeroportuario del Pacifico, S.A.B. de C.V.
    Tel: 01 52 (333) 8801100 ext 216
    maliaga@aeropuertosgap.com.mx

    In the U.S.
    Maria Barona / Kenia Vargas
    i-advize Corporate Communications
    Tel: 212 406 3691
    gap@i-advize.com
SOURCE Grupo Aeroportuario del Pacifico, S.A.B. de C.V.

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