Grupo Aeroportuario del Pacifico Informs Regarding Re-Initiation of Operations at Los Cabos International Airport
Grupo Aeroportuario del Pac’ifico, S.A.B. de C.V. (NYSE:PAC) (BMV:GAP) (“the Company” or “GAP”) announced that at 11:35 am local time today, the Los Cabos International Airport (SJD)(the “Airport”) received its first flight, which originated in Mexico City with 150 passengers, thereby re-initiating operations 5 days ahead of the anticipated schedule.
On October 2, 2014, the Mexican Bureau of Civil Aviation (DGAC), the Mexican aeronautical authority, issued a NOTAM (Notice to Airmen), in which it informed that the Airport would be able to be opened to domestic and international commercial flights, operating under the standard security protocols in Terminal 2.
This terminal has been closed for 18 days since September 15th; a sufficient and stable electrical power supply for clean-up and equipment and system restoration efforts was restored during the evening of October 2nd.
It is important to note that, in addition to aeronautical services for the arrival and departure of international and domestic passengers, the Airport has re-opened its commercial areas, including food and beverage services, as well as its ground transportation services.
Remodeling of the remaining areas of the airport will be conducted on a gradual basis in accordance with the delivery of technical and construction materials.
The Company reaffirms its commitment to the federal government, the aeronautical authority and the government of State of Baja California Sur to re-establish normal airport frequencies by those airlines that typically serve the Airport and the level of service that passengers arriving and departing at the Airport are accustomed to receive.
For more information please visit www.aeropuertosgap.com.mx
Grupo Aeroportuario del Pac’ifico, 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, Guanajuato, 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 01-800-563-0047. The web site is http://www.lineadenuncia.org/gap. GAP’s Audit Committee will be notified of all complaints for immediate investigation.
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