Latest news with #airportoperations
Associated Press
3 days ago
- Business
- Associated Press
Grupo Aeroportuario del Pacifico Announces Drawdown of Ps. 3,375 Million Credit Facility
GUADALAJARA, Mexico, May 30, 2025 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) ('the Company' or 'GAP') announces that today it drew down a credit facility with Banco Nacional de México, S.A. ('Banamex') for Ps. 3,375 million, with a five-year term. Interest will be payable monthly at a variable rate of TIIE-28 (Funding) plus 54 basis points, without fees and principal payment on May 30, 2030, The proceeds from this credit will be used to repay existing bank loans currently held with Banamex of Ps. 2,500 million and BBVA of Ps. 875 million. Company Description Grupo Aeroportuario del Pacífico, 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'. In April 2015, GAP acquired 100% of Desarrollo de Concessioner Aeroportuarias, S.L., which owns a majority stake in MBJ Airports Limited, a company operating Sangster International Airport in Montego Bay, Jamaica. In October 2018, GAP entered into a concession agreement for the Norman Manley International Airport operation in Kingston, Jamaica, and took control of the operation in October 2019. 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 involve criminal conduct or violations. The telephone number in Mexico, facilitated by a third party responsible for collecting these complaints, is 800 04 ETICA (38422) or WhatsApp +52 55 6538 5504. The website is or by email at [email protected]. GAP's Audit Committee will be notified of all complaints for immediate investigation.
Zawya
5 days ago
- Business
- Zawya
Matarat Holding and Thales to boost digital transformation in Saudi Arabia's airport sector
Matarat and Thales will explore applications of smart technologies to modernize airport operations and management, driving digital transformation across Matarat's network. The partnership will also enable the implementation of advanced digital platforms and next-generation infrastructures in Matarat Airports. Riyadh, Kingdom of Saudi Arabia – Matarat Holding has signed a Memorandum of Understanding (MoU) with Thales, a global leader in advanced technologies. This strategic partnership, signed at Passenger Terminal Expo in Madrid, Spain, seeks to drive innovation, operational efficiency, and improved passenger experience through digital solutions and collaborative technological advancements. Matarat Holding leads manage the operations of 27 airports in the Kingdom of Saudi Arabia through its subsidiaries (Riyadh Airports, Jeddah Airports, Dammam Airports, and Cluster 2), and the MoU establishes a comprehensive framework for cooperation across multiple strategic areas of aviation development. Through this partnership, Thales will implement its expertise in smart technologies to modernize airport operations and management, driving digital transformation across Matarat's subsidiaries. The collaboration will focus on sharing innovation and best practices to enhance service quality, streamline operational processes, and adopt future-ready solutions that set new industry standards. A key priority of the agreement is enhancing the traveler experience by leveraging Thales's advanced capabilities in AI, biometrics, automation, and data-driven systems to create seamless andsecure passenger journeys. The partnership will also enable the implementation of advanced digital platforms and next-generation infrastructure in Matarat Airports. Bernard Roux, CEO of Thales in Saudi Arabia and Central Asia, emphasized the partnership's significance: "This collaboration with Matarat Holding represents a transformative step in reshaping the future of Saudi aviation. By combining Thales's expertise in digital transformation with Matarat's operational excellence, we are not just implementing technologies - we are co-creating a smart and safe aviation ecosystem. Our joint solutions in AI, cybersecurity and connected systems will set new benchmarks for operational efficiency, enhanced passenger experience, and national security, directly contributing to the Kingdom's Vision 2030 ambitions to become a global aviation leader."
Arabian Business
23-05-2025
- Business
- Arabian Business
Saudi's Matarat, Thales sign MoU to boost airport innovation, passenger experience
Matarat Holding, which monitors the operations of 27 airports in Saudi Arabia through its subsidiaries, announced the signing of a Memorandum of Understanding (MoU) with Thales, a global leader in advanced technologies. The strategic partnership, signed at Passenger Terminal Expo in Madrid, Spain, seeks to drive innovation, operational efficiency, and improved passenger experience through digital solutions and collaborative technological advancements. The MoU envisages establishing a comprehensive framework for cooperation across multiple strategic areas of aviation development. Through this partnership, Thales will implement its expertise in smart technologies to modernise airport operations and management, driving digital transformation across Matarat's subsidiaries. The collaboration will focus on sharing innovation and best practices to enhance service quality, streamline operational processes, and adopt future-ready solutions that set new industry standards. A key priority of the agreement is enhancing the traveller experience by leveraging Thales's advanced capabilities in AI, biometrics, automation, and data-driven systems to create seamless and secure passenger journeys. The partnership will also enable the implementation of advanced digital platforms and next-generation infrastructure in Matarat airports. Bernard Roux, CEO of Thales in Saudi Arabia and Central Asia, said the collaboration with Matarat Holding represents a transformative step in reshaping the future of Saudi aviation. 'By combining Thales's expertise in digital transformation with Matarat's operational excellence, we are not just implementing technologies – we are co-creating a smart and safe aviation ecosystem,' he said.
Associated Press
16-05-2025
- Business
- Associated Press
Corporación América Airports S.A. Reports April 2025 Passenger Traffic
LUXEMBOURG--(BUSINESS WIRE)--May 16, 2025-- Corporación América Airports S.A. (NYSE: CAAP), ('CAAP' or the 'Company'), one of the leading private airport operators in the world, reported today a 14.0% year-on-year (YoY) increase in passenger traffic in April 2025. This press release features multimedia. View the full release here: Monthly Passenger Traffic Performance (In million PAX) Passenger Traffic Overview Total passenger traffic increased by 14.0% in April compared to the same month in 2024. Domestic passenger traffic rose by 13.5% year-over-year (YoY), largely driven by a recovery in Argentina, as well as strong performances in Brazil and Italy. Meanwhile, international traffic grew by 14.1%, with all operating countries contributing positively YoY — except Ecuador — and with particularly strong performances in Brazil, Uruguay, and Italy. Notably, Argentina accounted for over 60% of the total traffic growth in April. In Argentina, total passenger traffic increased by 16.4% YoY, primarily driven by the ongoing recovery in domestic traffic, which rose by 13.9% YoY — marking two consecutive months of double-digit growth. JetSMART, which recently introduced the Aeroparque-Resistencia and Aeroparque-Trelew routes, continued to gain market share and is currently the second-largest domestic operator. During April, Aerolíneas Argentinas resumed its Salta-Rosario and Neuquén-Rosario routes, while Andes Líneas Aéreas incorporated two Boeing 737-700 aircraft into its fleet. International passenger traffic also remained strong, increasing by a solid 21.1% YoY. JetSMART increased the frequency of its Buenos Aires–Asunción route, while GOL resumed operations between Córdoba and São Paulo and announced it will offer daily flights between Buenos Aires and Brasília. Also in April, SKY inaugurated its Buenos Aires–Salvador de Bahía route, and Arajet increased frequencies on its Buenos Aires–Punta Cana route. In Italy, passenger traffic grew by 11.2% compared to the same month in 2024, mainly supported by an increase in flight frequencies by Ryanair. International passenger traffic — which accounted for over 80% of total traffic — rose by 10.3% YoY, driven by a 13.2% increase at Florence Airport and an 8.3% increase at Pisa Airport. Domestic passenger traffic grew by 15.0% YoY, driven by a robust performance at Pisa Airport. In Brazil, total passenger traffic increased by a solid 16.8% YoY, reflecting an improvement in traffic trends despite the still challenging aviation environment and aircraft constraints in the country. Domestic traffic, which accounted for nearly 60% of total traffic, rose by 16.2% YoY, while transit passengers increased by 12.8% YoY. In Uruguay, total passenger traffic — predominantly international — rose by 17.1% YoY, benefiting from additional demand generated by the Easter holiday. In March, Azul Linhas Aéreas announced a new direct route between Montevideo and Campinas, with five weekly flights. This new connection will help strengthen ties between Uruguay and Brazil, facilitating passenger flow and promoting the development of new commercial and tourism opportunities. In Ecuador, where security concerns persist, passenger traffic decreased by 1.8% YoY. International traffic declined by 3.3% YoY, mainly due to reduced operations to the U.S., while domestic traffic decreased slightly by 0.6% YoY, impacted by high airfares that have dampened travel demand. In Armenia, passenger traffic increased by 7.8% YoY. Travel demand has benefited from the introduction of new airlines and routes, as well as increased flight frequencies. Wizz Air recently announced the opening of a new base at Yerevan's Zvartnots Airport, with two aircraft and eight new direct routes to Europe. Cargo Volume and Aircraft Movements Cargo volume decreased by 2.3% compared to the same month in 2024, mainly due to volume reductions in Uruguay and Ecuador. Performance by country was as follows: Argentina (-0.5%), Uruguay (-14.2%), Italy (-1.0%), Armenia (+7.8%), Brazil (+2.4%), and Ecuador (-17.6%). Argentina, Brazil, and Armenia accounted for 80% of the total cargo volume in April. Aircraft movements increased by 11.3% YoY, with positive contributions from all countries of operation: Argentina (+13.4%), Uruguay (+23.1%), Italy (+7.0%), Armenia (+10.8%), Brazil (+7.9%), and Ecuador (+6.5%). Argentina, Brazil, and Italy accounted for more than 80% of total aircraft movements in April. Summary Passenger Traffic, Cargo Volume and Aircraft Movements (2025 vs. 2024) About Corporación América Airports Corporación América Airports acquires, develops and operates airport concessions. Currently, the Company operates 52 airports in 6 countries across Latin America and Europe (Argentina, Brazil, Uruguay, Ecuador, Armenia and Italy). In 2024, Corporación América Airports served 79.0 million passengers, 2.7% (or 0.4% excluding Natal) below the 81.1 million passengers served in 2023, and 6.2% below the 84.2 million served in 2019. The Company is listed on the New York Stock Exchange where it trades under the ticker 'CAAP'. For more information, visit View source version on CONTACT: Investor Relations Contact Patricio Iñaki Esnaola Email:[email protected] Phone: +5411 4899-6716 KEYWORD: LATIN AMERICA ARMENIA BRAZIL ARGENTINA URUGUAY SOUTH AMERICA UNITED STATES NORTH AMERICA ITALY ASIA PACIFIC ECUADOR LUXEMBOURG EUROPE NEW YORK INDUSTRY KEYWORD: AIR TRANSPORT LOGISTICS/SUPPLY CHAIN MANAGEMENT OTHER TRAVEL TRANSPORTATION TRAVEL SOURCE: Corporación América Airports Copyright Business Wire 2025. PUB: 05/16/2025 08:31 AM/DISC: 05/16/2025 08:31 AM
