GAP reported solid third-quarter results for 2025, achieving a 17.4% rise in total revenues despite a decline in international passenger traffic due to external challenges. The company's diversification strategy and significant progress in capital investments highlight its resilience and forward momentum.
- Total passenger traffic rose by 2.5% year-over-year, reaching 15.8 million, underpinned by new domestic routes and increased frequencies.
- Aeronautical revenues grew by 18.3%, driven by tariff adjustments implemented ahead of schedule, while non-aeronautical revenue surged 15.6% due to expansions and contract renegotiations.
- EBITDA increased by 12.8% to MXN 5.1 billion, with a maintained margin of 64.3%, despite higher operational costs resulting from regulatory changes.
- GAP concluded the quarter with MXN 11.7 billion in cash, reflecting strong liquidity and effective capital management, including MXN 8.5 billion in new bond issuances.
- Strategic expansion efforts are ongoing, including bids for the Turks and Caicos tender and potential acquisition of Motiva Airports, signaling GAP's commitment to long-term growth.
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