Press Release

Grupo Aeroportuario del Pacifico Reports Passenger Traffic Decrease of 15.2% for October 2008

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Posted 06 November 2008 @ 04:27 pm ET

GUADALAJARA, Mexico, Nov. 6 /PRNewswire-FirstCall/ -- Grupo Aeroportuariodel Pacifico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) ("the Company" or "GAP")announced preliminary terminal passenger traffic figures for the month ofOctober 2008 compared to traffic figures for October 2007.

During October 2008, total terminal passengers decreased 15.2% compared tothe previous year; international passenger traffic decreased 11.5%, whiledomestic passenger traffic decreased 16.8% compared to October 2007.

Compared to October 2007, domestic terminal passenger traffic in October2008 registered a net decrease of 215.7 thousand passengers, mainly at theairports of Tijuana with 96.2 thousand fewer passengers, Guadalajara with30.0 thousand fewer passengers, Hermosillo with 21.5 thousand fewerpassengers, Mexicali with 10.7 thousand fewer passengers and Guanajuato with10.2 thousand fewer passengers.

In the case of the Tijuana airport, this decline was principally due to areduction in traffic on the routes to Guadalajara, Mexico City, Toluca,Culiacan, Guanajuato, Morelia, Hermosillo, La Paz, Uruapan, Monterrey,Aguascalientes, Ciudad Juarez, Acapulco, Oaxaca and Los Cabos. These decreaseswere mainly due to the suspension of the operations of Aerocalifornia andAvolar, as well as the decline in operations from Aviacsa, Alma, VivaAerobusand Mexicana on routes to and from the previously mentioned cities.

The decline at the Guadalajara airport was due to a decrease in traffic onthe routes to and from Tijuana, Monterrey, Toluca, Hermosillo, PuertoVallarta, Mexicali, Culiacan, La Paz, Puebla, Torreon and Ciudad Juarez. Thiswas due to the exit of Aerocalifornia and Avolar, in addition to the reductionof frequencies from Aviacsa, Alma, and Aeromexico Connect.

The decline at the Hermosillo airport was primarily due to a decrease intraffic on the routes to and from Mexico City, Guadalajara, Tijuana,Monterrey, Toluca, Culiacan, Los Mochis, Ciudad Juarez and Mazatlan, as aresult of the reduction in operations of Aeromexico, VivaAerobus, Aviacsa andAeromexico Connect.

The decline at the Mexicali airport was principally due to the decrease inpassengers on the routes to and from Mexico City, Guadalajara, Tijuana,Monterrey and Culiacan. This was due to Aviacsa's ceasing of operations at theMexicali airport on May 12, 2008, which caused declines on the Mexico City andGuadalajara routes, as well as VivaAerobus, which beginning in November 2007,ceased to operate the route to Monterrey.

It is important to note that on July 24, 2008, the Mexican Civil AviationBureau (DGAC) suspended Aerocalifornia's operations, which represented 6.1% ofGAP's total traffic. As of today, Aerocalifornia has not restartedoperations.

Another important event occurred in October 2008, when the MexicanMinistry of Communications and Transportation (Secretaria de Comunicaciones yTransportes)("SCT") denied Avolar the renewal of the concession to operatenational public air service for cargo and mail services due to Avolar'sinability to satisfy necessary security, coverage and quality requirements.Avolar operated at three of the Company's twelve airports, representing 6.9%of the Company's domestic passenger traffic.

International terminal passenger traffic decreased by 60.6 thousandpassengers, or 11.5% compared to October 2007.

The airports that experienced an increase in international passengertraffic were Tijuana with 0.1 thousand additional passengers and Mexicali with0.1 thousand additional passengers.

On the other hand, the following airports experienced decreases ininternational passenger traffic: Guadalajara with 15.0 thousand fewerinternational passengers, Los Cabos with 15.0 thousand fewer internationalpassengers, Puerto Vallarta with 12.4 thousand fewer international passengers,Guanajuato with 9.1 thousand fewer international passengers, La Paz with2.5 thousand fewer international passengers and Hermosillo with 2.1 thousandfewer international passengers, among others.

In the case of the Guadalajara airport, the decrease was primarily due tothe decline in international traffic, mainly from passengers travelling to andfrom Los Angeles, Dallas, Atlanta, Oakland, Denver, Chicago (Midway), Phoenix,Ontario, Las Vegas and Salt Lake City.

In the case of Los Cabos, the decrease was due to a decline ininternational passenger traffic on routes to and from Denver, San Franciscoand Houston.

The decrease at the Puerto Vallarta airport was due to the decline ininternational passenger traffic to and from Dallas, Houston, Chicago, Denver,Seattle, Atlanta and Salt Lake City.

The decrease at the Guanajuato airport was due to the decline in trafficto and from Los Angeles, Houston and Chicago.

The decline at the La Paz airport was due to the decline in traffic to andfrom Los Angeles, as a result of Delta's withdrawal from that airport inSeptember 2008, as well as to the lower number of available seats from AlaskaAirlines, which beginning in October began operating that route via itspartner, Horizon Air.

Low-Cost Carriers

At the close of October 2008, the weekly schedule of flights operated byLCC's decreased by 36 weekly segments compared to September 2008, for a totalof 914 frequencies. We estimate that the decline in frequencies wasprimarily due to the reordering of routes and frequencies by the airlines inorder to increase profitability, which has been affected by the highlycompetitive market environment.

In October 2008, approximately 547.03 thousand passengers were transportedby the LCC's, representing approximately 51.05% of the total number ofdomestic passengers for this month.

Company Description:

Grupo Aeroportuario del Pacifico, S.A.B. de C.V. (GAP) operates twelveairports throughout Mexico's Pacific region, including the major cities ofGuadalajara and Tijuana, the four tourist destinations of Puerto Vallarta, LosCabos, La Paz and Manzanillo, and six other mid-sized cities: Hermosillo,Guanajuato, Morelia, Aguascalientes, Mexicali and Los Mochis. In February2006, GAP's shares were listed on the New York Stock Exchange under the tickersymbol "PAC" and on the Mexican Stock Exchange under the ticker symbol "GAP".

This press release may contain forward-looking statements. Thesestatements are not historical facts, and are based on management's currentview and estimates of future economic circumstances, industry conditions,company performance and financial results. The words "anticipates","believes", "estimates", "expects", "plans" and similar expressions, as theyrelate to the company, are intended to identify forward-looking statements.Statements regarding the declaration or payment of dividends, theimplementation of principal operating and financing strategies and capitalexpenditure plans, the direction of future operations and the factors ortrends affecting financial conditions, liquidity or results of operations areexamples of forward-looking statements. Such statements reflect the currentviews of management and are subject to a number of risks and uncertainties.There is no guarantee that the expected events, trends or results willactually occur. The statements are based on many assumptions and factors,including general economic and market conditions, industry conditions, andoperating factors. Any changes in such assumptions or factors could causeactual results to differ materially from current expectations.

In accordance with Section 806 of the Sarbanes-Oxley Act of 2002 andarticle 42 of the "Ley del Mercado de Valores", GAP has implemented a"whistleblower" program, which allows complainants to anonymously andconfidentially report suspected activities that may involve criminal conductor violations. The telephone number in Mexico, facilitated by a third partythat is in charge of collecting these complaints, is 800-759-0045. GAP's AuditCommittee will be notified of all complaints for immediate investigation.

For more information, visit: http://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 (333) 8801100 ext 216 maliaga@aeropuertosgap.com.mx In the U.S. Maria Barona / Peter Majeski i-advize Corporate Communications Tel: 212 406 3690 gap@i-advize.comSOURCE Grupo Aeroportuario del Pacifico, S.A.B. de C.V.


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