Grupo Aeroportuario Del Pacifico Reports Strong Q2 Earnings Despite Declining Passenger Traffic
Despite a 5.6% decline in passenger volume during the second quarter, Grupo Aeroportuario Del Pacifico (PAC) reported improved profitability with revenue up 4.9%, and EBITDA rising by 8.4%. Non-aeronautical revenue growth of 23.9% was driven by commercial businesses such as cargo, advertising, hotel operations, convenience stores, and parking.
Tickers: $PAC
Topics: airports ebitda revenue_growth traffic_trends