GUADALAJARA, Mexico, May  09, 2026  (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC, BMV:GAP) (the &#34;Company&#34; or &#34;GAP&#34;) announces that it has initiated the process for the potential

BMV:GAP

Grupo Aeroportuario del Pacifico Announces Initiation of the Process to Establish a FIBRA

GAP Announces FIBRA Gap Initiative for Major Infrastructure Investment

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>GUADALAJARA, Mexico, May  09, 2026  (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC, BMV:GAP) (the &amp;#34;Company&amp;#34; or &amp;#34;GAP&amp;#34;) announces that it has initiated the process for the potential</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Grupo Aeroportuario del Pacífico (GAP) is establishing FIBRA GAP to raise funds, targeting Ps. 40 billion for airport infrastructure improvements in its concession areas. This initiative is expected to enhance operational capacities significantly and spur local economic development. Investors should monitor infrastructure growth as it may positively impact revenue streams.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>GAP initiates process for infrastructure investment via FIBRA GAP.</li><li>Ps. 40 billion allocated for Master Development Program (2026-2029).</li><li>Program aims to increase airport capacities and create jobs.</li><li>FIBRA GAP will provide additional funding for ongoing projects.</li><li>GAP operates 12 key Mexican airports, enhancing regional connectivity.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Grupo Aeroportuario del Pacífico (GAP)</strong>: FIBRA GAP initiative could enhance infrastructure and revenue growth.</li><li><strong>Desarrollo de Concessioner Aeroportuarias (N/A)</strong>: GAP acquired this company to expand its international airport operations.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This falls under &#039;Corporate Developments&#039; due to the strategic initiative to establish FIBRA GAP, highlighting GAP&#039;s proactive approach to infrastructure investment. It indicates long-term growth potential in the airport sector in Mexico.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>FIBRA GAP&#039;s creation could lead to increased funding for future projects.</li><li>The investment program&#039;s scale may significantly enhance airport revenue.</li><li>Job creation from infrastructure investment could boost local economies and demand.</li><li>Market reaction may favor shares as growth in infrastructure enhances valuation.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>GAP plans to issue Ps. 40 billion for airport infrastructure improvements.</li><li>The Master Development Program spans 2026-2029.</li><li>Infrastructure enhancements include a 60% increase in terminal capacity.</li><li>GAP operates 12 airports, key to Mexico&#039;s Pacific region.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Consider accumulating BMV:GAP shares as the FIBRA GAP initiative is likely to drive growth over the medium term.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">GUADALAJARA, Mexico, May  09, 2026  (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/PAC">PAC</a>, BMV:<a class="ticker" href="https://www.benzinga.com/quote/GAP">GAP</a>) (the "Company" or "GAP") announces that it has initiated the process for the potential establishment of an Irrevocable Trust for the Issuance of Energy and Infrastructure Investment Trust Certificates ("FIBRA GAP"), with the objective of subscribing a minority equity interest in the 12 Mexican airport concessionaires operated by GAP.</p>  <p align="justify">Through the initial issuance of FIBRA GAP, each of the 12 airports intends to obtain funds to complement the execution of the Master Development Program for the 2026–2029 period, which contemplates investments of approximately Ps. 40.0 billion.</p>  <p align="justify">The Master Development Program will generate significant growth in airport infrastructure, including an approximate increase of 60% in terminals, 35% in inspection points and access areas, 25% in aircraft parking positions, and 10% in airside infrastructure.</p>  <p align="justify">These investments will contribute to economic development in the areas surrounding the airports through the generation of direct and indirect employment, as well as a multiplier effect on investment.</p>  <p align="justify">The investment made by FIBRA GAP in the airports will represent an additional source of funds to invest in airport infrastructure, complementing the debt securities issuances under the program that GAP has utilized since 2015.</p>  <p><strong>Company Description</strong></p>  <p align="justify">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.</p> <table style="border-collapse: collapse; width:100.041%; border-collapse:collapse ;"><tr><td style="width:99.5471%;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; ">This press release may contain forward-looking statements. These statements are statements that 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 condition, 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 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.</td></tr><tr><td style="width:99.5471%;"> </td></tr></table> <p align="justify">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 <a href="http://www.lineadedenunciagap.com" title="www.lineadedenunciagap.com">www.lineadedenunciagap.com</a> or by email at <a href="mailto:denuncia@lineadedenunciagap.com">denuncia@lineadedenunciagap.com</a>. GAP's Audit Committee will be notified of all complaints for immediate investigation.</p> <p><br></br><table style="border-collapse: collapse; width:100%; border-collapse:collapse ;"><tr><td style="max-width:50%; width:50%; min-width:50%;;text-align: left ;  vertical-align: middle; vertical-align: top ; ">Alejandra Soto Investor Relations and Social Responsibility Officer</td><td style="max-width:50%; width:50%; min-width:50%;;text-align: left ;  vertical-align: middle; vertical-align: top ; ">asoto@aeropuertosgap.com.mx</td></tr><tr><td style="text-align: left ;  vertical-align: middle; vertical-align: middle ; "> </td><td style="text-align: left ;  vertical-align: middle; vertical-align: middle ; "> </td></tr><tr><td style="text-align: left ;  vertical-align: middle; vertical-align: top ; ">Gisela Murillo, Investor Relations</td><td style="text-align: left ;  vertical-align: middle; vertical-align: top ; ">gmurillo@aeropuertosgap.com.mx<br></br>+52 33 3880 1100 ext. 20294</td></tr></table><br></br></p><img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTcxNjkwOSM3NTkzODQwIzIxMjMxOTM="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/YWViYTVlMWYtYWExMi00ZjE3LWFhMTEtZjg0OTZiYjUyOTRjLTExMzQ3NjQtMjAyNi0wNS0wOS1lbg==/tiny/Grupo-Aeroportuario-del-Pac-fi.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/a8b922ac-5cd6-4342-afd5-c5c2aea7213c"><img src="https://ml.globenewswire.com/media/a8b922ac-5cd6-4342-afd5-c5c2aea7213c/small/gap-logo-png.png" border="0" width="150" height="47" alt="Primary Logo"></img></a></p>

Grupo Aeroportuario del Pacífico (GAP) is establishing FIBRA GAP to raise funds, targeting Ps. 40 billion for airport infrastructure improvements in its concession areas. This initiative is expected to enhance operational capacities significantly and spur local economic development. Investors should monitor infrastructure growth as it may positively impact revenue streams.

Grupo Aeroportuario del Pacifico Announces Initiation of the Process to Establish a FIBRA

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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