<SEC-DOCUMENT>0001171843-24-000315.txt : 20240122
<SEC-HEADER>0001171843-24-000315.hdr.sgml : 20240122
<ACCEPTANCE-DATETIME>20240119182700
ACCESSION NUMBER:		0001171843-24-000315
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20240119
FILED AS OF DATE:		20240122
DATE AS OF CHANGE:		20240119

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Pacific Airport Group
		CENTRAL INDEX KEY:			0001347557
		STANDARD INDUSTRIAL CLASSIFICATION:	AIRPORTS, FLYING FIELDS & AIRPORT TERMINAL SERVICES [4581]
		ORGANIZATION NAME:           	01 Energy & Transportation
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			O5
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-32751
		FILM NUMBER:		24546671

	BUSINESS ADDRESS:	
		STREET 1:		AVENIDA MARIANO OTERO NO. 1249, PISO 6
		STREET 2:		COL. RINCONADA DEL BOSQUE
		CITY:			GUADALAJARA, JALISCO
		STATE:			O5
		ZIP:			45140
		BUSINESS PHONE:		(52)(33) 3880-1100

	MAIL ADDRESS:	
		STREET 1:		AVENIDA MARIANO OTERO NO. 1249, PISO 6
		STREET 2:		COL. RINCONADA DEL BOSQUE
		CITY:			GUADALAJARA, JALISCO
		STATE:			O5
		ZIP:			45140
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>f6k_011924.htm
<DESCRIPTION>FORM 6-K
<TEXT>
<html><head><title></title></head><body style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><div align="center"><div style="margin-top: 3pt; margin-bottom: 12pt;"><div style="font-size: 1pt; border-top: Black 2.5pt solid; border-bottom: Black 1.1pt solid; width: 100%;">&#160;</div></div><p style="font-size: 14pt;" align="center"><strong>UNITED STATES</strong><br /><strong>SECURITIES AND EXCHANGE COMMISSION</strong><br /><strong>Washington, D.C. 20549</strong></p><p style="font-size: 14pt; text-transform: uppercase;" align="center"><strong>Form 6-K</strong></p><p style="text-align: center;"><strong></strong></p><p style="text-align: center;"><strong>REPORT OF FOREIGN PRIVATE <br />ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER <br />THE SECURITIES EXCHANGE ACT OF 1934</strong></p><p style="text-align: center;"><strong></strong><strong>For the month of January 2024</strong></p><p style="text-align: center;">Commission File Number: <strong>001-32751</strong></p><p style="text-align: center;"><font style="font-size: 12pt;"><strong>GRUPO AEROPORTUARIO DEL PAC&#205;FICO S.A.B. DE C.V.<br />(PACIFIC AIRPORT GROUP)</strong></font><!--Grupo Aeroportuario del Pac&#237;fico, S.A.B. de C.V.--><br />(Translation of registrant's name into English)</p><p style="text-align: center;"><font style="font-size: 12pt;">M&#233;xico</font><br />(Jurisdiction of incorporation or organization)</p><p style="text-align: center;">Avenida Mariano Otero No. 1249-B<br />Torre Pacifico, Piso 6<br />Col. Rinconada del Bosque<br />44530 Guadalajara, Jalisco, M&#233;xico<!--Avenida Mariano Otero No. 1249-B Torre Pac&#237;fico, Piso 6 Col. Rinconada del Bosque--><br />(Address of principal executive office)</p></div><p>Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.<br />Form 20-F [&#160;X ] &#160;&#160;&#160;&#160;&#160;Form 40-F [&#160;&#160; ]</p><!--<p>Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): </p><p><strong>Note:&#160;</strong>Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.</p><p>Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): </p><p><strong>Note:&#160;</strong>Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.&#160;</p>--><hr style="page-break-after: always;" noshade="noshade" /><p style="text-align: center;"><font style="font-size: 14pt;"><strong>Grupo Aeroportuario del Pacifico Announces Growth Guidance for the Full Year 2024</STRONG></FONT></P><P STYLE="text-align: center"><STRONG></STRONG></P><P>
 <P ALIGN="JUSTIFY">GUADALAJARA, Mexico, Jan.  19, 2024  (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pac&#237;fico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) (&#8220;the Company&#8221; or &#8220;GAP&#8221;) announced today its growth guidance for the full year 2024 compared to 2023.</P> <TABLE STYLE="width: 100%; border-collapse: collapse !important; border-collapse: collapse"><TR><TD STYLE="max-width: 20%; width: 20%; min-width: 20%; vertical-align: middle; text-align: left; padding-left: 10px"><font style="font-size: 10pt">&#160;</font></TD><TD STYLE="border: black 1pt solid; max-width: 30%; width: 30%; min-width: 30%; vertical-align: middle; text-align: left; padding-left: 10px"><font style="font-size: 10pt">Traffic</font></TD><TD STYLE="border: black 1pt solid; max-width: 30%; width: 30%; min-width: 30%; text-align: center; vertical-align: middle"><font style="font-size: 10pt">(5%)
                                            - (3%)</font></TD><TD STYLE="max-width: 20%; width: 20%; min-width: 20%; text-align: center; vertical-align: middle"><font style="font-size: 10pt">&#160;</font></TD></TR><TR><TD STYLE="vertical-align: middle; text-align: left; padding-left: 10px"><font style="font-size: 10pt">&#160;</font></TD><TD STYLE="border: black 1pt solid; vertical-align: middle; text-align: left; padding-left: 10px"><font style="font-size: 10pt">Aeronautical
                                            revenues</font></TD><TD STYLE="border: black 1pt solid; text-align: center; vertical-align: middle"><font style="font-size: 10pt">(4%)
                                            - (2%)</font></TD><TD STYLE="text-align: center; vertical-align: middle"><font style="font-size: 10pt">&#160;</font></TD></TR><TR><TD STYLE="vertical-align: middle; text-align: left; padding-left: 10px"><font style="font-size: 10pt">&#160;</font></TD><TD STYLE="border: black 1pt solid; vertical-align: middle; text-align: left; padding-left: 10px"><font style="font-size: 10pt">Non-aeronautical
                                            revenues</font></TD><TD STYLE="border: black 1pt solid; text-align: center; vertical-align: middle"><font style="font-size: 10pt">12%
                                            - 14%</font></TD><TD STYLE="text-align: center; vertical-align: middle"><font style="font-size: 10pt">&#160;</font></TD></TR><TR><TD STYLE="vertical-align: middle; text-align: left; padding-left: 10px"><font style="font-size: 10pt">&#160;</font></TD><TD STYLE="border: black 1pt solid; vertical-align: middle; text-align: left; padding-left: 10px"><font style="font-size: 10pt">Total
                                            revenues</font></TD><TD STYLE="border: black 1pt solid; text-align: center; vertical-align: middle"><font style="font-size: 10pt">0%
                                            - 2%</font></TD><TD STYLE="text-align: center; vertical-align: middle"><font style="font-size: 10pt">&#160;</font></TD></TR><TR><TD STYLE="vertical-align: middle; text-align: left; padding-left: 10px"><font style="font-size: 10pt">&#160;</font></TD><TD STYLE="border: black 1pt solid; vertical-align: middle; text-align: left; padding-left: 10px"><font style="font-size: 10pt">EBITDA</font></TD><TD STYLE="border: black 1pt solid; text-align: center; vertical-align: middle"><font style="font-size: 10pt">(7%)
                                            - (5%)</font></TD><TD STYLE="text-align: center; vertical-align: middle"><font style="font-size: 10pt">&#160;</font></TD></TR><TR><TD STYLE="vertical-align: middle; text-align: left; padding-left: 10px"><font style="font-size: 10pt">&#160;</font></TD><TD STYLE="border: black 1pt solid; vertical-align: middle; text-align: left; padding-left: 10px"><font style="font-size: 10pt">EBITDA
                                            Margin</font></TD><TD STYLE="border: black 1pt solid; text-align: center; vertical-align: middle"><font style="font-size: 10pt">65%
                                            + - 1%</font></TD><TD STYLE="text-align: center; vertical-align: middle"><font style="font-size: 10pt">&#160;</font></TD></TR><TR><TD STYLE="vertical-align: middle; text-align: left; padding-left: 10px"><font style="font-size: 10pt">&#160;</font></TD><TD STYLE="border: black 1pt solid; vertical-align: middle; text-align: left; padding-left: 10px"><font style="font-size: 10pt">CAPEX</font></TD><TD STYLE="border: black 1pt solid; text-align: center; vertical-align: middle"><font style="font-size: 10pt">Ps.
                                            9.0 billion</font></TD><TD STYLE="text-align: center; vertical-align: middle"><font style="font-size: 10pt">&#160;</font></TD></TR></TABLE> <P ALIGN="CENTER"></P>  <P><font style="font-size: 10pt"><br>&#183;
                                            Passenger traffic estimates are based on the consolidation of the routes developed to date,
                                            the estimated load factors, and the aircrafts expected to be grounded due to the accelerated
                                            GTF engine preventive inspections.<br></font></P>  <P ALIGN="JUSTIFY">&#183; The revenues are based on traffic performance, applicable passenger fees, inflation, contract terms, and current commercial agreements, as well as the development of other business lines operated directly by the Company.</P>  <P ALIGN="JUSTIFY">&#183; The increase in the cost of services reflects operating requirements needed to meet airport service demand, infrastructure expansion and quality service improvements, inflation, increase in minimum wages, increase in the concession taxes, and the hiring of additional personnel for the operations, maintenance, security, and cleaning.</P>  <P ALIGN="JUSTIFY">&#183; CAPEX reflects committed investments for GAP airports under the Master Development Program as well as investments in commercial spaces, parking lots, and the final stage of the Mixed-use Building at Guadalajara airport.</P>  <P ALIGN="JUSTIFY">These figures are based on the Company&#8217;s current expectation of domestic and international aeronautical industry growth during 2024, as supported by GAP&#8217;s strategy of focusing on medium- and long-term business fundamentals.</P>  <P ALIGN="JUSTIFY">These figures are estimates based on current assumptions that management believes are reasonable. Many of the factors affecting these current assumptions and the estimates on which they are based are outside of the Company&#8217;s control. They are subject to change over the year based on various external factors including, but not limited to, airline performance, domestic and international economic conditions, and government regulations. For a more extensive list of risk factors that could affect our business, please refer to GAP&#8217;s annual report on Form 20-F for the year ended December 31, 2022, published in April 2023.</P>  <P><STRONG>COMPANY DESCRIPTION</STRONG></P>  <P ALIGN="JUSTIFY">Grupo Aeroportuario del Pac&#237;fico, S.A.B. de C.V. (GAP) operates 12 airports throughout Mexico &#8217;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&#8217;s shares were listed on the New York Stock Exchange under the ticker symbol &#8220;PAC&#8221; and on the Mexican Stock Exchange under the ticker symbol &#8220;GAP&#8221;. 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="width: 100%; border-collapse: collapse !important; border-collapse: collapse"><TR><TD STYLE="border: black 1pt solid; max-width: 100%; width: 100%; min-width: 100%"><font style="font-size: 10pt">This
                                            press release may contain forward-looking statements. These statements are statements that
                                            are not historical facts and are based on management&#8217;s current view and estimates of
                                            future economic circumstances, industry conditions, company performance and financial results.
                                            The words &#8220;anticipates&#8221;, &#8220;believes&#8221;, &#8220;estimates&#8221;, &#8220;expects&#8221;,
                                            &#8220;plans&#8221; 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
                                            actually 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.&#160;</font></TD></TR></TABLE> <P ALIGN="JUSTIFY">In accordance with Section 806 of the Sarbanes-Oxley Act of 2002 and Article 42 of the &#8220;Ley del Mercado de Valores&#8221;, GAP has implemented a &#8220;whistleblower&#8221; 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 www.lineadedenunciagap.com&#160;or by email at denuncia@lineadedenunciagap.com. GAP&#8217;s Audit Committee will be notified of all complaints for immediate investigation.</P> <TABLE STYLE="width: 100%; border-collapse: collapse !important; border-collapse: collapse"><TR><TD CLASS="hugin" STYLE="max-width: 50%; width: 50%; min-width: 50%"><font style="font-size: 10pt">Alejandra
                                            Soto, Investor Relations and Social Responsibility Officer</font></TD><TD CLASS="hugin" STYLE="max-width: 50%; width: 50%; min-width: 50%"><font style="font-size: 10pt">asoto@aeropuertosgap.com.mx</font></TD></TR><TR><TD CLASS="hugin"><font style="font-size: 10pt">&#160;</font></TD><TD CLASS="hugin"><font style="font-size: 10pt">&#160;</font></TD></TR><TR><TD CLASS="hugin"><font style="font-size: 10pt">Gisela
                                            Murillo, Investor Relations</font></TD><TD CLASS="hugin"><font style="font-size: 10pt">gmurillo@aeropuertosgap.com.mx/+52
                                            33 3880 1100 ext. 20294</font></TD></TR></TABLE></P><p /><hr style="page-break-after: always;" noshade="noshade" /><p style="text-align: center;"><strong>SIGNATURES</strong></p><p>Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</p><table style="font-family: Times New Roman; font-size: 10pt;" border="0" width="100%" cellspacing="0" cellpadding="0"><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td style="text-decoration: underline;" align="center" width="47%"><strong>&#160;&#160;&#160;&#160;Grupo Aeroportuario del Pac&#237;fico, S.A.B. de C.V.&#160;&#160;&#160;&#160;</strong></td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%">(Registrant)</td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%">&#160;</td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%"></td></tr><tr valign="top"><td width="47%">Date: January 19, 2024</td><td width="6%">&#160;</td><td style="text-decoration: underline;" align="center" width="47%">&#160;&#160;&#160;&#160;/s/ SA&#218;L VILLARREAL GARC&#205;A&#160;&#160;&#160;&#160;</td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%">Sa&#250;l Villarreal Garc&#237;a</td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%">Chief Financial Officer</td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%"></td></tr></table></body></html>
</TEXT>
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