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Mexican airport operator GAP reports Q3 income down 18%

Posted on: Wed, 28 Oct 2009 08:12:00 EDT

Symbols: PAC

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Oct 28, 2009 (AIRLINE INDUSTRY INFORMATION via COMTEX) --
PAC | Quote | Chart | News | PowerRating -- Mexican airport operator Grupo Aeroportuario del Pacifico SAB de CV
(GAP) (NYSE:PAC) (BMV:PAC) announced on Tuesday that it recorded net
income of MXN68.8m for the third quarter of 2009.

This represents a decline of 18.0% compared to the same period of last
year.

Revenues for the quarter decreased by 4.8%, or MXN40.2m, compared to
the third quarter 2008, primarily as a result of a 5.8%, or MXN37.8m,
drop in revenues from aeronautical services.

GAP operates 12 airports in the Pacific region of Mexico, including
airports serving the cities of Guadalajara and Tijuana and the tourist
destinations of Puerto Vallarta, Los Cabos, La Paz and Manzanillo.

(USD1=MXN13.30)

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For full details on Grupo Aeroportuario Pac S.A.B (PAC) PAC. Grupo Aeroportuario Pac S.A.B (PAC) has Short Term PowerRatings at TradingMarkets. Details on Grupo Aeroportuario Pac S.A.B (PAC) Short Term PowerRatings is available at This Link.

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