--- title: "Grupo Aeroportuario del Pacífico Launches Process to Create FIBRA GAP for 2026–2029 Airport Expansion" type: "News" locale: "en" url: "https://longbridge.com/en/news/285924607.md" description: "Grupo Aeroportuario del Pacífico (PAC) has initiated the establishment of FIBRA GAP, an irrevocable Energy and Infrastructure Investment Trust, to fund its 2026–2029 Master Development Program. This program aims to raise approximately 40 billion pesos for significant airport expansions, including a 60% increase in terminal space and enhanced infrastructure. The initiative is expected to accelerate upgrades, create jobs, and bolster local economic development. Analysts rate PAC stock as a Buy with a target price of $285.00, reflecting strong profitability despite some balance-sheet challenges." datetime: "2026-05-11T10:33:33.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285924607.md) - [en](https://longbridge.com/en/news/285924607.md) - [zh-HK](https://longbridge.com/zh-HK/news/285924607.md) --- # Grupo Aeroportuario del Pacífico Launches Process to Create FIBRA GAP for 2026–2029 Airport Expansion ### Claim 55% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Grupo Aeroportuario del Pacifico ( (PAC) ) has provided an announcement. On May 9, 2026, Grupo Aeroportuario del Pacífico announced it has begun the process to set up an irrevocable Energy and Infrastructure Investment Trust, to be known as FIBRA GAP, which would take a minority equity interest in the company’s 12 Mexican airport concessionaires. Through the initial issuance of this vehicle, the airports aim to raise funds to help finance their 2026–2029 Master Development Program, which calls for roughly 40 billion pesos in capital spending. The plan envisions substantial capacity expansion, including an approximate 60% increase in terminal space, 35% more inspection points and access areas, 25% more aircraft parking positions, and a 10% boost in airside infrastructure. By adding FIBRA GAP as an extra funding source alongside its existing debt program, GAP expects to accelerate infrastructure upgrades, support job creation and local economic development around its airports, and reinforce its growth profile in Mexico’s airport sector. The most recent analyst rating on (PAC) stock is a Buy with a $285.00 price target. To see the full list of analyst forecasts on Grupo Aeroportuario del Pacifico stock, see the PAC Stock Forecast page. **Spark’s Take on PAC Stock** According to Spark, TipRanks’ AI Analyst, PAC is a Outperform. The score is driven primarily by strong profitability and solid cash generation, supported by constructive technicals (uptrend and positive momentum). It is held back by balance-sheet leverage and valuation (high P/E), plus near-term traffic and cost pressures highlighted on the latest earnings call despite maintained guidance. To see Spark’s full report on PAC stock, click here. **More about Grupo Aeroportuario del Pacifico** Grupo Aeroportuario del Pacífico (GAP) is a Mexican airport operator that manages 12 airports across the country’s Pacific region, including major hubs Guadalajara and Tijuana, tourist destinations such as Puerto Vallarta and Los Cabos, and several mid-sized cities. The company also operates Sangster International Airport in Montego Bay and Norman Manley International Airport in Kingston, consolidating its presence in Jamaica’s key air transport infrastructure. GAP’s shares trade on both the New York Stock Exchange under the ticker “PAC” and the Mexican Stock Exchange under “GAP,” giving it access to international and local capital markets. Through these listings and its diversified portfolio of Mexican and Jamaican airports, the group is positioned as a leading operator in Latin American aviation infrastructure, serving business, leisure, and regional traffic flows. **Average Trading Volume:** 136,552 **Technical Sentiment Signal:** Buy **Current Market Cap:** $12.46B For an in-depth examination of PAC stock, go to TipRanks’ Overview page. ### Related Stocks - [PAC.US](https://longbridge.com/en/quote/PAC.US.md) ## Related News & Research - [Laura Diez-Barroso Discloses Investment at Pacific Airport Group with 10.9% Stake](https://longbridge.com/en/news/286337379.md) - [Eduardo Sanchez Navarro Discloses Investment at Grupo Aeroportuario del Pacifico with 6.7% Stake](https://longbridge.com/en/news/286336728.md) - [Grupo Aeroportuario del Pacifico (PAC) Receives a Hold from Jefferies](https://longbridge.com/en/news/286439305.md) - [Grupo Aeroportuario del Pacifico Announces Initiation of the Process to Establish a FIBRA | PAC Stock News](https://longbridge.com/en/news/285799888.md) - [Rigetti shares drop after Q1 growth fails to ease concerns](https://longbridge.com/en/news/286968241.md)