Grupo Aeroportuario del Pacífico Launches Process to Create FIBRA GAP for 2026–2029 Airport Expansion

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2026.05.11 10:33
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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.