- GAP reported a 10.8% increase in exported passengers, with aeronautical revenues up 8.2% and non-aeronautical revenues growing by 14%.
- The company's EBITDA reached Ps. 4.3 billion for the quarter, rising 4.5% with an EBITDA margin of 67.5%.
- GAP estimated a potential impact of -5% to -7% on total passengers in 2024 and 2025 due to Pratt & Whitney's engine inspections.
- Mexican government regulations have changed, with the House of Representatives passing a bill increasing concession fees from 5% to 9%, effective January 1, 2024.
- The Civil Aviation Agency introduced amended rules for tariff regulations, including changes to the discount rate and terminal value calculations.
- GAP confirmed the company's guidance figure for 2023 and expects to complete the MDP negotiation by the end of 2024.
- The company regularly provides incentives and discounts to the market, including a 10% discount on TUA (Tarifa de Uso de Aeropuerto, or airport usage fee) at nine of its airports during November and December, which will continue in 2024.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
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