GAP Airports See 7.6% Passenger Traffic Drop in April 2026

Event summary

  • GAP's 12 airports reported a 7.6% decrease in total passenger traffic in April 2026 compared to April 2025.
  • Guadalajara airport saw a slight increase of 0.9%, while Puerto Vallarta, Tijuana, and Los Cabos experienced declines of 17.0%, 10.5%, and 8.1% respectively.
  • Jamaica's Kingston and Montego Bay airports saw decreases of 6.0% and 22.0% due to Hurricane Melissa disruptions.
  • Seats available decreased by 8.3%, but load factors improved from 80.8% to 81.5%.
  • Year-to-date (Jan-Apr) passenger traffic decreased by 6.0% compared to the same period in 2025.

The big picture

GAP's passenger traffic decline reflects broader challenges in the airport industry, particularly in tourist-heavy regions. The strategic anomaly lies in the contrasting performance between Guadalajara's slight growth and the significant drops in other key airports. This trend may indicate shifting travel patterns or regional economic factors worth monitoring. The company's ability to manage these fluctuations will be critical for maintaining investor confidence and operational stability.

What we're watching

Tourism Recovery
How quickly will tourist destinations like Puerto Vallarta and Los Cabos recover from the passenger traffic declines?
Operational Efficiency
Whether GAP can sustain improved load factors despite the decrease in available seats.
Natural Disaster Impact
The pace at which Jamaica's airports will rebound from Hurricane Melissa's disruptions.