GAP Reports 5.5% Passenger Traffic Decline in February 2026 Amid Disruptions
Event summary
- GAP's 12 airports saw a 5.5% drop in passenger traffic in February 2026 compared to 2025.
- Tijuana, Puerto Vallarta, and Guadalajara airports reported decreases of 7.4%, 5.3%, and 1.6%, respectively.
- Hurricane Melissa caused significant disruptions in Jamaica, with Montego Bay airport seeing a 31.4% decline.
- Flight cancellations in Jalisco due to local events led to 120 cancellations at Guadalajara Airport on February 22, 2026.
- Seats available decreased by 3.4%, and load factors dropped from 81.2% to 79.4% year-over-year.
The big picture
GAP's passenger traffic decline reflects broader challenges in the airport management sector, including natural disasters and local events impacting travel. The company's ability to navigate these disruptions will be critical in maintaining investor confidence and operational efficiency. With a network spanning major cities and tourist destinations, GAP's performance is a bellwether for the health of the Pacific region's travel industry.
What we're watching
- Recovery Pace
- How quickly GAP's airports can recover from the disruptions caused by Hurricane Melissa and local events in Jalisco.
- Market Trends
- Whether the decline in passenger traffic is part of a broader trend or a temporary setback.
- Operational Adjustments
- The pace at which GAP can adjust its operations to mitigate future disruptions and maintain passenger traffic levels.
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