Grupo Aeroportuario del Pacifico reports denial of Avolar concession renewal

GUADALAJARA, Mexico – Grupo Aeroportuario del Pacifico, S.A.B. de C.V. (GAP) announced that the Mexican Ministry of Communications and Transportation denied Avolar Aerolineas the renewal of its concession to provide passenger, cargo, and mail services in the national air space, given the airline’s inability to comply with the necessary safety, service, coverage, and quality guidelines.

To date, Avolar operates at three of the GAP’s twelve airports. These are the airports of Tijuana, Guadalajara, and Morelia.

During 2008, Avolar gradually reduced its operations in GAP’s various airports, from 891 scheduled departures in September 2007 to a dramatically lower 162 scheduled departures in September 2008.

For the twelve months of 2007, Avolar transported 1,626,186 passengers throughout GAP’s airport network, representing 10.3 percent of the company’s domestic passengers and 6.9 percent of total passengers. For the first nine months of 2008, the airline gradually reduced its operations, transporting only 791,956 passengers, representing 6.9 percent of domestic passengers and 4.6 percent of the company’s total passengers. During the month of September 2008, Avolar transported approximately 0.69 percent of GAP’s total passengers.

As a result of Avolar’s reductions, the GAP expects that Avolar’s suspension of operations will not materially affect its results for the remainder of 2008.