Guadalajara: Vallarta International Airport
Inauguration of Satellite Terminal Building at Puerto Vallarta International Airport
Grupo Aeroportuario del Pacifico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) ("the Company" or "GAP") announced that on Friday, March 7, 2008, the Company officially inaugurated the new satellite terminal building at the Puerto Vallarta International Airport (the terminal has been in operation since December 22, 2007).
Present at the opening ceremony were Mr. Luis Tellez Kuenzler, Minister of Communications and Transportation, as well as the personal representative of Mexican President Mr. Felipe Calderon, and Mr. Emilio Gonzalez Marquez, Governor of the State of Jalisco.
Also among the guests of honor were: Mr. Javier Bravo Carvajal, Municipal President of Puerto Vallarta, several members of the federal government and the State of Jalisco, representatives from several airlines, as well as representatives from Puerto Vallarta's tourism sector.
Mr. Jorge Sales Martinez, GAP's Chief Executive Officer, cut the ribbon at the inauguration ceremony. He was accompanied by Mr. Eduardo Sanchez-Navarro Redo, GAP's Chairman.
The new building required a total investment of approximately Ps. 163 million and was designed to accommodate international arriving and departing flights, with 2 levels and 4 service counters, served by jetways and 5 remote gates. The new building is connected to the main building via a spacious hallway, outfitted with moving walkways.
The new counter spaces and gates will allow for additional security for flights, both at the time of boarding and deplaning. The new terminal building will enable 6 additional operations per hour, which in terms of terminal passenger traffic could mean an additional 800,000 passengers per year.
All of these improvements benefit both passengers and airlines, since the installations are now state-of-the-art, comfortable and larger. This new terminal also enables the airport to separate domestic and international flights, thus improving the flow of passengers within the airport.
In accordance with Section 806 of the Sarbanes-Oxley Act of 2002 and article 42 of the "Ley del Mercado de Valores," GAP has implemented a "whistleblower" program, which allows complainants to anonymously and confidentially report suspected activities that may involve criminal conduct or violations. The telephone number in Mexico, facilitated by a third party that is in charge of collecting these complaints, is 800-759-0045. GAP's Audit Committee will be notified of all complaints for immediate investigation
Source: Grupo Aeroportuario del Pacifico, S.A.B. de C.V.
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