MEXICO. Mexican airport operator Grupo Aeroportuario del Pacifico (GAP) plans to invest 1.5 billion pesos (US$135 million) in its airports between 2005 and 2009.
Investment will be made mainly in the terminals and runways. GAP spokesman Pedro Sanchez Mejorada said that in 2004 the company posted a record high passenger traffic of 17.5 million. From 2000 to 2004, GAP invested 1.4 billion pesos (US$126 million), Sanchez Mejorada added.
From 2005 to 2009, the most significant investment will be in modernising Guadalajara and Puerto Vallarta airports.
GAP operates 12 airports including Aguascalientes, Leon, Guadalajara, Hermosillo, Los Mochis, Morelia, Mexicali, Puerto Vallarta, Tijuana and Manzanillo.