Grupo Aeroportuario del Pacific S.A.B (ADR) (NYSE:PAC)
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The Company manages, operates and develops airport facilities, mainly in Mexico's Pacific Region.
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The Company manages, operates and develops airport facilities, mainly in Mexico's Pacific Region.
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"There is no practical alternative to air transportation." -Dan Goldin, ex-NASA Administrator.
As the growing Mexican emerging market and US upper middle-class citizens look for affordable vacations in a sun-drenched land, PAC will be there.
And a 9.8% and historically-growing dividend will pay us to wait for the turnaround from the current transportation downturn.