Aeroméxico May 2026 Traffic Results
Rhea-AI Summary
Grupo Aeroméxico (NYSE:AERO) reported May 2026 traffic growth, transporting 2.102 million passengers, up 2.1% year-over-year. International passengers rose 4.6%, domestic 0.9%.
ASMs increased 4.7% and RPMs 5.2%. Load factor reached 85.8%, up 0.4 p.p. The company highlighted its highest weekly sales ever in the final week of May.
AI-generated analysis. Not financial advice.
Positive
- May 2026 passengers 2.102 million, up 2.1% year-over-year
- Total May 2026 ASMs up 4.7%, RPMs up 5.2% year-over-year
- May 2026 load factor 85.8%, improving 0.4 p.p. vs May 2025
- International May ASMs up 7.0% and RPMs up 6.8% year-over-year
- Cumulative to May 2026 load factor 85.1%, up 1.4 p.p. vs 2025
- Company reported the final week of May delivered its highest weekly sales ever
Negative
- Cumulative 2026 domestic passengers down 1.9% vs same period 2025
- Cumulative 2026 domestic ASMs and RPMs both down 1.9% year-over-year
- Cumulative total passengers to May 2026 down 0.7% vs 2025
- May 2026 domestic capacity (ASMs) decreased 0.3% year-over-year
- May 2026 international load factor slipped 0.2 p.p. vs May 2025
Key Figures
Market Reality Check
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| May 07 | Monthly traffic update | Neutral | -0.2% | April 2026 traffic showed slight passenger decline but stable load factor improvement. |
| May 05 | Regulatory negotiations | Positive | +1.8% | Company highlighted constructive progress in U.S. DOT negotiations and cooperation with authorities. |
| Apr 30 | Annual report filing | Neutral | -1.8% | Filed Form 20-F for 2025, making audited financial statements available to investors. |
| Apr 21 | Earnings webcast notice | Neutral | +1.8% | Announced webcast details for 1Q26 results review and investor Q&A session. |
| Apr 21 | Quarterly earnings results | Positive | +1.8% | Reported 1Q26 revenue growth, positive margins, solid liquidity and moderate leverage metrics. |
Recent news flow often shows price moves generally aligning with the tone of operational and strategic updates.
Over the last few months, Aeroméxico has reported steady operational and financial developments. April 2026 traffic showed 2,061 thousand passengers with marginal YoY declines but stable load factors. The company filed its Form 20-F for 2025 and communicated 1Q26 results with higher revenue and positive margins. Negotiation progress with the U.S. DOT and earnings communications framed a narrative of focused execution, against which May 2026 traffic data adds another month of modest growth and firm load factors.
Market Pulse Summary
This announcement details May 2026 traffic with total passengers of 2,102 thousand, demand (RPMs) up 5.2%, and an 85.8% load factor, indicating demand outpaced capacity growth. Compared with April’s softer volumes, it extends a picture of stable network performance. In context of recent 1Q26 results and regulatory filings, investors may focus on how sustained international growth and high load factors balance cumulative passenger softness and disclosed macro and cost risks.
Key Terms
available seat miles (ASMs) technical
revenue passenger miles (RPMs) technical
load factor technical
forward-looking statements regulatory
AI-generated analysis. Not financial advice.
MEXICO CITY, Mexico, June 04, 2026 (GLOBE NEWSWIRE) -- Grupo Aeroméxico S.A.B. de C.V. (NYSE: AERO & BMV: AERO) (“Aeroméxico”) reports its May 2026 operational results:
- Grupo Aeroméxico transported 2 million and 102 thousand passengers in May 2026, a
2.1% year-over-year increase. International passengers increased by4.6% , while domestic passengers increased by0.9% . - Aeroméxico's total capacity, measured in available seat miles (ASMs), increased by
4.7% year-over-year. International ASMs increased by7.0% , while domestic capacity decreased by0.3% year-over-year.
- Demand, measured in passenger miles (RPMs), increased by
5.2% year-over-year. International demand increased by6.8% , while domestic demand increased by1.6% , both figures compared to May 2025. - Aeroméxico’s May 2026 load factor was
85.8% , a 0.4 p.p. increase as compared to May 2025. International load factor decreased by 0.2 p.p., and domestic load factor increased by 1.6 p.p.
Andrés Conesa, Chief Executive Officer stated: “May traffic performance underscored the strength of our network and commercial strategy. Demand remained strong and robust, outpacing capacity growth and supporting healthy load factors across the network. We closed the month on a high note, with the final week of May delivering the highest weekly sales in our Company’s history. Demand trends continue to track in line with the outlook provided in April. As we move to the second half of the year, we will continue to actively manage capacity and network deployment to capitalize on these strong demand opportunities and maximize profitability.”
| May | Cumulative to May | ||||||||||
| 2026 | 2025 | Var vs 2025 | 2026 | 2025 | Var vs 2025 | ||||||
| Passengers (itinerary + charter, thousands) | |||||||||||
| Domestic | 1,407 | 1,394 | 6,567 | 6,693 | - | ||||||
| International | 695 | 665 | 3,388 | 3,331 | |||||||
| Total | 2,102 | 2,059 | 2.1% | 9,954 | 10,024 | - | |||||
| ASMs (itinerary + charter, millions) | |||||||||||
| Domestic | 925 | 927 | - | 4,425 | 4,510 | - | |||||
| International | 2,226 | 2,081 | 10,401 | 10,265 | |||||||
| Total | 3,151 | 3,009 | 4.7% | 14,826 | 14,776 | 0.3% | |||||
| RPMs (itinerary + charter, millions) | |||||||||||
| Domestic | 791 | 779 | 3,704 | 3,776 | - | ||||||
| International | 1,914 | 1,792 | 8,905 | 8,589 | |||||||
| Total | 2,705 | 2,571 | 5.2% | 12,609 | 12,365 | 2.0% | |||||
| Load Factor (itinerary, %) | p.p. | p.p. | |||||||||
| Domestic | 85.6 | % | 84.0 | % | 1.6 | 83.7 | % | 83.7 | % | -0.0 | |
| International | 86.0 | % | 86.1 | % | -0.2 | 85.6 | % | 83.7 | % | 1.9 | |
| Total | 85.8 | % | 85.5 | % | 0.4 | 85.1 | % | 83.7 | % | 1.4 | |
Figures may not sum to total due to rounding.
The information included within this report has not been audited and does not provide information on the Company’s future performance. Aeromexico’s future performance depends on many factors and it cannot be inferred that any period’s performance or its year-over-year comparison will be an indicator of similar future performance.
Glossary:
- “RPMs” Revenue Passenger Miles represent one revenue-passenger transported one mile. This includes itinerary and charter flights. The total RPMs equals the number of revenue-passengers transported multiplied by the total distance flown.
- “ASMs” Available Seat Miles represent the number of available seats multiplied by the distance flown. This metric is an indicator of the airline’s capacity. It equals one seat offered for one mile, whether the seat is used.
- “Load Factor” equals the number of passengers transported as a percentage of the number of seats offered. It is a measure of the airline’s capacity utilization. This metric considers the total passengers transported and total seats available in itinerary flights only.
- “Passengers” refers to the total number of passengers transported by the airline.
This press release contains certain forward-looking statements that reflect the current views and/or expectations of the Company and its management with respect to its performance, business and future events. We use words such as “believe,” “anticipate,” “plan,” “expect,”, “intend,” “target,” “estimate,” “project,” “predict,” “forecast,” “guideline,” “should” and other similar expressions to identify forward-looking statements, but they are not the only way we identify such statements. Such statements are subject to a number of risks, uncertainties and assumptions. We caution you that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in this release. The Company is under no obligation and expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
About Grupo Aeroméxico
Grupo Aeroméxico, S.A.B. de C.V., is a holding company whose subsidiaries are engaged in commercial aviation in Mexico and in the promotion of passenger loyalty programs. Aeroméxico, Mexico’s global airline, operates primarily out of Terminal 2 of the Mexico City International Airport. Its destination network extends across Mexico, the United States, Canada, Central America, South America, Asia, and Europe. Aeroméxico’s current operating fleet includes Boeing 787 and 737 aircraft, as well as Embraer 190. Aeroméxico is a founding member of SkyTeam, an alliance celebrating 25 years and offering connectivity across more than 145 countries through its 18 partner airlines.
www.aeromexico.com
www.skyteam.com
Contact information:
aminvestorrelations@aeromexico.com
