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Grupo Aeroméxico (NYSE: AERO) sets record Q2, guides 2026 revenue near $6.1B

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Form Type
6-K

Rhea-AI Filing Summary

Grupo Aeroméxico reported unaudited 2Q26 results showing record second‑quarter revenue but sharply lower profitability as fuel costs surged. Total revenue rose 12.6% year over year to $1.48 billion, driven by higher unit revenue, strong international demand and a premium revenue mix of 43% of passenger-related revenue.

Adjusted EBITDAR fell to $264 million with a 17.9% margin, down from 31.2%, as jet‑fuel expense increased 79.9% to $494 million and total cost per ASM rose 28.6%. Operating income declined to $68 million (4.6% margin) and net income swung to a $58 million loss, despite modest capacity growth of 1.9%.

Liquidity remained solid with $1.0 billion of cash and equivalents and total liquidity of $1.2 billion including a revolving credit facility; adjusted net debt was $3.03 billion, implying 1.96x last‑twelve‑month Adjusted EBITDAR. The fleet grew to 169 aircraft with an average age of 8.9 years. Guidance for 3Q, 4Q and full‑year 2026 calls for total revenue of $6.05–$6.12 billion, Adjusted EBITDAR margin of 24.0–26.0% and operating margin of 11.0–13.0%, supported by a more favorable fuel cost environment and healthy demand.

Positive

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Filing Explained

The July 13 results show $1,037 million cash and $1.2 billion liquidity, but weaker Q2 operating income and a $57.7 million net loss.

The July 13, 2026 Form 6-K is an interim report from foreign private issuer Grupo Aeroméxico, furnishing material information from its home market. It reports unaudited results for the three months ended June 30, 2026, so the quarter is reported but not audited.

The filing reports $1,037 million of cash and cash equivalents, $1.2 billion of total liquidity including a $200 million revolving credit facility, and no additional financial debt incurred during the quarter. For the company and existing common holders, the structural update is therefore its disclosed liquidity, debt, and reported equity position rather than a newly disclosed issuance obligation.

The historical results cover completed second-quarter activity, while the third-quarter, fourth-quarter, and full-year figures remain company guidance rather than reported performance. Second-quarter revenue rose to $1,479 million from $1,314 million, but operating income fell to $67.9 million, and the company reported a $57.7 million net loss versus $68 million of net income in the prior-year quarter.

At quarter-end, total liabilities were $8,017 million and total equity was reported as a deficit; the company also reported $362.4 million of second-quarter operating cash flow and $17.1 million of financial-debt repayments. The next dated milestone identified in the filing is the earnings call on July 14, 2026, while the forward outlook remains subject to assumptions including fuel prices of approximately $3.2 per gallon in the third quarter and $3.0 in the fourth quarter.

Total revenue $1,479 million Three months ended June 30, 2026; up 12.6% year over year
Adjusted EBITDAR $264 million 2Q26; Adjusted EBITDAR margin 17.9% vs 31.2% in 2Q25
Operating income $68 million 2Q26 operating margin 4.6% of revenue
Net income (loss) -$58 million Net loss for 2Q26 vs $68 million profit in 2Q25
Cash and cash equivalents $1,037 million Balance as of June 30, 2026
Adjusted net debt $3,032 million Total loans and borrowings including leases minus cash, June 30, 2026
Net leverage ratio 1.96x Adjusted net debt divided by last twelve months Adjusted EBITDAR as of June 30, 2026
Operating fleet 169 aircraft Group operating fleet as of June 30, 2026; average age 8.9 years
Adjusted EBITDAR financial
"The Company defines Adjusted EBITDAR as profit or loss for the period before income tax..."
Adjusted EBITDAR is a company’s reported profit measure that starts with operating earnings and then adds back interest, taxes, depreciation, amortization and rent, plus any one‑time items companies exclude. It aims to show how much cash a business generates from its core operations before the costs of financing, non‑cash accounting charges and property leases, like comparing two stores’ underlying sales by ignoring rent and loan payments. Investors use it to compare operating performance across firms and assess ability to cover fixed obligations, but companies may calculate it differently, so comparisons require caution.
Available Seat Mile technical
"Total revenue per Available Seat Mile (“TRASM”) reached 16.0¢, marking a 10.5% year-over-year increase."
Available seat mile (ASM) measures airline capacity by multiplying the number of seats an airline offers on a flight by the distance flown in miles; one ASM equals one seat available for one mile. Investors use ASM to gauge how much flying capacity a carrier is supplying—like counting chairs multiplied by the length of the trip—which helps compare size, track changes in supply relative to demand, and assess efficiency when paired with load factor and revenue per seat mile.
Cost per ASM excluding fuel (CASM-Ex) financial
"Cost per ASM excluding fuel (CASM-Ex) was 10.0¢ in 2Q26, representing an increase of 12.3%."
Net leverage ratio financial
"Net leverage ratio (Adjusted net debt / Last twelve months adjusted EBITDAR) was 1.96x as of June 30, 2026."
The net leverage ratio measures how much debt a company has compared to its available assets or earnings, after accounting for its cash and liquid assets. It helps investors understand how heavily a company relies on borrowed money to finance its operations and growth. A higher ratio indicates greater financial risk, while a lower ratio suggests a more cautious approach to borrowing.
Load factor technical
"Load factor on scheduled flights (%) was 84.9% in 2Q26, slightly below 85.7% in 2Q25."
Load factor is a measure of how efficiently a transportation service, such as a plane, train, or bus, fills its available seats or space over a period of time. It is calculated by dividing the actual number of passengers or usage by the total available capacity. A higher load factor indicates better utilization, which can lead to more profitable operations and is important for investors assessing the efficiency and profitability of transportation companies.
Total revenue $1,479 million +12.6% vs 2Q25
Adjusted EBITDAR $264 million -35.5% vs 2Q25
Adjusted EBITDAR margin 17.9% down from 31.2% in 2Q25
Operating income $68 million -70.5% vs 2Q25
Operating margin 4.6% down from 17.5% in 2Q25
Net income (loss) -$58 million vs $68 million profit in 2Q25
Guidance

For 3Q26, 4Q26 and FY26, the company guides total capacity growth of ~0.5–1.5%, 6.5–8.0% and 2.0–3.0%, respectively; total FY26 revenue of $6.05–$6.12 billion; Adjusted EBITDAR margin of 24.0–26.0%; and operating margin of 11.0–13.0%, assuming fuel at $3.2 and $3.0 per gallon in 3Q/4Q and MXN/USD exchange rates of 17.5 and 17.6.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

Pursuant to Rule 13a-16 or 15d-16

Under the Securities Exchange Act of 1934

For the month of July 2026

Commission File Number: 001-42931

 

 

Grupo Aeroméxico, S.A.B. de C.V.

(Name of registrant)

Aeromexico Group

(Translation of registrant’s name into English)

 

 

Avenida Paseo de la Reforma 243, 25th Floor

Col. Cuauhtémoc, Cuauhtémoc 06500

Mexico City, Mexico

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F ☒   Form 40-F ☐

 

 
 


EXPLANATORY NOTE

On July 13, 2026, Grupo Aeroméxico, S.A.B. de C.V. (the “Company”) issued a press release titled “Aeroméxico Reports Unaudited Second Quarter 2026 Results.” A copy of this press release is furnished with this Form 6-K as Exhibit 99.1.

The Company has previously issued press releases containing April 2026 traffic results, May 2026 traffic results and June 2026 traffic results. Copies of these press releases are furnished with this Form 6-K as exhibits 99.2, 99.3 and 99.4, respectively.


EXHIBIT INDEX

 

Exhibit   

Description

99.1    Press Release dated July 13, 2026, titled “Aeroméxico Reports Unaudited Second Quarter 2026 Results.”
99.2    Press Release dated May 7, 2026, titled “Aeroméxico April 2026 Traffic Results.”
99.3    Press Release dated June 4, 2026, titled “Aeroméxico May 2026 Traffic Results.”
99.4    Press Release dated July 2, 2026, titled “Aeroméxico June 2026 Traffic Results.”


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

    Grupo Aeroméxico, S.A.B. de C.V.
Date: July 13, 2026     By:   /s/ Ernesto Gómez Pombo
    Name:   Ernesto Gómez Pombo
    Title:   General Counsel

Exhibit 99.1

 

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CONTACT: Investor Relations

  

aminvestorrelations@aeromexico.com

     Corporate Communications

   amcomunicacioncorporativa@aeromexico.com

Aeroméxico Reports Unaudited

Second Quarter 2026 Results

 

   

Record 2Q Total Revenue of $1.5 billion

 

   

Adjusted EBITDAR Margin of 18%

 

   

Operating Margin of 5%

 

   

Liquidity(3) to LTM Revenue ratio at 22%

Mexico City, Mexico, July 13, 2026 - Grupo Aeroméxico S.A.B. de C.V. (NYSE: AERO & BMV: AERO, “Aeroméxico” or the “Company”) today reported unaudited consolidated financial results for the three months ended June 30, 2026 (“2Q26”). These results are based on information available to us as of the date of this earnings release and are not a comprehensive statement of our financial results for the period presented. The Company has used the U.S. dollar, its functional currency, as the presentation currency for its consolidated financial statements. All figures are expressed in millions of U.S. dollars unless otherwise indicated.

Andrés Conesa, Chief Executive Officer stated: “Aeroméxico delivered solid second quarter results amid peak fuel price pressure and June demand shifts associated with the World Cup. Our results were in line with our second-quarter guidance, despite an approximately $30 million fuel headwind. We achieved two record sales weeks during the quarter, including the highest weekly sales in our history, while Premium Revenue Mix reached an all-time high, underscoring the strength of our business model and the power of our brand. Through disciplined capacity and network management, we remained focused on aligning supply with demand while protecting profitability. Even in a challenging macroeconomic environment, we ended the quarter with strong cash balances—consistent with the prior two quarters—without incurring additional financial debt. Looking ahead to the second half of the year, we expect a positive backdrop, driven by improving macroeconomic conditions and healthy demand, resulting in absolute EBITDAR levels above last year (1).”

OPERATING & FINANCIAL HIGHLIGHTS 2Q26

 

   

Capacity, measured in available seat miles (ASMs), increased by 1.9% year-over-year.

 

   

Total revenue reached $1.5 billion; a 12.6% increase compared to the same period of 2025.

 

   

Total fuel expense amounted to $493.8 million, a 79.9% year-over-year increase.

 

   

Adjusted EBITDAR(2) totaled $264.2 million, with a 17.9% margin.

 

   

Operating income totaled $67.9 million, with a 4.6% margin.

 

   

Total adjusted net debt to EBITDAR(2) ended the quarter below 2.0x.

 

   

Liquidity(3) totaled $1.2 billion, equivalent to 21.8% of last-twelve-month revenues.


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3Q26, 4Q26 & FULL YEAR OUTLOOK

 

Indicator

  

3Q26 Guidance

  

4Q26 Guidance

  

FY26 Guidance

Total capacity (ASMs)

   ~ +0.5% to +1.5%    ~ +6.5% to +8.0%    ~ +2.0% to +3.0%

Total revenue

   ~ 1.59 bn to 1.62 bn    ~ 1.64 bn to 1.68 bn    ~ 6.05 bn to 6.12 bn

Total revenue YoY

   ~ +12.0% to +14.0%    ~ +14.5% to +16.5%    ~ +13.0% to +14.0%

Adjusted EBITDAR margin

   ~ 26.5% to 29.5%    ~ 28.0% to 31.0%    ~ 24.0% to 26.0%

Operating income margin

   ~ 14.0% to 17.0%    ~ 15.5% to 18.5%    ~ 11.0% to 13.0%

The Company’s outlook for the second half of the year underscores the resilience of its business model. The Company anticipates sustained strength in revenue generation, supported by healthy demand trends and sustained fare levels. A more favorable fuel cost environment is also expected to drive higher absolute levels of EBITDAR and EBIT in the third quarter relative to 2025. Although margins are expected to moderate in the third quarter due to higher revenues, the Company expects margin expansion in the fourth quarter, underpinned by supportive market conditions and accelerated growth from operating leverage. Fourth quarter capacity growth will be supported by increased aircraft utilization across the existing fleet, enabling the Company to capitalize on strong demand while optimizing profitability.

The guidance reflects an average all-in fuel price of approximately USD $3.2 per gallon for the third quarter and USD $3.0 per gallon for the fourth quarter. It also assumes exchange rates of $17.5 Mexican pesos per U.S. dollar for the third quarter and $17.6 Mexican pesos per U.S. dollar for the fourth quarter.

KEY FINANCIAL AND OPERATING HIGHLIGHTS FOR THE SECOND QUARTER

 

     Three months ended June 30     Six months ended June 30  

Key Financial Indicators

   2026     2025     Var.     2026     2025     Var.  

Total revenue (USD millions)

     1,479       1,314       12.6     2,821       2,498       12.9

Adjusted EBITDAR (2) (USD millions)

     264       410       (35.5 %)      600       729       (17.7 %) 

Adjusted EBITDAR margin (2) (% revenue)

     17.9     31.2     (13.3 p.p.     21.3     29.2     (7.9 p.p.

Total operating income (loss) (USD millions)

     68       230       (70.5 %)      210       372       (43.7 %) 

Operating margin (% of revenue)

     4.6     17.5     (12.9 p.p.     7.4     14.9     (7.5 p.p.

Key Operating Indicators

   2026     2025     Var.     2026     2025     Var.  

Total ASMs (millions)

     9,256       9,080       1.9     17,853       17,777       0.4

Passengers (‘000)

     6,014       6,180       (2.7 %)      11,805       12,057       (2.1 %) 

Total revenue / ASM (USD cents)

     16.0       14.5       10.5     15.8       14.1       12.5

Total cost / ASM (USD cents)

     15.3       11.9       28.6     14.6       11.9       22.6

Total cost excluding fuel / ASM (USD cents)

     10.0       8.9       12.3     10.1       8.8       14.9

Foreign Exchange*

   2026     2025     Var.     2026     2025     Var.  

Average

     17.40       19.61       (11.3 %)      17.49       20.02       (12.7 %) 

 

* Source: Company with information from Banxico. Figures may not sum to total due to rounding.

 

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SECOND QUARTER 2026 RESULTS

Income Statement Discussion

Revenue

Total revenue for the second quarter of 2026 reached $1.5 billion, a 12.6% year-over-year increase, setting a new second quarter record for the Company. Revenue growth was driven by resilient demand across the network, despite the temporary moderation observed in June related to World Cup shifts. Performance was further supported by continued progress in revenue initiatives and disciplined pricing actions implemented to mitigate higher fuel costs. The strengthening of the Mexican peso also contributed favorably to revenue performance during the quarter.

Our premium revenue(4) mix reached 43% of passenger-related revenue, 1 p.p. above 2Q25, reflecting sustained customer demand for premium products and ancillary services. Maintaining this revenue mix in a high-yield environment underscores the Company’s ability to capture premium customer demand and demonstrates the effectiveness of its business model.

Capacity increased 1.9% year over year, in line with the Company’s guidance. Consistent with its demand expectations, the Company proactively adjusted capacity throughout the quarter to align with market conditions, prioritizing profitability while maintaining a disciplined approach to network deployment.

Total revenue per Available Seat Mile (“TRASM”) reached 16.0¢, marking a 10.5% year-over-year increase. The upward trend in TRASM was largely attributed to a significant increase in international passenger revenue, and the appreciation of the Mexican peso.

 

     Three months ended
June 30
    Six months ended
June 30
 
Total revenue (USD million)    2026      2025      Var.     2026      2025      Var.  

Domestic

     521        473        10.2     1,015        911        11.4

International

     958        841        13.9     1,806        1,587        13.8

Total revenue

     1,479        1,314        12.6     2,821        2,498        12.9

Figuresmay not sum to total due to rounding.

 

Operating Expenses

In 2Q26, total operating expenses—including fuel, labor, maintenance, passenger and aircraft services, aircraft leases, selling, general and administrative expenses, depreciation and amortization and other expenses—reached $1.4 billion, an increase of 30.3% compared to 2Q25. The increase was primarily driven by elevated fuel costs resulting from global geopolitical events that began in late February, with market prices remaining elevated through the quarter. As a result, fuel expense increased by approximately $219.3 million year-over-year, exceeding our second-quarter guidance by approximately $30 million. Despite this additional fuel headwind, Aeromexico delivered a strong performance, with total revenue increasing by $165.6 million year-over-year. This enabled the Company to recapture approximately 75% of the incremental fuel cost.

 

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Excluding fuel, operating expenses rose 13.4% year over year. The increase primarily reflected three factors: the continued strength of the Mexican peso, inflationary pressures on wages, salaries, and benefits, and higher depreciation and amortization related to fleet growth in 2025.

Fuel cost per gallon(5) increased by 79.6% compared to 2Q25, averaging 4.2 USD per gallon in 2Q26 compared to 2.3 USD per gallon in 2Q25. Fuel consumption remained stable year-over-year, while fuel burn per ASM (liters of fuel consumed per ASM) decreased by 1.7%, mainly due to a more efficient fleet mix.

Cost per ASM excluding fuel (CASM-Ex) was 10.0¢ in 2Q26, representing an increase of 12.3% compared to the same period in 2025. This rise was primarily driven by an 11.3% appreciation of the Mexican peso, increased ownership costs attributable to additions to the aircraft fleet in 2025, higher labor expenses associated with inflation-related salary adjustments, and the expansion of international operations.

Adjusted EBITDAR(2) and Operating Income

Adjusted EBITDAR(2) amounted to $264.2 million with a 17.9% margin, in line with the Company’s guidance despite elevated fuel costs and temporary demand shifts associated with the World Cup. Total fuel expense increased by $219.3 year over year, approximately $30.0 million above the level assumed in our second-quarter guidance as market fuel prices remained higher than expected throughout the quarter.

Operating income for the second quarter recorded $67.9 million, representing a 4.6% operating margin, also within the Company’s guidance range.

Net Financing Cost

Net financing costs decreased by 6.5% compared to the same period in 2025, mainly driven by lower net foreign exchange losses. In 2Q26, foreign exchange losses decreased by $25.4 million, while financial expenses increased by $15.9 million, largely reflecting higher interest expenses from lease obligations associated with fleet expansion.

Net Income (Loss)

Net loss in 2Q26 totaled $57.7 million.

BALANCE SHEET AND CASH FLOW

As of June 30, 2026, Aeroméxico reported cash and cash equivalents of $1.0 billion. This is an increase of $114.3 million compared to the same quarter in the previous year and $12.5 million higher than at year-end 2025. These liquidity levels were achieved through strong operating cash generation, without incurring additional financial debt. Including the $200.0 million revolving credit facility secured in 3Q24, total liquidity reached $1.2 billion. This represents a ratio of liquidity to last-twelve-month revenues of 21.8%.

In 2Q26, Aeroméxico generated $362.4 million in net cash from operating activities, which allowed the Company to continue with its investment and deleveraging programs. During the second quarter, the Company repaid $17.1 million of financial debt.

 

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OPERATING FLEET

During 2Q26, Grupo Aeroméxico received two Boeing 737 MAX-8 and one Boeing 787-9 aircraft. Grupo Aeroméxico’s operating fleet was comprised of 169 aircraft as of June 30, 2026, with an average age of 8.9 years.

 

Operating Fleet

   2Q25      3Q25      4Q25      1Q26      2Q26  

B-737-800

     34        34        34        34        34  

B-737 MAX 8

     42        44        45        45        47  

B-737 MAX 9

     26        28        30        30        30  

B-787-8

     8        8        8        8        8  

B-787-9

     14        14        14        15        16  

Aeroméxico

     124        128        131        132        135  

E-190

     34        34        34        34        34  

Aeroméxico Connect

     34        34        34        34        34  

Grupo Aeroméxico

     158        162        165        166        169  

 

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Footnotes

 

  (1)

The comparison excludes non-recurring items recognized during the year ended December 31, 2025, including $71.1 million of extraordinary income from the sale of the Group’s 50% equity interest in MRO (TechOps) and $4.3 million of non-capitalized administrative expenses related to the Company’s Initial Public Offering (IPO). Accordingly, the 2025 base has been adjusted to exclude these one-time items.

 

  (2)

Adjusted EBITDAR, Adjusted Net Debt to EBITDAR, and Adjusted EBITDAR Margin are non-IFRS measures and have limitations as analytical tools, and you should not consider them in isolation, or as a substitute for analysis of the Company’s results as reported under IFRS. See Annex A for the definition of Aeroméxico’s non-IFRS measures and a reconciliation to the nearest IFRS measure.

 

  (3)

Liquidity is defined as cash and cash equivalents, and the revolving credit facility.

 

  (4)

Premium revenue mix consists of revenue from premium products and services above Basic / Classic coach cabin products. Ratio is calculated based on total passenger revenue.

 

  (5)

Equivalent to 1.11 USD per liter in 2Q26 and 62¢ per liter in 2Q25.

2Q26 EARNINGS CALL INFORMATION

 

Date

  

Tuesday, July 14, 2026

Time

  

11:00 a.m. ET (NY) / 9:00 a.m. CT (CDMX)

Webcast Link

  

https://edge.media-server.com/mmc/p/jid2bv5a/

Participant Listening*

   https://register-conf.media- server.com/register/BI4d74077fbc8248da9af220714255acdd

 

*Participants

can complete the online registration form and upon registering will receive the dial-in info and a unique PIN to join the call.

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 the promotion of passenger loyalty programs. Aeroméxico, Mexico’s global airline, has its main operations center in Terminal 2 of the Mexico City International Airport. Its destination network has reach in Mexico, the United States, Canada, Central America, South America, Asia and Europe. The Group’s current operating fleet includes Boeing 787 and 737 aircraft, as well as the latest generation Embraer 190. Aeroméxico is a founding partner of SkyTeam, an alliance that celebrates 20 years and offers connectivity in more than 170 countries, through the 18 partner airlines. Aeroméxico created and implemented a Health and Hygiene Management System (SGSH) to protect its clients and collaborators at all stages of its operation.

www.aeromexico.com / www.skyteam.com

 

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Forward Looking Statements

This press release contains certain forward-looking statements, within the meaning of the Private Securities Litigation Reform Act, 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,” “guidance,” “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. Important factors that could cause such differences include, but are not limited to: external risks, including health threats, accidents, global instability, security breaches, terrorism and natural disasters; global geopolitical conflicts, particularly those that impact the price of jet fuel; Mexican and international economic conditions, as well as seasonality, on customer travel behavior; the current U.S.’s administration tariffs on the Company’s costs and the actions of other governmental authorities in Mexico, the U.S. and other countries; fuel market volatility; the Company’s capacity to fulfill the Company’s fixed obligations, obtain financing and/or maintain liquidity; the Company’s capacity to retain and attract key personnel and other professionals, and the Company’s labor relations with employees; the Company’s reliance on few aircraft manufacturers and other third-party providers; the Company’s aircraft utilization rate and aircraft maintenance costs; changes in landing charges, airport access fees and inadequate airport infrastructure; consumer protection restrictions; dependence on the Company’s main hub, MEX; air traffic congestion; the competitive environment in the aviation industry, including those arising from non-air travel substitutes; sanctions and compliance with anti-corruption, anti-money laundering, anti-drug trafficking and other ethical rules and standards; reliance on partnerships and alliances and challenges in entering into new ones; and other factors described in “Risk Factors” of the Company’s annual report on Form 20-F filed with the SEC on April 30,2026. Forward-looking statements are based on information available at the time those statements are made and/or management’s good faith belief as of that time with respect to future events. 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.

 

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Grupo Aeroméxico, S.A.B. de C.V. and Subsidiaries

Consolidated Statements of Profit or Loss and other Comprehensive Income (Unaudited)

 

     Three months ended
June 30
    Six months ended
June 30
 
     2026     2025     Var. %     2026     2025     Var. %  

Revenues:

            

Passenger

     1,309       1,186       10.4     2,521       2,258       11.6

Air cargo

     86       82       5.4     162       152       6.5

Other

     84       46       83.0     137       87       57.5

Total revenue

     1,479       1,314       12.6     2,821       2,498       12.9

Operating expenses:

            

Jet-fuel

     494       274       79.9     809       560       44.3

Wages, salaries and benefits

     316       278       13.8     624       529       17.9

Maintenance

     78       50       55.1     146       104       41.5

Aircraft, communications and traffic services

     171       148       15.5     326       284       14.6

Passenger services

     42       38       10.0     81       71       14.9

Travel agent commissions

     28       23       22.5     50       44       15.8

Selling and administrative

     92       86       6.5     180       165       8.6

Aircraft leasing

     4       3       17.7     8       8       0.9

Depreciation and amortization

     193       180       7.2     382       353       8.4

Impairment (reversal)

     —        (4     —        —        (4     —   

Other (income) loss, net

     (6     8       —        5       14       (67.5 %) 

Share of gain on equity accounted investees, net of tax

     —        (2     —        —        (3     —   

Total operating expenses

     1,411       1,084       30.3     2,611       2,125       22.8

Total operating income

     68       230       (70.5 %)      210       372       (43.7 %) 

Finance income (cost):

            

Net finance cost

     (136     (145     (6.5 %)      (265     (260     2.0

Income before income tax

     (68     85       —        (55     112       —   

Income tax (benefit)

     (10     17       —        (8     22       —   

Net income for the period

     (58     68       —        (47     90       —   

Grupo Aeroméxico, S.A.B. de C.V. and Subsidiaries

Earnings per Share (Unaudited)

 

     Three months ended
June 30
     Six months ended
June 30
 
(In millions of U.S. dollars, except for income per share)    2026     2025      2026     2025  

Income for the year

     (58     68        (47     90  

Earnings per share from continuing operations

         
  

 

 

   

 

 

    

 

 

   

 

 

 

Basic income per share (US dollars)

     (0.04     0.05        (0.03     0.07  

Diluted income per share (US dollars)

     (0.04     0.05        (0.03     0.07  
  

 

 

   

 

 

    

 

 

   

 

 

 

Basic income per ADS (US dollars)

     (0.40     0.50        (0.32     0.66  

Diluted income per ADS (US dollars)

     (0.40     0.50        (0.32     0.66  

Figures may not sum to total due to rounding.

 

8


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Grupo Aeroméxico, S.A.B. de C.V. and Subsidiaries

Consolidated Statements of Financial Position (Unaudited)

 

     (USD Millions)  
     June 30, 2026     December 31, 2025  

Assets

    

Current assets:

    

Cash and cash equivalents

     1,037       1,024  

Trade and other receivables

     764       700  

Due from related parties

     9       3  

Prepayments and deposits

     72       78  

Inventories

     190       174  

Total current assets

     2,072       1,980  

Non-current assets:

    

Property and equipment, including right-of-use

     3,727       3,674  

Other non–current assets

     1,581       1,539  

Total non-current assets

     5,308       5,213  

Total assets

     7,379       7,193  

Liabilities

    

Current liabilities:

    

Loans and borrowings, including leases

     469       451  

Others

     2,871       2,645  

Total current liabilities

     3,340       3,096  

Non-current liabilities:

    

Loans and borrowings, including leases

     3,600       3,604  

Others

     1,077       1,085  

Total non-current liabilities

     4,677       4,689  

Total liabilities

     8,017       7,785  

Equity

    

Total equity (deficit)

     (638     (592

Total equity and liabilities

     7,379       7,193  

 

Figures may not sum to total due to rounding.

9


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Grupo Aeroméxico, S.A.B. de C.V. and Subsidiaries

Consolidated Statements of Cash Flows (Unaudited)

 

     Six months ended June 30,
 
     (USD Millions)  
     2026     2025     Var. ($)  

Cash flow from operating activities:

      

Income for the period

     (47     90       (137

Income tax expense

     (8     22       (31

Depreciation and amortization

     382       353       30  

Other non-cash adjustments

     182       186       (5
     509       652       (143

Changes in current assets & liabilities, net

     (146     (303     157  

Trade and other receivables

     (22     2       (24

Trade and other payables

     (59     (202     142  

Air traffic liability

     119       81       37  

Others, net

     (7     (27     19  

Interest paid

     (177     (158     (19

Net cash from operating activities

     362       349       14  

Cash flow from investing activities:

      

Acquisition of properties and equipment (including major maintenance)

     (134     (116     (18

Other investing activities, net

     (6     17       (24

Net cash used in investing activities

     (141     (99     (42

Cash flow from financing activities:

      

Payments of lease liabilities

     (202     (175     (26

Repayment of loans

     (17     (45     28  

Other financing activities, net

     —        25       (25

Net cash used in financing activities

     (219     (195     (24

Effect of exchange rate fluctuations on cash held

     9       25       (16

Net increase (decrease) in cash and cash equivalents

     13       80       (68

Cash and cash equivalents:

      

At beginning of the period

     1,024       842       182  

At end of the period

     1,037       922       114  

 

Figures may not sum to total due to rounding.

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FINANCIAL AND OPERATIONAL INDICATORS

 

     Three months ended June 30     Six months ended June 30  

Financial Indicators

   2026     2025     Var.     2026     2025     Var.  

Total revenue

     1,479       1,314       12.6     2,821       2,498       12.9

Passenger revenue

     1,309       1,186       10.4     2,521       2,258       11.6

Adjusted EBITDAR(1)

     264       410       (35.5 %)      600       729       (17.7 %) 

Adjusted EBITDAR margin(1) (% revenue)

     17.9     31.2     (13.3 p.p.     21.3     29.2     (7.9 p.p.

Total operating income (loss)

     68       230       (70.5 %)      210       372       (43.7 %) 

Operating margin (% of revenue)

     4.6     17.5     (12.9 p.p.     7.4     14.9     (7.5 p.p.

Net income (loss)

     (58     68       NA       (47     90       NA  

Net income (loss) margin (% of revenue)

     -3.9     5.2     (9.1 p.p.     -1.7     3.6     (5.3 p.p.

Operating Indicators

   2026     2025     Var.     2026     2025     Var.  

Total ASMs (millions)

     9,256       9,080       1.9     17,853       17,777       0.4

Total RPMs (millions)

     7,851       7,777       0.9     15,106       14,935       1.1

Load factor on scheduled flights (%)

     84.9     85.7     (0.8 p.p.     84.7     84.0     0.7 p.p.  

Passengers (‘000)

     6,014       6,180       (2.7 %)      11,805       12,057       (2.1 %) 

On-Time departure performance within 15 minutes (%)

     89.8 %     92.2 %     (2.4 p.p. )     91.0 %     92.0 %     (1.0 p.p. )

Total liters of fuel (‘000)

     444,693       443,893       0.2     855,667       865,751       (1.2 %) 

Yield (USD cents) (2)

     14.7       13.2       11.4     14.6       13.3       10.1

Total revenue / ASM (USD cents)

     16.0       14.5       10.5     15.8       14.1       12.5

Passenger revenue / ASM (USD cents) (2)

     12.5       11.3       10.3     12.4       11.1       10.9

Total cost / ASM (USD cents)

     15.3       11.9       28.6     14.6       11.9       22.6

Total cost excluding fuel / ASM (USD cents)

     10.0       8.9       12.3     10.1       8.8       14.9

Other Indicators

   2026     2025     Var.     2026     2025     Var.  

Fuel cost per gallon (USD cents)

     4.20       2.34       79.6     3.58       2.45       46.0

FX close(3)

     17.47       18.89       (7.5 %)      17.47       18.89       (7.5 %) 

FX average(3)

     17.40       19.61       (11.3 %)      17.49       20.02       (12.7 %) 

Figures may not sum to total due to rounding.

 

1)

Adjusted EBITDAR and Adjusted EBITDAR margin are non-IFRS measures and have limitations as analytical tools, and you should not consider them in isolation, or as a substitute for analysis of the Company’s results as reported under IFRS. See Annex A for the definition of Aeroméxico’s non-IFRS measures and a reconciliation to the nearest IFRS measure.

2)

Estimated as passenger revenues (excluding ancillaries) divided by total RPMs.

3)

Source: Company with information from Banxico.

 

11


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Annex A on Non-IFRS Financial Measures

In addition to disclosing financial results prepared in accordance with IFRS, the Company discloses information regarding Adjusted EBITDAR, Adjusted EBITDAR Margin, Adjusted Net Debt and Net Leverage Ratio, which are non-IFRS measures. The Company believes that these measures are useful indicators of its operational performance. These known performance measurements in the aviation industry are frequently used by investors, stock analysts and others who are interested in comparing the operational performance of companies in their industry.

The Company defines Adjusted EBITDAR as profit or loss for the period before income tax expense (benefit), depreciation and amortization, net finance cost, and impairment (reversal), before aircraft leasing expense, in light of the non-recurring nature of this item. The Company considers Adjusted EBITDAR to be solely a valuation metric, not a performance metric. The Company defines Adjusted EBITDAR Margin as Adjusted EBITDAR divided by total revenue for the period. The Company defines Adjusted Net Debt as total loan and borrowings, including leases, minus cash and cash equivalents. The Company defines Net Leverage Ratio as Adjusted Net Debt Ratio divided by Adjusted EBITDAR for the period.

All of the above-mentioned non-IFRS financial measures have limitations as analytical tools, and you should not consider them in isolation, or as a substitute for analysis of the Company’s results as reported under IFRS. Some of these limitations are: (i) they do not reflect the Company’s cash expenditures, or future requirements for capital expenditures or contractual commitments; (ii) they do not reflect changes in, or cash requirements for, its working capital needs; (iii) they do not reflect the Company’s cash requirements necessary to service interest or principal payments on the Company’s debt; (iv) although depreciation and amortization are non-cash charges, the assets being depreciated and amortized will often have to be replaced in the future, and they do not reflect any cash requirements for such replacements; (v) they do not adjust for all non-cash income or expense items that are reflected in the Company’s consolidated statements of profit or loss and other comprehensive income; (vi) they do not reflect the impact of all non-recurring items; and (vii) other companies in the Company’s industry may calculate these measures, or similarly titled measures, differently than the Company does, limiting their usefulness as comparative measures.

Reconciliations of each of these historical measures, and to the extent applicable, forward-looking measures to the most directly comparable IFRS measure are below. No reconciliation of the forecasted amounts of Adjusted EBITDAR Margin, as incrementally adjusted, and revenue, as incrementally adjusted, for fiscal 2026 is included in this release because we are unable to quantify certain amounts that would be required to be included in the corresponding IFRS measure without unreasonable efforts, due to high variability and complexity with respect to estimating certain forward-looking amounts, and we believe such reconciliation would imply a degree of precision that would be confusing or misleading to investors.

 

12


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     Three months ended June 30     Six months ended June 30  

Adjusted EBITDAR reconciliation

   2026     2025     Var.     2026     2025     Var.  

Profit (loss) for the period

     (58     68       —        (47     90       —   

(+) Income tax expense (benefit)

     (10     17       —        (8     22       —   

(+) Depreciation and amortization(1)

     193       180       7.2     382       353       8.4

(+) Net finance cost

     136       145       (6.5 %)      265       260       2.0

(+) Impairment (reversal)

     0       (4     —        0       (4     —   

(+) Aircraft leasing(2)

     4       3       17.7     8       8       0.9

Adjusted EBITDAR(3)

     264       410       (35.5 %)      600       729       (17.7 %) 

Figures may not sum to total due to rounding.

 

1) 

Depreciation and amortization expense as presented in our profit or loss. 2) Aircraft leasing is comprised of short-term rentals of flight equipment, including subject to PBH period. 3) Adjusted EBITDAR is a non-IFRS measure and has limitations as analytical tools, and you should not consider them in isolation, or as a substitute for analysis of the Company’s results as reported under IFRS.

 

Adjusted net debt reconciliation

   As of June 30, 2026      As of December 31, 2025  

Total loans and borrowings, including leases

     4,069        4,055  

(-) Cash and cash equivalents

     1,037        1,024  

= Adjusted net debt (1)

     3,032        3,031  

Figures may not sum to total due to rounding.

 

1) 

Adjusted Net Debt is a non-IFRS measure and has limitations as an analytical tool, and you should not consider it in isolation, or as a substitute for analysis of the Company’s results as reported under IFRS.

 

Net leverage ratio reconciliation

(Adjusted net debt / Last twelve months adjusted EBITDAR)

   As of June 30, 2026      As of December 31, 2025  

Adjusted net debt (1)

     3,032        3,031  

Last twelve months adjusted EBITDAR (1)

     1,543        1,672  

= Net leverage ratio(1)

     1.96x        1.81x  

Figures may not sum to total due to rounding.

 

1) 

Adjusted Net Debt, Adjusted EBITDAR and Net Leverage Ratio are non-IFRS measures and have limitations as analytical tools, and you should not consider them in isolation, or as a substitute for analysis of the Company’s results as reported under IFRS.

 

13

Exhibit 99.2

 

  LOGO    LOGO

Aeroméxico April 2026 Traffic Results

Mexico City, Mexico, May 7, 2026 – Grupo Aeroméxico S.A.B. de C.V. (NYSE: AERO & BMV: AERO) (“Aeroméxico”) reports its April 2026 operational results:

 

   

Grupo Aeroméxico transported 2 million and 61 thousand passengers in April 2026, a 1.3% year-over-year decrease. International passengers decreased by 0.7%, while domestic passengers decreased by 1.5%.

 

   

Aeroméxico’s total capacity, measured in available seat miles (ASMs), increased by 0.2% year-over-year. International ASMs increased by 0.8%, while domestic capacity decreased by 1.0% year-over-year.

 

   

Demand, measured in passenger miles (RPMs), increased by 0.4% year-over-year. International demand increased by 1.7%, while domestic demand decreased by 2.4%, both figures compared to April 2025.

 

   

Aeroméxico’s April 2026 load factor was 86.1%, a 0.2 p.p. increase as compared to April 2025. International load factor increased by 0.8 p.p., and domestic load factor decreased by 1.2 p.p.

Andrés Conesa, Chief Executive Officer stated: “April traffic results reinforced the positive demand trends year to date. The strength of our network, combined with disciplined execution, enabled us to maintain stable load factors versus last year, despite a challenging geopolitical environment. With fuel prices remaining elevated, we continue to optimize capacity by prioritizing international markets, where demand and pricing dynamics remain more favorable, supporting margin resilience and protecting profitability.”

 

     April     Cumulative to April  
     2026     2025     Var vs
2025
    2026     2025     Var vs
2025
 

Passengers (itinerary + charter, thousands)

            

Domestic

     1,368       1,389       -1.5     5,160       5,300       -2.6

International

     693       698       -0.7     2,692       2,666       1.0

Total

     2,061       2,088       -1.3     7,852       7,965       -1.4

ASMs (itinerary + charter, millions)

            

Domestic

     904       913       -1.0     3,500       3,583       -2.3

International

     2,174       2,157       0.8     8,174       8,184       -0.1

Total

     3,078       3,071       0.2     11,674       11,767       -0.8

RPMs (itinerary + charter, millions)

            

Domestic

     769       788       -2.4     2,912       2,998       -2.9

International

     1,880       1,849       1.7     6,991       6,797       2.9

Total

     2,649       2,637       0.4     9,904       9,795       1.1

Load Factor (itinerary, %)

         p.p.           p.p.  

Domestic

     85.1     86.3     -1.2       83.2     83.7     -0.4  

International

     86.5     85.7     0.8       85.5     83.0     2.5  

Total

     86.1     85.9     0.2       84.9     83.2     1.6  

 

Figures may not sum to total due to rounding.


LOGO

 

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

 

LOGO

 

2

Exhibit 99.3

 

   LOGO    LOGO

Aeroméxico May 2026 Traffic Results

Mexico City, Mexico, June 4, 2026 – 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 by 4.6%, while domestic passengers increased by 0.9%.

 

   

Aeroméxico’s total capacity, measured in available seat miles (ASMs), increased by 4.7% year-over-year. International ASMs increased by 7.0%, while domestic capacity decreased by 0.3% year-over-year.

 

   

Demand, measured in passenger miles (RPMs), increased by 5.2% year-over-year. International demand increased by 6.8%, while domestic demand increased by 1.6%, 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  
                 Var vs                 Var vs  
     2026     2025     2025     2026     2025     2025  

Passengers (itinerary + charter, thousands)

            

Domestic

     1,407       1,394       0.9     6,567       6,693       -1.9

International

     695       665       4.6     3,388       3,331       1.7

Total

     2,102       2,059       2.1     9,954       10,024       -0.7

ASMs (itinerary + charter, millions)

            

Domestic

     925       927       -0.3     4,425       4,510       -1.9

International

     2,226       2,081       7.0     10,401       10,265       1.3

Total

     3,151       3,009       4.7     14,826       14,776       0.3

RPMs (itinerary + charter, millions)

            

Domestic

     791       779       1.6     3,704       3,776       -1.9

International

     1,914       1,792       6.8     8,905       8,589       3.7

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.


LOGO

 

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

 

LOGO

 

2

Exhibit 99.4

 

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Aeroméxico June 2026 Traffic Results

Mexico City, Mexico, July 2, 2026 – Grupo Aeroméxico S.A.B. de C.V. (NYSE: AERO & BMV: AERO, “Aeroméxico”) reports its June 2026 operational results:

 

 

Grupo Aeroméxico transported 1 million and 851 thousand passengers in June 2026, a 9.0% year-over-year decrease. International passengers decreased by 1.4%, while domestic passengers decreased by 13.0%.

 

 

Aeroméxico’s total capacity, measured in available seat miles (ASMs), increased by 0.9% year-over-year. International ASMs increased by 4.9%, while domestic capacity decreased by 8.7% year-over-year.

 

 

Demand, measured in passenger miles (RPMs), decreased by 2.8% year-over-year. International demand increased by 0.9%, while domestic demand decreased by 11.8%, both figures compared to June 2025.

 

 

Aeroméxico’s June 2026 load factor was 82.7%, a 3.0 p.p. decrease as compared to June 2025. International load factor decreased by 3.1 p.p., and domestic load factor decreased by 2.9 p.p.

Andrés Conesa, Chief Executive Officer stated: “Traffic results for June reflect the disciplined execution of our commercial and network strategy. As anticipated, domestic demand moderated this month due to the World Cup-related shifts and we proactively adjusted domestic capacity to align with expected market conditions. International demand, on the other hand, maintained the strength it has shown all year long. These traffic results are consistent with the assumptions underpinning our second-quarter guidance.

Looking beyond the World Cup period, booking trends remain strong and continue to support our expectation of healthy demand for the rest of the year. We will continue to actively manage our network and capacity to capture demand opportunities while maximizing profitability.”

 

Passengers (itinerary + charter, thousands)

            

Domestic

     1,161       1,333       -13.0     7,727       8,027       -3.7

International

     690       700       -1.4     4,078       4,030       1.2

Total

     1,851       2,033       -9.0     11,805       12,057       -2.1

ASMs (itinerary + charter, millions)

            

Domestic

     815       892       -8.7     5,239       5,402       -3.0

International

     2,212       2,109       4.9     12,613       12,375       1.9

Total

     3,027       3,001       0.9     17,852       17,777       0.4

RPMs (itinerary + charter, millions)

            

Domestic

     659       747       -11.8     4,362       4,523       -3.6

International

     1,839       1,823       0.9     10,744       10,412       3.2

Total

     2,497       2,570       -2.8     15,106       14,935       1.1

Load Factor (itinerary, %)

         p.p.           p.p.  

Domestic

     80.9     83.8     -2.9       83.3     83.7     -0.5  

International

     83.4     86.4     -3.1       85.2     84.1     1.1  

Total

     82.7     85.7     -3.0       84.7     84.0     0.6  

 

Figures may not sum to total due to rounding.


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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

 

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