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AERO-News
AERO-Events
Grupo Aeromexico Shares Down 7% to $14.77
Grupo Aeromexico is down -7.0%, or -$1.12 to $14.77.
Sees Q4 Revenue Up 14%-16% Year-over-Year
Sees Q4 revenue up 14%-16% y/y
Grupo Aeromexico Reports Q3 Available Seat Miles Up 1.3% YoY
Grupo Aeromexico reports Q3 available seed miles up 1.3% y/y
Aeromexico Reports Q3 Revenue of $1.62B
Reports Q3 revenue $1.62B vs. $1.43B last year. Andres Conesa, Chief Executive Officer stated: "Aeromexico delivered another strong quarter, with record revenue and a double-digit operating margin of 12%. Demand remained healthy, driven primarily by strong international markets, premium revenue growth, and continued momentum in our loyalty program. Despite jet fuel prices reaching historic highs during the quarter, targeted revenue initiatives, disciplined cost management, and moderated capacity deployment enabled us to offset the impact of higher fuel costs. Looking ahead, demand trends remain constructive, and we expect fourth quarter revenue to grow by approximately 15% year over year. As we resume growth with discipline, we expect to unlock further operating leverage and continue enhancing profitability."
Grupo Aeromexico Raises FY26 Revenue Growth Outlook to 13.5%-14.5%
Grupo Aeromexico raises FY26 revenue growth view to 13.5%-14.5% from 13%-14%
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