Grupo Aeroméxico, S.A.B. de C.V. Overview
Pro stress-test →Grupo Aeroméxico is a holding company whose subsidiaries are engaged in commercial aviation in Mexico and passenger loyalty programs, operating primarily out of Terminal 2 of Mexico City International Airport. The airline operates a network extending across Mexico, the United States, Canada, Central America, South America, Asia, and Europe, with a modern fleet including Boeing 787, 737, and Embraer 190 aircraft. It is a founding member of SkyTeam, an alliance celebrating 25 years and offering connectivity across more than 145 countries through its 18 partner airlines.
Strategic Profile
Pro stress-test →In Q1 2026, Aeroméxico achieved revenue of $1,341 million, up 13.3% year-over-year, with premium revenue comprising 42% of passenger-related revenue. The airline transported 2.1 million passengers in May 2026 with a load factor of 85.8%. Profitability remains under pressure from higher fuel costs, with adjusted EBITDAR of $336 million (25% margin) in Q1 2026 and adjusted net debt of $2,939 million representing a net leverage ratio of 1.7x.
Competitive Landscape
Pro stress-test →Aeroméxico operates as a full-service airline focused on domestic and international passenger air travel with premium offerings and loyalty ecosystem. Primary competitors in Latin American aviation include LATAM Airlines, Copa Holdings, and regional carriers. The airline's positioning as Mexico's global carrier with SkyTeam alliance membership provides competitive advantages in international connectivity and codeshare partnerships.
Industry Context
Grupo Aeroméxico, S.A.B. de C.V. operates in Full-service airline services.
Key facts
Founded: 1934 · Headquarters: Mexico City, Mexico · Revenue: $1.341B (Q1 2026) · Market cap: $2.676B