Aeromexico Reports Unaudited Third Quarter 2026 Results

Mexico City, Mexico - Grupo Aeromexico S.A.B. de C.V. (NYSE: AERO & BMV: AERO), known as Aeromexico, reported its unaudited consolidated financial results for the third quarter ended September 30, 2026. The airline achieved a record quarterly total revenue of $1.6 billion alongside a double-digit operating margin.

Financial and Operational Performance

During the third quarter of 2026, Aeromexico demonstrated strong resilience amid historic highs in jet fuel prices. Total revenue reached $1.6 billion, representing a 13.6% increase compared to the same period in 2025. The company reported an adjusted EBITDAR of $389.2 million with a 24.0% margin, while operating income stood at $189.6 million, yielding an operating margin of 11.7%.

Capacity, measured in available seat miles (ASMs), increased by 1.3% year-over-year to 9,395 million. Total fuel expense rose significantly by 57.6% to reach $469.0 million. Despite these cost pressures, targeted revenue initiatives, disciplined cost management, and fleet efficiency helped maintain stable operations.

• Total Revenue: $1.6 billion (13.6% increase YoY)
• Adjusted EBITDAR: $389.2 million (24.0% margin)
• Operating Income: $189.6 million (11.7% margin)
• Liquidity: $1.2 billion, representing 20.7% of last-twelve-month revenues

Outlook

Looking ahead, Aeromexico expects constructive demand trends to continue into the fourth quarter, projecting revenue growth of approximately 15% year-over-year. The airline continues to execute its capacity growth plans while maintaining financial discipline.