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GlobeNewswire·

Aeroméxico Announces S&P Global Ratings Upgrade

  • S&P Global Ratings upgraded Grupo Aeroméxico's global scale issuer credit rating from "B+" to "BB-".
  • The rating upgrade reflects the airline's resilient business model, disciplined financial management, & ability to remain profitable despite industry volatility.
  • S&P raised the credit ratings on Aeroméxico's 2029 Notes & 2031 Notes to "BB" from "BB-".
  • Aeroméxico's competitive advantages include a premium service model, a high-value customer base, strategic capacity management, & geographic diversification.
  • The company maintains solid liquidity supported by positive cash generation & committed credit lines.
  • Grupo Aeroméxico operates as Mexico's flagship airline with a main hub at Mexico City International Airport & is a founding member of the SkyTeam alliance.
  • The airline's current fleet consists of Boeing 787, 737, & Embraer 190 aircraft serving destinations across the Americas, Asia, & Europe.