GlobeNewswire·Apr 21, 2026, 6:00 PM ET

Aeroméxico Reports Unaudited First Quarter 2026 Results

Grupo Aeroméxico reported total revenue of $1.34 billion for 1Q26, a 13.3% increase year-over-year.
Adjusted EBITDAR totaled $335.8 million with a 25.0% margin, representing a 5.0% increase from 1Q25.
Operating income reached $141.8 million with an operating margin of 10.6%.
Available seat miles (ASMs) decreased by 1.2% year-over-year to 8,596 million due to disciplined capacity management.
Cost per ASM excluding fuel (CASM-Ex) rose to 10.2¢, a 17.8% increase driven by peso appreciation and higher labor costs.
Net income for the quarter was $10.7 million with a 0.8% margin, down from $22.0 million in the prior year period.
Liquidity reached $1.2 billion, representing 23.0% of last-twelve-month revenues.
The adjusted net debt to EBITDAR ratio improved to 1.7x from 1.8x in 4Q25.
Fuel costs per liter increased 13.1% to 77¢ per liter, though fuel consumption per ASM decreased by 1.4%.
The operating fleet grew to 166 aircraft, including one new Boeing 787-9 received during the quarter.
Aeroméxico was recognized by Cirium as the world's most on-time airline for the first quarter of 2026.
Premium revenue mix increased to 42% of passenger-related revenue, up from 41% in 1Q25.
2Q26 guidance projects total capacity growth of 1.5% to 2.5% and total revenue between $1.47 billion and $1.52 billion.
2Q26 guidance anticipates an adjusted EBITDAR margin between 17.0% and 20.0%.