Earnings release
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AEROMEXICO . TEAM CONTACT : Investor Relations Corporate Communications aminvestorrelations@aeromexico.com amcomunicacioncorporativa@aeromexico.com Aeroméxico Reports Unaudited Third Quarter 2026 Results • Record Quarterly Total Revenue of $ 1.6 billion • Adjusted EBITDAR ( 1 ) Margin of 24 % • Operating Margin of 12 % • Liquidity ( 2 ) to LTM Revenue ratio at 21 % Mexico City , Mexico , October 19 , 2026 - Grupo Aeroméxico S.A.B. de C.V. ( NYSE : AERO & BMV : AERO , " Aeroméxico " or the " Company " ) today reported unaudited consolidated financial results for the three months ended September 30 , 2026 ( " 3Q26 " ) . These results are based on information available to us as of the date of this earnings release and are not a comprehensive statement of our financial results for the period presented . The Company has used the U.S. dollar , its functional currency , as the presentation currency for its consolidated financial statements . All figures are expressed in millions of U.S. dollars unless otherwise indicated . Andrés Conesa , Chief Executive Officer stated : " Aeroméxico 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 . " OPERATING & FINANCIAL HIGHLIGHTS 3Q26 • Capacity , measured in available seat miles ( ASMs ) , increased by 1.3 % year - over - year . Total revenue reached $ 1.6 billion ; a 13.6 % increase compared to the same period of 2025 . Total fuel expense amounted to $ 469.0 million , a 57.6 % year - over - year increase , equivalent to an increase of $ 171.5 million . Adjusted EBITDAR ( 1 ) totaled $ 389.2 million , with a 24.0 % margin . Operating income totaled $ 189.6 million , with an 11.7 % margin . Total adjusted net debt to EBITDAR ( 1 ) ended the quarter at 2.1x . Liquidity ( ² ) totaled $ 1.2 billion , equivalent to 20.7 % of last - twelve - month revenues .