Aeroméxico financial results 2026: revenue, operating margin, EBITDAR & fleet

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Company-reported performance, unit economics, balance-sheet and fleet metrics from FY2022 to the latest published period. Metrics are in the same order as the Airline Comparison tool.

— metrics in this profile FY2022 → Q2 2026 Updated — Next results —

At a glance

Latest reported period

Metrics

Full-year history

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RReportedDirect company disclosure CCalculatedDerived from company figures GGroup-levelBroader than the airline entity DCompany-definedNon-standard measure —Missing dataNot stored, not disclosed or not applicable; see each cell

Analysis

What the numbers say

More detail

Additional disclosures

Guidance vs actual

Did the airline deliver?

What management guided at the start of each financial year compared with what was reported. Within the guided range = met; for cost metrics, below the range = beat.

Fleet & orders

Fleet composition

Key events

What moved the numbers

Peers

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FAQ

Frequently asked questions

Methodology

How to read this page

Every figure keeps the company’s own reporting period, currency, entity scope and terminology. Partial periods are not annualised, currencies are not converted and missing KPIs are not estimated. Core metrics follow the Airline comparison tool.

  1. Fiscal years are labelled by the calendar year in which they end (a year to 31 Mar 2025 appears as FY2025). The exact period end is shown in the first row, with a link to the source document.
  2. Quarters follow the company’s reporting calendar; the company’s own label is noted beneath the period.
  3. YoY change compares with the same period one year earlier: % change for amounts, percentage points (pp) for ratios. Green means favourable (for costs, a fall is favourable). n.m. = not meaningful.
  4. Operating margin uses operating profit or EBIT ÷ revenue. EBITDA, EBITDAR and their margins are separate disclosures and are not substitutes for operating profit or margin. Company-defined measures keep their source labels (marked D).
  5. Sources: annual reports, interim results and traffic statements. See Data & Research.

Quick answers

Is Aeroméxico profitable?

Yes. Aeroméxico reported an operating profit of $928m in FY2025 (year to 31 Dec 2025), a 17.3% margin. In its latest reported period, it reported an operating profit of $67.9m in Q2 2026 (to 30 Jun 2026), a 4.6% margin.

What was Aeroméxico’s revenue in 2025?

Aeroméxico reported revenue of $5.361bn in FY2025 (year to 31 Dec 2025). For Q2 2026 (to 30 Jun 2026) it reported revenue of $1.479bn.

Company-reported figures from our airline database. Definitions, currencies and reporting periods differ between airlines; see the tables on this page and the comparison tool for detail.

Text version of the Aeroméxico data on this page

Aeroméxico data snapshot

  • Scope: Grupo Aeroméxico, S.A.B. de C.V. (NYSE: AERO)
  • Region: Latin America
  • Business model: Global network
  • Financial year end: 31 Dec
  • Reporting currency: USD
  • Source: Quarterly results releases
  • Latest period: Q2 2026
  • Last updated: 2026-09-27

Latest read

Aeroméxico posted record Q2 2026 revenue of $1.48 billion, up 12.6% as TRASM rose 10.5%, but fuel expense jumped 80% to $494 million, cutting the operating margin from 17.5% to 4.6% and producing a $58 million net loss. It still guides to 2026 revenue of $6.05–6.12 billion and an 11–13% operating margin.

Reported metrics by period

Annual results

  • FY2025 (FY2025 · 31 Dec 2025): Passengers: 24.6m (−3.0% YoY); Revenue: $5.361bn (−4.6% YoY); Operating profit / result: $928m op. (−13.0% YoY); Operating margin: 17.3% (−1.7pt YoY); EBITDA / EBITDAR: $1.672bn (Adjusted EBITDAR; 31.2% margin) [Defined]; Load factor: 85.9% (−0.7pt YoY); Net profit: $352m (−43% YoY; incl. $71.1m gain on JV sale and IPO costs); Capacity / ASK: 35.8bn ASM (+0.5% YoY); RASK / yield: 15.0¢ TRASM (−5.0% YoY); CASK ex-fuel: 9.3¢ CASM ex-fuel (+1.7% YoY); Fuel cost: 65¢/litre (−7.6% YoY); Cash / liquidity: $1.024bn (Cash and equivalents); Net debt / cash / leverage: $3.031bn adj. net debt (1.8x net debt ÷ EBITDAR) [Defined]; Fleet size: 165 (Year end). Source: Aeroméxico Q4 2025 results.
  • FY2024 (FY2024 · 31 Dec 2024): Passengers: 25.3m (Annual); Revenue: $5.620bn (Total revenue); Operating profit / result: $1.067bn op. (Operating income); Operating margin: 19.0% (Operating margin); EBITDA / EBITDAR: $1.738bn (Adjusted EBITDAR; 31.0% margin) [Defined]; Load factor: 86.6% (Annual); Net profit: $617m (Net income); Capacity / ASK: 35.6bn ASM (Annual); RASK / yield: 15.8¢ TRASM (Annual); CASK ex-fuel: 9.2¢ CASM ex-fuel (Annual); Cash / liquidity: $842m (Cash and equivalents); Net debt / cash / leverage: $2.859bn adj. net debt (1.6x net debt ÷ EBITDAR) [Defined]. Source: Aeroméxico Q4 2025 results (2024 comparatives).

Quarterly and interim results

  • Q2 2026 (Q2 2026 · 30 Jun 2026): Passengers: 6.0m (−2.7% YoY); Revenue: $1.479bn (Record Q2; +12.6% YoY); Passenger revenue: $1.309bn (Passenger revenue; +10.4%; cargo $86m); Operating profit / result: $67.9m op. (−70.5% YoY); Operating margin: 4.6% (−12.9pt YoY); EBITDA / EBITDAR: $264.2m (Adjusted EBITDAR; 17.9% margin) [Defined]; Load factor: 84.9% (−0.8pt YoY); Net profit: −$58m (Net loss; Q2 2025: +$68m); Capacity / ASK: 9.3bn ASM (+1.9% YoY); Revenue passenger km (RPK): 7.9bn RPM (+0.9% YoY); RASK / yield: 16.0¢ TRASM (+10.5% YoY); Yield: 14.7¢ (+11.4% YoY); CASK ex-fuel: 10.0¢ CASM ex-fuel (+12.3% YoY); Total CASK: 15.3¢ CASM (+28.6% YoY); Fuel cost: $493.8m ($4.20/gal, +79.6% YoY); Cash / liquidity: $1.2bn (Total liquidity; cash $1.037bn); Net debt / cash / leverage: $3.032bn adj. net debt (1.96x net debt ÷ EBITDAR) [Defined]; Fleet size: 169 (Average age 8.9 years); Fleet growth / guidance: +2% to +3% ASM (FY2026 guidance) [Defined]. Source: Aeroméxico Q2 2026 results.
  • Q1 2026 (Q1 2026 · 31 Mar 2026): Revenue: $1.342bn (H1 2026 less Q2) [Calculated]; Operating profit / result: $142m op. (H1 2026 less Q2) [Calculated]; Operating margin: 10.6% (Operating income ÷ revenue) [Calculated]; Net profit: $11m (H1 2026 less Q2) [Calculated].
  • Q4 2025 (Q4 2025 · 31 Dec 2025): Passengers: 6.2m (−1.3% YoY); Revenue: $1.438bn (+0.2% YoY); Operating profit / result: $303m op. (+18.0% YoY); Operating margin: 21.1% (+3.2pt YoY); Load factor: 87.2% (+1.7pt YoY); Net profit: $165m (Net income); Capacity / ASK: 8.8bn ASM (−1.8% YoY); RASK / yield: 16.4¢ TRASM (+2.0% YoY); CASK ex-fuel: 10.4¢ CASM ex-fuel (+5.9% YoY). Source: Aeroméxico Q4 2025 results.
  • Q3 2025 (Q3 2025 · 30 Sep 2025): Revenue: $1.425bn (FY2025 less Q1, Q2 and Q4) [Calculated]; Operating profit / result: $253m op. (FY2025 less Q1, Q2 and Q4) [Calculated]; Operating margin: 17.8% (Operating income ÷ revenue) [Calculated]; Net profit: $97m (FY2025 less Q1, Q2 and Q4) [Calculated].
  • Q2 2025 (Q2 2025 · 30 Jun 2025): Passengers: 6.2m (Quarter); Revenue: $1.314bn (Total revenue); Operating profit / result: $230m op. (Operating income); Operating margin: 17.5% (Operating margin); Load factor: 85.7% (Quarter); Net profit: $68m (Net income); Capacity / ASK: 9.1bn ASM (Quarter); RASK / yield: 14.5¢ TRASM (Quarter); CASK ex-fuel: 8.9¢ CASM ex-fuel (Quarter). Source: Aeroméxico Q2 2026 results (comparatives).

Sources