Grupo Aeroméxico, S.A.B. de C.V.
GRPAQ
Other OTC0.01
USD
- -
- -
ISIN
MX01AE010005
Return %
Stock
S&P500
1Y
- -
26.53
3Y
- -
76.60
5Y
-87.90
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Full Time Employees
- 12,894
- Sector
- Industrials
- Industry
- Airlines, Airports & Air Services
- Address
- Paseo de la Reforma 243 Mexico City Mexico 06500
- IPO Date
- Mar 3, 2016
- Website
- aeromexico.com
- Similar Companies
- Business
- Grupo Aeroméxico, S.A.B. de C.V. (GRPAQ) is a Mexican holding company that owns and operates Aeroméxico, Mexico's flag carrier airline; it provides scheduled passenger and cargo air transportation services to over 90 destinations across Mexico, the United States, Latin America, Europe, Canada, Asia, and the Caribbean, primarily through mainline and regional operations via subsidiaries Aeroméxico Connect and Aeroméxico Cargo. Core offerings encompass domestic and international flights on a fleet exceeding 130 Boeing aircraft including 737-800, 737 MAX 8/9, 787-8, and 787-9 models; loyalty programs through Premier Loyalty & Marketing; package holidays; aviation support services such as personnel training, aircraft maintenance and modification via joint ventures like AM DL MRO with Delta Air Lines, and ground handling; as well as real estate activities through subsidiaries like Inmobiliaria Avenida Fuerza Aérea Mexicana. Founded in 1934 and headquartered in Mexico City at Paseo de la Reforma 243, the company serves as a SkyTeam alliance founding member, facilitating global connectivity, with Mexico comprising about half of revenues and significant contributions from North, Central, and South America. Recent developments include a $200 million syndicated revolving credit facility effective August 2024 for general corporate purposes; pricing of $500 million 8.250% senior secured notes due 2029 and $610 million notes due 2031 in October 2024; plans to channel MX$5.8 billion from a global stock offering into fleet expansion, logistics, and infrastructure; addition of new routes such as Barcelona and Paris for summer 2025, alongside 17 new U.S.-Mexico routes launched in 2024 under the Delta joint cooperation agreement; emergence from Chapter 11 bankruptcy in 2022 with delisting from the Mexican Stock Exchange and plans to relist on NYSE or Nasdaq by end-2024; and unveiling of a new 90th anniversary livery in August 2024.