Grupo Aeroméxico reports a 2.1% increase in May 2026 passenger traffic and improved load factors year-over-year.
Quiver AI Summary
Grupo Aeroméxico announced its operational results for May 2026, reporting a total of 2,102,000 passengers, reflecting a 2.1% increase year-over-year. International passenger numbers rose by 4.6%, while domestic growth was more modest at 0.9%. The airline's capacity, measured in available seat miles (ASMs), increased by 4.7%, primarily due to a 7.0% rise in international capacity, despite a slight domestic decline of 0.3%. Demand also grew, with overall passenger miles (RPMs) increasing by 5.2%, driven by a 6.8% rise in international demand. Aeroméxico achieved a load factor of 85.8%, marking a 0.4 percentage point increase from the previous year. CEO Andrés Conesa emphasized strong demand trends and the importance of effectively managing capacity to enhance profitability as the airline looks ahead to the second half of the year.
Potential Positives
- Grupo Aeroméxico transported over 2 million passengers in May 2026, marking a 2.1% increase year-over-year, indicating growth in customer demand.
- International passenger transport increased by 4.6%, highlighting a robust recovery and expanding market reach in global travel.
- The May 2026 load factor improved to 85.8%, a 0.4 percentage point increase compared to the previous year, suggesting enhanced operational efficiency and profitability potential.
- A record high in weekly sales was achieved in the final week of May, demonstrating strong market demand and successful sales strategies.
Potential Negatives
- Domestic capacity decreased by 0.3% year-over-year, which may indicate challenges in maintaining domestic market share.
- Cumulative domestic passengers transported showed a decline of 1.9% compared to the previous year, suggesting potential weaknesses in demand or competitiveness in the domestic market.
- While the overall load factor improved slightly, the international load factor decreased by 0.2 percentage points, raising concerns about international route performance.
FAQ
What were Aeroméxico's passenger numbers in May 2026?
Aeroméxico transported 2.1 million passengers in May 2026, marking a 2.1% year-over-year increase.
How did international and domestic passengers change?
International passengers increased by 4.6%, while domestic passengers saw a 0.9% increase compared to May 2025.
What is Aeroméxico's load factor for May 2026?
Aeroméxico's load factor for May 2026 was 85.8%, a 0.4 percentage point increase from May 2025.
What is the significance of Aeroméxico's ASMs increase?
Aeroméxico's available seat miles (ASMs) increased by 4.7%, indicating a rise in operational capacity year-over-year.
How does Aeroméxico plan to manage capacity going forward?
Aeroméxico aims to actively manage capacity and network deployment to leverage strong demand opportunities and enhance profitability.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$AERO Insider Trading Activity
$AERO insiders have traded $AERO stock on the open market 6 times in the past 6 months. Of those trades, 2 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $AERO stock by insiders over the last 6 months:
- AARON JAMES MURRAY (Chief Commercial Officer) has made 0 purchases and 4 sales selling 950,000 shares for an estimated $1,451,465.
- HARO EDUARDO TRICIO has made 2 purchases buying 1,000,000 shares for an estimated $1,320,000 and 0 sales.
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$AERO Hedge Fund Activity
We have seen 38 institutional investors add shares of $AERO stock to their portfolio, and 28 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PAR CAPITAL MANAGEMENT INC removed 13,850,410 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $194,044,244
- SILVER POINT CAPITAL L.P. added 13,172,754 shares (+inf%) to their portfolio in Q4 2025, for an estimated $289,273,677
- VR ADVISORY SERVICES LTD added 5,175,640 shares (+43924.6%) to their portfolio in Q1 2026, for an estimated $72,510,716
- OAKTREE CAPITAL MANAGEMENT LP added 3,776,986 shares (+inf%) to their portfolio in Q4 2025, for an estimated $82,942,612
- CITIGROUP INC added 1,823,199 shares (+inf%) to their portfolio in Q1 2026, for an estimated $25,543,017
- ITAU UNIBANCO HOLDING S.A. added 1,101,434 shares (+inf%) to their portfolio in Q4 2025, for an estimated $24,187,490
- FOURTH SAIL CAPITAL LP removed 1,100,000 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $15,411,000
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$AERO Analyst Ratings
Wall Street analysts have issued reports on $AERO in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Morgan Stanley issued a "Overweight" rating on 12/17/2025
- Goldman Sachs issued a "Buy" rating on 12/17/2025
- Deutsche Bank issued a "Buy" rating on 12/17/2025
- Evercore ISI Group issued a "Outperform" rating on 12/17/2025
To track analyst ratings and price targets for $AERO, check out Quiver Quantitative's $AERO forecast page.
$AERO Price Targets
Multiple analysts have issued price targets for $AERO recently. We have seen 7 analysts offer price targets for $AERO in the last 6 months, with a median target of $28.0.
Here are some recent targets:
- Pablo Monsivais from Barclays set a target price of $25.0 on 03/24/2026
- Duane Pfennigwerth from Evercore ISI Group set a target price of $30.0 on 03/12/2026
- Guilherme Mendes from JP Morgan set a target price of $28.0 on 03/12/2026
- Jens Spiess from Morgan Stanley set a target price of $30.0 on 12/17/2025
- Bruno Amorim from Goldman Sachs set a target price of $35.0 on 12/17/2025
- Michael Linenberg from Deutsche Bank set a target price of $25.0 on 12/17/2025
- Filipe Nielsen from Citigroup set a target price of $27.0 on 12/17/2025
Full Release
MEXICO CITY, Mexico, June 04, 2026 (GLOBE NEWSWIRE) -- Grupo Aeroméxico S.A.B. de C.V. (NYSE: AERO & BMV: AERO) (“Aeroméxico”) reports its May 2026 operational results:
- Grupo Aeroméxico transported 2 million and 102 thousand passengers in May 2026, a 2.1% year-over-year increase. International passengers increased by 4.6%, while domestic passengers increased by 0.9%.
- Aeroméxico's total capacity, measured in available seat miles (ASMs), increased by 4.7% year-over-year. International ASMs increased by 7.0%, while domestic capacity decreased by 0.3% year-over-year.
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Demand, measured in passenger miles (RPMs), increased by 5.2% year-over-year. International demand increased by 6.8%, while domestic demand increased by 1.6%, both figures compared to May 2025.
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Aeroméxico’s May 2026 load factor was 85.8%, a 0.4 p.p. increase as compared to May 2025. International load factor decreased by 0.2 p.p., and domestic load factor increased by 1.6 p.p.
Andrés Conesa, Chief Executive Officer stated : “ May traffic performance underscored the strength of our network and commercial strategy. Demand remained strong and robust, outpacing capacity growth and supporting healthy load factors across the network. We closed the month on a high note, with the final week of May delivering the highest weekly sales in our Company’s history. Demand trends continue to track in line with the outlook provided in April. As we move to the second half of the year, we will continue to actively manage capacity and network deployment to capitalize on these strong demand opportunities and maximize profitability .”
| May | Cumulative to May | ||||||||||
|
2026
|
2025
|
Var vs
2025 |
2026
|
2025
|
Var vs
2025 |
||||||
| Passengers (itinerary + charter, thousands) | |||||||||||
| Domestic | 1,407 | 1,394 | 0.9% | 6,567 | 6,693 | -1.9% | |||||
| International | 695 | 665 | 4.6% | 3,388 | 3,331 | 1.7% | |||||
| Total | 2,102 | 2,059 | 2.1 % | 9,954 | 10,024 | -0.7% | |||||
| ASMs (itinerary + charter, millions) | |||||||||||
| Domestic | 925 | 927 | -0.3% | 4,425 | 4,510 | -1.9% | |||||
| International | 2,226 | 2,081 | 7.0% | 10,401 | 10,265 | 1.3% | |||||
| Total | 3,151 | 3,009 | 4.7 % | 14,826 | 14,776 | 0.3 % | |||||
| RPMs (itinerary + charter, millions) | |||||||||||
| Domestic | 791 | 779 | 1.6% | 3,704 | 3,776 | -1.9% | |||||
| International | 1,914 | 1,792 | 6.8% | 8,905 | 8,589 | 3.7% | |||||
| Total | 2,705 | 2,571 | 5.2 % | 12,609 | 12,365 | 2.0 % | |||||
| Load Factor (itinerary, %) | p.p. | p.p. | |||||||||
| Domestic | 85.6 | % | 84.0 | % | 1.6 | 83.7 | % | 83.7 | % | -0.0 | |
| International | 86.0 | % | 86.1 | % | -0.2 | 85.6 | % | 83.7 | % | 1.9 | |
| Total | 85.8 | % | 85.5 | % | 0.4 | 85.1 | % | 83.7 | % | 1.4 | |
Figures may not sum to total due to rounding.
The information included within this report has not been audited and does not provide information on the Company’s future performance. Aeromexico’s future performance depends on many factors and it cannot be inferred that any period’s performance or its year-over-year comparison will be an indicator of similar future performance.
Glossary:
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“RPMs”
Revenue Passenger Miles represent one revenue-passenger transported one mile. This includes itinerary and charter flights. The total RPMs equals the number of revenue-passengers transported multiplied by the total distance flown.
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“ASMs”
Available Seat Miles represent the number of available seats multiplied by the distance flown. This metric is an indicator of the airline’s capacity. It equals one seat offered for one mile, whether the seat is used.
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“Load Factor”
equals the number of passengers transported as a percentage of the number of seats offered. It is a measure of the airline’s capacity utilization. This metric considers the total passengers transported and total seats available in itinerary flights only.
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“Passengers”
refers to the total number of passengers transported by the airline.
This press release contains certain forward-looking statements that reflect the current views and/or expectations of the Company and its management with respect to its performance, business and future events. We use words such as “believe,” “anticipate,” “plan,” “expect,”, “intend,” “target,” “estimate,” “project,” “predict,” “forecast,” “guideline,” “should” and other similar expressions to identify forward-looking statements, but they are not the only way we identify such statements. Such statements are subject to a number of risks, uncertainties and assumptions. We caution you that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in this release. The Company is under no obligation and expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
About Grupo Aeroméxico
Grupo Aeroméxico, S.A.B. de C.V., is a holding company whose subsidiaries are engaged in commercial aviation in Mexico and in the promotion of passenger loyalty programs. Aeroméxico, Mexico’s global airline, operates primarily out of Terminal 2 of the Mexico City International Airport. Its destination network extends across Mexico, the United States, Canada, Central America, South America, Asia, and Europe. Aeroméxico’s current operating fleet includes Boeing 787 and 737 aircraft, as well as Embraer 190. Aeroméxico is a founding member of SkyTeam, an alliance celebrating 25 years and offering connectivity across more than 145 countries through its 18 partner airlines.
www.aeromexico.com
www.skyteam.com
Contact information:
[email protected]