Grupo Aeroméxico (ADR) (AERO)
Operates passenger, regional, cargo, and loyalty businesses centered on Mexico.
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Operates Aeroméxico's high-density international network, domestic service through Aeroméxico Connect, and Aeroméxico Cargo. The group also operates Aeroméxico Rewards, its airline loyalty program.
Operates through Aeroméxico Cargo, the Aeroméxico airline, and Aeroméxico Connect. The core airline focuses on high-density international service and the Mexico City–Guadalajara–Monterrey business triangle; Connect serves mainly short-haul domestic destinations. Aeroméxico Rewards provides the group's airline loyalty program.
Management describes the group as Mexico's only full-service carrier and has expanded the fleet and passenger product since its 2022 Chapter 11 emergence. Cross-border commercial cooperation with Delta includes codesharing, loyalty reciprocity, and shared passenger privileges.
That Delta cooperation is shaped by a US Department of Transportation order terminating antitrust immunity for the joint cooperation agreement from January 2026, while non-immunized cooperation may continue.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Jun 18, 2026 | Jefferies | Target | Target: — | Target: $20 |
| Feb 19, 2026 | Barclays | Reiterate | Rating: —Target: $28 | Target: $32 |
| Feb 10, 2026 | Barclays | Reiterate | Rating: —Target: $27 | Target: $28 |
| Jan 11, 2026 | BTG Pactual | Target | Target: — | Target: $30 |
| Dec 17, 2025 | Evercore ISI | Target | Target: — | Target: $36 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $1.04B · Total debt $4.07B · Total assets $7.38B · Shareholders' equity −$640.1M
- Revenue
- $1.48B
- Operating income
- $61.0M
- Net income
- −$57.5M
No dividends on record.
| Institutions | 65.08% | 94.95M ADS | |
|---|---|---|---|
| 75 holders · as of Jun 30, 2026 | |||
| Strategic holders | 75.41% | 110.02M ADS | |
| 1 holder · as of Feb 17, 2026 | |||
| Adds to | 140.49% | ||
145.90M ADS (1 ADS = 0 ordinary shares) as of Aug 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
The share count is from the company's Jun 2020 annual report; nothing newer is on file here.
These groups come from separate filings that can overlap, so they add to 140.49%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Apollo Management Holdings GP, LLCStrategic | 75.41% | 110.02M | filed Feb 17, 2026 |
Apollo Management Holdings, L.P.Institution | 18.85% | 27.51M ADS | as of Jun 30, 2026 |
Silver Point Capital L.P.Institution | 9.59% | 13.99M ADS | as of Jun 30, 2026 |
Strategic Value Partners, LLCInstitution | 6.50% | 9.49M ADS | as of Jun 30, 2026 |
Nut Tree Capital Management, LPInstitution | 4.45% | 6.49M ADS | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Grupo Aeroméxico (ADR) | $16.32 | +2.32% | $2.33B | 11.0 | 9.1 | 0.4 | — |
| Volaris (ADR) | $6.88 | +0.22% | $788.6M | — | — | 0.2 | +2,210.2% |
| American Airlines Group | $13.50 | −0.55% | $8.98B | — | 12.9 | 0.2 | +16.3% |
| United Airlines | $114.28 | −0.10% | $37.13B | 10.7 | 9.1 | 0.6 | +16.0% |
| Copa | $135.31 | −1.31% | $5.65B | 9.0 | 7.7 | 1.4 | +25.7% |
| Southwest Airlines | $41.85 | +0.18% | $20.43B | 25.6 | 10.9 | 0.7 | +16.4% |
| Median | 10.7 | 10.0 | 0.6 | +16.4% |