Aeroméxico posted first-quarter 2026 revenues of $1,341 million, a 13.2% increase from $1,183 million in the prior-year period. The growth stemmed from higher trip volumes and peso appreciation against the dollar.
Net profit fell 50% to $10.7 million from $21.9 million, pressured by 13% higher administrative expenses and proportional rises in selling costs. This highlights operational challenges offsetting top-line gains in a competitive market.
Fuel costs surged 13.1% to 77 cents per unit from 68 cents, driven by Middle East conflict inflating oil prices. Total operating expenses climbed 15.1% to $1.2 billion.
The revenue record underscores Aeroméxico’s capacity expansion and demand recovery post-restructuring. However, margin compression from fuel and overhead raises questions on profitability sustainability amid geopolitical risks.
Grupo Aeroméxico filed these results with the Bolsa Mexicana de Valores, reflecting resilience in Mexico’s leading carrier amid rising input costs.