Key Points – Grupo Aeromexico posted record second-quarter revenue of about $1.5 billion, with traffic up 10.5% year over year and strong premium demand helping offset a temporary June slowdown tied to World Cup travel patterns. – Fuel costs were the main margin headwind, but…
e airline still stayed within guidance by recapturing 76% of the incremental fuel burden through pricing and revenue management; adjusted EBITDAR margin was 18%. – Management said the June World Cup impact was temporary and expects a stronger second half, guiding for full-year 2026 revenue growth of 13% to 14%, operating margin of 11% to 13%, and higher EBITDA/EBIT in Q3 and Q4. Grupo Aeromexico (NYSE:AERO) reported record second-quarter revenue despite elevated jet fuel prices and a temporary domestic demand slowdown tied to World Cup travel patterns, executives said on the company’s second-quarter 2026 earnings call
Chief Executive Officer Andrés Conesa said the quarter unfolded “largely as we anticipated,” with healthy demand in April and May and softer domestic trends in June as corporate and leisure travel patterns shifted around Mexico’s national team matches. Even with that disruption, Conesa said Aeroméxico delivered record revenue for both June and the full second quarter. “Revenue performance was strong, with traffic growing 10.5% year-over-year during the quarter, a period that also saw the two best sales weeks in our company’s history,” Conesa said. Chief Financial Officer Ricardo Sánchez Baker said total available seat miles increased 1.9% year-over-year, in line with company guidance.
Total revenue reached approximately $1.5 billion in the second quarter, up 30% from a year earlier, while total revenue per available seat mile rose 10.5% and passenger revenue per available seat mile increased 10%. Fuel Costs Pressured Margins, but Aeroméxico Stayed Within Guidance Aeroméxico said high and volatile fuel prices were the main headwind during the quarter. Sánchez Baker said total…