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Grupo Aeromexico Filed, US Offering, NYSE: AERO

Restructured Mexican airline.

Industry: Industrials

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Return from IPO:

Industry: Industrials

We are uniquely positioned as the only full service carrier, or FSC, based in Mexico and the only airline that provides long-haul, wide-body service connecting Mexico with the rest of the world. We offer a premium experience to both international and domestic destinations, including every major city in Mexico and 43 international cities in 22 countries across multiple continents: North America, South America, Europe and Asia. We maintain the most attractive route network in Mexico, and we are the leading airline at MEX, the largest airport in Mexico, which is capacity constrained, and accounted for 39% of total passengers flying within, to and from Mexico and internationally in the twelve-month period ended March 31, 2024, according to the AFAC. We also have a strong presence in Mexico’s other large business markets, including Guadalajara and Monterrey, where we provide global connectivity by offering intercontinental flights. In addition, we have a large footprint in high-demand leisure markets, such as Cancún and Puerto Vallarta. We are the only Mexican airline that is a member of one of the three global airline alliances through our membership in SkyTeam, a global network of 19 international carriers, which we co-founded with Delta more than 20 years ago.
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IPO Data
IPO File Date 05/13/2024
Offer Price
Price Range n/a
Offer Shares (mm) n/a
Deal Size ($mm) $300
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date
Offer Price
Price Range n/a
Offer Shares (mm) n/a
Deal Size ($mm) $300
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Barclays
Morgan Stanley
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Company Data
Headquarters Mexico City, Mexico
Founded 1934
Employees at IPO 16,404
Website www.aeromexico.com

Grupo Aeromexico (AERO) Performance