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Week of Expected Pricing Pending
Company Name GRUPO AEROMEXICO, S.A.B. DE C.V.
Proposed Ticker AERO
CUSIP N/A
Business Description 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. In addition, we have a Joint Cooperation Agreement, or the JCA, with Delta that supports passenger flows in the Mexico–U.S. transborder market, the largest transborder air passenger market in the world as measured by available seats in the twelve-month period ended March 31, 2024, according to Diio.
Lead Underwriter Barclays Capital Inc,Evercore Group L.L.C,J.P. Morgan Securities LLC,Morgan Stanley & Co. LLC
Co-Managers Apollo Global Securities, LLC
Initial Shares N/A
Revised Initial Shares N/A
Initial Price N/A
Revised Price N/A
Final Price N/A
Final Ticker N/A

 

 

   
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