Overview
- Trading began November 6 with ordinary shares on the BMV and ADSs on the NYSE under the ticker AERO, marking the carrier’s return to public markets.
- The mixed global offering comprised about 27.46 million shares in Mexico at MXN 35.34 and roughly 11.7 million ADS in the U.S. at USD 19 each.
- Aeroméxico expects approximately USD 178.8 million in primary proceeds before fees, alongside a simultaneous USD 25 million private placement to PAR Investment Partners.
- The deal included both primary and secondary tranches, with an international over‑allotment option of about 2.1 million ADSs for 30 days and no over‑allotment in Mexico.
- Delta did not sell and agreed to a four‑year lock‑up; initial trading was positive (shares up about 2–3% in Mexico and ADSs up roughly 5–7%), with settlement scheduled for November 7 subject to customary closing conditions.