Overview
- Trading began November 6 on the BMV under ticker AERO and on the NYSE via ADS, with settlement expected November 7 subject to customary closing conditions.
- The mixed primary‑and‑secondary deal comprises 27.46 million shares in Mexico at MXN 35.34 and 11.73 million ADS in the U.S. at $19, with a 30‑day over‑allotment of up to about 2.1 million ADS; each ADS represents 10 ordinary shares.
- Aeroméxico expects to raise roughly $178.8 million before fees from the public offering, alongside a simultaneous private placement of approximately $25 million to PAR Investment Partners.
- The company plans to deploy proceeds for general corporate purposes, including fleet expansion, aircraft maintenance obligations and customer‑experience infrastructure.
- Regulatory headwinds persist as U.S. authorities revoked approvals for certain routes and ordered the Delta‑Aeroméxico alliance to end on January 1, 2026, a decision the carriers have appealed.