High And Improving MarginsAeroméxico delivered record adjusted EBITDAR and strong operating margins in 2025, indicating durable structural improvements in unit economics and pricing power. Higher margins translate into sustained cash flow generation that supports reinvestment, debt reduction and resilience across cycles.
Strong Liquidity And DeleveragingMaterial liquidity (≈$1.2B, ~23% of L12M revenue), stronger operating cash flow and lower net leverage provide financial flexibility to fund fleet renewal, pay down debt and maintain operations through downturns, reducing refinancing risk and enabling disciplined capital allocation.
Premium Mix And Loyalty MomentumA premium-heavy revenue mix and rising loyalty participation strengthen yield resilience and customer retention, supporting sustainable unit revenue improvement. This structural commercial edge helps offset low-cost competition and underpins long-term margin stability and revenue diversification.