MEXICO CITY, Oct. 19, 2022 /PRNewswire/ — Grupo Aeromexico S.A.B. de C.V. (“Aeromexico”) (BMV: AEROMEX), as we speak reported its unaudited consolidated outcomes for the third quarter 2022.
KEY FINANCIAL HIGHLIGHTS FOR THE THIRD QUARTER 2022
- On March 17, 2022. Grupo Aeromexico, knowledgeable that efficiently concluded its monetary restructuring course of and emerged from its Chapter 11 course of.
- Grupo Aeromexico’s capability, measured in obtainable seat kilometers (ASKs), elevated 31.4% 12 months over 12 months, primarily pushed by the sequential restoration in home and worldwide markets.
- Grupo Aeromexico’s third quarter 2022 income reached $21.4 billion pesos; a 61.7% enhance with respect to identical interval of 2021. During the quarter, income per ASK (RASK) elevated by 23.1% 12 months over 12 months.
- EBITDAR amounted to $4.9 billion pesos. A 12 months over 12 months enhance of $1.2 billion pesos.
- Third quarter 2022 EBIT amounted to $2,022 million pesos; an enchancment of $1.7 billion in comparison with the identical interval 2021.
- Cost per ASK (CASK) in {dollars}, excluding gas, was $0.045, a lower of 12.9% in comparison with the identical interval of 2021. This displays the Company’s structural value effectivity achievements.
- Aeromexico’s money place as of September 30th, 2022, amounted to $15.4 billion pesos, equal to roughly $759 million {dollars}. Excluding restricted money, Aeromexico’s money stability amounted to $14.7 billion pesos, equal to $725 million {dollars}.
- As of September 30th, 2022, Aeromexico’s working fleet comprised 141 plane, 19 extra plane in comparison with third quarter 2021.
This press launch incorporates sure forward-looking statements that mirror the present views and/or expectations of the Company and its administration with respect to its efficiency, business and future occasions. We use phrases comparable to “believe,” “anticipate,” “plan,” “expect,”, “intend,” “target,” “estimate,” “project,” “predict,” “forecast,” “guideline,” “should” and different related expressions to establish forward-looking statements, however they don’t seem to be the one manner we establish such statements. Such statements are topic to quite a few dangers, uncertainties and assumptions. We warning you that quite a few necessary components might trigger precise outcomes to vary materially from the plans, targets, expectations, estimates and intentions expressed on this launch. The Company is beneath no obligation and expressly disclaims any intention or obligation to replace or revise any forward-looking statements, whether or not on account of new info, future occasions or in any other case.
About Grupo Aeromexico
Grupo Aeromexico, S.A.B. de C.V. is a holding firm whose subsidiaries are engaged in industrial aviation in Mexico and the promotion of passenger loyalty applications. Aeroméxico, Mexico’s international airline, has its essential operations heart in Terminal 2 of the Mexico City International Airport. Its vacation spot community has attain in Mexico, the United States, Canada, Central America, South America, Asia and Europe. The Group’s present working fleet embody Boeing 787 and 737 plane, in addition to the most recent technology Embraer 190. Aeroméxico is a founding accomplice of SkyTeam, an alliance that celebrates 20 years and presents connectivity in additional than 170 international locations, by means of the 19 accomplice airways. Aeroméxico created and applied a Health and Hygiene Management System (SGSH) to guard its purchasers and collaborators in any respect levels of its operation.
www.aeromexico.com
www.skyteam.com
SOURCE Grupo Aeromexico S.A.B. de C.V.
