Grupo Aeroméxico (AERO US) is Mexico’s only full-service, long-haul international carrier, serving every major city in Mexico and 52 international destinations across four continents. The company plans to list on the NYSE under the ticker AERO, with pricing expected on 5 Nov 2025 (after market close) and trading on 6 Nov 2025. The US-registered IPO is approximately $275mm.

Aeroméxico is offering 14,473,684 ADS (each ADS = 10 ordinary shares), split 56% primary / 44% secondary, at $18–$20 per ADS. The deal implies an equity valuation of up to ~$2.9bn. Primary proceeds are expected to fund fleet expansion, customer experience infrastructure, and maintenance. Joint bookrunners are Barclays, Morgan Stanley, J.P. Morgan, and Evercore.