Grupo Aeromexico, S.A.B. de C.V.

Grupo Aeromexico, S.A.B. de C.V. (AERO) priced its initial public offering on Nov 7, 2025 at $19.00 per ADS, within its $18.00–$20.00 range, raising $222.8M, and listed on NYSE. At the IPO price its market capitalization was about $2.77B. Barclays was lead-left underwriter, joined by Morgan Stanley, J.P. Morgan and Evercore ISI and others. White & Case advised the company and Davis Polk advised the underwriters.

Status

IPO

Ticker

AERO

Exchange

NYSE

Priced

Nov 7, 2025

IPO price

$19.00 per ADS

Price range

$18.00–$20.00

Raised

$222.8M

Market cap at IPO price

$2.77B

First filed

May 13, 2024

Underwriters

Barclays, Morgan Stanley, J.P. Morgan, Evercore ISI, Citigroup, Deutsche Bank, Goldman Sachs, BTG Pactual, Santander, Academy Securities and Siebert Williams Shank

Company counsel

White & Case

Underwriters' counsel

Davis Polk

Sector

Transportation

Country / state

Mexico

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.