Aeroméxico Sees Mixed February 2026 Traffic Results: International Growth Offsets Domestic Decline
Event summary
- Aeroméxico transported 1.74 million passengers in February 2026, a 1.2% year-over-year decrease, with international passengers up 2.7% and domestic down 3.0%.
- Total capacity (ASMs) fell 2.2% year-over-year, with domestic capacity down 3.6% and international down 1.6%.
- Load factor increased to 82.7%, up 2.8 percentage points, driven by a 3.7-point rise in international load factor.
- CEO Andrés Conesa attributed strong load factors to the airline's operational flexibility, noting limited impact from isolated events in Jalisco.
The big picture
Aeroméxico's February 2026 traffic results reflect a broader industry trend of international recovery outpacing domestic demand. The airline's ability to maintain high load factors suggests operational agility, but sustained domestic declines could pressure its overall capacity strategy. The performance highlights the importance of international routes in balancing regional volatility.
What we're watching
- International Growth
- Whether Aeroméxico can sustain its international passenger growth amid broader domestic declines.
- Capacity Management
- The pace at which Aeroméxico adjusts its domestic capacity to match demand trends.
- Operational Resilience
- How isolated regional disruptions, like those in Jalisco, may impact broader operational stability.
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