Mexican airline operator Grupo Aeromexico SAB de CV (BMV: AEROMEX) said that its 3Q13 net income reached MXN 495m for a 17% increase year-on-year.
Net margin for the quarter was 4.7%.
3Q13 adjusted EBITDAR reached MXN 2.17bn, with a 20.8% margin. The company reported operating income of MXN 834m pesos with an 8.0% margin.
Grupo Aeromexico´s revenues reached MXN 10.4bn pesos in 3Q13, a 0.4% increase, year-on-year. Load factor was 80.3%, an increase from the 77.1% load factor reported in 2013.
In 2012, Aeromexico announced that it signed a letter of intent to purchase 100 Boeing (NYSE: BA) aircraft, 90 Boeing 737 MAX and 10 Boeing 787-9 Dreamliner, making it the largest investment program in Mexican aviation history.
Grupo Aeromexico operates its main hub out of Terminal 2 in the Mexico City International Airport. The Group´s airlines operate more than 600 daily flights to different cities in Mexico, the United States, Canada, Central and South America, as well as Europe and Asia.
Find out more at www.aeromexico.com.