Feb 27 • 14:04 UTC 🇲🇽 Mexico El Financiero (ES)

Aeroméxico 'spreads its wings': Analyzes its return to the Mexican Stock Exchange with a public offer

Aeroméxico is monitoring market conditions to evaluate a potential return to the Mexican Stock Exchange with a public offering of shares.

Aeroméxico is currently assessing the feasibility of returning to the Mexican Stock Exchange (BMV) with a public offering. Recently, the airline updated its intention to enter the stock market with a proposal expected to be published soon. The airline clarified that as part of its preparatory process for a potential public stock offering, it will closely monitor market conditions to determine the most favorable timing for such an initiative.

The airline's departure from the Mexican Stock Exchange occurred following a financial restructuring process under Chapter 11 of the U.S. Bankruptcy Code in 2022. This significant transition aimed to stabilize the airline's operations and finances, a move seen as vital for its recovery during and after the pandemic. Aeroméxico's management believes that their improved financial situation post-pandemic creates a solid foundation for a successful return to the stock market.

With plans not only to list again in Mexico but also to explore opportunities in the U.S. market, Aeroméxico is working on strengthening its market presence and financial health. The airline's actions are indicative of a broader trend among companies reconsidering their public listing strategies in the wake of COVID-19, as they aim to leverage favorable market conditions for growth and investment.

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