Inactive Instrument

Grupo Aeroméxico, S.A.B. de C.V.

AEROMEX *

MX01AE010005

Grupo Aeromexico de CV : offers to buy shares in PLM for $180 million from Canada's AIMIA

July 26, 2018 at 09:35 am EDT

MEXICO CITY (Reuters) - Mexican aviation company Grupo Aeromexico announced on Thursday a non-binding offering to acquire shares in loyalty program operator PLM for $180 million from its Canadian partner AIMIA Inc.

The shares controlled by AIMIA represent about 49 percent of PLM, and Grupo Aeromexico owns the remaining 51 percent of the company, Aeromexico said in a statement. Aeromexico said the proposal will be valid through August 3.

PLM Premier operates Club Premier, a loyalty program with four million members.

(Reporting by Veronica Gomez Sparrowe; writing by Julia Love; Editing by Chizu Nomiyama)

Latest news about Grupo Aeroméxico, S.A.B. de C.V.

Grupo Aeroméxico, S.A.P.I. de C.V. Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 12	CI
Grupo Aeroméxico, S.A.B. De C.V. Reports Unaudited Traffic Results for the Month and Year to Date Ended March 2024	Apr. 04	CI
Grupo Aeroméxico, S.A.B. de C.V. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Mar. 06	CI
Grupo Aeroméxico, S.A.P.I. de C.V. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 06	CI
Grupo Aeroméxico, S.A.B. de C.V. Reports Unaudited Traffic Results for the Month and Year to Date Ended February 2024	Mar. 06	CI
Grupo Aeroméxico, S.A.B. de C.V. Reports Unaudited Traffic Results for the Month Ended January 2024	Feb. 08	CI
Grupo Aeroméxico, S.A.B. de C.V. Reports Unaudited Traffic Results for the Month and Year to Date Ended December 2023	Jan. 05	CI
Grupo Aeroméxico, S.A.B. De C.V. Reports Traffic Results for the Month and Year-To-Date Ended November 2023	Dec. 05	CI
Grupo Aeroméxico, S.A.B. de C.V. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 20	CI
Grupo Aeroméxico, S.A.B. de C.V. Reports Unaudited Traffic Results for the Month and Year to Date Ended October 2023	Nov. 09	CI
Aeromexico Adding Six Weekly Frequencies to Madrid and Three More to Paris from Mexico City	23-10-16	CI
Grupo Aeromexico, S.A.P.I. de C.V. Announces Partial Purchase and Cancellation of 8.500% Senior Secured Notes Due 2027	23-10-08	CI
Grupo Aeroméxico, S.A.B. De C.V. Reports Unaudited Traffic Results for the Month and Year to Date Ended September 2023	23-10-06	CI
Aeromexico-Delta Partnership to Increase Transborder Seat Offering by More Than 30%	23-10-02	CI
Grupo Aeromexico, S.A.B. de C.V. Increases Operations at AIFA by Up to 40% Growth At Felipe Angeles International Airport	23-09-06	CI
Grupo Aeroméxico, S.A.B. De C.V. Reports Unaudited Traffic Results for the Month and Year to Date Ended August 2023	23-09-06	CI
Aeromexico Will Fly to Tulum's New International Airport from the Inauguration Date	23-08-24	CI
Grupo Aeroméxico, S.A.B. de C.V. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-20	CI
Grupo Aeroméxico, S.A.B. de C.V. Reports Unaudited Traffic Results for the Month and Year to Date Ended July 2023	23-08-07	CI
Grupo Aeroméxico, S.A.B. de C.V. Reports Earnings Results for the Full Year Ended December 31, 2022	23-07-24	CI
Grupo Aeroméxico, S.A.B. de C.V. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-07-18	CI
Grupo AeromÃ©xico, S.A.B. De C.V. Reports Unaudited Traffic Results for the Month and Year to Date Ended June 2023	23-07-06	CI
Grupo Aeroméxico, S.A.B. de C.V. Reports Unaudited Traffic Results for the Month and Year to Date Ended February 2023	23-03-09	CI
Grupo Aeroméxico, S.A.B. de C.V. Reports Unaudited Traffic Results for the Month of January 2023	23-02-08	CI
Aeromexico to Operate the First Route Between the Aifa and the United States	23-01-31	CI

Chart Grupo Aeroméxico, S.A.B. de C.V.

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Company Profile

Grupo Aeromexico SAB de CV is a Mexican holding company primarily engaged in the provision of passenger and cargo air transport services. It offers destinations in Mexico, the United States, Europe, Central and South America, Asia and Canada. It operates a fleet of over 110 aircrafts. The Company is primarily engaged in the passenger transportation segment, comprising regional, domestic and international routes, and package holidays; as well as in cargo transportation segment, handled mainly by its subsidiary Aeromexico Cargo. By its subsidiaries the Company is also engaged in real estate sector and in providing services to the aviation companies, including personnel training, management, and aircraft maintenance and modification. Its subsidiaries include Aerovias de Mexico SA de CV, Premier Loyalty & Marketing SAPI de CV, and Inmobiliaria Avenida Fuerza Aerea Mexicana 416 SA de CV, among others. In addition, it is a member of the SkyTeam airline alliance.

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