Aeroméxico stock steadies before NYSE open as oil jumps and futures dip
Grupo Aeroméxico’s U.S.-listed shares were indicated flat ahead of Monday’s open, last at $22.91 after a 3.29% jump on Friday. StockAnalysis
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Shares of Grupo Aeromexico moved up 1.1% to $19.05 in New York morning trading Tuesday, following a previous close at $18.84. The airline reported it’s resuming flights at Guadalajara, Puerto Vallarta, Tepic and Manzanillo, after operational disruptions at those airports. Normal schedules should be back by Tuesday at the latest, depending on local conditions. The carrier said the financial impact is expected to be minimal, since these stations make up only a small slice of its overall network. Mexico City International Airport remains its main hub.