Aeroméxico Q3 Net Income Drops 58% on 57.6% Fuel Cost Surge

Aeroméxico reported a 58% year-over-year decline in Q3 net income despite 13% revenue growth, driven by a 57.6% jump in jet fuel costs. The airline's profitability is being squeezed by elevated energy prices, a trend affecting the broader aviation sector. The magnitude of the fuel cost increase suggests sustained pressure on margins unless fuel prices retreat or fares rise.