(Reuters) -Grupo Aeroméxico SAB de CV recorded a 29% jump in revenue for 2023, the Mexican airline disclosed in its paperwork for an initial public offering in the United States on Monday, more than two years after it exited bankruptcy proceedings.

The company is among many that have flocked towards U.S. bourses in recent months as they seek to tap into the broader pool of capital and richer valuations that American markets offer.

The airline had filed for Chapter 11 bankruptcy protection in June 2020 with $2 billion in debt, hurt by the downturn in travel demand caused by the COVID pandemic. It emerged out of bankruptcy in March 2022.

The company said on Monday its existing shareholders will be selling American Depositary Shares (ADSs) in the IPO, but did not disclose the size or the price range of the offering.

Grupo Aeroméxico's revenue in 2023 came in at $4.92 billion, up from $3.81 billion a year earlier, as travel demand recovered from the pandemic-led downturn.

Operating income in the same period rose to $715.8 million compared to $510.8 million in 2022.

The airline's shareholders include private equity firm Apollo Management, Delta Air Lines and investment firm Silver Point Capital among others.

Grupo Aeroméxico offers long-haul, wide-body service connecting Mexico with the rest of the world. The airline operates a fleet of 144 aircraft as of March end.

The airline has flights to every major city in Mexico and over 43 international cities in 22 countries across multiple continents.

Grupo Aeroméxico plans to list on the New York Stock Exchange under the symbol "AERO".

Barclays Capital, Morgan Stanley, J.P. Morgan Securities and Evercore Group are the lead underwriters for the offering.