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Corporación América Airports S.A. (NYSE: CAAP) is described in its public communications as one of the leading private airport operators in the world, with a network of 52 airports across Argentina, Brazil, Uruguay, Ecuador, Armenia and Italy. The CAAP news feed on Stock Titan aggregates the company’s official press releases and other coverage so readers can follow how passenger traffic, cargo volumes and aircraft movements evolve across this multi-country airport portfolio.
News for CAAP frequently centers on monthly passenger traffic reports, where the company discloses year-on-year changes in domestic, international and transit passengers, as well as cargo volume and aircraft movements. These releases often break down performance by country, highlighting how trends in Argentina, Italy, Brazil, Uruguay, Ecuador and Armenia contribute to overall network growth or softness. They also discuss operational factors such as new airline routes, increased flight frequencies, seasonal travel patterns, infrastructure works and security conditions that influence traffic metrics.
Investors and analysts also see quarterly earnings announcements furnished on Form 6-K, which summarize revenue excluding construction service, aeronautical and non-aeronautical revenues, Adjusted EBITDA, Adjusted EBITDA Margin and Net Debt to LTM Adjusted EBITDA. These updates provide context on how traffic trends translate into financial performance under IFRS and the company’s defined non-IFRS measures.
In addition, CAAP’s news flow includes items on new concession and development opportunities, such as the award agreement signed by a consortium including Corporación América Airports to operate Baghdad International Airport. For anyone tracking airport infrastructure, regional air travel dynamics or CAAP’s concession strategy, this news page offers a centralized view of the company’s operational and financial disclosures over time.
Corporacion America Airports (CAAP) reported Q3 2024 results showing a 4.2% decline in consolidated revenues ex-IFRIC12 to $404.7 million. Passenger traffic decreased 3.9% to 21.3 million, while cargo volume increased 4.4% to 96.8 thousand tons. Operating Income fell to $100.9 million from $131.7 million in 3Q23, and Adjusted EBITDA ex-IFRIC12 decreased 15.9% to $145.4 million. The company maintained a strong financial position with $510.9 million in cash and cash equivalents, and Net Debt to LTM Adjusted EBITDA improved to 0.9x from 1.4x in December 2023.
Corporación América Airports reported a 4.0% year-over-year decrease in passenger traffic for October 2024, or -1.6% excluding Natal airport operations. International passenger traffic grew 3.8% YoY, while domestic traffic declined 11.1%. Notable highlights include a 7.0% increase in Argentina's international traffic, 6.1% growth in Italy's total traffic, and a 17.4% rise in cargo volume across all operations. Key developments include JetSMART's fleet expansion in Argentina, new seasonal routes by Aerolíneas Argentinas, and route resumptions by American Airlines and Delta.
Corporación América Airports (NYSE: CAAP) has scheduled its Third Quarter 2024 financial results announcement for Wednesday, November 20, 2024, after market closes. A conference call will follow on Thursday, November 21, 2024, at 10:00 am Eastern Time, featuring CEO Martín Eurnekian, CFO Jorge Arruda, and Head of IR Patricio Iñaki Esnaola. Participants can join via phone using toll-free numbers for North America (1-800-549-8228) or other locations (1-289-819-1520) with Conference ID 35738. A webcast option is also available.
Corporación América Airports S.A. (NYSE: CAAP) reported a 3.6% year-on-year decrease in passenger traffic for September 2024. Excluding Natal airport, the decrease was 1.2% YoY. Key highlights include:
- Domestic passengers decreased by 12.2% YoY
- International passengers increased by 5.4% YoY
- Transit passengers rose by 12.6% YoY
- Cargo volume increased by 9.7% YoY
- Total aircraft movements declined by 3.7% YoY
Performance varied across countries, with Uruguay showing strong growth (+15.7% YoY), Italy increasing (+5.9% YoY), while Argentina (-7.2% YoY), Brazil (-2.4% YoY), Ecuador (-5.1% YoY), and Armenia (-2.5% YoY) experienced declines. The report highlights ongoing challenges in some markets, including recession impacts in Argentina and aviation constraints in Brazil.
Corporación América Airports S.A. (NYSE: CAAP), a leading private airport operator, has announced a significant increase in domestic passenger fees for airports operated by its subsidiary, Aeropuertos Argentina 2000 (AA2000) in Argentina. The Argentine airport regulator, ORSNA, has approved Resolution No. 29/2024, which raises the fee from ARS2,540 to ARS5,685. This new tariff will be applied to tickets issued from the date of the resolution's publication and for travel occurring after a 30-day period from that date.
Corporación América Airports S.A. (NYSE: CAAP) reported a 3.8% year-on-year decrease in passenger traffic for August 2024. Excluding Natal airport, the decrease was 1.5% YoY. Key highlights include:
- Domestic passengers decreased by 12.6% YoY
- International passengers increased by 5.8% YoY
- Cargo volume increased by 5.1% YoY
- Aircraft movements decreased by 5.4% YoY
Performance varied across countries, with Italy showing growth (+6.6% YoY), while Argentina (-6.0% YoY) and Brazil (-8.1% YoY) faced challenges. Uruguay (+13.4% YoY) and Ecuador (-0.8% YoY) also saw notable changes. The report highlights the impact of economic conditions, airline changes, and the discontinuation of Natal airport operations on overall traffic figures.
Corporación América Airports S.A. (NYSE: CAAP) reported its Q2 2024 results:
- Consolidated Revenues ex-IFRIC12 up 0.2% YoY to $366.1 million, despite 7.8% decrease in passenger traffic
- Operating Income down to $92.9 million from $110.4 million in Q2 2023
- Adjusted EBITDA ex-IFRIC12 decreased 8.8% to $136.2 million
- Strong cash position with $439.4 million in Cash & Cash equivalents
- Net debt to LTM Adjusted EBITDA improved to 1.1x
Key factors:
- Geographic diversification mitigated soft performance in Argentina
- Revenue per passenger ex-IFRIC12 increased 9% YoY
- Strong performances in Italy and Uruguay
- Negotiating $400 million Capex plan with Armenian government
- Awaiting approval for new Florence airport master plan
Corporación América Airports S.A. (NYSE: CAAP) reported a 4.2% year-on-year decrease in passenger traffic for July 2024. Excluding Natal airport, the decline was 1.8% YoY. Key highlights include:
- Domestic passengers down 13.3% YoY
- International passengers up 7.6% YoY
- Total passengers: 7.34 million
- Cargo volume decreased 1.5% YoY
- Aircraft movements down 3.9% YoY
Performance varied across countries, with Argentina seeing a 5.5% decline, Italy growing 5.5%, Brazil down 9.6% (up 3.3% ex-Natal), Uruguay up 15.1%, Ecuador down 5.1%, and Armenia decreasing 2.2% YoY in passenger traffic.
Corporación América Airports S.A. (NYSE: CAAP), a leading private airport operator, has scheduled its Second Quarter 2024 financial results announcement for Wednesday, August 21, 2024, after market close. A conference call will follow on Thursday, August 22, 2024, at 9:00 am Eastern Time.
Key executives participating include CEO Martín Eurnekian, CFO Jorge Arruda, and Head of Investor Relations Patricio Iñaki Esnaola. Investors can join via phone or webcast, with dial-in numbers provided for North America (toll-free) and other locations. A recording will be available after the call.
Corporación América Airports S.A. (NYSE: CAAP) reported a 8.9% year-on-year decrease in passenger traffic for June 2024. Excluding Natal airport, the decline was 6.7%. Key highlights include:
- Domestic traffic down 20.3% YoY
- International traffic up 9.4% YoY
- Cargo volume increased by 4.3% YoY
- Aircraft movements decreased by 10.5% YoY
Notable country performances:
- Argentina: Total traffic down 14.1%, with domestic traffic declining 22.3%
- Italy: Traffic grew 15.2%, driven by international passengers
- Brazil: Traffic decreased 14.9% (4.4% excluding Natal)
- Uruguay: Strong 21.1% YoY increase in traffic
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