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Passenger traffic rises 5.5% at Corporación América Airports (NYSE: CAAP)

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Rhea-AI Filing Summary

Corporación América Airports reported higher activity in March 2026, with total passenger traffic rising 5.5% year-on-year to 7.441 million. Year-to-date, passengers reached 21.795 million, up 7.0% from the same period in 2025.

International traffic grew 12.2% in March, helped by strong demand in Argentina, Italy, Ecuador and other markets, while domestic traffic fell 2.4% as Argentina softened. Cargo volume excluding Argentina increased 3.5%, and total aircraft movements rose 3.3%, showing broadly stronger operational trends across key airports.

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March 2026 total passengers 7,441 thousand passengers Up 5.5% vs. March 2025
YTD 2026 total passengers 21,795 thousand passengers Up 7.0% vs. YTD 2025
March 2026 international passengers 3,000 thousand passengers Up 12.2% year-on-year
Argentina international traffic 15.6% YoY increase International passenger growth in March 2026
Cargo volume excl. Argentina 17,350 tons Up 3.5% vs. March 2025
Total aircraft movements 73,856 movements Up 3.3% vs. March 2025
2025 passengers 86.7 million passengers Up 9.8% vs. 2024
passenger traffic financial
"Corporación América Airports S.A. Reports March 2026 Passenger Traffic"
cargo volume financial
"Cargo Volume, excluding Argentina, increased by 3.5% year-over-year"
aircraft movements financial
"Aircraft movements increased by 3.3% YoY, with positive contributions"
Aircraft movements are the count of individual airplane takeoffs and landings at an airport or airfield, and may also include practice touch-and-goes or overflights depending on how the airport reports them. For investors this is a simple activity measure—like counting cars through a toll booth—that signals demand for passenger and cargo travel, airport revenue opportunities (fees, retail, parking, fuel) and broader local economic activity, so rising or falling movements can affect valuations and forecasts.
transit passengers financial
"Transit Passengers (thousands) 755 601 25.6% YoY"
Transit passengers are people who pass through a transportation hub—such as an airport, train station, or bus terminal—while switching from one vehicle or route to another or briefly using the facility during a trip. For investors, the number and behavior of transit passengers is a key sign of demand and revenue potential—similar to counting shoppers who stop in a mall, higher transit footfall can boost ticket sales, retail and service income, and signal pressure on capacity or opportunity for expansion.
low-cost carriers financial
"supported by low-cost carriers such as JetSMART, Flybondi, Copa, Arajet, and LEVEL"
An airline business model that sells lower base fares by cutting frills—simpler routes, tighter schedules, smaller fleets, and charging extra for add-ons like checked bags or seat selection. Investors watch low-cost carriers because their lower operating costs and extra-fee income can deliver faster growth and higher margins in good times, but they are also more exposed to fuel prices, travel demand swings and price competition, affecting profitability and stock volatility.
year-on-year (YoY) financial
"reported today a 5.5% year-on-year (YoY) increase in passenger traffic"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

How did Corporación América Airports (CAAP) passenger traffic perform in March 2026?
Passenger traffic at Corporación América Airports increased 5.5% year-on-year in March 2026 to 7.441 million passengers. Growth was driven mainly by stronger international and transit traffic, partially offset by softer domestic volumes, especially in Argentina.

What was CAAP’s year-to-date 2026 passenger traffic compared with 2025?
Year-to-date 2026, CAAP handled 21.795 million passengers versus 20.368 million in 2025, a 7.0% increase. This reflects broad growth across Argentina, Brazil, Italy, Uruguay, Ecuador and Armenia, with all countries showing higher cumulative volumes.

How did international and domestic passenger traffic trend for CAAP in March 2026?
In March 2026, international passenger traffic grew 12.2% year-on-year to 3.0 million, while domestic traffic declined 2.4% to 3.686 million. Strong international demand, particularly in Argentina and Italy, offset weaker domestic trends in Argentina.

Which CAAP markets showed the strongest March 2026 passenger growth?
In March 2026, CAAP saw notable passenger growth in Brazil (+12.2%), Italy (+9.3%), Ecuador (+8.0%), Uruguay (+7.6%) and Argentina (+2.7%). Armenia also grew 4.4%, despite some disruption from regional airspace restrictions.

How did CAAP’s cargo volume and aircraft movements change in March 2026?
Cargo volume excluding Argentina increased 3.5% year-on-year in March 2026 to 17,350 tons. Total aircraft movements rose 3.3% to 73,856, with Italy and Brazil posting double-digit growth in flights, while Ecuador recorded a slight decline.

What longer-term passenger volumes did CAAP report for 2025?
For full-year 2025, Corporación América Airports served 86.7 million passengers, 9.8% above the 79.0 million passengers in 2024. This confirms a continuing recovery and expansion trend across its 52 airports in Latin America and Europe.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20546

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of April, 2026

 

Commission File Number: 333-221916

 

 

 

Corporación América Airports S.A.

(Name of Registrant)

 

128, Boulevard de la Pétrusse
L-2330 Luxembourg
Tel: +35226258274
(Address of Principal Executive Office)

 

 

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F   x         Form 40-F   ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ¨

 

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ¨

 

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

 

 

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: April 21, 2026

 

  Corporación America Airports S.A.
   
  By: /s/ Andres Zenarruza
  Name: Andres Zenarruza
  Title: Head of Legal & Compliance
   
  By: /s/ Jorge Arruda
  Name: Jorge Arruda
  Title: Chief Financial Officer

 

 

 

 

Exhibit Index

 

Exhibit No.   Description
99.1   Press release dated April 21, 2026 - Corporación América Airports S.A. Reports March 2026 Passenger Traffic.

 

 

 

 

Exhibit 99.1

 

 

 

 

Corporación América Airports S.A. Reports March 2026 Passenger Traffic

 

Total passenger traffic up 5.5% YoY in March

International passenger traffic up 12.2% YoY in March; up 15.6% YoY in Argentina

 

Luxembourg, April 21, 2026— Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”), one of the world’s leading private airport operators, reported today a 5.5% year-on-year (YoY) increase in passenger traffic in March 2026.

 

Passenger Traffic, Cargo Volume and Aircraft Movements Highlights (2026 vs. 2025)

 

Statistics  Mar'26  Mar'25  % Var.   YTD’26  YTD’25  % Var. 
Domestic Passengers (thousands)   3,686   3,775   -2.4%   10,652   10,639   0.1%
International Passengers (thousands)   3,000   2,675   12.2%   8,907   7,835   13.7%
Transit Passengers (thousands)   755   601   25.6%   2,237   1,894   18.1%
Total Passengers (thousands)   7,441   7,051   5.5%   21,795   20,368   7.0%
Cargo Volume (thousand tons) – Excl. Argentina1   17.4   16.8   3.5%   46.1   45.9   0.5%
Total Aircraft Movements (thousands)   73.9   71.5   3.3%   213.5   206.3   3.5%

1 In Argentina, cargo volume data remains under review to ensure consistency and accuracy.

 

Monthly Passenger Traffic Performance

(In million PAX)

 

 

Page 1 of 3

 

 

 

 

 


Passenger Traffic Overview

 

Total passenger traffic increased by 5.5% in March compared to the same month in 2025. Domestic traffic decreased by 2.4% YoY, mainly driven by a decline in Argentina, partially offset by YoY improvements in Brazil and Ecuador. International traffic, meanwhile, grew by 12.2%, with all operating countries contributing positively on a YoY basis except Brazil, including double-digit growth in Argentina, Italy, and Ecuador. March performance in Armenia was partially impacted by disruptions related to the conflict in Iran, which led to flight cancellations and airspace restrictions across the region.

 

In Argentina, total passenger traffic increased by 2.7% year-over-year in March, driven by strong international demand, which more than offset a decline in domestic traffic amid a tough comparison base following a strong 2025. Domestic traffic declined by 4.3% year-over-year, reflecting reduced capacity from Aerolíneas Argentinas and Flybondi, partially offset by increased activity from JetSMART. The top three domestic destinations were Bariloche, Iguazú, and Córdoba. International traffic remained robust, rising by 15.6% year-over-year, supported by low-cost carriers such as JetSMART, Flybondi, Copa, Arajet, and LEVEL. The top three international destinations in March were Rio de Janeiro, Santiago, and São Paulo.

 

In Italy, passenger traffic increased by 9.3% YoY, driven by double-digit growth in the international segment, partially offset by a decline in domestic traffic. International passenger traffic, which accounted for nearly 80% of total traffic, rose by 12.4% YoY, reflecting solid performance at both Florence and Pisa airports. Domestic passenger traffic declined slightly by 0.3% YoY, primarily due to lower volumes at Florence airport, partially offset by increases at Pisa airport.

 

In Brazil, total passenger traffic increased by 12.2% year-over-year, reflecting improved traffic trends following a sustained period of challenges in the aviation environment. Domestic traffic, which accounted for nearly 60% of total traffic, rose by 2.5% year-over-year, while transit passengers increased by a strong 29.9% year-over-year. Growth was also supported by a post-Carnival rebound in corporate demand, with Brasília benefiting from its position as a key secondary hub within the domestic network.

 

In Uruguay, total passenger traffic, predominantly international, increased by 7.6% year-over-year, following a strong summer season, including higher frequencies and the addition of temporary routes. Among other developments, Azul launched a new Montevideo–Belo Horizonte route, operating two weekly frequencies.

 

In Ecuador, where security concerns persist, passenger traffic performed well, increasing by 8.0% YoY. International traffic increased by 13.7% YoY, supported by strong performance on routes to Europe. Domestic traffic rose by 3.3% YoY, although high airfares continued to weigh on travel demand.

 

In Armenia, passenger traffic increased by 4.4% year-over-year, driven by the addition of new airlines and routes, as well as increased frequencies. Notably, in October 2025, Wizz Air established a new base at Yerevan’s Zvartnots Airport, deploying two aircraft and launching ten new direct routes to Europe. March performance was partially impacted by disruptions related to the conflict in Iran, which led to flight cancellations and airspace restrictions across the region.

 

Cargo Volume and Aircraft Movements

 

Cargo volume, excluding Argentina, increased by 3.5% year-over-year, driven by strong double-digit growth in Armenia and Brazil, which was partially offset by declines in Italy, Uruguay, and Ecuador. By country, performance was as follows: Armenia (+24.5%), Brazil (+18.6%), Uruguay (-16.8%), Ecuador (-14.6%), and Italy (-20.0%). In Argentina, cargo volume data remains under review to ensure consistency and accuracy.

 

Aircraft movements increased by 3.3% YoY, with positive contributions from all countries of operation except Ecuador, which recorded a slight decline. Performance by country was as follows: Italy (+11.8%), Brazil (+10.3%), Armenia (+1.3%), Argentina (+1.0%), Uruguay (+1.0%), and Ecuador (-0.3%). Argentina, Brazil, and Italy accounted for more than 80% of total aircraft movements in March.

 

Page 2 of 3

 

 

 

 

 

Summary Passenger Traffic, Cargo Volume and Aircraft Movements (2026 vs. 2025)

 

   Mar'26  Mar'25  % Var.   YTD'26  YTD'25  % Var. 
Passenger Traffic (thousands)                    
Argentina   4,263   4,152   2.7%   12,835   12,168   5.5%
Italy   699   640   9.3%   1,746   1,630   7.1%
Brazil   1,427   1,272   12.2%   4,177   3,726   12.1%
Uruguay   218   203   7.6%   677   654   3.5%
Ecuador   450   417   8.0%   1,215   1,134   7.2%
Armenia   385   368   4.4%   1,145   1,055   8.5%
TOTAL   7,441   7,051   5.5%   21,795   20,368   7.0%

 

Cargo Volume (tons)                    
Argentina1   u.r.   17,558   u.r.    u.r.   50,047   u.r. 
Italy   909   1,136   -20.0%   2,578   3,224   -20.0%
Brazil   6,557   5,530   18.6%   15,135   15,277   -0.9%
Uruguay   2,685   3,226   -16.8%   7,991   8,889   -10.1%
Ecuador   2,937   3,439   -14.6%   8,344   8,957   -6.8%
Armenia   4,262   3,425   24.5%   12,060   9,554   26.2%
TOTAL Excl Argentina   17,350   16,756   3.5%   46,109   45,900   0.5%

 1 In Argentina, cargo volume data remains under review to ensure consistency and accuracy

 

 Aircraft Movements
Argentina     41,785     41,370     1.0 %     123,217     119,427     3.2 %
Italy     6,331     5,662     11.8 %     15,788     14,767     6.9 %
Brazil     13,369     12,117     10.3 %     36,743     34,583     6.2 %
Uruguay     3,092     3,060     1.0 %     10,374     9,911     4.7 %
Ecuador     6,416     6,434     -0.3 %     18,687     19,243     -2.9 %
Armenia     2,863     2,826     1.3 %     8,738     8,335     4.8 %
TOTAL     73,856     71,469     3.3 %     213,547     206,266     3.5 %

 

About Corporación América Airports

 

Corporación América Airports acquires, develops and operates airport concessions. Currently, the Company operates 52 airports in 6 countries across Latin America and Europe (Argentina, Brazil, Uruguay, Ecuador, Armenia and Italy). In 2025, Corporación América Airports served 86.7 million passengers, 9.8% above the 79.0 million passengers served in 2024. The Company is listed on the New York Stock Exchange where it trades under the ticker “CAAP”. For more information, visit http://investors.corporacionamericaairports.com.

 

Investor Relations Contact

 

Patricio Iñaki Esnaola

Email: patricio.esnaola@caairports.com

Phone: +5411 4899-6716

 

Page 3 of 3

 

 

Source: View Original Filing on SEC EDGAR

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