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CAAP (NYSE: CAAP) gains US$91.2M from Peru ICSID airport award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Corporación América Airports reports that Kuntur Wasi, in which it holds a 50% indirect equity stake, has received a final ICSID arbitration payment of US$91.2 million from the Republic of Peru. The award stems from Peru’s termination of the Chinchero International Airport concession, which the ICSID tribunal in May 2024 found to be arbitrary and unjustified. CAAP will recognize its share of the proceeds in its financial statements after taxes, costs and expenses, in line with accounting standards. The company highlights that the result confirms it complied with its contractual obligations and helps move this long-running dispute toward conclusion. CAAP also notes it operated 52 airports in six countries and served 86.7 million passengers in 2025, up from 79.0 million in 2024.

Positive

  • US$91.2 million ICSID payment received via Kuntur Wasi from the Republic of Peru, providing a significant non-operating cash inflow tied to a finalized arbitration award.

Negative

  • None.

Insights

CAAP secures cash from Peru arbitration, boosting non-operating income.

Corporación América Airports confirms that Kuntur Wasi, where it holds a 50% indirect stake, received an ICSID arbitration payment of US$91,205,056 from the Republic of Peru. The tribunal’s May 2024 ruling followed the termination of the Chinchero International Airport concession, which was deemed arbitrary and unjustified by the tribunal.

CAAP states that its share of the proceeds, net of taxes, costs and expenses, will be recognized in its financial statements according to applicable accounting standards. This means the impact will appear as non-operating income rather than core passenger or aeronautical revenue, but the cash inflow can still strengthen the balance sheet.

The CEO’s statement emphasizes that the outcome reflects compliance with contractual obligations and helps bring the dispute closer to resolution. Subsequent disclosures in company financial reports will show the exact after-tax contribution and how it interacts with CAAP’s broader scale, including 86.7 million passengers served in 2025.

 

 

 

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 January, 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: January 20, 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 January 20, 2026 - Corporación América Airports S.A. Announces Receipt of Payment of ICSID Arbitration Award by the Government of Peru.

 

 

 

 

 

Exhibit 99.1

 

 

 

 

Corporación América Airports Announces Receipt of Payment of ICSID

 

Arbitration Award by the Government of Peru

 

US$91.2 million Arbitration Award Payment Received

 

Luxembourg, January 20, 2026Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”), one of the world’s leading private airport operators, announced today that Sociedad Aeroportuaria Kuntur Wasi S.A. (“Kuntur Wasi”), in which CAAP holds an indirect 50% equity interest, has received payment of US$91,205,056 from the Republic of Peru, pursuant to the final award issued by the International Centre for Settlement of Investment Disputes (“ICSID”, also known as “CIADI” in Spanish).

 

The payment relates to the final award issued by the ICSID Arbitral Tribunal in May 2024 (ICSID Case No. ARB/18/27) in the arbitration proceeding Sociedad Aeroportuaria Kuntur Wasi S.A. and Corporación América S.A. v. Republic of Peru, arising from the termination by the Government of Peru of the concession agreement for the new Chinchero International Airport that, pursuant to the final decision of the ICSID Arbitral Tribunal, such termination was arbitrary, unjustified and without a well-founded reason of public interest. The receipt of the payment, after any associated taxes, costs, or expenses, will be reflected in the Company’s financial statements in accordance with applicable accounting standards, considering CAAP’s indirect 50% equity interest in Kuntur Wasi.

 

Mr. Martín Eurnekian, CEO of Corporación America Airports, noted: “The receipt of this payment reflects the outcome of a long-standing process conducted within the established international arbitration framework, as well as constructive engagement with the relevant parties, and represents an important step toward bringing this matter to a conclusion, making it clear that CAAP complied with all its contractual obligations.”

 

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

 

2

 

FAQ

What arbitration payment did Corporación América Airports (CAAP) receive from Peru?

Kuntur Wasi, in which CAAP holds a 50% indirect equity interest, received US$91,205,056 from the Republic of Peru. This payment follows a final award by the ICSID arbitral tribunal related to the Chinchero International Airport concession.

What did the ICSID tribunal decide in the CAAP and Kuntur Wasi case against Peru?

The ICSID tribunal’s final award in May 2024 found that the Government of Peru’s termination of the Chinchero International Airport concession was arbitrary, unjustified and without a well-founded reason of public interest.

How will CAAP account for the US$91.2 million arbitration award payment?

Corporación América Airports states that the payment, after associated taxes, costs and expenses, will be reflected in its financial statements in accordance with applicable accounting standards, taking into account its 50% indirect equity interest in Kuntur Wasi.

What does CAAP’s CEO say about the Peru arbitration outcome?

CEO Martín Eurnekian said the payment reflects the outcome of a long-standing process under the international arbitration framework and constructive engagement with the parties, and that it represents an important step toward concluding the matter while underscoring that CAAP complied with its contractual obligations.

How large is Corporación América Airports’ operations and passenger base?

CAAP operates 52 airports across six countries in Latin America and Europe. It served 86.7 million passengers in 2025, an increase from 79.0 million passengers in 2024.

On which exchange is Corporación América Airports listed and under what ticker?

Corporación América Airports is listed on the New York Stock Exchange, where its shares trade under the ticker symbol “CAAP”.

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