Corporación América Airports' Argentina deal changes approved
The announcement says AARG may not be required to invest above agreed amounts unless contractual adjustments maintain the concession’s economic and financial equilibrium.
Rhea-AI Filing Summary
Corporación América Airports (CAAP) announced that Argentina’s government issued an administrative decision approving changes to the concession agreement held by Aeropuertos Argentina S.A. (AARG), with the objective of allowing a capital investment program in Argentina’s airport system to address increased investment requirements following passenger traffic growth. AARG may not be required to undertake investments above the amounts agreed by the parties unless the necessary mechanisms and contractual adjustments are established to maintain the concession’s economic and financial equilibrium.
Corporación América Airports said it operated 52 airports in six countries and served 86.7 million passengers in 2025, compared with 79.0 million in 2024, a stated increase of 9.8%. The announcement also lists current Domestic Passenger Use Fees of ARS 5,685 for Category I airports, ARS 3,963 for Category II, and ARS 3,472 for Categories III and IV.
Key Figures
Key Terms
Administrative Decision regulatory
concession agreement regulatory
economic and financial equilibrium financial
Domestic Passenger Use Fee financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What changed in CAAP’s Argentina airport concession?
Can AARG be required to invest above agreed amounts?
AI-generated analysis. How Rhea-AI works. Not financial advice.
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 September, 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: September 28, 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 September 28, 2026 - Corporación América Airports S.A. Announces Issuance of Administrative Decision Approving the Rebalancing of the Concession Agreement in Argentina. |
Exhibit 99.1
Corporación América Airports Announces Issuance of Administrative Decision Approving the Rebalancing of the Concession Agreement in Argentina
Luxembourg, September 28, 2026 — Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”), one of the world’s leading private airport operators, announced today that, in order to address the increased capital investments requirements derived from the material recent passenger traffic growth, the Government of Argentina has issued Administrative Decision in accordance with the prerogatives granted by Law 27,742 and Decree 713/2024 approving various changes to the terms of the concession agreement (the “Contract”) granted to Aeropuertos Argentina S.A. (“AARG”), with the objective to allow the deployment of a capital investment program in Argentina’s airport system.
Key changes are the following:
| 1. | Capital investment program. Pursuant to the terms of the amendment, the total capital investments program, during the term of the concession, is expected to be approximately $7.3 billion (including VAT) and primarily funded by certain trusts (see 2 below), of which approximately $1.5 billion shall be deployed during the 2027–2031 period throughout the airports of the AARG concession. The total amount of direct capital investments not funded by the trusts is $600 million. |
Furthermore, AARG may not be required to undertake investments in excess of the amounts agreed by the parties unless the necessary mechanisms and contractual adjustments are established to maintain the economic and financial equilibrium of the concession.
| 2. | Concession fee. The concession fee payable by AARG under the Contract remains at 15% of gross revenues and shall be allocated among different trusts established to finance infrastructure projects within the National Airport System. |
| 3. | Term. The term of the Contract has been extended by 11 years to restore the economic and financial equilibrium of the concession, and by an additional 7 years as compensation for the $600 million in direct investments committed by AARG. Accordingly, the concession will expire in February 2056. |
| 4. | Internal Rate of Return (IRR). The parties have agreed on an economic and financial plan with a resulting IRR of 14.30%. |
| 5. | Tariffs. All passenger tariffs are to be denominated in U.S. dollars. |
| a. | The International Passenger Use Fee will remain unchanged. |
| b. | The Domestic Passenger Use Fee1 will increase to $9.00 by January 1, 2027. |
| c. | The Regional Passenger Use Fee ($25.16), which currently is applicable to regional flights of up to 300 km, will, by January 1, 2027, be applicable to flights of up to 1,000 km. |
| 6. | Triennial reviews. The projections shall be updated and reviewed every 3 years with a view to determine if further changes to the concession agreement are necessary to maintain the economic and financial equilibrium of the Contract. |
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
1 Domestic Passenger Use Fee is currently ARS 5,685 for airports Category I; ARS 3,963 for Category II; and ARS 3,472 for Categories III and IV.