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Corporación América Airports (NYSE: CAAP) traffic shifts in July 2026

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(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Corporación América Airports S.A. reported that total passenger traffic reached 8.059 million in July 2026, a 1.4% year-on-year increase. Year-to-date passenger traffic rose 2.9% to 50.423 million. Growth was driven by higher international and transit traffic, while domestic volumes declined.

Domestic passengers decreased 7.8%, mainly from weaker traffic in Argentina, Brazil and Ecuador. International passengers grew 7.1% and transit passengers 26.7%, with all countries posting international growth and particularly strong gains in Armenia and Brazil. Cargo volume increased 2.4% and aircraft movements fell 4.2% in July.

By country, July passenger traffic rose in Armenia (+17.2%), Brazil (+8.1%), Italy (+4.9%) and Uruguay (+3.2%), and declined in Argentina (-4.1%) and Ecuador (-1.3%). In 2025, the company’s airports served 86.7 million passengers, up 9.8% from 2024.

Positive

  • Total passenger traffic increased 1.4% YoY in July 2026 and 2.9% year-to-date to 50.423 million, showing continued overall volume growth.
  • Armenia delivered strong passenger growth of 17.2% YoY in July and 12.2% year-to-date, highlighting robust demand at Zvartnots International Airport.

Negative

  • Domestic passenger traffic declined 7.8% YoY in July and 4.6% year-to-date, driven mainly by weaker domestic activity in Argentina, Brazil and Ecuador.
  • Total aircraft movements fell 4.2% YoY in July to 74,805, and Italy and Armenia cargo volumes each declined by over 17% YoY.
Total passengers July 2026 8,059 thousand Total passenger traffic in July 2026, up 1.4% YoY
YTD passengers 2026 50,423 thousand Year-to-date 2026 passenger traffic vs 49,004 thousand in 2025
Domestic passengers July 2026 3,679 thousand Domestic passengers in July 2026, down 7.8% YoY
International passengers July 2026 3,470 thousand International passengers in July 2026, up 7.1% YoY
Transit passengers July 2026 910 thousand Transit passengers in July 2026, up 26.7% YoY
Total cargo July 2026 31,721 tons Cargo volume in July 2026, up 2.4% YoY
Aircraft movements July 2026 74,805 Total aircraft movements in July 2026, down 4.2% YoY
Passengers handled 2025 86.7 million Total passengers in 2025, 9.8% above 2024
transit passengers financial
"Transit Passengers (thousands) | 910 | 718 | 26.7%"
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.
load factors financial
"all with load factors exceeding 80%"
Load factors measure how much of a company’s available capacity is actually being used, expressed as a percentage. Think of it like the share of seats filled on a bus or oven space in a bakery: higher load factor means more of the product or service is being sold relative to what could be offered. For investors, it signals operational efficiency and revenue potential—high load factors usually boost profit margins and lower per-unit costs, while low ones can warn of wasted capacity or weak demand.
aircraft movements financial
"Total Aircraft Movements (thousands) | 75 | 78 | -4.2%"
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.
airport concessions financial
"acquires, develops and operates airport concessions"
secondary hub technical
"Brasília International Airport continues to benefit from its position as a key secondary hub"

FAQ

How did CAAP's total passenger traffic perform in July 2026?

Total passenger traffic at CAAP airports reached 8.059 million in July 2026, a 1.4% year-on-year increase. Year-to-date traffic rose to 50.423 million, up 2.9% versus the same period in 2025.

What was the trend in domestic and international passengers for CAAP in July 2026?

Domestic passengers declined 7.8% YoY to 3.679 million, while international passengers grew 7.1% to 3.470 million. Transit passengers increased 26.7%, reflecting strong connecting traffic across CAAP's network.

How did CAAP's key countries perform in passenger traffic in July 2026?

Armenia grew 17.2%, Brazil 8.1%, Italy 4.9%, and Uruguay 3.2% YoY. Argentina declined 4.1% and Ecuador 1.3%, illustrating mixed performance by market.

What changes did CAAP report in cargo volume and aircraft movements for July 2026?

Cargo volume increased 2.4% YoY to 31,721 tons, with gains in Argentina and Brazil offsetting declines elsewhere. Aircraft movements decreased 4.2% to 74,805, reflecting fewer flights particularly in Argentina and Ecuador.

How many passengers did CAAP handle in 2025 compared with 2024?

In 2025, CAAP handled 86.7 million passengers, an increase of 9.8% from 79.0 million in 2024. This indicates solid multi-year growth across its 52 airports in six countries.

How is CAAP's Argentina market performing in July 2026?

Argentina's total passenger traffic declined 4.1% YoY in July to 4.019 million, with domestic traffic down 9.9% and international traffic up 4.5%, reflecting weaker domestic capacity but continued international demand.

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

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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 August, 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: August 17, 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 August 17, 2026 - Corporación América Airports S.A. Reports July 2026 Passenger Traffic.

 

 

 

Exhibit 99.1 

 

 

 

 

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

 

Total passenger traffic up 1.4% YoY

International passenger traffic up 7.1% YoY; up 4.5% YoY in Argentina

 

 

Luxembourg, August 17, 2026— Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”), one of the world’s leading private airport operators, reported today a 1.4% year-on-year (YoY) increase in passenger traffic in July 2026.

 

Passenger Traffic, Cargo Volume and Aircraft Movements Highlights (2026 vs. 2025)
Statistics Jul'26 Jul'25 % Var.   YTD’26 YTD’25 % Var.    
Domestic Passengers (thousands) 3,679 3,991 -7.8%   23,915 25,057 -4.6%    
International Passengers (thousands) 3,470 3,241 7.1%   21,233 19,440 9.2%    
Transit Passengers (thousands) 910 718 26.7%   5,275 4,507 17.1%    
Total Passengers (thousands) 8,059 7,950 1.4%   50,423 49,004 2.9%    
Cargo Volume (thousand tons) 32 31 2.4%   226 224 0.7%    
Total Aircraft Movements (thousands) 75 78 -4.2%   497 499 -0.3%    

 

Monthly Passenger Traffic Performance

 (In million PAX)

 

 

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Passenger Traffic Overview

 

Total passenger traffic increased by 1.4% in July compared to the same month in 2025. Domestic traffic declined by 7.8% year over year, primarily due to lower traffic in Argentina and, to a lesser extent, lower contributions from Brazil and Ecuador. International traffic increased by 7.1%, with all operating countries posting year-over-year growth. Overall traffic performance was supported by double-digit growth in Armenia and continued growth in Italy, Brazil, Uruguay and international traffic in Argentina, partially offset by declines in Ecuador and domestic traffic in Argentina.

 

In Argentina, total passenger traffic declined 4.1% year over year in July, improving from a 13.0% YoY decline in June, as lower domestic traffic more than offset growth in international traffic. Domestic traffic decreased 9.9% year over year, primarily driven by reduced capacity at Flybondi, which operated on only 17 days during the month with just two aircraft. Meanwhile, Aerolíneas Argentinas and JetSMART recorded their second-highest monthly seat capacity on record in July and continued to operate near historical highs. Aerolíneas Argentinas' performance reflects its strategy of placing greater focus on the domestic segment, while JetSMART has begun progressively expanding its fleet. The top three domestic destinations were Bariloche, Iguazú and Córdoba, all with load factors exceeding 80%. International traffic increased 4.5% year over year, mainly driven by increased capacity from the deployment of larger aircraft and higher load factors. While LATAM and JetSMART continued to increase their share of the international segment, Aerolíneas Argentinas reduced its capacity as part of its strategic decision to prioritize the domestic segment. The top three international destinations during the month were Santiago de Chile, São Paulo and Rio de Janeiro.

 

In Italy, passenger traffic increased 4.9% year over year, mainly driven by growth in the international segment. International traffic, which represented more than 80% of total passenger volumes, grew 6.2%, supported by strong demand at both airports, led by Pisa International Airport, while domestic traffic remained largely flat year over year.

 

In Brazil, total passenger traffic increased by 8.1% year over year. Domestic traffic, which accounted for over 50% of total traffic, declined by 2.9% year over year, while transit passengers increased by a strong 23.5% year over year. Among other developments, LATAM launched a new Brasília–Santiago de Chile route, operating three weekly frequencies during the winter season. Brasília International Airport continues to benefit from its position as a key secondary hub within the domestic network.

 

In Uruguay, total passenger traffic, predominantly international, increased by 3.2% year over year. Among other developments, Azul Linhas Aéreas Brasileiras recently launched a new Montevideo–Belo Horizonte route, operating two weekly frequencies.

 

In Ecuador, passenger traffic declined by 1.3% year over year, as ongoing security concerns continued to weigh on travel demand. International traffic increased by 4.4%, supported by strong demand on U.S. routes, the launch of new services by Avianca, JetBlue, and LATAM Airlines, and additional frequencies operated by American Airlines. Domestic traffic, however, declined by 7.7% year over year, as elevated airfares continued to constrain demand.

 

In Armenia, passenger traffic increased by a strong 17.2% year over year despite disruptions related to the conflict in Iran, which resulted in flight cancellations and airspace restrictions across the region. However, the impact proved to be more limited than initially expected, as strong demand from Western and Eastern Europe, Asia, and Russia continued to support overall traffic growth. In addition, the new Wizz Air base at Zvartnots International Airport, launched in late 2025, together with several new airlines and destinations, continued to support the airport's strong performance.

  

Cargo Volume and Aircraft Movements

 

Cargo volume, increased by 2.4% year over year, with declines in all countries of operation, except Brazil and Argentina. By country, performance was as follows: Argentina (+1.9%), Brazil (+25.8%), Italy (-17.2%), Uruguay (-4.0%), Ecuador (-2.5%), and Armenia (-19.3%). Argentina, Brazil, and Ecuador accounted for over 80% of total cargo volumes in July.

 

Aircraft movements declined by 4.2% year over year, as positive contributions from Armenia, Brazil, Uruguay and Italy, were more than offset by declines in Ecuador and Argentina. Performance by country was as follows: Armenia (+11.8%), Brazil (+3.8%), Uruguay (+1.4%), Italy (+1.3%), Argentina (-9.7%), and Ecuador (-5.6%). Argentina, Brazil, and Italy accounted for more than 80% of total aircraft movements in July.

 

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

  Jul'26 Jul'25 % Var.   YTD'26 YTD'25 % Var.
Passenger Traffic (thousands)              
Argentina 4,019 4,189 -4.1%   26,833 26,994 -0.6%
Italy 1,113 1,061 4.9%   5,907 5,586 5.7%
Brazil 1,588 1,469 8.1%   9,977 9,238 8.0%
Uruguay 186 180 3.2%   1,396 1,357 2.9%
Ecuador 418 423 -1.3%   2,829 2,726 3.8%
Armenia 735 627 17.2%   3,483 3,103 12.2%
TOTAL 8,059 7,950 1.4%   50,423 49,004 2.9%

 

Cargo Volume (tons)              
Argentina 15,911 15,614 1.9%   121,153 116,849 3.7%
Italy 1,026 1,239 -17.2%   6,383 7,603 -16.1%
Brazil 6,928 5,509 25.8%   35,928 36,185 -0.7%
Uruguay 2,629 2,738 -4.0%   19,276 20,322 -5.1%
Ecuador 2,770 2,840 -2.5%   19,547 21,261 -8.1%
Armenia 2,457 3,043 -19.3%   23,482 21,878 7.3%
TOTAL 31,721 30,983 2.4%   225,769 224,098 0.7%

  

Aircraft Movements
Argentina 37,609 41,672 -9.7%   266,860 274,058 -2.6%
Italy 9,997 9,867 1.3%   52,904 50,939 3.9%
Brazil 13,206 12,718 3.8%   87,943 84,663 3.9%
Uruguay 2,184 2,154 1.4%   19,636 19,817 -0.9%
Ecuador 6,751 7,153 -5.6%   44,428 45,661 -2.7%
Armenia 5,058 4,524 11.8%   25,424 23,610 7.7%
TOTAL 74,805 78,088 -4.2%   497,195 498,748 -0.3%

 

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

 

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Filing Exhibits & Attachments

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