Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
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.
Exhibit 99.1
Corporación América
Airports S.A. Reports September 2026 Passenger Traffic
Total passenger
traffic up 3.4% YoY, up 1.7% YoY in Argentina
International passenger
traffic up 7.2% YoY; up 2.9% YoY in Argentina
Luxembourg,
October 16, 2026— Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”),
one of the world’s leading private airport operators, reported today a 3.4% year-on-year (YoY) increase in passenger traffic in
September 2026.
| Passenger Traffic, Cargo Volume and Aircraft Movements Highlights (2026 vs. 2025) |
|
| Statistics |
Sep'26 |
Sep'25 |
% Var. |
|
YTD’26 |
YTD’25 |
% Var. |
|
| Domestic Passengers (thousands) |
3,704 |
3,743 |
-1.0% |
|
31,289 |
32,763 |
-4.5% |
|
| International Passengers (thousands) |
3,185 |
2,971 |
7.2% |
|
27,796 |
25,643 |
8.4% |
|
| Transit Passengers (thousands) |
789 |
710 |
11.1% |
|
6,888 |
5,963 |
15.5% |
|
| Total Passengers (thousands) |
7,678 |
7,424 |
3.4% |
|
65,973 |
64,369 |
2.5% |
|
| Cargo Volume (thousand tons) |
33 |
33 |
0.8% |
|
288 |
287 |
0.5% |
|
| Total Aircraft Movements (thousands) |
74 |
74 |
0.0% |
|
647 |
651 |
-0.7% |
|
Monthly Passenger Traffic
Performance
(In million PAX)

Page 1 of 3
Passenger Traffic Overview
Total passenger traffic increased by 3.4%
in September compared to the same month in 2025. Overall performance was supported by year-over-year growth across all countries except
Brazil, including double-digit growth in Armenia. Domestic traffic declined slightly by 1.0% year over year, as lower traffic in Brazil
was partially offset by positive contributions from Italy, Argentina, and Ecuador. International traffic increased by 7.2%, with all operating
countries posting year-over-year growth except Brazil, where international traffic accounts for less than 5% of total traffic.
In Argentina, total passenger traffic increased
1.7% year over year, reaching a record high for the month of September despite reduced capacity in the domestic segment. Domestic traffic
increased 0.6% year over year, reversing the declining trend observed over the previous seven months. Aerolíneas Argentinas and
JetSMART absorbed the capacity reduction following Flybondi’s complete suspension of operations in September. The top three domestic
destinations were Bariloche, Iguazú, and Córdoba, all with load factors ranging from 85% to 93%. International traffic increased
2.9% year over year, mainly supported by improved load factors. Long-haul traffic grew by nearly 10%, driven by increased capacity to
Europe and Miami. This growth was partly supported by LATAM’s Buenos Aires–Miami route, which was not operating in September
2025. In addition, Air France recorded its highest-ever monthly passenger traffic, operating nine weekly frequencies for the first time,
while LEVEL increased its frequency to eight weekly flights, compared with seven in September 2025. The top three international destinations
during the month were Santiago de Chile, São Paulo, and Madrid.
In Italy, passenger traffic increased 8.0%
year over year, driven by growth in both the international and domestic segments. International traffic, which accounted for more than
80% of total passenger traffic, rose 7.8%, supported by strong demand at both airports, with Pisa International Airport posting double-digit
growth. Meanwhile, domestic traffic increased 8.7% year over year, reflecting solid performance at both Florence and Pisa airports.
In Brazil, total passenger traffic decreased
by 1.7% year over year. Domestic traffic, which accounted for over 50% of total traffic, declined by 8.6% year over year, while transit
passengers increased by a strong 9.2% year over year. Among other developments, LATAM launched a new route connecting Brasília
and São José do Rio Preto, initially operating three weekly frequencies and increasing to daily service as of October 25,
2026. 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 4.3% year over year. Regarding new developments, Azul announced the resumption of scheduled flights between Porto
Alegre and Montevideo in December, with two weekly frequencies. Meanwhile, Arajet announced a new nonstop route between Montevideo and
Punta Cana, scheduled to launch in March 2027 with three weekly frequencies, further expanding Uruguay’s international connectivity.
In Ecuador, passenger traffic increased
6.4% year over year, although ongoing security concerns continued to weigh on travel demand. International traffic rose 11.1%, 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. Meanwhile, domestic traffic increased 1.0% year over year, despite elevated airfares continuing to constrain demand.
In Armenia, passenger traffic increased
by a strong 18.7% 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, Wizz Air recently announced the launch of three
new routes from Yerevan to Basel, Valencia, and Varna, starting in December 2026. With these additions, Wizz Air will offer service to
22 destinations from Yerevan, further strengthening the airport’s connectivity and supporting its growth outlook.
Cargo Volume and Aircraft Movements
Cargo volume, increased by 0.8% year over
year, as positive contributions from Argentina and Brazil more than offset declines across the other countries of operation. By country,
performance was as follows: Brazil (+14.8%), Argentina (+3.2%), Italy (-10.6%), Uruguay (-5.6%), Ecuador (-0.5%), and Armenia (-20.4%).
Argentina, Brazil, and Armenia accounted for more than 80% of total cargo volume in September.
Aircraft movements remained flat year over
year, as increases in Armenia, Ecuador, Uruguay, and Italy were offset by declines in Brazil and Argentina. Performance by country was
as follows: Armenia (+16.0%), Ecuador (+15.4%), Uruguay (+0.3%), Italy (+4.6%), Argentina (-3.5%), and Brazil (-3.9%). Argentina, Brazil,
and Italy accounted for more than 80% of total aircraft movements in September.
Page 2 of 3
Summary Passenger Traffic, Cargo Volume and Aircraft
Movements (2026 vs. 2025)
| |
Sep'26 |
Sep'25 |
% Var. |
|
YTD'26 |
YTD'25 |
% Var. |
| Passenger Traffic (thousands) |
|
|
|
|
|
|
|
| Argentina |
3,938 |
3,872 |
1.7% |
|
34,624 |
34,935 |
-0.9% |
| Italy |
1,072 |
993 |
8.0% |
|
8,079 |
7,647 |
5.7% |
| Brazil |
1,441 |
1,466 |
-1.7% |
|
12,931 |
12,210 |
5.9% |
| Uruguay |
191 |
184 |
4.3% |
|
1,763 |
1,708 |
3.2% |
| Ecuador |
380 |
357 |
6.4% |
|
3,662 |
3,534 |
3.6% |
| Armenia |
656 |
553 |
18.7% |
|
4,914 |
4,336 |
13.3% |
| TOTAL |
7,678 |
7,424 |
3.4% |
|
65,973 |
64,369 |
2.5% |
| |
| Cargo Volume (tons) |
|
|
|
|
|
|
|
| Argentina |
17,758 |
17,213 |
3.2% |
|
155,907 |
149,512 |
4.3% |
| Italy |
937 |
1,048 |
-10.6% |
|
8,016 |
9,399 |
-14.7% |
| Brazil |
6,068 |
5,285 |
14.8% |
|
45,995 |
46,463 |
-1.0% |
| Uruguay |
2,578 |
2,731 |
-5.6% |
|
24,240 |
25,590 |
-5.3% |
| Ecuador |
2,552 |
2,566 |
-0.5% |
|
24,864 |
26,601 |
-6.5% |
| Armenia |
3,034 |
3,813 |
-20.4% |
|
29,033 |
29,083 |
-0.2% |
| TOTAL |
32,928 |
32,656 |
0.8% |
|
288,055 |
286,647 |
0.5% |
|
Aircraft Movements |
| Argentina |
38,554 |
39,955 |
-3.5% |
|
343,354 |
355,266 |
-3.4% |
| Italy |
9,313 |
8,907 |
4.6% |
|
71,672 |
68,971 |
3.9% |
| Brazil |
12,794 |
13,317 |
-3.9% |
|
114,183 |
111,722 |
2.2% |
| Uruguay |
2,295 |
2,289 |
0.3% |
|
24,249 |
24,287 |
-0.2% |
| Ecuador |
6,565 |
5,689 |
15.4% |
|
57,953 |
58,361 |
-0.7% |
| Armenia |
4,634 |
3,995 |
16.0% |
|
35,272 |
32,365 |
9.0% |
| TOTAL |
74,155 |
74,152 |
0.0% |
|
646,683 |
650,972 |
-0.7% |
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