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 April 2026 Passenger Traffic
Total passenger
traffic up 2.6% YoY in April
International passenger
traffic up 7.6% YoY in April; up 8.6% YoY in Argentina
Luxembourg,
May 20, 2026— Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”),
one of the world’s leading private airport operators, reported today a 2.6% year-on-year (YoY) increase in passenger traffic in
April 2026.
| Passenger Traffic, Cargo Volume and Aircraft Movements Highlights (2026 vs. 2025) |
| Statistics |
Apr'26 |
Apr'25 |
% Var. |
|
YTD’26 |
YTD’25 |
% Var. |
| Domestic Passengers (thousands) |
3,405 |
3,529 |
-3.5% |
|
14,057 |
14,169 |
-0.8% |
| International Passengers (thousands) |
2,952 |
2,745 |
7.6% |
|
11,859 |
10,579 |
12.1% |
| Transit Passengers (thousands) |
718 |
624 |
15.0% |
|
2,955 |
2,518 |
17.4% |
| Total Passengers (thousands) |
7,075 |
6,898 |
2.6% |
|
28,870 |
27,266 |
5.9% |
| Cargo Volume (thousand tons) – Excl. Argentina1 |
15.3 |
15.1 |
1.3% |
|
61.4 |
61.0 |
0.7% |
| Total Aircraft Movements (thousands) |
70.9 |
71.7 |
-1.1% |
|
284.5 |
278.0 |
2.3% |
| |
|
|
|
|
|
|
|
|
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
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Passenger Traffic Overview
Total passenger traffic increased by 2.6%
in April compared to the same month in 2025. Domestic traffic decreased by 3.5% year over year, primarily driven by a decline in Argentina.
International traffic, meanwhile, grew by 7.6%, with all operating countries contributing positively on a year-over-year basis except
Brazil and Uruguay. This included high single-digit growth in Argentina, Italy, and Armenia, as well as double-digit growth in Ecuador.
Traffic performance in Armenia during March and April was partially impacted by disruptions related to the conflict in Iran, which resulted
in flight cancellations and airspace restrictions across the region. However, the impact was more limited than initially expected.
In Argentina, total passenger traffic decreased
slightly by 0.4% year over year in April, as growth in international traffic was more than offset by a decline in domestic traffic volumes.
Domestic travel declined by 5.0% year over year, reflecting reduced capacity from Flybondi, partially offset by increased activity from
Aerolíneas Argentinas and JetSMART. The top three domestic destinations were Iguazú, Córdoba, and Bariloche. International
traffic remained robust, rising by 8.6% year over year, supported by double-digit growth in seat capacity, mainly driven by Central and
North America. In fact, Argentina is the South American country with the highest growth in seat capacity for the first half of 2026. Outbound
traffic was primarily supported by destinations within the region and the Caribbean, while the recovery in inbound traffic was mainly
driven by routes from Brazil and the U.S./Canada. The top three international destinations in April were Santiago de Chile, São
Paulo, and Rio de Janeiro.
In Italy, passenger traffic increased by
6.4% year over year, driven by high single-digit growth in the international segment, partially offset by a slight decline in domestic
traffic. International passenger traffic, which accounted for more than 80% of total traffic, rose by 8.0% year over year, reflecting
solid performance at both Florence Airport and Pisa International Airport. Domestic passenger traffic declined slightly by 0.9% year over
year, primarily due to lower volumes at Pisa airport, partially offset by modest growth at Florence airport.
In Brazil, total passenger traffic increased
by 5.1% year over year, reflecting improved traffic trends following a prolonged period of challenges in the aviation environment. Domestic
traffic, which accounted for more than 50% of total traffic, declined slightly by 0.9% year over year, while transit passengers increased
by a strong 18.1% year over year. 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, decreased by 1.1% year over year and was negatively impacted by the calendar shift of the Easter holidays. Among other
developments, Azul Linhas Aéreas Brasileiras recently 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% year over year. International traffic rose by a strong 15.6% year over year, mainly
supported by solid performance on routes to the U.S., driven by an increased number of frequencies operated by American Airlines, Avianca,
and LATAM Airlines. Domestic traffic increased by 1.2% year over year, although high airfares continued to weigh on travel demand.
In Armenia, passenger traffic increased
by 8.7% 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 was more limited than initially expected, with traffic from Western and Eastern Europe, Asia, and
Russia supporting overall growth. The new Wizz Air base at Zvartnots International Airport, launched in late 2025, continued to support
connectivity with Europe.
Cargo Volume and Aircraft Movements
Cargo volume, excluding Argentina, increased
by 1.3% year-over-year, driven by strong double-digit growth in Uruguay and mid-single-digit growth in Armenia, partially offset by declines
in Italy, Ecuador, and Brazil. By country, performance was as follows: Uruguay (+28.4%), Armenia (+4.1%), Brazil (-3.6%), Ecuador (-8.1%),
and Italy (-16.0%). In Argentina, cargo volume data remains under review to ensure consistency and accuracy.
Aircraft movements declined by 1.1% YoY,
as positive contributions from Italy, Brazil, Ecuador, and Armenia were more than offset by declines in Uruguay and Argentina. Performance
by country was as follows: Italy (+4.9%), Brazil (+4.3%), Ecuador (+1.8%), Armenia (+0.9%), Argentina (-3.5%), and Uruguay (-16.5%). Argentina,
Brazil, and Italy accounted for more than 80% of total aircraft movements in April.
Page 2 of 3
|
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Summary Passenger Traffic, Cargo Volume and Aircraft
Movements (2026 vs. 2025)
| |
Apr'26 |
Apr'25 |
% Var. |
|
YTD'26 |
YTD'25 |
% Var. |
| Passenger Traffic (thousands) |
|
|
|
|
|
|
|
| Argentina |
3,643 |
3,658 |
-0.4% |
|
16,479 |
15,826 |
4.1% |
| Italy |
956 |
899 |
6.4% |
|
2,702 |
2,528 |
6.8% |
| Brazil |
1,399 |
1,331 |
5.1% |
|
5,576 |
5,057 |
10.3% |
| Uruguay |
188 |
190 |
-1.1% |
|
865 |
844 |
2.5% |
| Ecuador |
434 |
402 |
8.0% |
|
1,649 |
1,536 |
7.4% |
| Armenia |
455 |
418 |
8.7% |
|
1,600 |
1,474 |
8.6% |
| TOTAL |
7,075 |
6,898 |
2.6% |
|
28,870 |
27,266 |
5.9% |
| |
| Cargo Volume (tons) |
|
|
|
|
|
|
|
| Argentina1 |
u.r. |
17,147 |
u.r. |
|
u.r. |
67,194 |
u.r. |
| Italy |
882 |
1,050 |
-16.0% |
|
3,460 |
4,274 |
-19.0% |
| Brazil |
5,134 |
5,328 |
-3.6% |
|
20,269 |
20,605 |
-1.6% |
| Uruguay |
2,999 |
2,335 |
28.4% |
|
10,990 |
11,224 |
-2.1% |
| Ecuador |
2,814 |
3,061 |
-8.1% |
|
11,158 |
12,018 |
-7.2% |
| Armenia |
3,459 |
3,324 |
4.1% |
|
15,519 |
12,877 |
20.5% |
| TOTAL Excl Argentina |
15,288 |
15,098 |
1.3% |
|
61,396 |
60,998 |
0.7% |
|
1 In Argentina, cargo
volume data remains under review to ensure consistency and accuracy
Aircraft Movements |
| Argentina |
37,541 |
38,891 |
-3.5% |
|
160,758 |
158,318 |
1.5% |
| Italy |
8,345 |
7,955 |
4.9% |
|
24,133 |
22,722 |
6.2% |
| Brazil |
12,762 |
12,240 |
4.3% |
|
49,505 |
46,823 |
5.7% |
| Uruguay |
2,503 |
2,996 |
-16.5% |
|
12,877 |
12,907 |
-0.2% |
| Ecuador |
6,501 |
6,387 |
1.8% |
|
25,188 |
25,630 |
-1.7% |
| Armenia |
3,263 |
3,233 |
0.9% |
|
12,001 |
11,568 |
3.7% |
| TOTAL |
70,915 |
71,702 |
-1.1% |
|
284,462 |
277,968 |
2.3% |
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
Page 3 of 3
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