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Corporación América Airports (NYSE: CAAP) posts 4.1% June traffic decline

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Form Type
6-K

Rhea-AI Filing Summary

Corporación América Airports reported that total passenger traffic reached 6,602 thousand in June 2026, a 4.1% year-on-year decline, while year-to-date volumes rose 3.2% to 42,364 thousand. Domestic passengers fell 12.5% to 2,970 thousand, but international traffic increased 2.8% to 2,913 thousand and transit passengers grew 9.6% to 719 thousand.

Performance varied by country: Argentina’s traffic fell 13.0%, driven by an 18.0% drop in domestic volumes linked to reduced capacity at Flybondi and Aerolíneas Argentinas, a lower international load factor, and a temporary dampening effect from the FIFA World Cup. Italy, Brazil and Uruguay grew 4.0%, 3.9% and 0.3%, respectively, while Armenia rose a robust 16.0% and Ecuador declined 4.1%. June cargo volume decreased 9.1% to 28,477 tons, and aircraft movements fell 5.7% to 67,332, though both metrics were broadly stable year-to-date.

Positive

  • None.

Negative

  • Domestic and Argentina traffic weakness: June 2026 domestic passengers declined 12.5% year-on-year to 2,970 thousand, with Argentina’s total passenger traffic down 13.0%, reflecting reduced airline capacity, lower load factors and macro-related travel softness.
June 2026 total passengers 6,602 thousand Down 4.1% versus June 2025
June 2026 domestic passengers 2,970 thousand Down 12.5% year-on-year
June 2026 international passengers 2,913 thousand Up 2.8% year-on-year
June 2026 transit passengers 719 thousand Up 9.6% year-on-year
YTD 2026 total passengers 42,364 thousand Up 3.2% versus YTD 2025
June 2026 cargo volume 28,477 tons Down 9.1% year-on-year
June 2026 aircraft movements 67,332 Down 5.7% year-on-year
passenger traffic financial
"Corporación América Airports S.A. Reports June 2026 Passenger Traffic"
load factor technical
"the load factor decreased by three percentage points"
Load factor is a measure of how efficiently a transportation service, such as a plane, train, or bus, fills its available seats or space over a period of time. It is calculated by dividing the actual number of passengers or usage by the total available capacity. A higher load factor indicates better utilization, which can lead to more profitable operations and is important for investors assessing the efficiency and profitability of transportation companies.
airport concessions financial
"Corporación América Airports acquires, develops and operates airport concessions"
transit passengers financial
"Transit Passengers (thousands) | 719 | 656 | 9.6%"
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.
aircraft movements technical
"Aircraft movements declined by 5.7% year over year"
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.

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

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FAQ

How did Corporación América Airports (CAAP) total passenger traffic perform in June 2026?

Total passenger traffic at CAAP was 6,602 thousand in June 2026, a 4.1% year-on-year decline. Year-to-date 2026, traffic reached 42,364 thousand, up 3.2% versus 41,054 thousand in the same period of 2025.

What drove the decline in Argentina traffic for CAAP in June 2026?

Argentina passenger traffic fell 13.0% year-on-year in June 2026, with domestic volumes down 18.0%. The decrease reflected reduced capacity at Flybondi and Aerolíneas Argentinas after fuel price increases, lower international load factors and a temporary FIFA World Cup effect.

How did international passenger traffic trend for CAAP in June 2026?

International traffic at CAAP grew 2.8% year-on-year in June 2026 to 2,913 thousand passengers. Year-to-date international volumes reached 17,763 thousand, up 9.6% from 16,200 thousand in the same period of 2025, supported by most geographies except Argentina.

Which CAAP markets showed the strongest passenger growth in June 2026?

Armenia led growth for CAAP with passenger traffic up 16.0% year-on-year in June 2026, despite regional disruptions. Italy and Brazil also expanded, with traffic increases of 4.0% and 3.9%, respectively, while Uruguay edged up 0.3%.

What happened to CAAP’s cargo volume and aircraft movements in June 2026?

CAAP’s cargo volume was 28,477 tons in June 2026, down 9.1% year-on-year, with declines in all countries. Aircraft movements decreased 5.7% to 67,332, though year-to-date movements were slightly higher at 422,390 versus 420,660 a year earlier.

How many passengers did Corporación América Airports serve in 2025?

Corporación América Airports served 86.7 million passengers in 2025, an increase of 9.8% compared with 79.0 million passengers in 2024. The company operates 52 airports across Argentina, Brazil, Uruguay, Ecuador, Armenia and Italy.

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

Exhibit 99.1

 

 

 

 

 

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

 

Total passenger traffic down 4.1% YoY

International passenger traffic up 2.8% YoY; down 4.3% YoY in Argentina

Net negative temporary effect from FIFA World Cup

 

 

Luxembourg, July 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 4.1% year-on-year (YoY) decrease in passenger traffic in June 2026.

 

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

Statistics Jun'26 Jun'25 % Var.   YTD’26 YTD’25 % Var.  
Domestic Passengers (thousands) 2,970 3,395 -12.5%   20,237 21,066 -3.9%  
International Passengers (thousands) 2,913 2,833 2.8%   17,763 16,200 9.6%  
Transit Passengers (thousands) 719 656 9.6%   4,365 3,788 15.2%  
Total Passengers (thousands) 6,602 6,885 -4.1%   42,364 41,054 3.2%  
Cargo Volume (thousand tons) 28 31 -9.1%   194 193 0.5%  
Total Aircraft Movements (thousands) 67 71 -5.7%   422 421 0.4%  

 

 

Monthly Passenger Traffic Performance

 

(In million PAX)

 

 

 

 

 Page 1 of 3

 

 

 

 

Passenger Traffic Overview

 

Total passenger traffic decreased by 4.1% in June compared to the same month in 2025. Domestic traffic declined by 12.5% year over year, primarily due to lower traffic in Argentina. International traffic increased by 2.8%, with all operating countries posting year-over-year growth except Argentina. Overall traffic performance was supported by double-digit year-over-year growth in Armenia and continued growth in Italy, Brazil, and Uruguay, offset by declines in Argentina and Ecuador.

 

In Argentina, total passenger traffic declined by 13.0% year over year in June, reflecting lower domestic and international traffic volumes. Domestic traffic decreased by 18.0% year over year, primarily driven by reduced capacity at Flybondi, which operated only three aircraft during the month—representing approximately 30% of its originally scheduled fleet—as well as lower capacity at Aerolíneas Argentinas following fuel price increases. Meanwhile, JetSMART recorded year-over-year passenger growth despite scheduled maintenance affecting part of its fleet. The top three domestic destinations were Bariloche, Córdoba, and Mendoza, all with load factors exceeding 80%. International traffic declined by 4.3% year over year. While seat capacity remained broadly stable compared to June 2025, the load factor decreased by three percentage points. Regional capacity declined across most markets, mainly reflecting capacity adjustments by Aerolíneas Argentinas and GOL. June traffic was also affected by the FIFA World Cup, which had a temporary dampening effect on leisure and business travel as passengers postponed or adjusted their travel plans. The top three international destinations during the month were Santiago de Chile, São Paulo, and Madrid.

 

In Italy, passenger traffic increased by 4.0% year over year, reflecting growth across both the international and domestic segments. International traffic, which represented more than 80% of total passenger volumes, grew by 4.7%, supported by strong demand at both airports, led by Pisa International Airport. Domestic traffic also expanded, rising by 1.7%, with positive contributions from both Pisa and Florence airports.

 

In Brazil, total passenger traffic increased by 3.9% year over year. Domestic traffic, which accounted for almost 55% of total traffic, declined slightly by 0.8% year over year, while transit passengers increased by a strong 10.5% 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, increased slightly by 0.3% 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 4.1% year over year, as ongoing security concerns continued to weigh on travel demand. International traffic increased by 3.4%, 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 10.8% year over year, as elevated airfares continued to constrain demand, compounded by reduced operations on the Guayaquil–Quito route.

 

In Armenia, passenger traffic increased by a robust 16.0% 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, decreased by 9.1% year over year, with declines in all countries of operation. By country, performance was as follows: Argentina (-4.9%), Armenia (-17.1%), Brazil (-27.0%), Italy (-7.8%), Ecuador (-6.0%), and Uruguay (-1.9%). Argentina, Brazil, and Uruguay accounted for nearly 80% of total cargo volumes in June.

 

Aircraft movements declined by 5.7% year over year, as positive contributions from Armenia and Italy, were more than offset by declines in Ecuador, Brazil, Argentina, and Uruguay. Performance by country was as follows: Armenia (+14.3%), Italy (+2.1%), Brazil (-1.4%), Uruguay (-7.1%), Argentina (-11.8%), and Ecuador (-1.6%). Argentina, Brazil, and Italy accounted for more than 80% of total aircraft movements in June.

 

 Page 2 of 3

 

 

 

 

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

  Jun'26 Jun'25 % Var.   YTD'26 YTD'25 % Var.
Passenger Traffic (thousands)              
Argentina 2,991 3,438 -13.0%   22,814 22,805 0.0%
Italy 1,058 1,017 4.0%   4,794 4,525 5.9%
Brazil 1,408 1,354 3.9%   8,389 7,768 8.0%
Uruguay 164 163 0.3%   1,210 1,177 2.8%
Ecuador 361 377 -4.1%   2,411 2,303 4.7%
Armenia 620 535 16.0%   2,748 2,477 10.9%
TOTAL 6,602 6,885 -4.1%   42,364 41,054 3.2%

 

 

Cargo Volume (tons)              
Argentina 16,285 17,132 -4.9%   105,242 101,235 4.0%
Italy 941 1,021 -7.8%   5,357 6,365 -15.8%
Brazil 3,297 4,518 -27.0%   29,000 30,676 -5.5%
Uruguay 2,877 2,933 -1.9%   16,647 17,584 -5.3%
Ecuador 2,804 2,982 -6.0%   16,777 18,421 -8.9%
Armenia 2,273 2,742 -17.1%   21,025 18,835 11.6%
TOTAL 28,477 31,328 -9.1%   194,048 193,116 0.5%

 

Aircraft Movements

Argentina 32,460 36,809 -11.8%   229,251 232,386 -1.3%
Italy 9,549 9,355 2.1%   42,907 41,072 4.5%
Brazil 12,348 12,520 -1.4%   74,737 71,945 3.9%
Uruguay 2,114 2,276 -7.1%   17,452 17,663 -1.2%
Ecuador 6,381 6,488 -1.6%   37,677 38,508 -2.2%
Armenia 4,480 3,918 14.3%   20,366 19,086 6.7%
TOTAL 67,332 71,366 -5.7%   422,390 420,660 0.4%

 

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

 

 

 

Filing Exhibits & Attachments

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