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 January 2026 Passenger Traffic
Total passenger
traffic up 8.8% YoY in January
International passenger
traffic up 14.8% YoY in January; up 21.8% YoY in Argentina
Luxembourg,
February 24, 2026— Corporación América Airports S.A. (NYSE: CAAP), (“CAAP”
or the “Company”), one of the world’s leading private airport operators, reported today an 8.8% year-on-year (YoY)
increase in passenger traffic in January 2026.
Passenger
Traffic, Cargo Volume and Aircraft Movements Highlights (2026 vs. 2025)
| Statistics | |
Jan'26 | | |
Jan'25 | | |
%
Var. | |
| Domestic Passengers
(thousands) | |
| 3,667 | | |
| 3,573 | | |
| 2.6 | % |
| International Passengers (thousands) | |
| 3,120 | | |
| 2,717 | | |
| 14.8 | % |
| Transit Passengers (thousands) | |
| 821 | | |
| 705 | | |
| 16.6 | % |
| Total Passengers (thousands) | |
| 7,609 | | |
| 6,995 | | |
| 8.8 | % |
| Cargo Volume (thousand
tons) | |
| 30.1 | | |
| 32.1 | | |
| -6.2 | % |
| Total Aircraft Movements
(thousands) | |
| 73.7 | | |
| 70.6 | | |
| 4.3 | % |
Monthly Passenger
Traffic Performance
(In million
PAX)
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Passenger
Traffic Overview
Total
passenger traffic increased by 8.8% in January compared to the same month in 2025. Domestic
passenger traffic rose by 2.6% YoY, largely driven by Brazil and, to a lesser extent, Ecuador. Meanwhile, international traffic grew
by 14.8%, with all operating countries contributing positively on a YoY basis, including double-digit growth in Argentina as well as
strong contributions from Armenia, Italy, and Brazil. Notably, Argentina accounted for over 50% of the total YoY traffic growth
in January.
In Argentina,
total passenger traffic increased 7.9% YoY in January, reaching an all-time monthly record. The result was driven by solid performance
in both the international and domestic segments, with more moderate growth in domestic traffic due to a strong comparison base in January 2025.
Domestic traffic remained largely flat year-over-year, with Bariloche, Córdoba, Iguazú and Mendoza ranking among the
top summer destinations. International traffic also remained strong, rising 21.8% year-over-year, supported by temporary summer routes
such as Ezeiza–Florianópolis operated by LATAM and Mendoza–Rio de Janeiro operated by GOL. Aerolíneas Argentinas
launched additional seasonal routes, including Tucumán–Florianópolis, Salta–Florianópolis, Buenos Aires
(AEP)–Cabo Frio, and Córdoba–Aruba, among others, while Copa and JetSMART also increased frequencies on their Córdoba–Panama
and Buenos Aires–Asunción routes, respectively.
In Italy,
passenger traffic increased 4.0% YoY, driven by growth in international traffic, partially offset by a decline in domestic traffic. International
passenger traffic, which accounted for nearly 80% of total traffic, rose 7.2% YoY, reflecting solid performance at both Florence and
Pisa airports. Domestic passenger traffic declined 6.0% YoY, primarily due to lower volumes at Florence and Pisa, as adverse weather
conditions during the month led to flight cancellations and diversions.
In Brazil,
total passenger traffic increased by a strong 15.6% YoY, reflecting improved traffic trends despite ongoing challenges in the aviation
environment. Domestic traffic, which accounted for almost 60% of total traffic, rose 13.3% YoY, while transit passengers increased 18.7%
YoY. International traffic, although representing a small share of total traffic (5%), grew 13.9% YoY.
In Uruguay,
total passenger traffic, predominantly international, increased 1.0% YoY, supported by additional flight frequencies to accommodate strong
summer-season demand. Among other developments, GOL launched a new Montevideo–Fortaleza route and resumed its São Paulo–Punta
del Este and Buenos Aires–Punta del Este services for the summer season. Aerolíneas Argentinas also increased frequencies
on its Buenos Aires–Punta del Este route and introduced a new Córdoba–Punta del Este service.
In Ecuador,
where security concerns persist, passenger traffic increased by 4.9% YoY. International traffic increased by 4.6% YoY, while domestic
traffic increased by 6.8% YoY. High airfares continued to weigh on travel demand.
In Armenia,
passenger traffic increased by 10.1% YoY. This result was supported by the introduction of new airlines and routes, as well as
increased flight frequencies. In October, Wizz Air launched a new base at Yerevan’s Zvartnots Airport, deploying two aircraft and
adding ten new direct routes to Europe.
Cargo Volume
and Aircraft Movements
Cargo
volume decreased by 6.2% YoY, with negative YoY contributions from all countries of operations,
except for Armenia. Performance by country was as follows: Armenia (+11.9%), Ecuador (-4.7%), Brazil (-5.0%), Argentina (-7.1%), Uruguay
(-17.4%), and Italy (-23.1%). Argentina, Brazil, and Armenia accounted for 80% of total cargo volume in January.
Aircraft
movements increased by 4.3% YoY, with positive contributions from all countries of operation,
except for Ecuador: Brazil (+8.8%), Uruguay (+5.8%), Argentina (+5.1%), Italy (+5.0%), Armenia (+3.3%), and Ecuador (-7.8%). Argentina,
Brazil, and Ecuador accounted for more than 80% of total aircraft movements in January.
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Summary Passenger Traffic, Cargo
Volume and Aircraft Movements (2026 vs. 2025)
| | |
Jan'26 | | |
Jan'25 | | |
%
Var. | |
| Passenger Traffic (thousands) | |
| | |
| | |
| |
| Argentina | |
| 4,553 | | |
| 4,218 | | |
| 7.9 | % |
| Italy | |
| 504 | | |
| 485 | | |
| 4.0 | % |
| Brazil | |
| 1,483 | | |
| 1,283 | | |
| 15.6 | % |
| Uruguay | |
| 245 | | |
| 243 | | |
| 1.0 | % |
| Ecuador | |
| 392 | | |
| 373 | | |
| 4.9 | % |
| Armenia | |
| 432 | | |
| 393 | | |
| 10.1 | % |
| TOTAL | |
| 7,609 | | |
| 6,995 | | |
| 8.8 | % |
| | |
| | |
| | |
| |
| Cargo Volume (tons) | |
| | |
| | |
| |
| Argentina | |
| 16,406 | | |
| 17,658 | | |
| -7.1 | % |
| Italy | |
| 825 | | |
| 1,073 | | |
| -23.1 | % |
| Brazil | |
| 4,212 | | |
| 4,434 | | |
| -5.0 | % |
| Uruguay | |
| 2,438 | | |
| 2,950 | | |
| -17.4 | % |
| Ecuador | |
| 2,678 | | |
| 2,811 | | |
| -4.7 | % |
| Armenia | |
| 3,500 | | |
| 3,128 | | |
| 11.9 | % |
| TOTAL | |
| 30,058 | | |
| 32,054 | | |
| -6.2 | % |
| | |
| | | |
| | | |
| | |
| Aircraft Movements | |
| | | |
| | | |
| | |
| Argentina | |
| 43,193 | | |
| 41,116 | | |
| 5.1 | % |
| Italy | |
| 4,750 | | |
| 4,524 | | |
| 5.0 | % |
| Brazil | |
| 12,043 | | |
| 11,072 | | |
| 8.8 | % |
| Uruguay | |
| 4,127 | | |
| 3,899 | | |
| 5.8 | % |
| Ecuador | |
| 6,316 | | |
| 6,853 | | |
| -7.8 | % |
| Armenia | |
| 3,252 | | |
| 3,148 | | |
| 3.3 | % |
| TOTAL | |
| 73,681 | | |
| 70,612 | | |
| 4.3 | % |
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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