Brasília Airport deal reset as CAAP (NYSE: CAAP) enters fast-track tender
Rhea-AI Filing Summary
Corporación América Airports reports that its Brazilian subsidiary Inframerica has signed a Transition Amendment Agreement with aviation regulator ANAC to renegotiate the Brasília Airport concession. The amendment was approved by the Brazilian Federal Court in April 2026 after negotiations with several government bodies.
Due to changes in the concession’s economic equilibrium, a fast-track competitive public tender for 100% of Inframerica’s shares is expected by December 2026. CAAP plans to take part in this process, and if no bids are received, the amended concession will remain with Inframerica. In 2025, CAAP’s airport network handled 86.7 million passengers, up from 79.0 million in 2024.
Positive
- None.
Negative
- None.
Insights
Key Brasília concession terms are being reset via a court-backed tender.
The Transition Amendment Agreement between Inframerica and ANAC formally advances the renegotiation of the Brasília Airport concession. Court approval in April 2026 and involvement of multiple Brazilian authorities indicate a structured, government-led process rather than a purely bilateral renegotiation.
A required fast-track public tender for 100% of Inframerica’s shares, expected by December 2026, introduces competitive uncertainty around CAAP’s 51% stake. However, CAAP’s stated intention to participate and the mechanism that leaves the amended concession with Inframerica if no bids emerge provide some continuity.
The company highlights passenger traffic of 86.7 million in 2025, up from 79.0 million in 2024, underscoring network scale and growth. Actual financial impact will depend on final tender outcomes and the amended concession economics, details of which are not quantified in this excerpt.
Key Figures
Key Terms
Transition Amendment Agreement regulatory
Brazilian Civil Aviation Authority regulatory
fast-track competitive public tender process regulatory
economic equilibrium financial
airport concessions financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Corporación América Airports (CAAP) announce about the Brasília Airport concession?
What is the fast-track tender process mentioned by CAAP for Inframerica?
How much of Inframerica does Corporación América Airports currently own?
What happens to the Brasília Airport concession if there are no bids in the tender?
How many passengers did Corporación América Airports handle in 2025?
In how many countries does Corporación América Airports operate airports?
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 June, 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: June 26, 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 June 26, 2026 - Corporación América Airports S.A. Announces Developments in the Brasilia Airport Concession Agreement. |
Exhibit 99.1
Corporación América Airports Announces Developments in the Brasilia Airport Concession Agreement
Signed Transition Amendment Agreement (TAA)
Luxembourg, June 26, 2026 — Corporación América Airports S.A. (NYSE: CAAP) (“CAAP” or the “Company”), one of the world’s leading private airport operators, announced today that its subsidiary, Inframerica Concessionária do Aeroporto de Brasília S.A. (“Inframerica”), has entered into an amendment agreement so-called Transition Amendment Agreement (“TAA”) with the Brazilian Civil Aviation Authority (“ANAC”) in connection with the renegotiation process of the Brasília Airport concession agreement in Brazil. CAAP holds a 51% equity interest in Inframerica, while Infraero, a Brazilian state-owned company, holds the remaining 49%.
The TAA, which was approved by the Brazilian Federal Court in April 2026, was executed following negotiations involving ANAC, the Ministry of Ports and Airports, and the Federal Court of Accounts.
Among other changes, the overall agreement with the Brazilian government provides for:
| (i) | the replacement of the fixed concession fee with a variable concession fee, |
| (ii) | the exit of Infraero from Inframerica’s shareholding structure, |
| (iii) | the inclusion of 10 regional airports in the concession; and |
| (iv) | additional investments at Brasília Airport. |
Given the material changes to the economic equilibrium of the Brasília Airport concession agreement, the Brazilian Federal Court required that a fast-track competitive public tender process shall be carried out in connection with 100% of the shares of Inframerica, which is expected to occur by December 2026. CAAP intends to participate in the tender process. If there are no bids, the amended concession would be automatically granted to Inframerica.
This milestone will improve the economic equilibrium of the concession as well as the quality of service of the airport.
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