tiprankstipranks
CAAP Reports Mixed June 2024 Traffic Results
Company Announcements

CAAP Reports Mixed June 2024 Traffic Results

Corporacion America Airports SA (CAAP) has released an update.

Don't Miss our Black Friday Offers:

Corporación América Airports S.A. reported a 8.9% drop in passenger traffic in June 2024 compared to the previous year, with a slight improvement to a 6.7% decline when excluding the discontinued Natal operations. While domestic passenger numbers fell significantly by 20.3%, international traffic saw a rise of 9.4%, suggesting a shifting trend in travel patterns. Cargo volume saw a modest increase of 4.3%, despite an overall 10.5% decrease in aircraft movements across the company’s operating countries.

For further insights into CAAP stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskCorporación América Airports: Revenue Decline and Strategic Growth
TipRanks Auto-Generated NewsdeskCorporación América Airports Sees Mixed Financial Results
TipRanks Auto-Generated NewsdeskCorporación América Airports Reports Mixed Traffic Results
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App