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Corporacion America Airports SA ( (CAAP) ) has issued an announcement.
In January 2025, Corporación América Airports S.A. reported a 5.3% year-on-year increase in passenger traffic, with an adjusted rise of 9.5% when excluding the discontinued operations at Natal Airport. The growth was driven by a significant recovery in Argentina, where international traffic surged 22% year-over-year, contributing to an overall 12.8% increase in passenger numbers. While passenger traffic in Brazil declined due to the end of operations at Natal, other regions like Uruguay and Ecuador showed improvements, bolstered by new routes and airlines. Cargo volume also increased by 12.2% year-over-year, reflecting strong performances in Argentina, Uruguay, and Armenia.
More about Corporacion America Airports SA
Corporación América Airports S.A. is a prominent private airport operator that acquires, develops, and operates airport concessions. The company currently manages 52 airports across six countries in Latin America and Europe, including Argentina, Brazil, Uruguay, Ecuador, Armenia, and Italy. Listed on the New York Stock Exchange under the ticker ‘CAAP’, the company served 79.0 million passengers in 2024.
YTD Price Performance: -2.34%
Average Trading Volume: 155,644
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.03B
See more data about CAAP stock on TipRanks’ Stock Analysis page.
