Corporación América Airports Sees Mixed Traffic Results
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Corporación América Airports Sees Mixed Traffic Results

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

Corporación América Airports S.A. reported a 9.5% decrease in overall passenger traffic for May 2024 compared to the previous year, with a notable 20.8% drop in domestic passengers. However, international traffic saw an increase of 8.3%, driven by strong performances in Argentina, Italy, and Uruguay. Cargo volumes remained steady while aircraft movements fell by 10.8% across the company’s global operations.

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

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