Corporacion America Airports SA (CAAP) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Corporación América Airports S.A. experienced a 4.2% decline in total passenger traffic in July 2024 compared to the previous year, with a smaller 1.8% drop when excluding the discontinued Natal operations. International traffic, however, saw a 7.6% increase, driven by stronger performances in Argentina, Italy, and Uruguay. The company also reported a decrease in cargo volume by 1.5% and a reduction in aircraft movements by 3.9% compared to July 2023.
For further insights into CAAP stock, check out TipRanks’ Stock Analysis page.
