Corporación América Reports Mixed Traffic Results
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Corporación América Reports Mixed Traffic Results

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

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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.

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