Breaking News

Corporacion America Airports reported a 109.0% y/y increase in passenger traffic in February 2022, reaching 65.0% of pre-pandemic levels of February 2019. When compared to February 2019, overall passenger traffic declined 35.0%, improving from the 37.0% decline posted in January. International and domestic passenger traffic improved sequentially reaching 51.9% and 74.0% of pre-pandemic levels of February 2019, respectively.

Corporacion America Airport reported a 78.6% increase in passenger traffic in January, and a 37% decline when compared to the same period of 2019. Reports January cargo volume up 22.8% vs. 2021. Reports toal aircraft movements up 25.1% vs. 2021.

Corporacion America Airports announced that its subsidiary Inframerica, which operates the Brasilia Airport in Brazil, will start the expansion works of the airport site, in 2022. This is the second phase of the project, which will be carried out through partnerships, and will comprise the construction of a shopping mall and both, entertainment and logistic centers. The projects begin to be delivered at the end of 2023, with the completion of the works scheduled for the first half of 2024. Inframerica estimates investments of around R$700M, with the generation of around 3,500 direct and indirect new jobs. The first development of the project, "Praca Pick Up," a mobility center that among other things includes several food options and a children's playground, opened in September 2020. "Brasilia Airport has become a successful model in Brazil, being recognized for its management and infrastructure excellence. Our goal has always been to help the city grow, be more attractive, and these projects will contribute to tourism and the local economy of this beautiful capital city. The Brasilia terminal has always had this special connection with the city, a local meeting point. The support given by the Ministry of Infrastructure, the National Civil Aviation Agency , and the Federal District Government, GDF, as well as that of our commercial partners who strongly believed in the project, were fundamental," said Jorge Arruda, CEO of Inframerica and CFO of CAAP.

Corporacion America Airport reported a 183.1% YoY increase in passenger traffic in November, and a 35.0% decline when compared to the same period of 2019. Total passenger traffic in November grew 1.8x compared to the same period of last year, driven by increases across all countries of operations, particularly in Argentina, reflecting easier comparisons due to tougher travel restrictions in the year ago period and the opening of borders since November 1. When compared to 2019, overall passenger traffic declined 35.0%, impacted by the COVID-19 pandemic, though consistently improving from the 75.7% decline recorded in April. International and domestic passenger traffic dropped 50.4% and 28.1%, respectively, from pre-pandemic levels of November 2019.