Corporacion America Airports

Corporacion America Airports SA engages in the acquisition, development, and management of airport concessionaires. It operates through the following geographical segments: Argentina, Italy, Brazil, Uruguay, Ecuador, and Armenia. The firm conducts its operations in international airport, such as Ezeiza Airport, Brasilia Airport, Aeroparque Airport, Bariloche, Iguazu, Galapagos Ecological Airport, and Florence Airport. The company was founded in 1998 and is headquartered in Luxembourg.

Earnings data Q1 2021

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Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Corporacion America Airports (CAAP) posts strong Q4 results and unveils strategic growth plans

Corporacion America Airports (CAAP) delivered a robust performance in Q4 2022, marked by revenue growth, passenger traffic recovery, and operational achievements. While facing industry challenges and uncertainties, the company remains focused on optimizing its cost structure and pursuing strategic opportunities for expansion and growth. CAAP's resilience, service excellence, and strategic vision position it well for future success in the aviation sector.

Corporacion America Airports achieves record EBITDA, eyes growth opportunities

Corporacion America Airports (CAAP) delivered a strong performance in Q1 2023, marked by record EBITDA and revenue growth, supported by efficient cost management.
The company showcased strengths in revenue generation, operational improvements, and financial stability, while acknowledging challenges in managing growth and market uncertainties.
With a focus on growth opportunities, financing strategies, and operational enhancements, CAAP aims to navigate challenges and drive sustainable expansion in the aviation sector.

Corporacion America Airports reports record earnings, eyes expansion opportunities

Corporacion America Airports (CAAP) showcased robust financial performance with record adjusted EBITDA and revenue growth driven by passenger and cargo operations.
Despite challenges in some markets and cost increases, CAAP's strong liquidity position, low leverage ratio, and focus on ESG practices position it well for future growth.
Opportunities lie in expanding into new markets, enhancing ESG efforts, and leveraging recovery trends to drive further growth and operational improvements.
CAAP's strategic focus on financial performance, operational efficiency, and sustainable growth sets a positive trajectory for the company's future endeavors.

Corporacion America Airports (CAAP) reports stellar Q3 performance and eyes strategic growth opportunities

Corporacion America Airports (CAAP) delivered a strong quarter with robust revenue growth and improved financial metrics, driven by a recovery in passenger and cargo traffic.
Despite challenges such as rising costs and uncertainties in certain markets, CAAP's diversified geographic presence and strategic focus offer opportunities for sustained growth.
Maintaining a strong liquidity position, reducing net debt, and focusing on operational efficiency position CAAP well to navigate challenges and capitalize on emerging opportunities.

Corporacion America Airports (CAAP) excels in 2023 performance and expansion

Corporacion America Airports (CAAP) reported a robust performance in Q4 and full-year 2023, driven by growth in passenger traffic and revenue.
The company's focus on airport expansions, commercial strategy enhancements, and financial discipline positions it well for future opportunities.
While facing challenges such as policy uncertainties and economic fluctuations, CAAP remains optimistic about growth prospects and strategic initiatives.

Corporacion America Airports (CAAP) posts strong Q1 results and secures key strategic wins

Corporacion America Airports (CAAP) reported a robust Q1 performance with revenue and EBITDA growth, driven by strong passenger and cargo volumes. While facing challenges in certain regions, the company's strategic achievements and solid financial position offer opportunities for future growth and expansion.

Corporacion America Airports reports resilient Q2 performance amidst challenges

Corporacion America Airports navigated challenges in Argentina and Brazil with resilience, reporting stable revenues and strong performance in select regions.
Despite a decline in total passenger traffic, the company maintained financial discipline, achieving a record low net leverage ratio and securing $549 million in total liquidity.
Operational strengths in Italy and Uruguay offset challenges in Argentina, while strategic initiatives like the $400 million CapEx plan and new master plan for Florence Airport signal growth opportunities.
Investors should monitor how the company leverages its financial stability to capitalize on opportunities and address challenges in the evolving aviation industry landscape.

Corporacion America Airports reports stable revenue amidst EBITDA decline

Corporacion America Airports (CAAP) navigated challenges in Q3 with stable revenue but faced an EBITDA decline due to increased costs and external factors.
Despite headwinds, CAAP's diversified traffic trends and strategic focus on financial flexibility position it well for future growth opportunities.
The company remains committed to creating shareholder value through prudent financial management, ongoing projects, and capitalizing on positive traffic dynamics.

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LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”) the largest private sector airport operator in the world by number of airports, reported today a 147.8% YoY increase in passenger traffic in June 2022, reaching 77.5% of pre-pandemic levels of June 2019. Passenger Traffic, Cargo Volume and Aircraft Movements Highlights (2022 vs. 2021) Statistics Jun'22 Jun'21 % Var.   YTD'22 YTD'21 % Var. Domestic Passengers (thousands) 2,876 1,148 150.5%   17

Corporación América Airports S.A. Reports June 2022 Passenger Traffic

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”) the largest private sector airport operator in the world by number of airports, reported today a 188.3% YoY increase in passenger traffic in May 2022, reaching 75.5% of pre-pandemic levels of May 2019. Passenger Traffic, Cargo Volume and Aircraft Movements Highlights (2022 vs. 2021) Statistics May'22 May'21 % Var.   YTD'22 YTD'21(1)(2)(3) % Var. Domestic Passengers (thousands) 2,966 1,017 191.

Corporación América Airports S.A. Reports May 2022 Passenger Traffic

DUBLIN & LONDON & NEW YORK & SÃO PAULO--(BUSINESS WIRE)--A partnership of global leaders in aviation and airports announces its intention to explore the infrastructure requirements to bring eVTOL passenger flight to Brazil within this decade. The partnership includes: Avolon, the world's second largest aircraft leasing company; Corporación América Airports [NYSE: CAAP], the largest global private sector airport operator by number of airports; GOL, Brazil's largest airline; Grupo Comporte, a lea

Partnership of Global Aviation and Airport Leaders to Accelerate Introduction of eVTOL Operations in Brazil

Corporación América Airports S.A. (NYSE:CAAP ) Q1 2022 Earnings Conference Call May 18, 2022 10:00 AM ET Company Participants Patricio Inaki Esnaola - Head, IR Martin Eurnekian - CEO Jorge Arruda - CFO Conference Call Participants Operator Good morning and welcome to the Corporación América Airports First Quarter 2022 Earnings Conference Call.

Corporación América Airports S.A. (CAAP) CEO Martin Eurnekian on Q1 2022 Results - Earnings Call Transcript

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”) the largest private sector airport operator based on the number of airports under management reported today its unaudited, consolidated results for the three months ended March 31, 2022. Financial results are expressed in millions of U.S. dollars and are prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (“IA

Corporacion America Airports Reports First Quarter 2022 Results

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”) the largest private sector airport operator in the world by number of airports, reported today a 202.1% YoY increase in passenger traffic in April 2022, reaching 73.5% of pre-pandemic levels of April 2019. Passenger Traffic, Cargo Volume and Aircraft Movements Highlights (2022 vs. 2021)   Statistics Apr'22 Apr'21 % Var.   YTD'22 YTD'21(1)(2)(3) % Var.   Domestic Passengers (thousands) 2,953 1,

Corporación América Airports S.A. Reports April 2022 Passenger Traffic

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), the largest private sector airport operator based on the number of airports under management, today announced that it will report its First Quarter 2022 results on Tuesday, May 17, after market closes. Earnings Release Tuesday, May 17, 2022 Time: After Market Closes Conference Call Wedenesday, May 18, 2022 Time: 10:00 am Eastern Time Executives Mr. Martín Eurnekian, Chief Executive Officer Mr. Jorge Arruda, Chief Finan

Corporación América Airports Announces First Quarter 2022 Financial Results Call and Webcast

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”) the largest private sector airport operator in the world by number of airports, reported today a 138.9% YoY increase in passenger traffic in March 2022, reaching 68.6% of pre-pandemic levels of March 2019. Passenger Traffic, Cargo Volume and Aircraft Movements Highlights (2022 vs. 2021) Statistics Mar'22   Mar'21 % Var. YTD'22 YTD'21(1)(2)(3)   % Var. Domestic Passengers (thousands)   2,965

Corporación América Airports S.A. Reports March 2022 Passenger Traffic

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”), the largest private sector airport operator in the world by number of airports, hereby announces that on April 6, 2022, the Company filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 (the “2021 Annual Report”) with the Securities and Exchange Commission (the “SEC”). The 2021 Annual Report can be accessed by visiting either the SEC's website at www.sec.gov or the

Corporación América Airports Announces the Filing of its Annual Report on Form 20-F for Fiscal Year 2021

Corporacion America Airports SA (CAAP) CEO Martin Eurnekian on Q4 2021 Results - Earnings Call Transcript

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”) the largest private sector airport operator based on the number of airports under management reported today its unaudited, consolidated results for the three months ended December 31, 2021, and audited results for the full year 2021. Financial results are expressed in millions of U.S. dollars and are prepared in accordance with International Financial Reporting Standards (IFRS) as issued by th

Corporacion America Airports Reports Fourth Quarter and Full Year 2021 Results

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), the largest private sector airport operator based on the number of airports under management, today announced that it will report its Fourth Quarter 2021 results on Wednesday, March 23, after market closes. Earnings Release Wednesday, March 23, 2022 Time: After Market Closes Conference Call Thursday, March 24, 2022 Time: 10:00 am Eastern Time Executives Mr. Martín Eurnekian, Chief Executive Officer Mr. Jorge Arruda, Ch

Corporación América Airports Announces Fourth Quarter 2021 Financial Results Call and Webcast

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”) the largest private sector airport operator in the world by number of airports, reported today a 109.0% YoY increase in passenger traffic in February 2022, reaching 65.0% of pre-pandemic levels of February 2019. Passenger Traffic, Cargo Volume and Aircraft Movements Highlights (2022 vs. 2021) Statistics Feb'22 Feb'21 % Var.   YTD'22 YTD'21(1)(2)(3) % Var. Domestic Passengers (thousands) 2,655

Corporación América Airports S.A. Reports February 2022 Passenger Traffic

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP”), the largest private sector airport operator in the world by number of airports, announced today that Aeropuertos Argentina 2000 (the “Company” or “AA2000”), a subsidiary of CAAP, successfully issued $174 million of dollar-linked notes, in the local market, in two tranches: $138 million, with an annual interest rate of 5.5%, 5-year grace period and quarterly amortization, starting May 2027. The Company will us

Corporación América Airports S.A. Announces Issuance of Local Notes in Argentina

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”) the largest private sector airport operator in the world by number of airports, reported today a 78.6% YoY increase in passenger traffic in January 2022, and a 37.0% decline when compared to the same period of 2019. Passenger Traffic, Cargo Volume and Aircraft Movements Highlights (2022 vs. 2021) Statistics Jan'22 Jan'21 % Var. Domestic Passengers (thousands) 2,855 1,689 69.0% International Pa

Corporación América Airports S.A. Reports January 2022 Passenger Traffic

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”) the largest private sector airport concession operator in the world by number of airports, announced today 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 b

Corporación América Airports Expands Business in the Brasília Airport Region

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”) the largest private sector airport operator in the world by number of airports, reported today a 114.2% YoY increase in passenger traffic in December 2021, and a 33.2% decline when compared to the same period of 2019. Passenger Traffic, Cargo Volume and Aircraft Movements Highlights (2021 vs. 2020) Statistics Dec'21 Dec'20 % Var.   YTD'21 YTD'20(1)(2)(3) % Var. Domestic Passengers (thousands)

Corporación América Airports S.A. Reports December 2021 Passenger Traffic

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”) the largest private sector airport operator in the world by number of airports, reported today a 183.1% YoY increase in passenger traffic in November 2021, and a 35.0% decline when compared to the same period of 2019. Passenger Traffic, Cargo Volume and Aircraft Movements Highlights (2021 vs. 2020) Statistics Nov'21 Nov'20 % Var.   YTD'21 YTD'20(1)(2)(3) % Var. Domestic Passengers (thousands)

Corporación América Airports S.A. Reports November 2021 Passenger Traffic

Corporación América Airports S.A. (CAAP) CEO Martin Eurnekian on Q3 2021 Results - Earnings Call Transcript

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”) the largest private sector airport operator based on the number of airports under management reported today its unaudited, consolidated results for the three and nine-month periods ended September 30, 2021. Financial results are expressed in millions of U.S. dollars and are prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting

Corporacion America Airports Announces 3Q21 Results

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”) the largest private sector airport operator in the world by number of airports, reported today a 204.0% YoY increase in passenger traffic in October 2021, and a 41.6% decline when compared to the same period of 2019. Passenger Traffic, Cargo Volume and Aircraft Movements Highlights (2021 vs. 2020) Statistics Oct'21 Oct'20 % Var.   YTD'21 YTD'20(1)(2)(3) % Var. Domestic Passengers (thousands) 2

Corporación América Airports S.A. Reports October 2021 Passenger Traffic

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), the largest private sector airport operator based on the number of airports under management, today announced that it will report its Third Quarter results on Wednesday, November 17, after market closes. Earnings Release Wednesday, November 17, 2021 Time: After Market Closes Conference Call Thursday, November 18, 2021 Time: 9:00 am Eastern Time Executives Mr. Martín Eurnekian, Chief Executive Officer Mr. Jorge Arruda,

Corporación América Airports Announces Third Quarter Financial Results Call and Webcast

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”) the largest private sector airport concession operator in the world by number of airports, announced today that its subsidiary Puerta el Sur S.A. (“PdS”), which operates the Carrasco International Airport in Montevideo, Uruguay, has signed an agreement with the Government of Uruguay (the “Amended Concession Agreement”), to amend the existing concession agreement that was originally signed on F

Corporación América Airports Announces an Amendment of the Puerta del Sur Concession, in Uruguay

LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP”), the largest private sector airport operator in the world by number of airports, announced today that Aeropuertos Argentina 2000 (the “Company” or “AA2000”), a subsidiary of CAAP, has consummated a series of transactions, strengthening the Company's liquidity and achieving a sustainable debt profile that provide financial flexibility to continue modernizing its airport network in Argentina. In September 2021,

Aeropuertos Argentina 2000 Announces Completion of Exchange Offer and Issuance of New Notes

Corporacion America Airports SA (NYSE: CAAP) total passenger traffic for September 2021 improved by 227.8% year-over-year and declined 47.7% compared to September 2019. Domestic Passengers increased 300.5% to 2.33 million; International increased by 229.6% to 982 thousand, and Transit Passengers increased by 70.1% to 462 thousand.

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