CAAP - Corporación América Airports reports 76% increase in August passenger traffic

• Corporación América Airports ( NYSE: CAAP ) on Friday reported a 76% Y/Y increase in passenger traffic in Aug., reaching 83.2% of Aug. 2019 levels.
• The growth was driven by increases across all countries of operations, particularly Argentina, Italy and Brazil, helped by continued recovery in travel demand.
• International and domestic passenger traffic reached 83.2% and 80.9% of Aug. 2019 levels, respectively.
• Cargo volume increased 4.1% Y/Y and stood at 82.8% of Aug. 2019 levels, or at 84.2% when adjusting for discontinuation in Peru.
• ~70% of cargo volume came from Argentina and Brazil.

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