CAAP - Corporación América Airports reports traffic decline of 77.1% in November

Corporacion America Airports ([[CAAP]] -0.5%) reports passenger traffic decreased 77.1% to 1.552M in November, reflecting the continued impact of the Covid-19 pandemic on air travel, although showing a slight sequential improvement from the 80.8% and 84.1% declines reported in October and SeptemberDomestic passenger: 888K (-77.8% Y/Y); International passenger: 240K (-88.3% Y/Y); Transit passenger: 424K (-40.2% Y/Y).Cargo volume slipped 40.9% to 23.4KT, mainly due to declines of 37.6% in Argentina, 60.7% in Brazil and 51.3% in Ecuador.Total aircraft movements decreased 60.5% Y/Y to 27.1K, mainly attributed to decreases of 70.8% in Argentina, 38.7% in Brazil, 74.7% in Italy and 38.8% in Ecuador. Aircraft movements also declined 71.4 % in Armenia, 61.7% in Uruguay and 53.6% in Peru.

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Corporación América Airports reports traffic decline of 77.1% in November