CAAP - Corporación América Airports says Nov. passenger traffic at 87.4% of pre-pandemic levels
- Private airport operator Corporación América Airports ( NYSE: CAAP ) on Monday said total passenger traffic for the month of Nov. increased 34.5% Y/Y.
- The rise in traffic was supported by a continued recovery in travel demand, with passenger traffic higher across all geographies, CAAP said in a statement .
- CAAP said traffic in Armenia had reached above pre-pandemic levels, while Ecuador and Argentina were at 97% and 92%, respectively.
- Overall Nov. passenger traffic recovered to 87.4% of pre-pandemic levels in Nov. 2019.
- CAAP said cargo volume for Nov. rose 0.7% Y/Y and stood at 74.2% of Nov. 2019 levels. Almost 70% of cargo volume came from Argentina and Brazil.
- Corporación América Airports ( CAAP ) stock earlier closed -0.1% at $7.92.
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Corporación América Airports says Nov. passenger traffic at 87.4% of pre-pandemic levels