CAAP - Corporación América Airports says Oct. passenger traffic at 88.3% of pre-pandemic levels

• Private airport operator Corporación América Airports ( NYSE: CAAP ) on Wednesday said total passenger traffic for the month of October increased 51.1% Y/Y.
• The rise in passenger traffic was helped by a continued recovery in travel demand following the lifting of pandemic-related travel restrictions, CAAP said in a statement .
• CAAP said traffic in Armenia and Ecuador in Oct. had reached above pre-pandemic levels while Argentina was at 93%.
• Overall Oct. passenger traffic recovered to 88.3% of pre-pandemic levels in Oct. 2019.
• CAAP said cargo volume for Oct. rose 0.6% Y/Y and stood at 79.1% of Oct. 2019 levels. Almost 70% of cargo volume came from Argentina and Brazil.
• Corporación América Airports ( CAAP ) stock earlier closed +0.2% at $8.30.

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