CAAP - Corporación America Airports reports traffic decline of 64.4% in January

Corporacion America Airports (CAAP) reports 64.4% Y/Y decline in passenger traffic in January to 2.554M, although showing a slight sequential improvement from the 68.8% in December and 77.1% in November.Domestic passenger: 1.689M (-58.9% Y/Y); International passenger: 354K (-84.1% Y/Y); Transit passenger: 511K (-38.5% Y/Y).Cargo volume dropped by 33.7% to 20.4KT, mainly due to declines of 42.4% in Argentina, 51.5% in Ecuador and 20.3% in Uruguay.Total aircraft movements slipped 51.2% Y/Y to 35K, mainly attributed to decreases of 55.2% in Argentina, 79.3% in Italy, 25.6% in Brazil and 45.1% in Ecuador.

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Corporación America Airports reports traffic decline of 64.4% in January