CAAP - Corporación America Airports reports traffic decline of 68.8% in December

Corporacion America Airports ([[CAAP]] +4.6%) reports 68.8% Y/Y decline in passenger traffic in December 2020 to 2.187M, although showing a slight sequential improvement from the 77.1% and 80.8% declines reported in November and October.Domestic passenger: 1.32M (-67.9% Y/Y); International passenger: 384K (-82.5% Y/Y); Transit passenger: 487K (-33.1% Y/Y).Cargo volume decreased by 29.7% on December 2020, due to declines of 29.5% in Argentina, 38.7% in Brazil and 31.1% in Ecuador.Total aircraft movements decreased 53.5% Y/Y to 33.22K, mainly attributed to decreases of 62.9% in Argentina, 28.2% in Brazil, 76.1% in Italy and 33.6% in Ecuador.

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Corporación America Airports reports traffic decline of 68.8% in December