- Corporación América Airports ("CAAP") is one of the world's largest airport operators, with assets located in South America, Italy, and Armenia.
- The company has faced a stiff challenge from Covid, but it has managed to weather the storm, lowering its breakeven point in the process.
- If one believes that the macro trends underpinning the growth in air travel are still in place, CAAP's current valuation offers significant upside potential.
- Free cash flow generation could remain subdued for the next couple of years, which could slow down the recovery in the share price.
For further details see:
Corporación América Airports: Significant Upside Potential For Patient Investors