Corporación América Airports S.A. Reports October 2025 Passenger Traffic
MWN-AI** Summary
Corporación América Airports S.A. (NYSE: CAAP) has reported a substantial increase in passenger traffic for October 2025, reflecting a strong recovery trend post-pandemic. The total passenger traffic rose by 10.2% year-over-year (YoY), reaching 7.63 million passengers, with Argentina exhibiting notable performance, contributing 11.6% growth. Domestic traffic in Argentina increased by 9.9%, bolstered by enhanced flight frequencies from local airlines such as Flybondi.
International traffic across CAAP's operations surged by 11.6% YoY, with Argentina seeing a significance rise of 15.1%. The resurgence of routes by airlines like LATAM and the introduction of additional flights by carriers such as Air Canada and Emirates contributed to these gains. In Italy, passenger numbers increased by 6.8%, primarily due to Ryanair's expanded flight offerings, while Brazil recorded a 9.8% rise, showcasing stability despite operational challenges.
Other countries showed varied performance: Uruguay's traffic grew by 6.9%, Ecuador recovered slightly with a 1.2% increase, and Armenia demonstrated robust growth at 15.3% with new airline entries. Cargo volume saw a moderate increase of 1.1%, although Brazil reported a significant decline.
Aircraft movements also saw a 6.9% rise across all operational territories, further underscoring CAAP's resilience and adaptability within the aviation sector. The company's recovery strategy, which targets enhanced connectivity and improved service offerings, should position it favorably as global travel demand continues to rebound.
With these encouraging results, CAAP reaffirms its critical role as a leading airport operator in a competitive and evolving industry landscape, aiming to build on this momentum as it prepares for future growth initiatives.
MWN-AI** Analysis
Corporación América Airports S.A. (NYSE: CAAP) has just released its October 2025 passenger traffic report, revealing a noteworthy 10.2% year-on-year (YoY) increase in total passenger traffic. This robust growth, particularly bolstered by an 11.6% increase in Argentina, signals a positive trajectory for the company amidst a recovering aviation sector post-pandemic.
The international passenger traffic saw a similar strong growth of 11.6%, underscoring the resurgence in cross-border travel and the effectiveness of CAAP’s strategic initiatives, such as partnerships and expanded flight frequencies. Argentina stands out, contributing nearly 60% to the overall YoY traffic growth. The continued expansion of routes and improved frequencies by airlines like Flybondi and LATAM bodes well for sustained growth in the region.
However, while domestic traffic growth averaged 9.1% across CAAP's operational territories, challenges remain, notably in Brazil, where international traffic is still limited despite a 13.2% YoY increase. The overall minor uptick in cargo volume (+1.1%) indicates that additional focus on freight operations might enhance revenue streams, given that it remains a crucial aspect of airport operations.
For investors, CAAP appears to be on a strong growth path, particularly in Argentina and Armenia, which reported impressive passenger increases of 15.3% and 11.6%, respectively. The ongoing recovery in air travel and recent enhancements to airport operations should encourage further investment interest.
However, it’s essential to monitor external factors such as rising fuel prices and geopolitical tensions which may impact operations and profitability. Overall, maintaining a bullish outlook is advisable, with the recommendation to consider CAAP as a potential investment for those seeking exposure in the recovering aviation market. Stay informed and approach with due diligence as market conditions evolve.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Total passenger traffic up 10.2% YoY, up 11.6% YoY in Argentina
International passenger traffic up 11.6% YoY; up 15.1% YoY in Argentina
Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”), one of the leading private airport operators in the world, reported today a 10.2% year-on-year (YoY) increase in passenger traffic in October 2025.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251121727920/en/
Monthly Passenger Traffic Performance (In million PAX)
Passenger Traffic, Cargo Volume and Aircraft Movements Highlights (2025 vs. 2024) | |||||||||
Statistics | Oct'25 | Oct'24 | % Var. | YTD’25 | YTD'24 | % Var. | |||
Domestic Passengers (thousands) | 3,925 | 3,596 | 9.1% | 36,688 | 33,561 | 9.3% | |||
International Passengers (thousands) | 2,994 | 2,684 | 11.6% | 28,637 | 25,848 | 10.8% | |||
Transit Passengers (thousands) | 710 | 646 | 10.0% | 6,673 | 6,030 | 10.7% | |||
Total Passengers (thousands) 1 | 7,630 | 6,927 | 10.2% | 71,998 | 65,440 | 10.0% | |||
Cargo Volume (thousand tons) | 39.3 | 38.8 | 1.1% | 325.9 | 318.6 | 2.3% | |||
Total Aircraft Movements (thousands) | 76.6 | 71.7 | 6.9% | 727.6 | 681.8 | 6.7% | |||
(1) Following the friendly termination process concluded in February 2024, CAAP no longer operates Natal airport. Statistics for Natal are available up to February 18, 2024. Excluding Natal for comparison purposes, total passenger traffic YTD was up 10.6%. |
Passenger Traffic Overview
Total passenger traffic increased by 10.2% in October compared to the same month in 2024. Domestic passenger traffic rose by 9.1% year over year (YoY), largely driven by Argentina, along with strong performance in Brazil. Meanwhile, international traffic grew by 11.6%, with all operating countries contributing positively YoY and particularly strong results in Argentina and Armenia. Notably, Argentina accounted for almost 60% of the total YoY traffic growth in October.
In Argentina , total passenger traffic increased by 11.6% YoY, driven by strong performance across both the international and domestic segments. Domestic traffic grew by 9.9% YoY, supported by increased frequencies by Flybondi on its routes from Buenos Aires to San Juan, Mendoza, Salta, and Jujuy. International traffic also remained solid, rising 15.1% YoY, supported by several developments, including LATAM’s resumption of operations from Córdoba to São Paulo, and increased operations by Air Canada and Emirates to five and seven weekly flights, respectively. Additionally, in October, Delta resumed its New York route, operating through March 2026.
In Italy , passenger traffic grew by 6.8% compared to the same month in 2024, mainly supported by an increase in flight frequencies by Ryanair. International passenger traffic, which accounted for over 80% of total traffic, rose by 7.9% YoY, driven by a 12.2% increase at Florence Airport and a 4.8% increase at Pisa Airport. Domestic passenger traffic grew by 1.8% YoY, supported by a strong performance at Pisa Airport (+8.7%) due to the increase in Ryanair’s flight frequencies, partially offset by a 16.3% decline at Florence Airport.
In Brazil , total passenger traffic increased by 9.8% YoY, reflecting an improvement in traffic trends despite ongoing challenges in the aviation environment. Domestic traffic, which accounted for almost 60% of total traffic, rose by a strong 10.3% YoY, while transit passengers increased by 8.5% YoY. Notably, although representing a small share of total traffic (5%), international traffic grew by 13.2% YoY.
In Uruguay , total passenger traffic, predominantly international, increased by 6.9% YoY, recovering from the decline recorded in September, when operations were suspended for two days due to the installation of the new Category IIIb Precision Instrument Landing System (ILS CAT IIIb) on the main runway.
In Ecuador , where security concerns persist, passenger traffic increased by 1.2% YoY, rebounding from the decline in September caused by runway repaving work that required a two-day suspension of operations. International traffic grew by 2.3% YoY, while domestic traffic increased by 0.8% YoY. High airfares continued to weigh on travel demand.
In Armenia , passenger traffic increased by a strong 15.3% YoY, supported by the introduction of new airlines and routes, as well as increased flight frequencies. In October, Wizz Air launched a new base at Yerevan’s Zvartnots Airport, deploying two aircraft and adding eight new direct routes to Europe.
Cargo Volume and Aircraft Movements
Cargo volume increased by 1.1% YoY, with positive contributions from Uruguay, Armenia and Argentina. Performance by country was as follows: Uruguay (+19.4%), Armenia (+7.3%), Argentina (+3.6%), Ecuador (-5.7%), Italy (-8.2%), and Brazil (-14.4%). Argentina, Brazil, and Armenia accounted for 80% of total cargo volume in October.
Aircraft movements increased by 6.9% YoY, with positive contributions from all countries of operation: Armenia (+13.5%), Italy (+9.8%), Ecuador (+9.0%), Brazil (+7.9%), Argentina (+5.5%), and Uruguay (+0.5%). Argentina, Brazil, and Italy accounted for more than 80% of total aircraft movements in October.
Summary Passenger Traffic, Cargo Volume and Aircraft Movements (2025 vs. 2024)
Oct'25 | Oct'24 | % Var. | YTD'25 | YTD'24 | % Var. | ||
Passenger Traffic (thousands) | |||||||
Argentina | 4,031 | 3,612 | 11.6% | 38,966 | 34,257 | 13.7% | |
Italy | 931 | 872 | 6.8% | 8,578 | 7,919 | 8.3% | |
Brazil (1) | 1,533 | 1,397 | 9.8% | 13,743 | 12,907 | 6.5% | |
Uruguay | 196 | 184 | 6.9% | 1,904 | 1,865 | 2.1% | |
Ecuador | 393 | 388 | 1.2% | 3,926 | 3,914 | 0.3% | |
Armenia | 545 | 473 | 15.3% | 4,881 | 4,577 | 6.6% | |
TOTAL | 7,630 | 6,927 | 10.2% | 71,998 | 65,440 | 10.0% | |
(1) Following the friendly termination process concluded in February 2024, CAAP no longer operates Natal airport. Statistics for Natal are available up to February 18, 2024. Excluding Natal for comparison purposes, total passenger traffic YTD was up 10.6% for CAAP and 9.6% for Brazil. |
Cargo Volume (tons) | ||||||||
Argentina | 21,215 | 20,471 | 3.6% | 170,727 | 164,620 | 3.7% | ||
Italy | 1,189 | 1,295 | -8.2% | 10,588 | 10,726 | -1.3% | ||
Brazil | 5,540 | 6,473 | -14.4% | 52,002 | 53,833 | -3.4% | ||
Uruguay | 3,536 | 2,962 | 19.4% | 29,126 | 25,972 | 12.1% | ||
Ecuador | 2,936 | 3,112 | -5.7% | 29,538 | 30,893 | -4.4% | ||
Armenia | 4,835 | 4,504 | 7.3% | 33,919 | 32,574 | 4.1% | ||
TOTAL | 39,252 | 38,817 | 1.1% | 325,899 | 318,618 | 2.3% | ||
Aircraft Movements | ||||||||
Argentina | 41,085 | 38,947 | 5.5% | 396,351 | 367,152 | 8.0% | ||
Italy | 8,678 | 7,900 | 9.8% | 77,649 | 71,913 | 8.0% | ||
Brazil | 13,461 | 12,474 | 7.9% | 125,183 | 119,836 | 4.5% | ||
Uruguay | 2,644 | 2,632 | 0.5% | 26,931 | 26,191 | 2.8% | ||
Ecuador | 6,886 | 6,320 | 9.0% | 65,247 | 63,240 | 3.2% | ||
Armenia | 3,851 | 3,392 | 13.5% | 36,216 | 33,462 | 8.2% | ||
TOTAL | 76,605 | 71,665 | 6.9% | 727,577 | 681,794 | 6.7% |
About Corporación América Airports
Corporación América Airports acquires, develops and operates airport concessions. Currently, the Company operates 52 airports in 6 countries across Latin America and Europe (Argentina, Brazil, Uruguay, Ecuador, Armenia and Italy). In 2024, Corporación América Airports served 79.0 million passengers, 2.7% (or 0.4% excluding Natal) below the 81.1 million passengers served in 2023, and 6.2% below the 84.2 million served in 2019. The Company is listed on the New York Stock Exchange where it trades under the ticker “CAAP”. For more information, visit http://investors.corporacionamericaairports.com .
View source version on businesswire.com: https://www.businesswire.com/news/home/20251121727920/en/
Investor Relations Contact
Patricio Iñaki Esnaola
Email: patricio.esnaola@caairports.com
Phone: +5411 4899-6716
FAQ**
How has the 10.2% increase in total passenger traffic for Corporacion America Airports SA (CAAP) in October 2025 been influenced by regional performance, particularly in Argentina, Brazil, and Italy?
What specific strategies is Corporacion America Airports SA (CAAP) employing to sustain the growth in international passenger traffic, which rose by 11.6% YoY in October?
With a 15.increase in passenger traffic in Armenia, what new routes and developments is Corporacion America Airports SA (CAAP) planning to enhance its operational footprint in Europe and beyond?
How does the decline in cargo volume for Brazil at Corporacion America Airports SA (CAAP) compare with the growth seen in Uruguay and Armenia, and what factors are contributing to these differing trends?
**MWN-AI FAQ is based on asking OpenAI questions about Corporacion America Airports SA (NYSE: CAAP).
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