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CAAP Reports Mixed June 2024 Traffic Results
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CAAP Reports Mixed June 2024 Traffic Results

Corporacion America Airports SA (CAAP) has released an update.

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Corporación América Airports S.A. reported a 8.9% drop in passenger traffic in June 2024 compared to the previous year, with a slight improvement to a 6.7% decline when excluding the discontinued Natal operations. While domestic passenger numbers fell significantly by 20.3%, international traffic saw a rise of 9.4%, suggesting a shifting trend in travel patterns. Cargo volume saw a modest increase of 4.3%, despite an overall 10.5% decrease in aircraft movements across the company’s operating countries.

For further insights into CAAP stock, check out TipRanks’ Stock Analysis page.

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