Corporacion America Airports SA (CAAP) has released an update.
Corporación América Airports S.A. has reported a 3.8% drop in total passenger traffic for August 2024 compared to the previous year, with a smaller 1.5% decline when excluding the Natal airport figures. International passenger traffic, however, has seen a 5.8% increase, indicating selective growth in certain sectors. The company’s cargo volume has also risen by 5.1%, despite overall aircraft movements declining by 5.4% year-on-year.
For further insights into CAAP stock, check out TipRanks’ Stock Analysis page.