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Corporación América Airports Reports Mixed Traffic Results

Corporación América Airports Reports Mixed Traffic Results

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

Corporación América Airports S.A. reported a 4.0% decline in overall passenger traffic for October 2024 compared to the same month in 2023, with international traffic showing a positive trend, especially in Argentina and Italy. While domestic passenger numbers saw a downturn, cargo volume experienced a notable increase of 17.4%, with significant contributions from Argentina, Uruguay, and Armenia. The company continues to navigate challenges in the aviation sector while leveraging opportunities in international routes and cargo services.

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

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