Corporacion America Airports SA (CAAP) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Corporación América Airports S.A. experienced a 4.2% decline in total passenger traffic in July 2024 compared to the previous year, with a smaller 1.8% drop when excluding the discontinued Natal operations. International traffic, however, saw a 7.6% increase, driven by stronger performances in Argentina, Italy, and Uruguay. The company also reported a decrease in cargo volume by 1.5% and a reduction in aircraft movements by 3.9% compared to July 2023.
For further insights into CAAP stock, check out TipRanks’ Stock Analysis page.