Record Passenger Traffic Growth
Passenger traffic increased by 13.7% year-over-year, with historical records in Argentina, Italy, Uruguay, and Armenia. Domestic traffic rose nearly 15%, and international traffic increased by 12%.
Revenue and EBITDA Growth
Revenues grew nearly 19%, with a 23% year-over-year increase in adjusted EBITDA. Revenue per passenger increased to $21.
Strong Cargo Revenue Performance
Cargo revenues were up 30% year-over-year, led by Argentina, Brazil, and Uruguay, due to improved pricing dynamics and new revenue streams.
Solid Financial Position
The quarter closed with a total liquidity position of $595 million, and the net leverage ratio improved to a record low of 1x.
Environmental Approval for Florence Airport
Obtained environmental approval from the region of Tuscany for the Florence Airport Master Plan in April.