Passenger traffic in Argentine operations up 13.3% during the period
LUXEMBOURG–(BUSINESS WIRE)–Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the
“Company”) the largest private sector airport concession operator in the
world by number of airports, reported today preliminary year-over-year
passenger traffic growth of 9.6% in March 2018.
|Passenger Traffic, Cargo Volume and Aircraft Movements Highlights|
|Statistics||Mar’18||Mar’17||% Var||YTD’18||YTD’17||% Var|
|Domestic Passengers (thousands)||3,647,363||3,352,365||8.8%||10,572,544||10,052,810||5.2%|
|International Passengers (thousands)||2,291,629||2,124,272||7.9%||6,731,715||6,289,046||7.0%|
|Transit Passengers (thousands)||737,681||617,953||19.4%||2,342,442||1,916,978||22.2%|
|Total Passengers (thousands)||6,676,673||6,094,590||9.6%||19,646,701||18,258,834||7.6%|
|Cargo Volume (thousand tons)||36,581||32,374||13.0%||98,571||86,203||14.3%|
|Total Aircraft Movements (thousands)||73,876||70,700||4.5%||213,379||205,155||4.0%|
Passenger Traffic Overview
Total passenger traffic in March 2018 increased by 9.6% compared
to the same period of 2017, primarily reflecting growth of 13.3% in
Argentina and 11.2% in Uruguay.
Traffic growth in Argentina, the Company’s main business segment,
reflects the addition of new routes, flights to existing destinations
and the entrance of low cost carriers. In March 2018, Ethiopian Airlines
started a new route to Adís Abeba, with five weekly flights, connecting
through Sao Paulo, Brazil and Azul added a new route from Córdoba to
Fly Bondi continued to add new routes to increase connectivity
throughout Argentina. In addition to its existing routes from Buenos
Aires (Córdoba, Bariloche, Neuquén and Tucumán), in March 2018 it
inaugurated flights to the provinces of Mendoza, Jujuy and Corrientes,
and started the route Bariloche – Neuquén.
In addition, American Airlines announced a new route that will connect
Buenos Aires with Los Angeles, beginning in December 2018, with a
frequency of three times a week. American Airlines already operates
direct flights to Miami, Dallas and New York from Ezeiza Airport.
In Brazil, passenger traffic at Brasilia airport increased by 4% in
March 2018 reflecting continued signs of recovery from last year’s
passenger drop as a result of the economic crisis.
Cargo Volume and Aircraft Movements
CAAP also reported strong cargo volume, up 13.0% in March 2018.
Argentina was the main contributor to cargo volume growth – with an
increase of 21.4% in March 2018, followed by significant growth in
Uruguay and Brazil.
Aircraft movements increased by 4.5% in March 2018, mainly driven
by Argentina – up 8.6% during the period, followed by Uruguay, with an
increase of 10.3%.
Summary Passenger Traffic, Cargo Volume and Aircraft Movements
|Mar’18||Mar’17||% Var.||YTD’18||YTD’17||% Var.|
|Passenger Traffic (thousands)|
|Cargo Volume (tons)|
To obtain the full text of this press release, please click on the
following link: http://investors.corporacionamericaairports.com
About Corporación América Airports
Corporación América Airports acquires, develops and operates airport
concessions. The Company is the largest private airport operator in the
world by the number of airports and the tenth largest based on passenger
traffic. Currently, the Company operates 52 airports in 7 countries
across Latin America and Europe (Argentina, Brazil, Uruguay, Peru,
Ecuador, Armenia and Italy). In 2017, it served 76.6 million passengers.
The Company is listed on the New York Stock Exchange where it trades
under the ticker “CAAP”. For more information, visit http://investors.corporacionamericaairports.com.
Corporación América Airports S.A.
Albanesi, +5411 4852-6411