Corporación America Airports Sets its Sights on Seven New Airports While Growing its Existing Investments

Justin Lee

Singapore

September 22, 2024

Ezeiza

© Npo80 / Wikipedia

The Group’s have faced declining airport passenger traffic at some of its markets, but it continues to invest in airport infrastructure and is targeting new airport concession.

In the 2nd quarter of 2024, Corporación America’s airports handled 18.2 million passengers, which was 7.8% lower than the number of passengers handled in the same period in 2023.

Year-on-year declines in passenger traffic in the 2nd quarter of 2024 were seen at Corporación America’s airports in Argentina (-11.6%), Brazil (-14.9%), Ecuador (-5.5%) and Armenia (-2.9%).

Corporación America Airports attributed the decline in passenger traffic at its airports to factors such as Argentina’s economic challenges as well as the discontinuation of operations at Natal Airport.

Natal

© Photo/Map: Arne Müseler / arne-mueseler.com / CC-BY-SA-3.0

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