Welcome to our dedicated page for Corporacion Am news (Ticker: CAAP), a resource for investors and traders seeking the latest updates and insights on Corporacion Am stock.
Corporacion America Airports SA (CAAP) provides essential updates through this centralized news hub for investors and aviation industry stakeholders. Access official press releases, financial disclosures, and operational developments from one of the world's leading airport concession operators.
This resource delivers timely information on earnings reports, infrastructure investments, and strategic partnerships across CAAP's global network. Track updates from key markets including Argentina, Italy, and Brazil, with insights into aeronautical services expansion and terminal modernization projects.
All content maintains strict adherence to factual reporting standards, featuring verified announcements directly from CAAP management. Regular updates ensure stakeholders stay informed about regulatory developments, concession renewals, and operational milestones impacting this NYSE-listed airport operator.
Bookmark this page for streamlined access to CAAP's corporate communications. Combine these primary sources with market analysis tools for comprehensive investment research into the airport infrastructure sector.
Corporación América Airports (CAAP) reported strong passenger traffic growth in March 2025, with total passengers increasing 10.5% year-over-year to 7.05 million. The growth was driven by both domestic (+11.0%) and international (+12.7%) traffic improvements.
Argentina, accounting for 81% of total traffic growth, saw a 15.0% increase, with domestic traffic up 12.2% and international traffic rising 21.8%. Italy experienced 11.3% growth, while Brazil showed 4.6% improvement despite aviation challenges. Other markets including Uruguay (+0.5%), Ecuador (+1.1%), and Armenia (+0.6%) also posted positive results.
Cargo volume increased 9.6% YoY to 34,314 tons, with strong performances in Argentina (+20.3%) and Uruguay (+24.3%). Aircraft movements rose 6.0% YoY to 71,469, with positive contributions from all operating countries.
Corporación América Airports (NYSE: CAAP), a leading private airport operator globally, has announced the filing of its Annual Report on Form 20-F for the fiscal year ended December 31, 2024 with the U.S. Securities and Exchange Commission (SEC). The 2024 Annual Report can be accessed through the SEC's website and the company's investor relations portal.
Corporación América Airports (NYSE: CAAP) reported its Q4 and full-year 2024 results, showing mixed performance across its portfolio. Q4 2024 saw consolidated revenues ex-IFRIC12 increase 23.1% YoY to $396.2 million, driven by aeronautical (+29.0%) and commercial (+17.5%) revenue growth. Passenger traffic decreased 1.2% to 20.5 million, while cargo volume rose 16.3% to 118.2 thousand tons.
The company maintained a strong financial position with cash and equivalents of $439.8 million and improved net debt to LTM Adjusted EBITDA ratio of 1.1x. Q4 Adjusted EBITDA ex-IFRIC12 decreased 49.5% to $150.8 million, partly due to the Argentine peso devaluation and comparison against Q4 2023's Natal concession termination payment.
Full-year 2024 results showed consolidated revenues ex-IFRIC12 up 29.0% to $1,619.9 million, despite a 2.7% decrease in passenger traffic to 79.0 million. Operating income reached $447.3 million, compared to $540.6 million in 2023.
Corporación América Airports (CAAP) reported a 6.0% year-over-year increase in passenger traffic for February 2025, reaching 8.2% YoY when excluding Natal operations. International passenger traffic grew by 11.2%, while domestic traffic rose 2.2% (5.9% ex-Natal).
Key regional performance:
- Argentina: Total traffic up 9.7% YoY, with domestic traffic rising 5.7% and international traffic surging 19.1%
- Italy: 14.1% overall growth, with international traffic up 11.8% and domestic traffic increasing 21.9%
- Brazil: Total traffic declined 1.7% YoY, but showed 9.2% growth when excluding Natal Airport operations
Cargo volume increased by 5.3% YoY, with positive contributions from most countries. Aircraft movements rose 2.0% YoY, primarily driven by Italy (+13.2%) and Argentina (+2.1%).
Corporación América Airports (NYSE: CAAP) has scheduled its Fourth Quarter 2024 financial results announcement for Wednesday, March 19, 2025, before market opens. The company will host a conference call at 9:00 am Eastern Time on the same day.
Key executives participating in the call include CEO Martín Eurnekian, CFO Jorge Arruda, and Head of Investor Relations Patricio Iñaki Esnaola. Investors can join via telephone to participate in the Q&A session using the following numbers: 1-800-549-8228 (North America, Toll Free) or 1-289-819-1520 (Other locations) with Conference ID: 69248.
Blue Sky Uranium Corp. (BKUCF) has announced the initial closing of an earn-in transaction with Abatare Spain, S.L.U. (COAM). Under the agreement, COAM has the exclusive right to acquire up to an 80% indirect interest in the Ivana Uranium-Vanadium Deposit in Argentina through:
1. A 49.9% equity interest by funding US$35 million in expenditures over 36 months
2. Up to 80% equity interest by funding US$160 million for project development upon completion of a feasibility study
As part of the initial stage, COAM has contributed US$650,000 and provided a Corporate Guarantee for US$2,350,000, totaling US$3 million for the first year commitment. The deal includes a call option agreement for exploration targets and maintains Blue Sky's 20% participation with anti-dilution protection until commercial production.
Corporación América Airports (CAAP) reported a 5.3% year-over-year increase in passenger traffic for January 2025, reaching 6.99 million passengers. Excluding Natal operations, total traffic grew 9.5% YoY. International passenger traffic rose significantly by 13.9%, while domestic traffic declined 1.0% (but grew 5.9% excluding Natal).
Argentina showed strong performance with a 12.8% total traffic increase, marking an all-time high, driven by 8.8% domestic and 22.0% international growth. Italy grew 5.6%, Brazil declined 14.3% (but grew 2.8% excluding Natal), Uruguay increased 4.7%, Ecuador rose 8.1%, and Armenia grew 6.7%. Cargo volume increased 12.2% YoY, while aircraft movements rose 1.2%.
Blue Sky Uranium (TSXV: BSK, OTC: BKUCF) announced that shareholders have approved the proposed earn-in transaction with Abatare Spain, S.L.U. (COAM) at a Special Meeting held on February 6, 2025. The resolution received overwhelming support with 99.41% of votes in favor, representing 99,339,958 shares, while only 0.59% voted against.
The meeting had a 33.4% turnout, with 99,929,367 common shares represented. The company has already received conditional approval from the TSX Venture Exchange for the transaction, which is expected to close during the first quarter of 2025, subject to customary closing conditions.
Corporación América Airports (CAAP) reported a 3.2% year-over-year increase in passenger traffic for December 2024, reaching 6.97 million passengers. Excluding Natal airport operations, total traffic grew 6.6% YoY. International passenger traffic rose 11.4%, while domestic traffic declined 2.1%.
Notable highlights include Argentina achieving an all-time high monthly passenger traffic with a 7.0% YoY increase, driven by a 3.4% rise in domestic traffic and 16.2% growth in international traffic. Italy showed strong performance with 15.2% total growth, while Brazil saw an 11.3% decrease (3.4% increase excluding Natal). Cargo volume increased 9.3% YoY, with positive contributions from most countries. Aircraft movements grew 2.5% YoY across operations.
Blue Sky Uranium (BKUCF) has announced the mailing and filing of meeting materials for a special shareholder meeting on February 6, 2025, to vote on a transaction with COAM. The proposed earn-in agreement would grant COAM rights to acquire up to 80% indirect interest in the Ivana Uranium-Vanadium Deposit in Argentina.
Under the agreement terms, COAM can acquire a 49.9% interest by funding US$35 million in expenditures, and can increase to 80% ownership upon completing a feasibility study and funding development costs to commercial production. The transaction requires approval from at least 66 2/3% of shareholder votes.
The Board unanimously recommends voting FOR the transaction, citing benefits including partnership with Corporación América Group's expertise, advancement of the Ivana Property, and anti-dilution protection until commercial production. Shareholders must vote by proxy before 10:00 AM Vancouver Time on February 4, 2025.
