Welcome to our dedicated page for Corporación América Airports S.A. news (Ticker: $CAAP), a resource for investors and traders seeking the latest updates and insights on Corporación América Airports S.A. stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Corporación América Airports S.A.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Corporación América Airports S.A.'s position in the market.
Corporación América Airports (CAAP) announced significant developments in Uruguay.
At Carrasco International Airport, CAAP's subsidiary Puerta del Sur (PdS) will invest $5.5 million to expand cargo activities, including a new Instrument Landing System (ILS) to enhance connectivity and safety. A tariff adjustment will apply.
At Punta del Este Airport, the concession term has been extended by ten years to 2043, and CAAP will invest $3 million between 2024-2026. These projects are part of CAAP's strategy to develop Uruguay's aeronautical industry and improve travel experiences for 2 million annual passengers.
Corporación América Airports (NYSE: CAAP), a leading global private airport operator, will announce its First Quarter 2024 financial results on May 22, 2024, after the market closes. A conference call to discuss these results is scheduled for May 23, 2024, at 10:00 am ET. Key executives, including CEO Martín Eurnekian, CFO Jorge Arruda, and Head of Investor Relations Patricio Iñaki Esnaola, will participate. Investors can join via a toll-free number (1-800-549-8228) in North America or an international number (1-289-819-1520). Playback will be available through specified contact details.
Corporación América Airports S.A. (NYSE: CAAP) announced a recent development regarding an arbitration procedure against the Government of Peru related to the termination of a concession agreement for the new Chinchero International Airport. The ICSID Arbitral Court awarded damages of US$91,205,056 to Kuntur Wasi, in which CAAP holds 50% of the shares. The company will continue to provide updates on the matter.
