Corporación América Airports S.A. Reports January 2021 Passenger Traffic

Rhea-AI Summary

Corporación América Airports S.A. (CAAP) reported a staggering 64.4% year-over-year decline in total passenger traffic for January 2021, totaling 2,554,000 passengers compared to 7,169,000 in January 2020. Domestic, international, and transit passengers dropped by 58.9%, 84.1%, and 38.5%, respectively. Cargo volume also decreased by 33.7% to 20.4 thousand tons, while total aircraft movements sank 51.2% to 35,000. These figures highlight the significant impact of the ongoing global challenges on the company's operations.

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• 64.4% decline in total passenger traffic year-over-year.
• Domestic passengers down by 58.9%.
• International passengers decreased by 84.1%.
• Cargo volume fell by 33.7%.
• Total aircraft movements dropped by 51.2%.

Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”) the largest private sector airport operator in the world by number of airports, reported today a 64.4% year-over-year (YoY) decline in passenger traffic in January 2021.

Passenger Traffic, Cargo Volume and Aircraft Movements Highlights
Statistics	Jan'21	Jan'20(1)(2)(3)			% Var.
Domestic Passengers (thousands)	1,689	4,109			-58.9%
International Passengers (thousands)	354	2,229			-84.1%
Transit Passengers (thousands)	511	831			-38.5%
Total Passengers (thousands)	2,554	7,169			-64.4%
Cargo Volume (thousand tons)	20.4	30.8			-33.7%
Total Aircraft Movements (thousands)	35.0	71.7			-51.2%

(1) Note that preliminary passenger traffic figures for January 2020 for Ezeiza Airport, in Argentina, were

FAQ

What was the year-over-year change in passenger traffic for CAAP in January 2021?

CAAP reported a 64.4% decline in passenger traffic year-over-year for January 2021.

How many total passengers did CAAP handle in January 2021?

In January 2021, CAAP handled a total of 2,554,000 passengers.

What percentage did international passenger traffic decline for CAAP in January 2021?

International passenger traffic for CAAP declined by 84.1% in January 2021.

What was the cargo volume reported by CAAP in January 2021?

CAAP reported a cargo volume of 20.4 thousand tons in January 2021.

How many aircraft movements did CAAP experience in January 2021?

CAAP experienced a total of 35,000 aircraft movements in January 2021, a decline of 51.2%.