Passenger traffic in Argentine operations up
13.3% during the period
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 Recife, Brazil.
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)
Argentina 3,461,956 3,055,708
13.3% 10,247,178 9,209,925 11.3% Italy
542,591 521,234 4.1% 1,397,713
1,370,039 2.0% Brazil 1,633,689
1,581,947 3.3% 4,965,508 4,849,771
2.4% Uruguay 206,175 185,492 11.2%
685,036 635,466 7.8% Ecuador
382,139 363,086 5.2% 1,028,324
1,033,392 -0.5% Armenia 186,526 167,886
11.1% 524,295 477,159 9.9% Peru
263,597 219,237 20.2% 798,647
683,082 16.9%
TOTAL 6,676,673
6,094,590 9.6% 19,646,701
18,258,834 7.6%
Cargo Volume (tons)
Argentina 22,219 18,299 21.4%
60,392 49,220 22.7% Italy 929
1,188 -21.8% 2,657 2,746 -3.3%
Brazil 5,338 4,880 9.4% 14,083
12,588 11.9% Uruguay 2,792 2,176
28.3% 6,756 6,055 11.6% Ecuador
3,432 3,104 10.5% 10,045 9,591
4.7% Armenia 1,465 2,312 -36.6%
3,474 4,869 -28.6% Peru 406 414
-2.0% 1,165 1,135 2.6%
TOTAL 36,581 32,374
13.0% 98,571 86,203
14.3%
Aircraft
Movements
Argentina 39,395
36,291 8.6% 113,425 104,363
8.7% Italy 5,284 5,303 -0.4%
13,885 14,072 -1.3% Brazil 15,421
15,718 -1.9% 44,750 45,441
-1.5% Uruguay 2,966 2,688 10.3%
10,948 10,283 6.5% Ecuador 6,480
6,910 -6.2% 17,989 20,280 -11.3%
Armenia 1,751 1,661 5.4% 4,915
4,446 10.5% Peru 2,579 2,129
21.1% 7,467 6,270 19.1%
TOTAL
73,876 70,700 4.5%
213,379 205,155 4.0%
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20180416006596/en/
Corporación América Airports S.A.Investor Relations:Gimena
Albanesi, +5411 4852-6411gimena.albanesi@caairports.com
Corporacion America Airp... (NYSE:CAAP)
Historical Stock Chart
From Mar 2024 to Apr 2024
Corporacion America Airp... (NYSE:CAAP)
Historical Stock Chart
From Apr 2023 to Apr 2024