Passenger traffic in Argentina up 2.0% YoY
while Brazil continues to recover with traffic up 11.1% YoY,
further supported by growth across most countries of operations
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 preliminary
year-over-year passenger traffic growth of 5.8% in June 2018.
Passenger Traffic, Cargo Volume and Aircraft Movements
Highlights
Statistics Jun’18 Jun’17
% Var. YTD’18 YTD’17 %
Var Domestic Passengers (thousands) 3,396 3,064
10.8% 20,936 19,466 7.6% International
Passengers (thousands) 2,209 2,212 -0.2%
13,587 12,912 5.2% Transit Passengers
(thousands) 660 643 2.6% 4,300
3,738 15.0%
Total Passengers (thousands)
6,265 5,920 5.8%
38,823 36,116 7.5% Cargo
Volume (thousand tons) 30.6 29.2
4.7% 196.8 175.1
12.3% Total Aircraft Movements (thousands)
71.4 68.2 4.8%
428.9 409.6 4.7%
Passenger Traffic
Overview
Total passenger traffic in June 2018 increased by 5.8%
compared to the same period of 2017, primarily reflecting growth of
11.1% in Brazil, 2.0% in Argentina and 4.2% in Italy.
In Brazil, passenger traffic at Brasilia Airport continued to
recover increasing by 12.0% in June 2018, mainly due to 16.8%
growth in domestic passengers. This increase was driven by
additional frequencies in existing routes to several domestic
destinations by Gol, Latam and Azul which increased their weekly
flights by 13%, 8% and 18%, respectively.
In Argentina, domestic traffic increased 9% YoY, partially
offset by declines of 7% and 14% in international and transit
passengers, respectively reflecting the initial impact of the
currency depreciation and more challenging macro conditions.
Additional routes and flights to existing destinations were added
in Argentina during the last twelve months. Aerolineas Argentinas
added new frequencies to Madrid, Punta Cana, Río de Janeiro and São
Pablo. Copa Airlines also increased its monthly frequencies from
both Aeroparque and Ezeiza to Panama, Latam added frequencies to
São Pablo. Low-cost carriers continued to expand operations during
this period. LEVEL began flying from Ezeiza to Barcelona, Gol added
new frequencies to São Pablo and Recife, and Azul Linhas Aereas
added frequencies to Belo Horizonte.
In addition, low-cost carrier Fly Bondi, flying out of El
Palomar Airport, continued to increase connectivity throughout
Argentina by adding flights to Salta Airport, and by increasing the
overall number of frequencies it offers across the country.
The Company’s Italian airports reported a 4.2% YoY increase in
traffic, mainly due to the opening of new international and
domestic flights, and the addition of new frequencies, that are
taking place during the Italian summer season. Operating at Pisa
Airport, Pobeda opened a new route to St. Petersburg and added
frequencies to Moscow. In addition, Ryanair expanded its Pisa
Airport network and added frequencies to both domestic and
international destinations. Moreover, TAP opened a new
international route to Portugal (Lisbon) operated from Florence
Airport.
Passenger traffic in Uruguay declined 4.2% compared to June 2017
mainly as a result of the devaluation of the Real against the US
Dollar and to a lower degree as a result of the devaluation of the
Argentinean Peso against the US Dollar, which resulted in a
decrease in Brazilian and Argentinean passengers, respectively.
Cargo Volume and Aircraft
Movements
Cargo volume was up 4.7% in June 2018. Growth was
primarily driven by Brazil which posted a 30.2% YoY increase,
followed by a 36.7% increase in Ecuador, both as a result of
improved economic conditions.
Aircraft movements increased by 4.8% in June 2018 mainly
driven by Argentina, up 7.3% during the period, followed by Peru
and Brazil, with an increase of 15.2% and 2.2% respectively.
Summary Passenger Traffic, Cargo Volume and Aircraft
Movements
Jun’18 Jun’17 % Var.
YTD’18 YTD’17 % Var. Passenger
Traffic (thousands)
Argentina 2,726 2,672 2.0% 19,074
17,499 9.0% Italy 855 821 4.2%
3,757 3,653 2.8% Brazil 1,642
1,478 11.1% 9,822 9,288 5.7% Uruguay
154 161 -4.2% 1,195 1,150
3.9% Ecuador 358 326 9.6% 2,131
2,035 4.7% Armenia 251 219 14.8%
1,206 1,091 10.5% Peru 278 242
14.7% 1,639 1,400 17.1%
TOTAL
6,265 5,920 5.8%
38,823 36,116 7.5%
Cargo Volume (tons)
Argentina 16,133
17,045 -5.4% 117,042 99,987 17.1% Italy
1,188 939 26.5% 5,686 5,404
5.2% Brazil 5,731 4,403 30.2%
29,781 25,861 15.2% Uruguay 2,226 2,321
-4.1% 13,551 13,567 -0.1% Ecuador
3,494 2,555 36.7% 20,533 17,152
19.7% Armenia 1,440 1,591 -9.5%
7,799 10,863 -28.2% Peru 402 381
5.6% 2,358 2,308 2.2%
TOTAL
30,614 29,235 4.7%
196,750 175,141 12.3%
Aircraft Movements
Argentina 34,566 32,204
7.3% 219,337 203,024 8.0% Italy
7,988 7,911 1.0% 35,930 36,489
-1.5% Brazil 15,189 14,861 2.2% 91,156
89,693 1.6% Uruguay 2,171 2,284
-4.9% 18,070 17,540 3.0% Ecuador 6,662
6,639 0.3% 38,040 39,939 -4.8%
Armenia 2,045 1,846 10.8% 10,951
9,838 11.3% Peru 2,779 2,413 15.2%
15,442 13,083 18.0%
TOTAL
71,400 68,158 4.8%
428,926 409,606 4.7%
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, Corporación América Airports 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20180716005902/en/
Corporación AméricaInvestor Relations Contact:Gimena
Albanesi, +5411 4852-6411gimena.albanesi@caairports.com
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