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Corporacion America Airports reports October traffic

Nov. 16, 2018 6:06 AM ETCorporación América Airports S.A. (CAAP) StockBy: Niloofer Shaikh, SA News Editor
  • Corporacion America Airports (NYSE:CAAP) reports passenger traffic rose 4.5% to 7.07M in October, primarily reflecting growth of 5.6% in Argentina, 4.9% in Italy and 14.2% in Armenia.
  • Domestic passenger: 4.05M (+11.3% Y/Y); International passenger: 2.28M (-3% Y/Y) and Transit passenger 736K (-4.9% Y/Y).
  • Cargo volume fell 3.6% to 41.01KT, mainly impacted by a 12.7% decline in Argentina.
  • Total aircraft movements increased 2.3% Y/Y to 76.5K.

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