Recent Updates — CAAP
Corporación América Airports announced that its Argentine subsidiary, Aeropuertos Argentina, completed a US$400 million debt issuance on October 22, 2026. The bonds carry an 8.0% coupon and mature in 2036. Investor demand totaled approximately US$1.0 billion. Proceeds will refinance existing debt, extend the maturity profile of liabilities, strengthen liquidity, and fund US$600 million in committed direct investments under a plan agreed with the Argentine government. Corporación América Airports acquires, develops and operates airport concessions across Latin America and Europe.
Corporación América Airports reported a 3.4% year-over-year increase in total passenger traffic for September 2026, reaching 7,678 thousand passengers compared to 7,424 thousand in the prior year period. International traffic drove growth with a 7.2% rise to 3,185 thousand passengers, while domestic traffic declined slightly by 1.0%. Year-to-date passenger volume grew 2.5% to 65,973 thousand. Cargo volume increased modestly by 0.8%, and aircraft movements remained flat year-over-year at 74 thousand. The company operates airport concessions across six countries in Latin America and Europe.
Corporación América Airports S.A.'s subsidiary, Corporación América Italia S.p.A., acquired 1,077,402 shares of Toscana Aeroporti S.p.A. from SOGIM for EUR 19.0 million. The transaction increases CAAP's indirect economic interest in the Italian airport operator from 62.283% to 68.072%. Corporación América Airports acquires, develops and operates airport concessions across Latin America and Europe.
Corporación América Airports S.A. announced that the Government of Argentina approved a rebalancing of its concession agreement to address capital investment needs driven by passenger traffic growth. The revised terms include a total capital investment program of approximately $7.3 billion, with $1.5 billion deployed between 2027 and 2031. The concession term is extended by 18 years, expiring in February 2056, to restore economic equilibrium. An internal rate of return (IRR) of 14.30% was agreed upon, and domestic passenger tariffs will increase to $9.00 by January 1, 2027. The company operates airport concessions across Latin America and Europe.
Corporación América Airports S.A. reported August 2026 passenger traffic, showing a 0.9% year-over-year decline to 7,871 thousand passengers. Year-to-date traffic increased 2.4% to 58.29 million. International traffic rose 4.5%, driven by double-digit growth in Armenia (14.1%) and Uruguay (4.7%), while domestic traffic fell 7.4%. Argentina saw a 5.3% total decline due to Flybondi’s capacity contraction, whereas Italy grew 3.0% and Brazil increased 0.5%. Cargo volume decreased 1.8%, and aircraft movements dropped 3.5%. The company operates airport concessions across Latin America and Europe.
Corporación América Airports S.A. filed unaudited condensed consolidated interim financial statements for the three and six-month periods ended June 30, 2026. For the first half of 2026, revenue increased to $1,070.6 million from $910.3 million in the prior year period, while operating income rose to $244.7 million from $218.0 million. Net income attributable to parent owners reached $129.6 million compared to $88.6 million previously, with basic earnings per share of $0.79 versus $0.55. The company reported total assets of $4,870.8 million and cash and cash equivalents of $692.5 million as of June 30, 2026. Corporación América Airports S.A. operates in the airport infrastructure industry, owning and managing airports across Latin America.