LUXEMBOURG--(BUSINESS WIRE)--May 16, 2025--
Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”), one of the leading private airport operators in the world, reported today a 14.0% year-on-year (YoY) increase in passenger traffic in April 2025.
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Passenger Traffic Overview
Total passenger traffic increased by 14.0% in April compared to the same month in 2024. Domestic passenger traffic rose by 13.5% year-over-year (YoY), largely driven by a recovery in Argentina, as well as strong performances in Brazil and Italy. Meanwhile, international traffic grew by 14.1%, with all operating countries contributing positively YoY — except Ecuador — and with particularly strong performances in Brazil, Uruguay, and Italy. Notably, Argentina accounted for over 60% of the total traffic growth in April.
In Argentina, total passenger traffic increased by 16.4% YoY, primarily driven by the ongoing recovery in domestic traffic, which rose by 13.9% YoY — marking two consecutive months of double-digit growth. JetSMART, which recently introduced the Aeroparque-Resistencia and Aeroparque-Trelew routes, continued to gain market share and is currently the second-largest domestic operator. During April, Aerolíneas Argentinas resumed its Salta-Rosario and Neuquén-Rosario routes, while Andes Líneas Aéreas incorporated two Boeing 737-700 aircraft into its fleet. International passenger traffic also remained strong, increasing by a solid 21.1% YoY. JetSMART increased the frequency of its Buenos Aires–Asunción route, while GOL resumed operations between Córdoba and São Paulo and announced it will offer daily flights between Buenos Aires and Brasília. Also in April, SKY inaugurated its Buenos Aires–Salvador de Bahía route, and Arajet increased frequencies on its Buenos Aires–Punta Cana route.
In Italy, passenger traffic grew by 11.2% compared to the same month in 2024, mainly supported by an increase in flight frequencies by Ryanair. International passenger traffic — which accounted for over 80% of total traffic — rose by 10.3% YoY, driven by a 13.2% increase at Florence Airport and an 8.3% increase at Pisa Airport. Domestic passenger traffic grew by 15.0% YoY, driven by a robust performance at Pisa Airport.
In Brazil, total passenger traffic increased by a solid 16.8% YoY, reflecting an improvement in traffic trends despite the still challenging aviation environment and aircraft constraints in the country. Domestic traffic, which accounted for nearly 60% of total traffic, rose by 16.2% YoY, while transit passengers increased by 12.8% YoY.
In Uruguay, total passenger traffic — predominantly international — rose by 17.1% YoY, benefiting from additional demand generated by the Easter holiday. In March, Azul Linhas Aéreas announced a new direct route between Montevideo and Campinas, with five weekly flights. This new connection will help strengthen ties between Uruguay and Brazil, facilitating passenger flow and promoting the development of new commercial and tourism opportunities.
In Ecuador, where security concerns persist, passenger traffic decreased by 1.8% YoY. International traffic declined by 3.3% YoY, mainly due to reduced operations to the U.S., while domestic traffic decreased slightly by 0.6% YoY, impacted by high airfares that have dampened travel demand.
In Armenia, passenger traffic increased by 7.8% YoY. Travel demand has benefited from the introduction of new airlines and routes, as well as increased flight frequencies. Wizz Air recently announced the opening of a new base at Yerevan’s Zvartnots Airport, with two aircraft and eight new direct routes to Europe.
Cargo Volume and Aircraft Movements
Cargo volume decreased by 2.3% compared to the same month in 2024, mainly due to volume reductions in Uruguay and Ecuador. Performance by country was as follows: Argentina (-0.5%), Uruguay (-14.2%), Italy (-1.0%), Armenia (+7.8%), Brazil (+2.4%), and Ecuador (-17.6%). Argentina, Brazil, and Armenia accounted for 80% of the total cargo volume in April.
Aircraft movements increased by 11.3% YoY, with positive contributions from all countries of operation: Argentina (+13.4%), Uruguay (+23.1%), Italy (+7.0%), Armenia (+10.8%), Brazil (+7.9%), and Ecuador (+6.5%). Argentina, Brazil, and Italy accounted for more than 80% of total aircraft movements in April.
Summary Passenger Traffic, Cargo Volume and Aircraft Movements (2025 vs. 2024)
About Corporación América Airports
Corporación América Airports acquires, develops and operates airport concessions. Currently, the Company operates 52 airports in 6 countries across Latin America and Europe (Argentina, Brazil, Uruguay, Ecuador, Armenia and Italy). In 2024, Corporación América Airports served 79.0 million passengers, 2.7% (or 0.4% excluding Natal) below the 81.1 million passengers served in 2023, and 6.2% below the 84.2 million served in 2019. 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.
Monthly Passenger Traffic Performance (In million PAX)
DUBAI, United Arab Emirates (AP) — The death toll from nationwide protests in Iran surpassed 2,000 people on Tuesday, activists said, as Iranians made phone calls abroad for the first time in days after authorities severed communications during a crackdown on demonstrators.
The number of dead climbed to at least 2,003, as reported by the U.S.-based Human Rights Activists News Agency. That figure dwarfs the death toll from any other round of protest or unrest in Iran in decades and recalls the chaos surrounding the country's 1979 Islamic Revolution.
Iranian state television offered the first official acknowledgment of the deaths, quoting an official saying the country had “a lot of martyrs” and that it did not release a toll earlier because of the dead suffering gruesome injuries. However, that statement came only after activists reported their toll.
The demonstrations began a little over two weeks ago in anger over Iran’s ailing economy and soon targeted the theocracy, particularly 86-year-old Supreme Leader Ayatollah Ali Khamenei. Images obtained Tuesday by The Associated Press from demonstrations in Tehran showed graffiti and chants calling for Khamenei's death — something that could carry a death sentence.
Soon after the new death toll became public, U.S. President Donald Trump wrote on his Truth Social platform: “Iranian Patriots, KEEP PROTESTING - TAKE OVER YOUR INSTITUTIONS!!!”
He added: “I have cancelled all meetings with Iranian Officials until the senseless killing of protesters STOPS. HELP IS ON ITS WAY.” Trump did not give details.
Iranian Foreign Minister Abbas Araghchi, speaking to the Qatar-funded satellite news network Al Jazeera in an interview aired Monday night, said he had continued to communicate with U.S. envoy Steve Witkoff.
But after Trump's message Tuesday, top Iranian security official Ali Larijani responded by writing: “We declare the names of the main killers of the people of Iran: 1- Trump 2-” Israeli Prime Minister Benjamin Netanyahu.
The activist group said 1,850 of the dead were protesters and 135 were government-affiliated. Nine children were killed, along with nine civilians it said were not taking part in protests. More than 16,700 people have been detained, the group said.
With the internet down in Iran, gauging the demonstrations from abroad has grown more difficult. The AP has been unable to independently assess the toll. Iran’s government has not offered overall casualty figures.
Skylar Thompson with the Human Rights Activists News Agency told AP the new toll was shocking, particularly since it reached four times the death toll of the monthslong 2022 Mahsa Amini protests in just two weeks.
She warned that the toll would still rise: “We’re horrified, but we still think the number is conservative."
Speaking by phone for the first time since their calls were cut off from the outside world, Iranian witnesses described a heavy security presence in central Tehran, burned-out government buildings, smashed ATMs and few passersby. Meanwhile, people were concerned about what comes next, including the possibility of a U.S. attack.
“My customers talk about Trump’s reaction while wondering if he plans a military strike against the Islamic Republic,” said shopkeeper Mahmoud, who gave only his first name out of concern for his safety. “I don’t expect Trump or any other foreign country cares about the interests of Iranians.”
Reza, a taxi driver who also gave just his first name, said protests are on many people's minds. “People — particularly young ones — are hopeless, but they talk about continuing the protests,” he said.
Several people in Tehran were able to call the AP on Tuesday and speak to a journalist. The AP bureau in Dubai, United Arab Emirates, was unable to call those numbers back. Witnesses said text messaging was still down, and internet users in Iran could connect to government-approved websites locally but nothing abroad.
Anti-riot police officers wore helmets and body armor while carrying batons, shields, shotguns and tear gas launchers, according to the witnesses. Police stood watch at major intersections. Nearby, witnesses saw members of the Revolutionary Guard's all-volunteer Basij force, who carried firearms and batons. Security officials in plainclothes were visible in public spaces.
Several banks and government offices were burned during the unrest, witnesses said. Banks struggled to complete transactions without the internet, they added.
Shops were open, though there was little foot traffic in the capital. Tehran's Grand Bazaar, where the demonstrations began Dec. 28 over the collapse of Iran's rial currency, opened Tuesday. A witness described speaking to multiple shopkeepers who said security forces ordered them to reopen no matter what. Iranian state media did not acknowledge that order.
The witnesses spoke on condition of anonymity for fear of reprisal.
It also appeared that security service personnel were searching for Starlink terminals, as people in northern Tehran reported authorities raiding apartment buildings with satellite dishes. While satellite television dishes are illegal, many in the capital have them in homes, and officials broadly had given up on enforcing the law in recent years.
On the streets, people also could be seen challenging plainclothes security officials, who were stopping passersby at random.
State television also read a statement about mortuary and morgue services being free — a signal that some likely charged high fees for the release of bodies amid the crackdown.
Khamenei, in a statement carried by state TV, praised the tens of thousands who took part in pro-government demonstrations nationwide on Monday.
“This was a warning to American politicians to stop their deceit and not rely on traitorous mercenaries,” he said. “The Iranian nation is strong and powerful and aware of the enemy.”
State TV on Monday aired chants from the crowd, which appeared to number in the tens of thousands. They chanted “Death to America!” and “Death to Israel!” Others cried out, “Death to the enemies of God!” Iran’s attorney general has warned that anyone taking part in protests will be considered an “enemy of God,” a death-penalty charge.
In this photo obtained by The Associated Press, Iranians attend an anti-government protest in Tehran, Iran, Thursday, Jan. 8, 2026.(UGC via AP)
In this photo obtained by The Associated Press, Iranians attend an anti-government protest in Tehran, Iran, Thursday, Jan. 8, 2026. (UGC via AP)
In this photo obtained by The Associated Press, Iranians attend an anti-government protest in Tehran, Iran, Friday, Jan. 9, 2026. (UGC via AP)
Iranians attend an anti-government protest in Tehran, Iran, Friday, Jan. 9, 2026. (AP Photo)
A slogan is written on a wall reading in Farsi: "Death to dictator" in an anti-government protest in Tehran, Iran, Saturday, Jan. 10, 2026. (AP Photo)
A placard is placed on bricks which reads in Farsi: "Long live the Shah," referring to the Pahlavi dynasty which was toppled by 1979 Islamic Revolution, in an anti-government protest in Tehran, Iran, Friday, Jan. 9, 2026. (AP Photo)
Iranians attend an anti-government protest in Tehran, Iran, Thursday, Jan. 8, 2026. (AP Photo)
Iranians attend an anti-government protest in Tehran, Iran, Friday, Jan. 9, 2026. (AP Photo)
This frame grab from videos taken between Jan. 9 and Jan. 11, 2026, and circulating on social media purportedly shows images from a morgue with dozens of bodies and mourners after crackdown on the outskirts of Iran's capital, in Kahrizak, Tehran Province. (UGC via AP)
A picture of Ayatollah Ali Khamenei is set alight by protesters outside the Iranian Embassy in London, Monday, Jan. 12, 2026. (AP Photo/Alastair Grant)
In this frame grab from footage circulating on social media shows protesters dancing and cheering around a bonfire as they take to the streets despite an intensifying crackdown as the Islamic Republic remains cut off from the rest of the world, in Tehran, Iran, Friday, Jan. 9, 2026.(UGC via AP)
In this frame grab from footage circulating on social media from Iran showed protesters once again taking to the streets of Tehran despite an intensifying crackdown as the Islamic Republic remains cut off from the rest of the world in Tehran, Iran, Saturday Jan. 10, 2026. (UGC via AP)
FILE - Protesters march on a bridge in Tehran, Iran, on Dec. 29, 2025. (Fars News Agency via AP, File)
