Corporación América Airports S.A. Reports May 2025 Passenger Traffic

News

Corporación América Airports S.A. Reports May 2025 Passenger Traffic

2025-06-18 04:32 Last Updated At：04:51

LUXEMBOURG--(BUSINESS WIRE)--Jun 17, 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 15.9% year-on-year (YoY) increase in passenger traffic in May 2025.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250617122295/en/

Passenger Traffic Overview

Total passenger traffic increased by 15.9% in May compared to the same month in 2024. Domestic passenger traffic rose by 18.4% year over year (YoY), largely driven by Argentina, along with strong performances in Brazil and Italy. Meanwhile, international traffic grew by 12.1%, with all operating countries contributing positively YoY—except Ecuador—and particularly strong results in Brazil, Argentina, Italy, and Uruguay. Notably, Argentina accounted for 66% of the total traffic growth in May.

In Argentina, total passenger traffic increased by 21.4% YoY, primarily driven by the ongoing recovery in domestic traffic, which rose by 22.2% YoY—marking three consecutive months of double-digit growth. JetSMART, which has been introducing new routes in recent months, continued to gain market share, serving 157% more passengers than in the same month last year. Aerolíneas Argentinas saw its market share decline by 2 percentage points; however, it carried 18% more passengers than in May 2024, boosted by the final match of the Argentine Football Cup. Flybondi’s market share decreased by 11 percentage points compared to the same month last year. International passenger traffic also remained strong, increasing by a solid 19.6% YoY. JetSMART began operating flights between Mendoza and Rio de Janeiro with two weekly frequencies, while GOL inaugurated the Aeroparque–Porto Alegre route with three weekly frequencies. Load factors on routes to Europe and the U.S. either slightly increased or remained stable in May.

In Italy, passenger traffic grew by 10.3% 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 9.4% YoY, driven by a 14.0% increase at Florence Airport and a 6.0% increase at Pisa Airport. Domestic passenger traffic grew by 15.0% YoY, fueled by a robust performance at Pisa Airport and supported by the aforementioned increase in flight frequencies by Ryanair.

In Brazil, total passenger traffic increased by a solid 16.4% YoY, reflecting an improvement in traffic trends despite the ongoing challenges in the aviation environment and aircraft constraints in the country. Domestic traffic, which accounted for nearly 60% of total traffic, rose by 14.0% YoY, while transit passengers increased by 17.7% YoY. Notably, although representing a small share of total traffic (5%), international traffic grew strongly by 41.2% YoY.

In Uruguay, total passenger traffic—predominantly international—rose by 8.3% YoY, showing a slight sequential deceleration from April, which had benefited from additional demand generated by the Easter holiday. Azul Linhas Aéreas announced a new direct route between Montevideo and Campinas, with five weekly flights starting in July. 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 0.8% YoY. International traffic declined by 1.0% YoY, mainly due to reduced operations to the U.S., while domestic traffic increased slightly by 0.3% YoY, impacted by high airfares that have dampened travel demand.

In Armenia, passenger traffic increased by 7.3% 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 increased by 6.6% compared to the same month in 2024, with positive YoY contributions from all countries of operations except for Italy. Performance by country was as follows: Brazil (+21.1%), Armenia (+19.7%), Uruguay (+14.8%), Ecuador (+4.3%), Argentina (+0.3%), and Italy (-5.9%). Argentina, Brazil, and Uruguay accounted for almost 80% of the total cargo volume in May.

Aircraft movements increased by 10.1% YoY, with positive contributions from all countries of operation: Argentina (+12.7%), Uruguay (+12.4%), Brazil (+9.2%), Armenia (+8.8%), Italy (+8.0%), and Ecuador (+1.5%). Argentina, Brazil, and Italy accounted for more than 80% of total aircraft movements in May.

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.

Video captures Minneapolis immigration arrest in a city on edge after shooting of Renee Good

MINNEAPOLIS (AP) — Federal agents carrying out immigration arrests in Minnesota's Twin Cities region already shaken by the fatal shooting of a woman rammed the door of one home Sunday and pushed their way inside, part of what the Department of Homeland Security has called its largest enforcement operation ever.

In a dramatic scene similar to those playing out across Minneapolis, agents captured a man in the home just minutes after pepper spraying protesters outside who had confronted the heavily armed federal agents. Along the residential street, protesters honked car horns, banged on drums and blew whistles in attempts to disrupt the operation.

Video of the clash taken by The Associated Press showed some agents pushing back protesters while a distraught woman later emerged from the house with a document that federal agents presented to arrest the man. Signed by an immigration officer, the document — unlike a warrant signed by a judge — does not authorize forced entry into a private residence. A warrant signed by an immigration officer only authorizes arrest in a public area.

Immigrant advocacy groups have conducted extensive “know-your-rights” campaigns urging people not to open their doors unless agents have a court order signed by a judge.

But within minutes of ramming the door in a neighborhood filled with single-family homes, the handcuffed man was led away.

More than 2,000 immigration arrests have been made in Minnesota since the enforcement operation began at the beginning of December, said Homeland Security spokesperson Tricia McLaughlin.

Homeland Security Secretary Kristi Noem told Fox News on Sunday that the administration would send additional federal agents to Minnesota to protect immigration officers and continue enforcement.

The Twin Cities — the latest target in President Donald Trump’s immigration enforcement campaign — is bracing for what is next after 37-year-old Renee Good was shot and killed by an immigration officer on Wednesday.

“We’re seeing a lot of immigration enforcement across Minneapolis and across the state, federal agents just swarming around our neighborhoods,” said Jason Chavez, a Minneapolis city councilmember. “They’ve definitely been out here.”

Chavez, the son of Mexican immigrants who represents an area with a growing immigrant population, said he is closely monitoring information from chat groups about where residents are seeing agents operating.

People holding whistles positioned themselves in freezing temperatures on street corners Sunday in the neighborhood where Good was killed, watching for any signs of federal agents.

More than 20,000 people have taken part in a variety of trainings to become “observers” of enforcement activities in Minnesota since the 2024 election, said Luis Argueta, a spokesperson for Unidos MN, a local human rights organization .

“It’s a role that people choose to take on voluntarily, because they choose to look out for their neighbors,” Argueta said.

The protests have been largely peaceful, but residents remained anxious. On Monday, Minneapolis public schools will start offering remote learning for the next month in response to concerns that children might feel unsafe venturing out while tensions remain high.

Many schools closed last week after Good’s shooting and the upheaval that followed.

While the enforcement activity continues, two of the state’s leading Democrats said that the investigation into Good's shooting death should not be overseen solely by the federal government.

Minneapolis Mayor Jacob Frey and U.S. Sen. Tina Smith said in separate interviews Sunday that state authorities should be included in the investigation because the federal government has already made clear what it believes happened.

“How can we trust the federal government to do an objective, unbiased investigation, without prejudice, when at the beginning of that investigation they have already announced exactly what they saw — what they think happened," Smith said on ABC’s "This Week."

The Trump administration has defended the officer who shot Good in her car, saying he was protecting himself and fellow agents and that Good had “weaponized” her vehicle.

Todd Lyons, acting director of U.S. Immigration and Customs Enforcement, defended the officer on Fox News Channel’s “The Sunday Briefing.”

"That law enforcement officer had milliseconds, if not short time to make a decision to save his life and his other fellow agents,” he said.

Lyons also said the administration’s enforcement operations in Minnesota wouldn't be needed “if local jurisdictions worked with us to turn over these criminally illegal aliens once they are already considered a public safety threat by the locals.”

The killing of Good by an ICE officer and the shooting of two people by federal agents in Portland, Oregon, led to dozens of protests in cities across the country over the weekend, including New York, Los Angeles, Washington D.C. and Oakland, California.

Contributing were Associated Press journalists Giovanna Dell’Orto in Minneapolis; Thomas Strong in Washington; Bill Barrow in Atlanta; Christopher Weber in Los Angeles; and John Seewer in Toledo, Ohio.