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

LUXEMBOURG--(BUSINESS WIRE)--Aug 21, 2025--

Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”), one of the leading private airport operators in the world, reported today an 8.2% year-on-year (YoY) increase in passenger traffic in July 2025.

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Passenger Traffic Overview

Total passenger traffic increased by 8.2% in July compared to the same month in 2024. Domestic passenger traffic rose by 9.0% year over year (YoY), largely driven by Argentina, along with strong performances in Brazil, Italy and, to a lesser extent, Ecuador. Meanwhile, international traffic grew by 7.2%, with all operating countries contributing positively YoY—except Uruguay—and particularly strong results in Argentina, Brazil, Italy and Armenia. Notably, Argentina accounted for over 70% of the total traffic growth in July.

In Argentina, total passenger traffic increased by 11.4% YoY, driven by double-digit growth in international traffic and high single-digit growth in domestic traffic. Domestic traffic continued its strong performance, rising by 9.9% YoY. JetSMART continued to gain market share, adding another Airbus A321neo to its fleet—now totaling 17 aircraft—with capacity for 230 passengers. Aerolíneas Argentinas began operating the Córdoba–Esquel route and incorporated a new Boeing 737 MAX 8 into its MAX family, as part of its narrow-body fleet modernization plan. International traffic also remained strong, increasing by 13.2% YoY. LATAM increased frequencies between Córdoba and Lima, offering for the first time ten weekly flights, initially on a seasonal basis. JetSMART inaugurated its Buenos Aires–Recife route with four weekly flights, while GOL resumed seasonal service from São Paulo to Bariloche with three weekly flights. Notably, operations at Aeroparque and Ezeiza airports were temporarily affected by adverse weather conditions on July 8.

In Italy, passenger traffic grew by 6.5% 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 5.9% YoY, driven by a 12.4% increase at Florence Airport and a 2.1% increase at Pisa Airport. Domestic passenger traffic grew by 8.2% YoY, supported by a strong performance at Pisa Airport due to the increase in Ryanair’s flight frequencies, partially offset by a 3.3% decline at Florence Airport.

In Brazil, total passenger traffic increased by 6.0% YoY, reflecting an improvement in traffic trends despite ongoing challenges in the aviation environment and aircraft constraints in the country. Domestic traffic, which accounted for nearly 60% of total traffic, rose by 7.8% YoY, while transit passengers increased by 2.7% YoY. Notably, although representing a small share of total traffic (6%), international traffic grew by 10.0% YoY.

In Uruguay, total passenger traffic — predominantly international — declined by 5.5% YoY. Azul Linhas Aéreas inaugurated a new direct route between Montevideo and Campinas, with five weekly flights. Traffic in July was impacted by the removal of the Montevideo–Buenos Aires route by JetSMART, as well as several days of adverse weather conditions that led to flight cancellations.

In Ecuador, where security concerns persist, passenger traffic remained largely flat YoY. International traffic declined slightly by 0.7% YoY, mainly due to reduced operations to the U.S., while domestic traffic rose by 2.1% YoY, although high airfares continued to dampen travel demand.

In Armenia, passenger traffic increased by 6.8% 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 increased by 2.1% compared to the same month in 2024, with positive YoY contributions from all countries of operations except for Ecuador and Brazil. Performance by country was as follows: Uruguay (+26.2%), Armenia (+13.5%), Italy (+4.7%), Argentina (+0.7%), Brazil (-0.7%), and Ecuador (-13.2%). Argentina, Brazil, and Armenia accounted for almost 80% of the total cargo volume in July.

Aircraft movements increased by 6.4% YoY, with positive contributions from all countries of operation, except Uruguay: Armenia (+11.4%), Italy (+9.0%), Argentina (+6.8%), Ecuador (+5.5%), Brazil (+4.0%), and Uruguay (-4.4%). Argentina, Brazil, and Italy accounted for more than 80% of total aircraft movements in July.

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)

Iran's top judge hinted at fast trials and executions for those who were detained in nationwide protests against the country's theocracy, even as activists said Wednesday that the death toll rose to levels unseen in decades with at least 2,572 people killed so far.

Iran’s judiciary chief Gholamhossein Mohseni-Ejei made the comments about trials and executions in a video Tuesday, despite a warning from U.S. President Donald Trump that he would “take very strong action” if executions take place.

The U.S.-based Human Rights Activists News Agency said the number of dead climbed to at least 2,571 early Wednesday. The 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.

After Trump was informed on the number of deaths, he warned Iran's leaders that he was terminating any negotiations and would “act accordingly.”

Details of the crackdown began emerging Tuesday as Iranians made phone calls abroad for the first time in days after authorities severed communications countrywide when the protests broke out.

Here is the latest:

Iranian state television said Wednesday’s mass funeral in Tehran would include 300 bodies of security force members and civilians. The funeral is expected to take place at Tehran University under heavy security.

The Human Rights Activists News Agency, which is tracking the death toll, said more than 2,550 people have been killed, 2,403 protesters and 147 government-affiliated.

Twelve children were killed, along with nine civilians it said were not taking part in protests. More than 18,100 people have been detained, the group said.

Gauging the demonstrations and the death toll from abroad has grown more difficult and The Associated Press has been unable to independently assess the toll given the communications being disrupted in the country.

Melanie Lidman contributed from Jerusalem.

Trump’s decision to impose a 25% tariff on countries that trade with Iran could impact India, an expert said, as New Delhi already faces existing 50% U.S. trade levies due its purchases of Russian oil.

Abhijit Mukhopadhyay, a senior economist at the Chintan Research Foundation in New Delhi, said the bigger risk is not India-Iran trade, but India’s access to the U.S. market as its exports to Iran are modest.

India mainly exports rice, tea, sugar, pharmaceuticals and electrical machinery to Iran, while importing dry fruits and chemical products. Textiles and garments, gems and jewelry and engineering goods are likely to be the most vulnerable sectors, he said.

Trump’s latest move also could affect India’s investments in Iran including the strategically important Chabahar port, which gives India a trade route to Afghanistan, Central Asia and Europe while bypassing Pakistan, Mukhopadhyay said.

Iran’s judiciary chief signals fast trials and executions for those detained in nationwide protests.

Gholamhossein Mohseni-Ejei made the comment in a video shared by Iranian state television on Wednesday.

He emphasized the need for swift action, saying delays would lessen the impact.

His remarks challenge Trump, who warned Iran about executions in an interview aired Tuesday.

Trump stated the U.S. would take strong action if Iran proceeded with executions. The situation highlights escalating tensions between the two countries over the handling of the protests.

Dozens of Pakistani students studying in Iran have returned home through a remote southwestern border crossing, a Pakistani immigration official said Wednesday.

Federal Investigation Agency spokesperson in Quetta city, Samina Raisani, said about 60 students crossed into Pakistan on Tuesday through Gabd border in Balochistan province with valid travel documents.

More students were expected to return through the same crossing later Wednesday, she said.

Mudassir Tipu, Pakistan’s ambassador to Iran, said Tuesday that Iranian universities had rescheduled exams and permitted international students to leave the country.

The satellite internet provider Starlink now offers free service in to people Iran who have access to the company's receivers, activists said Wednesday.

Mehdi Yahyanejad, a Los Angeles-based activist who helped get the units into Iran, told The Associated Press that the free service had started. Other activists also confirmed in messages online that the service was free.

Starlink has been the only way for Iranians to communicate with the outside world since authorities shut down the internet Thursday night as nationwide protests swelled and they began a bloody crackdown against demonstrators.

Starlink did not immediately acknowledge the decision.

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)