Corporación América Airports S.A. Reports 5.8% YoY Increase in Total Passenger Traffic in June 2018

LUXEMBOURG–(BUSINESS WIRE)–Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the
“Company”) the largest private sector airport operator in the world by
number of airports, reported today preliminary year-over-year passenger
traffic growth of 5.8% in June 2018.

Passenger Traffic, Cargo Volume and Aircraft Movements Highlights

 

 

 

 

 

 

Statistics

 

Jun’18

 

Jun’17

 

% Var.

 

YTD’18

 

YTD’17

 

% Var

Domestic Passengers (thousands)

 

3,396

 

3,064

 

10.8%

 

20,936

 

19,466

 

7.6%

International Passengers (thousands)

 

2,209

 

2,212

 

-0.2%

 

13,587

 

12,912

 

5.2%

Transit Passengers (thousands)

 

660

 

643

 

2.6%

 

4,300

 

3,738

 

15.0%

Total Passengers (thousands)

 

6,265

 

5,920

 

5.8%

 

38,823

 

36,116

 

7.5%

Cargo Volume (thousand tons)

 

30.6

 

29.2

 

4.7%

 

196.8

 

175.1

 

12.3%

Total Aircraft Movements (thousands)

 

71.4

 

68.2

 

4.8%

 

428.9

 

409.6

 

4.7%

Passenger Traffic Overview

Total passenger traffic in June 2018 increased by 5.8% compared
to the same period of 2017, primarily reflecting growth of 11.1% in
Brazil, 2.0% in Argentina and 4.2% in Italy.

In Brazil, passenger traffic at Brasilia Airport continued to recover
increasing by 12.0% in June 2018, mainly due to 16.8% growth in domestic
passengers. This increase was driven by additional frequencies in
existing routes to several domestic destinations by Gol, Latam and Azul
which increased their weekly flights by 13%, 8% and 18%, respectively.

In Argentina, domestic traffic increased 9% YoY, partially offset by
declines of 7% and 14% in international and transit passengers,
respectively reflecting the initial impact of the currency depreciation
and more challenging macro conditions. Additional routes and flights to
existing destinations were added in Argentina during the last twelve
months. Aerolineas Argentinas added new frequencies to Madrid, Punta
Cana, Río de Janeiro and São Pablo. Copa Airlines also increased its
monthly frequencies from both Aeroparque and Ezeiza to Panama, Latam
added frequencies to São Pablo. Low-cost carriers continued to expand
operations during this period. LEVEL began flying from Ezeiza to
Barcelona, Gol added new frequencies to São Pablo and Recife, and Azul
Linhas Aereas added frequencies to Belo Horizonte.

In addition, low-cost carrier Fly Bondi, flying out of El Palomar
Airport, continued to increase connectivity throughout Argentina by
adding flights to Salta Airport, and by increasing the overall number of
frequencies it offers across the country.

The Company’s Italian airports reported a 4.2% YoY increase in traffic,
mainly due to the opening of new international and domestic flights, and
the addition of new frequencies, that are taking place during the
Italian summer season. Operating at Pisa Airport, Pobeda opened a new
route to St. Petersburg and added frequencies to Moscow. In addition,
Ryanair expanded its Pisa Airport network and added frequencies to both
domestic and international destinations. Moreover, TAP opened a new
international route to Portugal (Lisbon) operated from Florence Airport.

Passenger traffic in Uruguay declined 4.2% compared to June 2017 mainly
as a result of the devaluation of the Real against the US Dollar and to
a lower degree as a result of the devaluation of the Argentinean Peso
against the US Dollar, which resulted in a decrease in Brazilian and
Argentinean passengers, respectively.

Cargo Volume and Aircraft Movements

Cargo volume was up 4.7% in June 2018. Growth was
primarily driven by Brazil which posted a 30.2% YoY increase, followed
by a 36.7% increase in Ecuador, both as a result of improved economic
conditions.

Aircraft movements increased by 4.8% in June 2018 mainly driven
by Argentina, up 7.3% during the period, followed by Peru and Brazil,
with an increase of 15.2% and 2.2% respectively.

Summary Passenger Traffic, Cargo Volume and Aircraft Movements

 

 

 

 

 

 

 

 

Jun’18

 

Jun’17

 

% Var.

 

YTD’18

YTD’17

% Var.

Passenger Traffic (thousands)

 

 

 

 

 

 

Argentina

 

2,726

 

2,672

 

2.0%

 

19,074

 

17,499

 

9.0%

Italy

 

855

 

821

 

4.2%

 

3,757

 

3,653

 

2.8%

Brazil

 

1,642

 

1,478

 

11.1%

 

9,822

 

9,288

 

5.7%

Uruguay

 

154

 

161

 

-4.2%

 

1,195

 

1,150

 

3.9%

Ecuador

 

358

 

326

 

9.6%

 

2,131

 

2,035

 

4.7%

Armenia

 

251

 

219

 

14.8%

 

1,206

 

1,091

 

10.5%

Peru

 

278

 

242

 

14.7%

 

1,639

 

1,400

 

17.1%

TOTAL

 

6,265

 

5,920

 

5.8%

 

38,823

 

36,116

 

7.5%

 

Cargo Volume (tons)

 

 

 

 

 

 

 

 

 

 

Argentina

 

16,133

 

17,045

 

-5.4%

 

117,042

 

99,987

 

17.1%

Italy

 

1,188

 

939

 

26.5%

 

5,686

 

5,404

 

5.2%

Brazil

 

5,731

 

4,403

 

30.2%

 

29,781

 

25,861

 

15.2%

Uruguay

 

2,226

 

2,321

 

-4.1%

 

13,551

 

13,567

 

-0.1%

Ecuador

 

3,494

 

2,555

 

36.7%

 

20,533

 

17,152

 

19.7%

Armenia

 

1,440

 

1,591

 

-9.5%

 

7,799

 

10,863

 

-28.2%

Peru

 

402

 

381

 

5.6%

 

2,358

 

2,308

 

2.2%

TOTAL

 

30,614

 

29,235

 

4.7%

 

196,750

 

175,141

 

12.3%

 

Aircraft Movements

 

 

 

 

 

 

 

 

 

 

Argentina

 

34,566

 

32,204

 

7.3%

 

219,337

 

203,024

 

8.0%

Italy

 

7,988

 

7,911

 

1.0%

 

35,930

 

36,489

 

-1.5%

Brazil

 

15,189

 

14,861

 

2.2%

 

91,156

 

89,693

 

1.6%

Uruguay

 

2,171

 

2,284

 

-4.9%

 

18,070

 

17,540

 

3.0%

Ecuador

 

6,662

 

6,639

 

0.3%

 

38,040

 

39,939

 

-4.8%

Armenia

 

2,045

 

1,846

 

10.8%

 

10,951

 

9,838

 

11.3%

Peru

 

2,779

 

2,413

 

15.2%

 

15,442

 

13,083

 

18.0%

TOTAL

 

71,400

 

68,158

 

4.8%

 

428,926

 

409,606

 

4.7%

To obtain the full text of this press release, please click on the
following link: http://investors.corporacionamericaairports.com

About Corporación América Airports

Corporación América Airports acquires, develops and operates airport
concessions. The Company is the largest private airport operator in the
world by the number of airports and the tenth largest based on passenger
traffic. Currently, the Company operates 52 airports in 7 countries
across Latin America and Europe (Argentina, Brazil, Uruguay, Peru,
Ecuador, Armenia and Italy). In 2017, Corporación América Airports
served 76.6 million passengers. 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.

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