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Stock news
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 a 64.4% year-over-year (YoY) decline in passenger traffic in January 2021.
Corporación América Airports S.A. (NYSE: CAAP), ("CAAP" or the "Company") the largest private sector airport operator in the world by number of airports, announced that the Argentine airport regulator, Organismo Regulador del Sistema Nacional de Aeropuertos ("ORSNA") published today Resolution No. 4/2021 in the Official Gazette which establishes among others:
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 a 68.8% year-over-year (YoY) decline in passenger traffic in December 2020.
Corporación América Airports S.A. (NYSE: CAAP), ("CAAP" or the "Company") the largest private sector airport concession operator in the world by number of airports, announced today that the Argentine Government issued Presidential Decree No. 1009/2020, which ratifies the Concession Agreement Extension entered into between Aeropuertos Argentina 2000 S.A. ("AA2000") and the Organismo Regulador del Sistema Nacional de Aeropuertos ("ORSNA") on November 30, 2020.
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 a 77.1% year-over-year (YoY) decline in passenger traffic in November 2020.
Shares of Corporacion America Airports (NYSE: CAAP) gained more than 50% on Tuesday morning after the airport operator announced a 10-year extension to operate airports in Argentina. Airports in Argentina represent a significant portion of CAAP's overall portfolio, and investors are breathing a sigh of relief in sending the shares higher. With travel demand down, so too is airport revenue, leading airport owners and operators to rethink spending plans.