UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20546
FORM
6-K
REPORT
OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the
month of July, 2024
Commission File Number:
333-221916
Corporación América
Airports S.A.
(Name of
Registrant)
128, Boulevard de la
Pétrusse
L-2330 Luxembourg
Tel: +35226258274
(Address of Principal Executive Office)
Indicate by check mark whether the registrant files
or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x Form
40-F ¨
Indicate by check mark if the registrant is submitting
the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨
Note: Regulation S-T Rule 101(b)(1) only permits
the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting
the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨
Note: Regulation S-T Rule 101(b)(7) only permits
the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must
furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the
registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities
are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the
registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other
Commission filing on EDGAR.
SIGNATURES
Pursuant to the requirements of
the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
Date: July 16, 2024
|
Corporación America Airports S.A. |
|
|
|
By: |
/s/ Andres Zenarruza |
|
Name: Andres Zenarruza |
|
Title: Head of Legal & Compliance |
|
|
|
By: |
/s/ Jorge Arruda |
|
Name: Jorge Arruda |
|
Title: Chief Financial Officer |
Exhibit Index
Exhibit
99.1
Corporación
América Airports S.A. Reports June 2024 Passenger Traffic
Total
passenger traffic down 8.9% YoY, or 6.7% YoY ex-Natal
International
passenger traffic up 9.4% YoY
Luxembourg,
July 16, 2024— Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”),
one of the leading private airport operators in the world, reported today a 8.9% year-on-year (YoY) decrease in passenger traffic in
June 2024. Excluding Natal for comparison purposes, total traffic in June decreased by 6.7% YoY.
Passenger
Traffic, Cargo Volume and Aircraft Movements Highlights (2024 vs. 2023) |
|
Statistics |
Jun'24 |
Jun'23 |
%
Var. |
|
YTD’24 |
YTD'23 |
%
Var. |
|
Domestic
Passengers (thousands) |
3,039 |
3,812 |
-20.3% |
|
19,337 |
21,679 |
-10.8% |
|
International
Passengers (thousands) |
2,595 |
2,371 |
9.4% |
|
14,441 |
13,065 |
10.5% |
|
Transit
Passengers (thousands) |
554 |
609 |
-9.1% |
|
3,399 |
3,482 |
-2.4% |
|
Total
Passengers (thousands)1 |
6,188 |
6,792 |
-8.9% |
|
37,177 |
38,226 |
-2.7% |
|
Cargo
Volume (thousand tons) |
30.5 |
29.3 |
4.3% |
|
183.0 |
175.9 |
4.0% |
|
Total
Aircraft Movements (thousands) |
65.3 |
73.0 |
-10.5% |
|
394.6 |
414.7 |
-4.8% |
|
1
Excluding Natal for comparison purposes, total passenger traffic was down 6.7% in June and 0.7% YTD.
Monthly
Passenger Traffic Performance
(In
million PAX)
Passenger
Traffic Overview
Total
passenger traffic declined 8.9% compared to the same month of 2023, or 6.7% when adjusting for the discontinuation of the Natal airport.
Domestic passenger traffic was down 20.3% year-over-year (YoY), or 17.0% when excluding Natal, mainly impacted by weaker performances
in Argentina and, to a lesser extent, Ecuador. International traffic was up 9.4%, mainly driven by Argentina, Italy and Uruguay.
In
Argentina, total passenger traffic declined 14.1% YoY, driven by weaker performance in domestic traffic, which was down by 22.3%
YoY. Domestic traffic, which last year benefited from incentives provided by a government program called 'Previaje' to boost domestic
tourism, continued to be impacted by some flight cancellations by Aerolíneas Argentinas and Flybondi, in addition to the prevailing
recession in the country. However, some tourist destinations, such as Bariloche and Jujuy, experienced sequential improvements compared
to the previous month. International passenger traffic continued to perform well, increasing by 12.1% YoY. During June, Avianca inaugurated
a new route from Ezeiza to Medellin, and ITA increased the frequency of its route from Ezeiza to Rome.
In
Italy, passenger traffic grew by 15.2% compared to the same month in 2023. International passenger traffic, which accounted for
over 80% of the total traffic, increased by 17.4% YoY, with strong performances at both Pisa and Florence airports. Domestic passenger
traffic increased by 6.9% YoY, driven by a 12.6% increase at Pisa airport which was partially offset by a decline of 5.6% at Florence
airport.
In
Brazil, total passenger traffic decreased by 14.9% YoY, or by 4.4% YoY when adjusting for the discontinuation of Natal Airport.
Domestic traffic, which accounted for almost 60% of the total traffic, was down 21.0% YoY, or 4.9% when excluding Natal, while transit
passengers were down 5.6% YoY. Traffic in Brazil remained heavily impacted by financial and aircraft constraints in some of the local
airlines, causing a lack of supply. As a reminder, following the friendly termination process concluded in February 2024, CAAP no longer
operates Natal Airport, effective February 19, 2024. Therefore, statistics for Natal are available up to February 18, 2024.
In
Uruguay, total passenger traffic, predominantly international, continued its recovery and increased by a strong 21.1% YoY. JetSMART
Airlines inaugurated a new route between Montevideo and Buenos Aires with two daily frequencies, which started operating on May 29, positively
impacting June traffic.
In
Ecuador, passenger traffic decreased by 6.6% YoY as the increase in international traffic was more than offset by weak performance
in domestic traffic. International passenger traffic increased by 4.7% YoY, while domestic traffic decreased by 15.7% YoY, mainly driven
by the exit of the local airline Equair and national insecurity issues.
In
Armenia, passenger traffic decreased by 4.8% YoY, following a strong recovery experienced in 2023, which benefited from the introduction
of new airlines, along with a higher number of flight frequencies.
Cargo
Volume and Aircraft Movements
Cargo
volume increased by 4.3% compared to the same month in 2023, with positive YoY contributions from Argentina, Ecuador, Brazil and,
to a lesser extent, Armenia, which were more than offset by negative YoY variances in Uruguay and Italy. Argentina, Ecuador, and Brazil
accounted for 80% of the total volume and experienced YoY increases of 4.7%, 25.8%, and 4.6%, respectively.
Aircraft
movements decreased by 10.5% YoY, with all countries of operation experiencing YoY declines except for Italy, where aircraft movements
increased by 6.1% YoY. Argentina, Brazil, and Italy accounted for more than 80% of total aircraft movements in June.
Summary
Passenger Traffic, Cargo Volume and Aircraft Movements (2024 vs. 2023)
|
Jun'24 |
Jun'23 |
%
Var. |
|
YTD'24 |
YTD'23 |
%
Var. |
|
Passenger
Traffic (thousands) |
|
|
|
|
|
|
|
|
Argentina |
3,011 |
3,506 |
-14.1% |
|
19,881 |
20,531 |
-3.2% |
|
Italy |
949 |
824 |
15.2% |
|
4,122 |
3,610 |
14.2% |
|
Brazil
(1) |
1,203 |
1,415 |
-14.9% |
|
7,413 |
8,372 |
-11.5% |
|
Uruguay |
163 |
135 |
21.1% |
|
1,120 |
930 |
20.5% |
|
Ecuador |
371 |
398 |
-6.6% |
|
2,284 |
2,385 |
-4.2% |
|
Armenia |
490 |
514 |
-4.8% |
|
2,356 |
2,399 |
-1.8% |
|
TOTAL |
6,188 |
6,792 |
-8.9% |
|
37,177 |
38,226 |
-2.7% |
|
(1) | Following
the friendly termination process concluded in February 2024, CAAP no longer operates Natal
airport. Statistics for Natal are available up to February 18, 2024. |
Cargo
Volume (tons) |
|
|
|
|
|
|
|
|
Argentina |
15,777 |
15,072 |
4.7% |
|
94,096 |
90,687 |
3.8% |
|
Italy
|
1,047 |
1,163 |
-10.0% |
|
6,359 |
6,735 |
-5.6% |
|
Brazil |
5,702 |
5,450 |
4.6% |
|
30,898 |
31,534 |
-2.0% |
|
Uruguay |
2,615 |
2,834 |
-7.7% |
|
15,214 |
15,950 |
-4.6% |
|
Ecuador |
2,804 |
2,229 |
25.8% |
|
19,094 |
15,934 |
19.8% |
|
Armenia |
2,575 |
2,525 |
2.0% |
|
17,343 |
15,101 |
14.8% |
|
TOTAL |
30,519 |
29,273 |
4.3% |
|
183,005 |
175,941 |
4.0% |
|
Aircraft
Movements |
|
|
|
|
|
|
|
|
Argentina |
33,243 |
37,928 |
-12.4% |
|
214,623 |
223,141 |
-3.8% |
|
Italy
|
8,766 |
8,265 |
6.1% |
|
38,222 |
35,042 |
9.1% |
|
Brazil |
11,361 |
13,965 |
-18.6% |
|
69,857 |
79,654 |
-12.3% |
|
Uruguay |
2,206 |
2,249 |
-1.9% |
|
16,567 |
16,557 |
0.1% |
|
Ecuador |
6,125 |
6,518 |
-6.0% |
|
37,404 |
39,677 |
-5.7% |
|
Armenia |
3,642 |
4,062 |
-10.3% |
|
17,960 |
20,647 |
-13.0% |
|
TOTAL |
65,343 |
72,987 |
-10.5% |
|
394,633 |
414,718 |
-4.8% |
|
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 2023, Corporación América
Airports served 81.1 million passengers, 23.7% above the 65.6 million passengers served in 2022 and 3.6% 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.
Investor
Relations Contact
Patricio
Iñaki Esnaola
Email:
patricio.esnaola@caairports.com
Phone:
+5411 4899-6716
Corporacion America Airp... (NYSE:CAAP)
Graphique Historique de l'Action
De Déc 2024 à Jan 2025
Corporacion America Airp... (NYSE:CAAP)
Graphique Historique de l'Action
De Jan 2024 à Jan 2025