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Goldman Sachs

May 21, 2026

Corporacion America Airports April Traffic Update

Market ReportEquitiesIndustrials

Corporacion America Airports reported a 3% YoY increase in total traffic for April, with strong international growth (+8%) offsetting a decline in domestic passengers (-4%).

Key Takeaways

  • 1.Total airport traffic increased by 3% YoY in April 2026, driven primarily by international passenger growth.
  • 2.Domestic traffic saw a 4% decline, largely due to capacity reductions in the Argentinian market.
  • 3.Geographic performance was varied with Armenia (+9%), Italy (+6%), and Brazil (+5%) showing growth, while Argentina remained flat.

Table of Contents

  • Corporacion America Airports S.A. (CAAP): April traffic +3% YoY
  • Valuation and key risks
  • Disclosure Appendix

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