AEROPUERTOS

Corporación América Airports report October 2018 total passenger traffic of USD 7m

Private sector airport operator Corporación América Airports S.A. (NYSE: CAAP) has reported 7.07m in total passenger traffic on October 2018, compared to 6.76m in October 2017, an increase of 4.5%, the company said.

Total passenger traffic in October 2018 reflects growth of 5.6% in Argentina, 4.9% in Italy and 14.2% in Armenia.

Cargo volume declined 3.6% in October 2018 mainly impacted by a 12.7% decline in Argentina, partially offset by cargo volume growth across the majority of countries of operations. In Armenia, cargo volume increased 9.2%, reverting the negative trend in the previous months.

Aircraft movements remained increased 2.3% in October 2018, mainly driven by Argentina, which increased 4.8%, followed by Ecuador, with an increase of 12.4%…

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