CAAP

Corporación América Airports S.A. operates airports in Latin America and Europe through concessions granted by government authorities. The company manages and operates airports including major facilities in Argentina, Brazil, Uruguay, Ecuador, Armenia, and Italy, serving millions of passengers annually. Corporación América generates revenues from aeronautical sources (landing fees, passenger charges paid by airlines) and non-aeronautical sources (commercial concessions, parking, real estate). The company invests in airport infrastructure improvements, terminal expansions, and commercial development to enhance capacity and passenger experiences. Controlled by the Eurnekian family and headquartered in Luxembourg, Corporación América went public in 2018. The company benefits from essential transportation infrastructure, growth in air travel, and long-term concession agreements. Corporación América faces significant challenges including exposure to Argentina's economic and political volatility, currency devaluation, regulatory risks, and dependence on air travel demand. The company has experienced financial distress and operational challenges, particularly in Argentina. Corporación América continues to manage its airport portfolio while navigating difficult operating environments and financial constraints.