Financial News
Corporación América Airports S.A. Reports May 2021 Passenger Traffic
Total passenger traffic was up 12.8x year-on-year, but declined 73.6% when compared to May 2019
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 1,279.0% YoY increase in passenger traffic in May 2021, and a 73.6% decline when compared to the same period of 2019.
Passenger Traffic, Cargo Volume and Aircraft Movements Highlights (2021 vs. 2020) |
|||||||
Statistics |
May'21 |
May'20(3) |
% Var. |
|
YTD’21 |
YTD'20(1)(2)(3) |
% Var. |
Domestic Passengers (thousands) |
1,017 |
89 |
1,037.1% |
|
6,476 |
10,017 |
-35.4% |
International Passengers (thousands) |
418 |
36 |
1,066.0% |
|
1,782 |
5,412 |
-67.1% |
Transit Passengers (thousands) |
326 |
2 |
13,651.8% |
|
1,658 |
1,922 |
-13.7% |
Total Passengers (thousands) |
1,761 |
128 |
1,279.0% |
|
9,916 |
17,351 |
-42.8% |
Cargo Volume (thousand tons) |
27.6 |
14.3 |
93.7% |
|
125.6 |
115.4 |
8.8% |
Total Aircraft Movements (thousands) |
31.1 |
9.2 |
236.2% |
|
160.0 |
194.5 |
-17.8% |
Passenger Traffic, Cargo Volume and Aircraft Movements Highlights (2021 vs. 2019) |
|||||||
Statistics |
May'21 |
May'19(1)(3) |
% Var. |
|
YTD’21 |
YTD'19(1)(3) |
% Var. |
Domestic Passengers (thousands) |
1,017 |
3,734 |
-72.8% |
|
6,476 |
19,047 |
-66.0% |
International Passengers (thousands) |
418 |
2,306 |
-81.9% |
|
1,782 |
11,392 |
-84.4% |
Transit Passengers (thousands) |
326 |
622 |
-47.7% |
|
1,658 |
3,515 |
-52.8% |
Total Passengers (thousands) |
1,761 |
6,661 |
-73.6% |
|
9,916 |
33,954 |
-70.8% |
Cargo Volume (thousand tons) |
27.6 |
37.2 |
-25.7% |
|
125.6 |
177.7 |
-29.4% |
Total Aircraft Movements (thousands) |
31.1 |
68.5 |
-54.6% |
|
160.0 |
351.7 |
-54.5% |
(1) |
Note that preliminary passenger traffic figures for 2019, as well as January 2020 for Ezeiza Airport, in Argentina, were adjusted to include additional inbound passengers not accounted for in the initial count, for an average of approximately 5% of total passenger traffic at Ezeiza Airport and 1% of total traffic at CAAP, during that period. Importantly, inbound traffic does not affect revenues, as tariffs are applicable on departure passengers. |
(2) |
Preliminary data on 1,256 flights in January 2020 at Brasilia Airport, due to delays in the submission of information by third parties. |
(3) |
Cargo volumes in Uruguay were rectified from January 2019 to June 2020, to reflect all cargo passing through the cargo terminal, instead of air cargo only. |
Passenger Traffic Overview
Total passenger traffic in May 2021 grew 12.8x YoY compared to the same period last year, reflecting easier comparisons as May 2020 was fully impacted by the COVID-19 pandemic. When compared to 2019, overall passenger traffic declined 73.6%, while international and domestic passenger traffic dropped 81.9% and 72.8%, respectively, impacted by the COVID-19 pandemic on air travel across all countries of operations.
In Argentina, total passenger traffic increased 12.0x YoY. Against May 2019, overall passenger traffic declined 86.3%, with international passenger traffic declining 91.6%, impacted by prolonged government restrictions to international flights, including the continued closure of borders to non-resident foreigners, with certain exceptions, as well as additional travel requirements in force for Argentine nationals starting March 27, 2021. Domestic passenger traffic declined 83.9% versus 2019, impacted by a national lockdown reinstated during the last days of the month.
In Italy, passenger traffic grew 57.3x YoY. Passenger traffic against May 2019 declined 89.8%, while international and domestic passenger traffic dropped 93.9% and 73.9%, respectively, improving sequentially from the declines of 97.1% and 85.4%, respectively, reported in April 2021 against April 2019.
In Brazil, total passenger traffic was up 9.7x YoY. Compared to the same month in 2019, overall passenger traffic declined 50.8%, showing an improvement from the 69.1% decline posted in April 2021, reflecting better sanitary conditions in the country and increased passenger demand.
Total passenger traffic in Uruguay increased 6.4x YoY, but declined 90.2% when compared to May 2019, impacted by the prolonged restrictions to air travel implemented by the government, and weak demand.
In Ecuador, passenger traffic increased 17.2x YoY. When compared to 2019, total traffic declined 56.6%, showing an improvement from the 64.8% drop in April, reflecting progress made on the sanitary situation. International and domestic passenger traffic dropped 43.2% and 68.4%, respectively, against May 2019.
In Armenia, total passenger traffic increased 20.1x YoY. Compared to May 2019, passenger traffic declined 23.4%, up from the 38.2% drop reported in April 2021 vs 2019, showing a continued recovery trend in air travel.
Cargo Volume and Aircraft Movements
Cargo volume increased 93.7% YoY. When compared to May 2019, total cargo volume dropped 25.7%, mainly driven by declines of 22.1% in Argentina, 39.1% in Brazil and 50.6% in Ecuador.
Aircraft movements increased 236.2% YoY. When compared to May 2019, Aircraft movements declined 54.6%, mainly as a result of a 62.4% decline in Argentina.
Summary Passenger Traffic, Cargo Volume and Aircraft Movements (2021 vs. 2020) |
|||||||
|
May'21 |
May'20 |
% Var. |
|
YTD'21 |
YTD'20 |
% Var. |
Passenger Traffic (thousands) |
|
|
|
|
|
|
|
Argentina(1) |
465 |
36 |
1,201.7% |
|
3,986 |
8,955 |
-55.5% |
Italy |
75 |
1 |
5,732.4% |
|
188 |
1,005 |
-81.3% |
Brazil(2) |
725 |
68 |
964.8% |
|
3,833 |
4,489 |
-14.6% |
Uruguay |
17 |
2 |
640.5% |
|
75 |
531 |
-86.0% |
Ecuador |
170 |
9 |
1,702.1% |
|
694 |
995 |
-30.3% |
Armenia |
166 |
8 |
2,015.1% |
|
571 |
567 |
0.7% |
Peru |
142 |
3 |
4,713.5% |
|
569 |
807 |
-29.6% |
TOTAL |
1,761 |
128 |
1,279.0% |
|
9,916 |
17,351 |
-42.8% |
(1) See Footnote 1 in previous table. (2) See Footnote 2 in previous table. (3) See Footnote 3 in previous table. |
|||||||
|
|||||||
Cargo Volume (tons) |
|
|
|
|
|
|
|
Argentina |
14,665 |
8,062 |
81.9% |
66,744 |
62,234 |
7.2% |
|
Italy |
1,268 |
1,032 |
22.9% |
5,837 |
5,189 |
12.5% |
|
Brazil |
5,257 |
1,144 |
359.6% |
25,369 |
17,899 |
41.7% |
|
Uruguay(3) |
2,989 |
2,199 |
35.9% |
12,817 |
14,399 |
-11.0% |
|
Ecuador |
1,639 |
975 |
68.2% |
7,390 |
8,878 |
-16.8% |
|
Armenia |
1,556 |
797 |
95.3% |
6,243 |
5,639 |
10.7% |
|
Peru |
243 |
47 |
415.5% |
1,151 |
1,151 |
0.1% |
|
TOTAL |
27,618 |
14,256 |
93.7% |
125,553 |
115,389 |
8.8% |
|
Aircraft Movements |
|
|
|
|
|
|
|
Argentina |
13,374 |
4,049 |
230.3% |
79,649 |
100,610 |
-20.8% |
|
Italy |
2,076 |
355 |
484.8% |
5,540 |
11,885 |
-53.4% |
|
Brazil |
7,528 |
2,447 |
207.6% |
39,584 |
40,951 |
-3.3% |
|
Uruguay |
1,105 |
309 |
257.6% |
4,384 |
8,353 |
-47.5% |
|
Ecuador |
3,972 |
1,489 |
166.8% |
18,746 |
19,528 |
-4.0% |
|
Armenia |
1,593 |
296 |
438.2% |
5,913 |
5,993 |
-1.3% |
|
Peru |
1,440 |
302 |
376.8% |
6,168 |
7,205 |
-14.4% |
|
TOTAL |
31,088 |
9,247 |
236.2% |
159,984 |
194,525 |
-17.8% |
|
Summary Passenger Traffic, Cargo Volume and Aircraft Movements (2021 vs. 2019) |
|||||||
|
May'21 |
May'19 |
% Var. |
|
YTD'21 |
YTD'19 |
% Var. |
Passenger Traffic (thousands) |
|
|
|
|
|
|
|
Argentina(1) |
465 |
3,391 |
-86.3% |
|
3,986 |
17,909 |
-77.7% |
Italy |
75 |
736 |
-89.8% |
|
188 |
2,940 |
-93.6% |
Brazil(2) |
725 |
1,474 |
-50.8% |
|
3,833 |
7,874 |
-51.3% |
Uruguay |
17 |
176 |
-90.2% |
|
75 |
984 |
-92.4% |
Ecuador |
170 |
392 |
-56.6% |
|
694 |
1,869 |
-62.9% |
Armenia |
166 |
217 |
-23.4% |
|
571 |
1,039 |
-45.0% |
Peru |
142 |
275 |
-48.6% |
|
569 |
1,340 |
-57.6% |
TOTAL |
1,761 |
6,661 |
-73.6% |
|
9,916 |
33,954 |
-70.8% |
(1) See Footnote 1 in previous table. (2) See Footnote 2 in previous table. (3) See Footnote 3 in previous table. |
|||||||
|
|||||||
Cargo Volume (tons) |
|
|
|
|
|
|
|
Argentina |
14,665 |
18,825 |
-22.1% |
66,744 |
93,823 |
-28.9% |
|
Italy |
1,268 |
1,285 |
-1.3% |
5,837 |
5,466 |
6.8% |
|
Brazil |
5,257 |
8,639 |
-39.1% |
25,369 |
39,774 |
-36.2% |
|
Uruguay(3) |
2,989 |
3,015 |
-0.9% |
12,817 |
12,058 |
6.3% |
|
Ecuador |
1,639 |
3,316 |
-50.6% |
7,390 |
17,875 |
-58.7% |
|
Armenia |
1,556 |
1,704 |
-8.7% |
6,243 |
6,754 |
-7.6% |
|
Peru |
243 |
389 |
-37.4% |
1,151 |
1,986 |
-42.0% |
|
TOTAL |
27,618 |
37,172 |
-25.7% |
125,553 |
177,736 |
-29.4% |
|
Aircraft Movements |
|
|
|
|
|
|
|
Argentina |
13,374 |
35,553 |
-62.4% |
79,649 |
187,636 |
-57.6% |
|
Italy |
2,076 |
6,864 |
-69.8% |
5,540 |
28,516 |
-80.6% |
|
Brazil |
7,528 |
12,714 |
-40.8% |
39,584 |
66,430 |
-40.4% |
|
Uruguay |
1,105 |
2,375 |
-53.5% |
4,384 |
13,914 |
-68.5% |
|
Ecuador |
3,972 |
6,834 |
-41.9% |
18,746 |
34,396 |
-45.5% |
|
Armenia |
1,593 |
1,744 |
-8.7% |
5,913 |
9,014 |
-34.4% |
|
Peru |
1,440 |
2,383 |
-39.6% |
6,168 |
11,827 |
-47.8% |
|
TOTAL |
31,088 |
68,467 |
-54.6% |
159,984 |
351,733 |
-54.5% |
|
To obtain the full text of this press release, please click on the following link: http://investors.corporacionamericaairports.com
Category: Operational Statistic
About Corporación América Airports
Corporación América Airports acquires, develops and operates airport concessions. Currently, the Company operates 52 airports in 7 countries across Latin America and Europe (Argentina, Brazil, Uruguay, Peru, Ecuador, Armenia and Italy). In 2019, Corporación América Airports served 84.2 million passengers. 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210615006213/en/
Contacts
Investor Relations Contact
Gimena Albanesi
Email: gimena.albanesi@caairports.com
Phone: +5411 4852-6411
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