Corporación América Airports saw a 63.5% increase in passenger traffic during September 2022

Corporación América Airports S.A. -  a leading private airport operator in the world, has just reported a 63.5% increase in passenger traffic in September 2022, reaching 85.4% of September 2019 levels.  Currently, the Company operates 53 airports in 6 countries across Latin America and Europe - Argentina, Brazil, Uruguay, Ecuador, Armenia and Italy.

Passenger Traffic Overview

Total passenger traffic grew 63.5% compared to the same month of last year, driven by increases across all countries of operations, particularly in Argentina, supported by a continued recovery in travel demand following the gradual lifting of travel restrictions across all countries of operations. Overall passenger traffic recovered to 85.4% of September 2019 levels, from 83.2% in August, with international and domestic passenger traffic reaching 87.5% and 81.1% of September 2019 levels, respectively.

In Argentina, total passenger traffic continued to recover increasing 139.3% YoY and reaching 84.8% of September 2019 levels, up from the 79.5% posted in August. International passenger traffic improved to 78.6% of pre-pandemic levels, compared with 69.6% in August, showing a continued recovery since the full re-opening of borders on November 1, 2021 and the lifting of travel requirements. Domestic passenger traffic increased sequentially reaching 87.8% of September 2019 levels, up from the 83.0% posted in August.

In Italy, passenger traffic grew 64.1% YoY reaching 85.9% of September 2019 levels, down from the 89.2% posted in August, when passenger traffic benefited from the summer season. Effective June 1, 2022, all travel restrictions and Covid-related entry regulations were fully lifted.

In Brazil, total passenger traffic increased 15.9% YoY, and reached 93.0% of September 2019 levels, down from 97.7% recorded in August. Domestic traffic, which accounted for 55% of total traffic, stood at 83.9% of pre-pandemic levels whereas transit passengers exceeded September 2019 levels by 9.9%.

Total passenger traffic in Uruguay, where traffic is largely international, increased 147.2% YoY and reached 72.0% of September 2019 levels, up from the 67.6% posted in August.

In Ecuador, passenger traffic surpassed pre-pandemic levels for the second consecutive month, at 114.3% of September 2019 figures, and increased 43.1% YoY. International passenger traffic improved to 112.9% of pre-pandemic levels, supported by routes to Europe, as well as the US and Panama, whereas domestic passenger traffic exceeded September 2019 pre-pandemic levels by 15.0%.

In Armenia, where traffic is entirely international, passenger traffic surpassed pre-pandemic levels for the fifth consecutive month, at 121.2% of September 2019 figures, improving from the 112.4% and 114.1% recorded in July and August, respectively. On a YoY basis, passenger traffic increased 43.2%.

Cargo Volume and Aircraft Movements

Cargo volume increased 4.7% YoY and stood at 90.9% of September 2019 levels, or at 92.2% when adjusting for the discontinuation in Peru. Over 70% of cargo volume originated in Argentina and Brazil, which reported volume declines of 16.0% and 3.5% versus September 2019 pre-pandemic levels. Cargo volumes in Uruguay, Armenia, Ecuador and Italy were above pre-pandemic levels, whereas Argentina and Brazil stood at 84.0% and 96.5%, respectively.

Aircraft movements increased 36.5% YoY reaching 91.9% of September 2019 levels, or at 95.6% when adjusting for the discontinuation of operations in Peru. Around 70% of aircraft movements originated in Argentina and Brazil, which reached 92.0% and 93.2% of September 2019 levels, respectively. Aircraft movements in all countries of operations were above 92% of September 2019 levels, with Armenia and Ecuador exceeding pre-pandemic levels by 32.9% and 9.7%, respectively.

Summary Passenger Traffic, Cargo Volume and Aircraft Movements (2022 vs. 2021)

			Sep'22		Sep'21		% Var.				YTD'22		YTD'21		% Var.
Passenger Traffic (thousands)
Argentina(1)			3,060		1,279		139.3%				23,949		7,684		211.7%
Italy			741		451		64.1%				5,151		1,730		197.8%
Brazil			1,380		1,191		15.9%				11,403		8,138		40.1%
Uruguay			126		51		147.2%				1,006		228		340.7%
Ecuador			376		263		43.1%				3,116		1,663		87.3%
Armenia			403		281		43.2%				2,632		1,705		54.4%
Peru			-		207		-100.0%				-		1,299		-100.0%
TOTAL			6,085		3,723		63.5%				47,257		22,447		110.5%
(1) See Footnote 1 in previous table. (2) See Footnote 2 in previous table.
Cargo Volume (tons)
Argentina			15,056		15,370		-2.0%				134,716		123,700		8.9%
Italy			1,299		1,376		-5.6%				11,091		10,941		1.4%
Brazil			5,651		5,182		9.1%				41,231		45,136		-8.7%
Uruguay(2)			2,248		2,303		-2.4%				24,198		22,059		9.7%
Ecuador			2,532		1,848		37.0%				25,227		16,237		55.4%
Armenia			2,186		1,300		68.2%				14,181		11,661		21.6%
Peru			-		306		-100.0%				-		2,178		-100.0%
TOTAL			28,972		27,684		4.7%				250,644		231,912		8.1%
Aircraft Movements
Argentina			33,419		19,990		67.2%				276,659		150,324		84.0%
Italy			7,300		5,727		27.5%				53,492		26,378		102.8%
Brazil			12,333		11,404		8.1%				105,440		80,930		30.3%
Uruguay			2,014		1,389		45.0%				19,539		10,407		87.7%
Ecuador			6,424		5,272		21.9%				57,545		39,120		47.1%
Armenia			3,705		2,347		57.9%				25,121		15,394		63.2%
Peru			-		1,642		-100.0%				-		12,584		-100.0%
TOTAL			65,195		47,771		36.5%				537,796		335,137		60.5%

Summary Passenger Traffic, Cargo Volume and Aircraft Movements (2022 vs. 2019)

			Sep'22		Sep'19		% Var.				YTD'22		YTD'19		% Var.
Passenger Traffic (thousands)
Argentina(1)			3,060		3,608		-15.2%				23,949		32,759		-26.9%
Italy			741		862		-14.1%				5,151		6,431		-19.9%
Brazil			1,380		1,483		-7.0%				11,403		13,947		-18.2%
Uruguay			126		175		-28.0%				1,006		1,665		-39.6%
Ecuador			376		329		14.3%				3,116		3,382		-7.9%
Armenia			403		332		21.2%				2,632		2,424		8.6%
Peru			-		332		-100.0%				-		2,642		-100.0%
TOTAL			6,085		7,122		-14.6%				47,257		63,251		-25.3%
(1) See Footnote 1 in previous table. (2) See Footnote 2 in previous table.
Cargo Volume (tons)
Argentina			15,056		17,932		-16.0%				134,716		164,377		-18.0%
Italy			1,299		1,072		21.1%				11,091		9,567		15.9%
Brazil			5,651		5,857		-3.5%				41,231		68,362		-39.7%
Uruguay(2)			2,248		2,167		3.8%				24,198		20,983		15.3%
Ecuador			2,532		2,316		9.3%				25,227		29,360		-14.1%
Armenia			2,186		2,091		4.5%				14,181		13,697		3.5%
Peru			-		431		-100.0%				-		3,771		-100.0%
TOTAL			28,972		31,866		-9.1%				250,644		310,116		-19.2%
Aircraft Movements
Argentina			33,419		36,327		-8.0%				276,659		338,064		-18.2%
Italy			7,300		7,931		-8.0%				53,492		61,514		-13.0%
Brazil			12,333		13,235		-6.8%				105,440		119,289		-11.6%
Uruguay			2,014		2,054		-1.9%				19,539		22,125		-11.7%
Ecuador			6,424		5,856		9.7%				57,545		60,958		-5.6%
Armenia			3,705		2,788		32.9%				25,121		20,424		23.0%
Peru			-		2,772		-100.0%				-		22,937		-100.0%
TOTAL			65,195		70,963		-8.1%				537,796		645,311		-16.7%

Source Corporación América Airports