Corporacion America Airports Sees Strong Increase In Passenger Traffic

Published on December 20, 2025

Corporacion America Airports SA (CAAP), one of the world’s leading private airport operators, has reported a notable 8.5 percent increase in total passenger traffic for November 2025 compared to the same month in 2024. The surge in passenger numbers has been driven by strong growth across domestic, international, and transit traffic segments, with Argentina leading the charge in contributing to the overall growth.

Domestic and International Traffic Surge

The total number of passengers handled by CAAP’s airports in November 2025 reached 7.14 million, marking an impressive year-on-year (YoY) increase. Domestic passenger traffic saw a more moderate increase of 4.4 percent, primarily driven by traffic in Argentina, Brazil, and Ecuador. International traffic, on the other hand, saw a more robust rise of 12.3 percent, reflecting the ongoing rebound in global tourism. Argentina, in particular, saw impressive growth, contributing to more than 50 percent of the overall traffic increase. The country recorded a total passenger traffic increase of 7.4 percent YoY, driven by both strong domestic and international performances.

Argentina’s Strong Performance in Domestic and International Segments

Argentina has proven to be a key driver of traffic growth within CAAP’s network, accounting for a significant portion of the YoY increase in passenger numbers. Domestic traffic in Argentina grew by 3.6 percent, aided by increased frequency on several key routes. Notably, Aerolíneas Argentinas resumed service to Río Cuarto, Córdoba, while private carriers JetSMART and Flybondi increased their frequencies on domestic routes such as Buenos Aires–Resistencia and Buenos Aires–San Juan. International traffic from Argentina grew by 12.8 percent, with notable developments including an increase in weekly flights on several routes. For example, Arajet increased its flights on the Buenos Aires–Punta Cana route, while Copa Airlines expanded its service on the Mendoza–Panama route.

International Growth Across Other Markets

Beyond Argentina, several other markets in CAAP’s network saw significant growth in passenger numbers. Brazil, for instance, recorded an increase of 10.8 percent in total passenger traffic, with domestic traffic rising by 8.1 percent. International traffic in Brazil grew by 18.3 percent, a substantial gain despite ongoing challenges in the aviation environment. In Italy, passenger traffic grew by 10.4 percent, with international travel accounting for nearly 80 percent of total traffic. Although domestic traffic in Italy saw a slight decline, international traffic grew strongly at Florence and Pisa airports.

In Armenia, passenger traffic soared by 15.9 percent YoY, supported by the introduction of new routes and increased frequencies. Wizz Air, for instance, launched new routes from Yerevan, marking a strong contribution to Armenia’s growth. In Uruguay, international passenger traffic rose by 7.5 percent, aided by increased frequencies on key routes such as the Santiago de Chile route by SKY Airlines.

Ecuador and Other Markets Show Mixed Results

Ecuador, in contrast, showed more subdued growth in November, with total passenger traffic increasing by just 2.7 percent. While domestic traffic rose by 7.6 percent, international traffic declined by 1.4 percent, reflecting challenges such as high airfares and security concerns. Despite these setbacks, the overall increase in Ecuador’s passenger traffic signals a steady recovery in the tourism sector.

Other markets like Uruguay and Armenia also reported positive growth, with Uruguay’s passenger traffic benefiting from seasonal increases and a forecasted strong peak season, while Armenia’s strong performance was driven by the expansion of low-cost carriers in the region.

Cargo and Aircraft Movement Insights

In terms of cargo volume, CAAP saw a slight decline of 0.6 percent in November 2025 compared to the same month in 2024. The decline in cargo volume was mainly driven by negative performance in Brazil, Italy, and Armenia. However, Argentina posted a positive growth of 9.4 percent in cargo traffic. Aircraft movements also increased by 5.0 percent across the network, with Argentina, Brazil, and Ecuador accounting for the largest share of total movements. Notably, Uruguay reported a significant increase of 15.1 percent in aircraft movements, signalling a growing demand for both domestic and international travel.

A Positive Outlook for 2025 and Beyond

Overall, Corporacion America Airports is seeing robust growth in passenger traffic across its global network, with Argentina playing a key role in the growth. The company’s continued success reflects the ongoing recovery and expansion of the global travel and tourism sector. As passenger numbers increase and international travel gains momentum, CAAP is well-positioned to continue its role as a leading airport operator in the coming years.