Corporacion America Airports (CAAP) has released an update.
Corporacion America Airports has reported a significant rebound in its fourth quarter and full-year results for 2023, with passenger traffic nearly reaching pre-pandemic levels and consolidated revenues showing robust growth. The company experienced a 13% year-over-year increase in passenger numbers and a 19% rise in revenues, excluding certain accounting adjustments. The strong financial performance includes a substantial contribution from the termination of the Natal airport concession, highlighting the company’s resilience and strategic execution amidst the travel industry’s recovery.
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