Corporacion America Airports September Passenger Traffic Up 3.4%
CAAP Corporacion America Airports SA
$25.24 +1.65%
View chart & analysis → - 1Corporacion America Airports (CAAP) announced total passengers rose 3.4% year-over-year in September, with shares up 2.7% on Friday
- 2Total passengers reached 7.7 million with international traffic up 7.2% and domestic traffic down 1.0%, while cumulative January-September passengers rose 2.5% to 66 million
- 3Argentina saw a record 3.9 million passengers in September, while Italy rose 8.0% and Armenia 18.7%, but Brazil fell 1.7%
So what's the key point?
The company that operates airports saw its September passenger numbers grow by 3.4% compared to last year. This was driven by a significant increase in international travelers, and the stock price rose following the news.
Source Investing.com · View original ↗
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