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Corporacin Amrica Airports S.A. Announces Increase in International Passenger Fees in Argentina Starting Mid-March, 2021


Business Wire | Jan 13, 2021 05:31PM EST

Corporacin Amrica Airports S.A. Announces Increase in International Passenger Fees in Argentina Starting Mid-March, 2021

Jan. 13, 2021

LUXEMBOURG--(BUSINESS WIRE)--Jan. 13, 2021--Corporacin Amrica Airports S.A. (NYSE: CAAP), ("CAAP" or the "Company") the largest private sector airport operator in the world by number of airports, announced that the Argentine airport regulator, Organismo Regulador del Sistema Nacional de Aeropuertos ("ORSNA") published today Resolution No. 4/2021 in the Official Gazette which establishes among others:

an increase of US$6 to US$57 in the international passenger fee for travelers departing from AA2000 airports, in line with the provisions of the Technical Conditions for the Extension, which are part of the 10-year i) concession extension approved on December 17, 2020. This tariff increase will become effective on January 14, 2021, for flights as of March 15, 2021;

ii) domestic passenger fees remain unchanged until the end of 2021, and

aircraft fees remain unchanged for both domestic and international air iii) operators.

ORSNA's Resolution No. 4/2021 will be filed today by the Company through a Form 6-K after market closes together with this release.

About Corporacin Amrica AirportsCorporacin Amrica 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, Corporacin Amrica 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/20210113005924/en/

CONTACT: Investor Relations Contact Gimena Albanesi Email: gimena.albanesi@caairports.com Phone: +5411 4852-6411






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