Corporacin Amrica Airports S.A. Reports February 2021 Passenger Traffic
Corporacin Amrica Airports S.A. Reports February 2021 Passenger Traffic
Mar. 16, 2021
LUXEMBOURG--(BUSINESS WIRE)--Mar. 16, 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, reported today a 69.1% year-over-year (YoY) decline in passenger traffic in February 2021. Also note that in 2020 there was one more day in February in relation to 2021.
Passenger Traffic, Cargo Volume and Aircraft Movements Highlights
Statistics Feb'21 Feb'20^ % Var. YTD'21^ YTD'20^ % Var. ^(1) (3)(4) (1) (2)(3)(4)
Domestic Passengers 1,324 3,696 -64.2% 3,013 7,805 -61.4% (thousands)
International 320 2,062 -84.5% 674 4,292 -84.3% Passengers (thousands)
Transit Passengers 331 643 -48.5% 843 1,474 -42.8% (thousands)
Total Passengers 1,975 6,401 -69.1% 4,530 13,570 -66.6% (thousands)
Cargo Volume (thousand 21.0 28.2 -25.4% 41.4 59.0 -29.7% tons)
Total Aircraft 30.3 64.9 -53.4% 65.3 136.6 -52.2% Movements (thousands)
(1)
Note that data for February 2021 for Neuqu?n Airport, in Argentina, is missing due to delays in the submission of information.
(2)
Note that preliminary passenger traffic figures for January 2020 for Ezeiza Airport, in Argentina, were adjusted to include additional inbound passengers not accounted for in the initial count, for an average of approximately 5% of total passenger traffic at Ezeiza Airport and 1% of total traffic at CAAP, during that period. Importantly, inbound traffic does not affect revenues, as tariffs are applicable on departure passengers.
(3)
Preliminary data on 1,256 flights in January 2020 at Brasilia Airport, due to delays in the submission of information by third parties.
(4)
Cargo volumes in Uruguay were rectified from January to June 2020, to reflect all cargo passing through the cargo terminal, instead of air cargo only.
Passenger Traffic Overview
Total passenger traffic in February 2021 dropped 69.1% YoY, reflecting the continued impact of the COVID-19 pandemic on air travel across all countries of operations. Certain travel restrictions and requirements are in place and in most countries, while overall demand remains weak. International traffic declined by 84.5% YoY, while domestic traffic dropped 64.2% YoY.
In Argentina, total passenger traffic declined 74.9% YoY, remaining mostly flat when compared to the 74.5% decline in January 2021. International passenger traffic declined 87.6%, compared to a the 84.9% drop in the prior month, as the government reintroduced restrictions to international flights from certain countries, in light of the new COVID-19 strain in Brazil and Europe, and borders remain closed to foreigners, with certain exceptions. Domestic passenger traffic dropped 68.8% YoY, a slight improvement from the 69.6% decline in January 2021.
In Italy, passenger traffic declined 95.6% YoY, with international and domestic traffic down 97.9% and 89.9% YoY, respectively, reflecting air travel restrictions reenacted by the Italian government following a new COVID-19 outbreak in the region. Moreover, Florence Airport will remain closed to operations due to runway works from February 1st to April 1st, 2021.
In Brazil, total passenger traffic declined 45.1% YoY, dropping from the 34.4% decline in January 2021. Domestic passenger traffic declined 41.9%, while international traffic dropped 97.8% YoY, mainly driven by the spread of a new COVID-19 strain in the country, coupled with low overall demand and travel restrictions implemented at year-end.
In Uruguay, passenger traffic declined of 92.4% YoY, compared to a 93.5% in January 2021, impacted by the prolonged closure of borders to non-resident foreigners, with certain exceptions, and weak demand.
In Ecuador, passenger traffic declined 69.3% YoY, with declines of 62.5% in international traffic and 75.1% in domestic traffic, while in Armenia total passenger traffic dropped 53.9% during the month, an improvement from the 72.6% decline in January 2021.
Cargo Volume and Aircraft Movements
Cargo volume decreased 25.4% on February 2021, mainly due to declines of 23.2% in Argentina, 31.9% in Brazil and 39.6% in Ecuador.
Aircraft movements declined 53.4% YoY in February 2021, mainly attributed to decreases of 55.3% in Argentina, 35.0% in Brazil, 88.3% in Italy and 45.4% in Ecuador. Aircraft movements also declined 66.8% in Uruguay, 46.7% in Armenia and 67.3% in Peru.
(1) Note that data for February 2021 for Neuqu?n Airport, in Argentina, is missing due to delays in the submission of information.
Note that preliminary passenger traffic figures for January 2020 for Ezeiza Airport, in Argentina, were adjusted to include additional inbound passengers not accounted for in the initial count, for an average of(2) approximately 5% of total passenger traffic at Ezeiza Airport and 1% of total traffic at CAAP, during that period. Importantly, inbound traffic does not affect revenues, as tariffs are applicable on departure passengers.
(3) Preliminary data on 1,256 flights in January 2020 at Brasilia Airport, due to delays in the submission of information by third parties.
Cargo volumes in Uruguay were rectified from January to June 2020, to(4) reflect all cargo passing through the cargo terminal, instead of air cargo only.
Passenger Traffic Overview
Total passenger traffic in February 2021 dropped 69.1% YoY, reflecting the continued impact of the COVID-19 pandemic on air travel across all countries of operations. Certain travel restrictions and requirements are in place and in most countries, while overall demand remains weak. International traffic declined by 84.5% YoY, while domestic traffic dropped 64.2% YoY.
In Argentina, total passenger traffic declined 74.9% YoY, remaining mostly flat when compared to the 74.5% decline in January 2021. International passenger traffic declined 87.6%, compared to a the 84.9% drop in the prior month, as the government reintroduced restrictions to international flights from certain countries, in light of the new COVID-19 strain in Brazil and Europe, and borders remain closed to foreigners, with certain exceptions. Domestic passenger traffic dropped 68.8% YoY, a slight improvement from the 69.6% decline in January 2021.
In Italy, passenger traffic declined 95.6% YoY, with international and domestic traffic down 97.9% and 89.9% YoY, respectively, reflecting air travel restrictions reenacted by the Italian government following a new COVID-19 outbreak in the region. Moreover, Florence Airport will remain closed to operations due to runway works from February 1st to April 1st, 2021.
In Brazil, total passenger traffic declined 45.1% YoY, dropping from the 34.4% decline in January 2021. Domestic passenger traffic declined 41.9%, while international traffic dropped 97.8% YoY, mainly driven by the spread of a new COVID-19 strain in the country, coupled with low overall demand and travel restrictions implemented at year-end.
In Uruguay, passenger traffic declined of 92.4% YoY, compared to a 93.5% in January 2021, impacted by the prolonged closure of borders to non-resident foreigners, with certain exceptions, and weak demand.
In Ecuador, passenger traffic declined 69.3% YoY, with declines of 62.5% in international traffic and 75.1% in domestic traffic, while in Armenia total passenger traffic dropped 53.9% during the month, an improvement from the 72.6% decline in January 2021.
Cargo Volume and Aircraft Movements
Cargo volume decreased 25.4% on February 2021, mainly due to declines of 23.2% in Argentina, 31.9% in Brazil and 39.6% in Ecuador.
Aircraft movements declined 53.4% YoY in February 2021, mainly attributed to decreases of 55.3% in Argentina, 35.0% in Brazil, 88.3% in Italy and 45.4% in Ecuador. Aircraft movements also declined 66.8% in Uruguay, 46.7% in Armenia and 67.3% in Peru.
Summary PassengerTraffic, Cargo Volume and Aircraft Movements
Feb'21 Feb'20 % Var. YTD'21 YTD'20 % Var.
Passenger Traffic (thousands)
Argentina^(1) 849 3,379 -74.9% 1,778 7,021 -74.7%
Italy 19 433 -95.6% 55 913 -93.9%
Brazil^(2) 831 1,515 -45.1% 2,061 3,391 -39.2%
Uruguay 15 193 -92.4% 30 426 -93.0%
Ecuador 116 378 -69.3% 240 763 -68.5%
Armenia 90 196 -53.9% 154 431 -64.1%
Peru 56 307 -81.9% 212 626 -66.1%
TOTAL 1,975 6,401 -69.1% 4,530 13,570 -66.6%
(1)
See Footnote 1 in previous table. (2) See Footnote 2 in previous table. (3) See Footnote 3 in previous table. (4) See Footnote 4 in previous table.
(1) See Footnote 1 in previous table. (2) See Footnote 2 in previous table. (3) See Footnote 3 in previous table. (4) See Footnote 4 in previous table.
Cargo Volume (tons)
Argentina
11,169
14,546
-23.2%
21,767
32,932
-33.9%
Italy
928
997
-6.9%
2,061
2,116
-2.6%
Brazil
4,256
6,252
-31.9%
8,714
10,863
-19.8%
Uruguay(3)
1,852
1,866
-0.8%
3,629
4,095
-11.4%
Ecuador
1,519
2,515
-39.6%
2,977
5,523
-46.1%
Armenia
1,083
1,575
-31.2%
1,870
2,603
-28.2%
Peru
203
418
-51.3%
409
824
-50.3%
TOTAL
21,010
28,169
-25.4%
41,427
58,957
-29.7%
Aircraft Movements
Argentina
15,350
34,348
-55.3%
31,827
71,104
-55.2%
Italy
535
4,585
-88.3%
1,532
9,403
-83.7%
Brazil
8,189
12,602
-35.0%
18,786
26,849
-30.0%
Uruguay
865
2,602
-66.8%
1,497
6,137
-75.6%
Ecuador
3,577
6,548
-45.4%
7,693
14,043
-45.2%
Armenia
980
1,837
-46.7%
1,720
4,075
-57.8%
Peru
785
2,400
-67.3%
2,227
4,991
-55.4%
TOTAL
30,281
64,922
-53.4%
65,282
136,602
-52.2%
To obtain the full text of this press release, please click on the following link: http://investors.corporacionamericaairports.com
Category: Operational Statistic
About Corporacin Amrica Airports
Corporacin 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/20210315005851/en/
CONTACT: Investor Relations Contact Gimena Albanesi Email: gimena.albanesi@caairports.com Phone: +5411 4852-6411
Mar. 16, 2021
LUXEMBOURG--(BUSINESS WIRE)--Mar. 16, 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, reported today a 69.1% year-over-year (YoY) decline in passenger traffic in February 2021. Also note that in 2020 there was one more day in February in relation to 2021.
Passenger Traffic, Cargo Volume and Aircraft Movements Highlights
Statistics Feb'21 Feb'20^ % Var. YTD'21^ YTD'20^ % Var. ^(1) (3)(4) (1) (2)(3)(4)
Domestic Passengers 1,324 3,696 -64.2% 3,013 7,805 -61.4% (thousands)
International 320 2,062 -84.5% 674 4,292 -84.3% Passengers (thousands)
Transit Passengers 331 643 -48.5% 843 1,474 -42.8% (thousands)
Total Passengers 1,975 6,401 -69.1% 4,530 13,570 -66.6% (thousands)
Cargo Volume (thousand 21.0 28.2 -25.4% 41.4 59.0 -29.7% tons)
Total Aircraft 30.3 64.9 -53.4% 65.3 136.6 -52.2% Movements (thousands)
(1)
Note that data for February 2021 for Neuqu?n Airport, in Argentina, is missing due to delays in the submission of information.
(2)
Note that preliminary passenger traffic figures for January 2020 for Ezeiza Airport, in Argentina, were adjusted to include additional inbound passengers not accounted for in the initial count, for an average of approximately 5% of total passenger traffic at Ezeiza Airport and 1% of total traffic at CAAP, during that period. Importantly, inbound traffic does not affect revenues, as tariffs are applicable on departure passengers.
(3)
Preliminary data on 1,256 flights in January 2020 at Brasilia Airport, due to delays in the submission of information by third parties.
(4)
Cargo volumes in Uruguay were rectified from January to June 2020, to reflect all cargo passing through the cargo terminal, instead of air cargo only.
Passenger Traffic Overview
Total passenger traffic in February 2021 dropped 69.1% YoY, reflecting the continued impact of the COVID-19 pandemic on air travel across all countries of operations. Certain travel restrictions and requirements are in place and in most countries, while overall demand remains weak. International traffic declined by 84.5% YoY, while domestic traffic dropped 64.2% YoY.
In Argentina, total passenger traffic declined 74.9% YoY, remaining mostly flat when compared to the 74.5% decline in January 2021. International passenger traffic declined 87.6%, compared to a the 84.9% drop in the prior month, as the government reintroduced restrictions to international flights from certain countries, in light of the new COVID-19 strain in Brazil and Europe, and borders remain closed to foreigners, with certain exceptions. Domestic passenger traffic dropped 68.8% YoY, a slight improvement from the 69.6% decline in January 2021.
In Italy, passenger traffic declined 95.6% YoY, with international and domestic traffic down 97.9% and 89.9% YoY, respectively, reflecting air travel restrictions reenacted by the Italian government following a new COVID-19 outbreak in the region. Moreover, Florence Airport will remain closed to operations due to runway works from February 1st to April 1st, 2021.
In Brazil, total passenger traffic declined 45.1% YoY, dropping from the 34.4% decline in January 2021. Domestic passenger traffic declined 41.9%, while international traffic dropped 97.8% YoY, mainly driven by the spread of a new COVID-19 strain in the country, coupled with low overall demand and travel restrictions implemented at year-end.
In Uruguay, passenger traffic declined of 92.4% YoY, compared to a 93.5% in January 2021, impacted by the prolonged closure of borders to non-resident foreigners, with certain exceptions, and weak demand.
In Ecuador, passenger traffic declined 69.3% YoY, with declines of 62.5% in international traffic and 75.1% in domestic traffic, while in Armenia total passenger traffic dropped 53.9% during the month, an improvement from the 72.6% decline in January 2021.
Cargo Volume and Aircraft Movements
Cargo volume decreased 25.4% on February 2021, mainly due to declines of 23.2% in Argentina, 31.9% in Brazil and 39.6% in Ecuador.
Aircraft movements declined 53.4% YoY in February 2021, mainly attributed to decreases of 55.3% in Argentina, 35.0% in Brazil, 88.3% in Italy and 45.4% in Ecuador. Aircraft movements also declined 66.8% in Uruguay, 46.7% in Armenia and 67.3% in Peru.
(1) Note that data for February 2021 for Neuqu?n Airport, in Argentina, is missing due to delays in the submission of information.
Note that preliminary passenger traffic figures for January 2020 for Ezeiza Airport, in Argentina, were adjusted to include additional inbound passengers not accounted for in the initial count, for an average of(2) approximately 5% of total passenger traffic at Ezeiza Airport and 1% of total traffic at CAAP, during that period. Importantly, inbound traffic does not affect revenues, as tariffs are applicable on departure passengers.
(3) Preliminary data on 1,256 flights in January 2020 at Brasilia Airport, due to delays in the submission of information by third parties.
Cargo volumes in Uruguay were rectified from January to June 2020, to(4) reflect all cargo passing through the cargo terminal, instead of air cargo only.
Passenger Traffic Overview
Total passenger traffic in February 2021 dropped 69.1% YoY, reflecting the continued impact of the COVID-19 pandemic on air travel across all countries of operations. Certain travel restrictions and requirements are in place and in most countries, while overall demand remains weak. International traffic declined by 84.5% YoY, while domestic traffic dropped 64.2% YoY.
In Argentina, total passenger traffic declined 74.9% YoY, remaining mostly flat when compared to the 74.5% decline in January 2021. International passenger traffic declined 87.6%, compared to a the 84.9% drop in the prior month, as the government reintroduced restrictions to international flights from certain countries, in light of the new COVID-19 strain in Brazil and Europe, and borders remain closed to foreigners, with certain exceptions. Domestic passenger traffic dropped 68.8% YoY, a slight improvement from the 69.6% decline in January 2021.
In Italy, passenger traffic declined 95.6% YoY, with international and domestic traffic down 97.9% and 89.9% YoY, respectively, reflecting air travel restrictions reenacted by the Italian government following a new COVID-19 outbreak in the region. Moreover, Florence Airport will remain closed to operations due to runway works from February 1st to April 1st, 2021.
In Brazil, total passenger traffic declined 45.1% YoY, dropping from the 34.4% decline in January 2021. Domestic passenger traffic declined 41.9%, while international traffic dropped 97.8% YoY, mainly driven by the spread of a new COVID-19 strain in the country, coupled with low overall demand and travel restrictions implemented at year-end.
In Uruguay, passenger traffic declined of 92.4% YoY, compared to a 93.5% in January 2021, impacted by the prolonged closure of borders to non-resident foreigners, with certain exceptions, and weak demand.
In Ecuador, passenger traffic declined 69.3% YoY, with declines of 62.5% in international traffic and 75.1% in domestic traffic, while in Armenia total passenger traffic dropped 53.9% during the month, an improvement from the 72.6% decline in January 2021.
Cargo Volume and Aircraft Movements
Cargo volume decreased 25.4% on February 2021, mainly due to declines of 23.2% in Argentina, 31.9% in Brazil and 39.6% in Ecuador.
Aircraft movements declined 53.4% YoY in February 2021, mainly attributed to decreases of 55.3% in Argentina, 35.0% in Brazil, 88.3% in Italy and 45.4% in Ecuador. Aircraft movements also declined 66.8% in Uruguay, 46.7% in Armenia and 67.3% in Peru.
Summary PassengerTraffic, Cargo Volume and Aircraft Movements
Feb'21 Feb'20 % Var. YTD'21 YTD'20 % Var.
Passenger Traffic (thousands)
Argentina^(1) 849 3,379 -74.9% 1,778 7,021 -74.7%
Italy 19 433 -95.6% 55 913 -93.9%
Brazil^(2) 831 1,515 -45.1% 2,061 3,391 -39.2%
Uruguay 15 193 -92.4% 30 426 -93.0%
Ecuador 116 378 -69.3% 240 763 -68.5%
Armenia 90 196 -53.9% 154 431 -64.1%
Peru 56 307 -81.9% 212 626 -66.1%
TOTAL 1,975 6,401 -69.1% 4,530 13,570 -66.6%
(1)
See Footnote 1 in previous table. (2) See Footnote 2 in previous table. (3) See Footnote 3 in previous table. (4) See Footnote 4 in previous table.
(1) See Footnote 1 in previous table. (2) See Footnote 2 in previous table. (3) See Footnote 3 in previous table. (4) See Footnote 4 in previous table.
Cargo Volume (tons)
Argentina
11,169
14,546
-23.2%
21,767
32,932
-33.9%
Italy
928
997
-6.9%
2,061
2,116
-2.6%
Brazil
4,256
6,252
-31.9%
8,714
10,863
-19.8%
Uruguay(3)
1,852
1,866
-0.8%
3,629
4,095
-11.4%
Ecuador
1,519
2,515
-39.6%
2,977
5,523
-46.1%
Armenia
1,083
1,575
-31.2%
1,870
2,603
-28.2%
Peru
203
418
-51.3%
409
824
-50.3%
TOTAL
21,010
28,169
-25.4%
41,427
58,957
-29.7%
Aircraft Movements
Argentina
15,350
34,348
-55.3%
31,827
71,104
-55.2%
Italy
535
4,585
-88.3%
1,532
9,403
-83.7%
Brazil
8,189
12,602
-35.0%
18,786
26,849
-30.0%
Uruguay
865
2,602
-66.8%
1,497
6,137
-75.6%
Ecuador
3,577
6,548
-45.4%
7,693
14,043
-45.2%
Armenia
980
1,837
-46.7%
1,720
4,075
-57.8%
Peru
785
2,400
-67.3%
2,227
4,991
-55.4%
TOTAL
30,281
64,922
-53.4%
65,282
136,602
-52.2%
To obtain the full text of this press release, please click on the following link: http://investors.corporacionamericaairports.com
Category: Operational Statistic
About Corporacin Amrica Airports
Corporacin 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/20210315005851/en/
CONTACT: Investor Relations Contact Gimena Albanesi Email: gimena.albanesi@caairports.com Phone: +5411 4852-6411