CAAP reports stable May traffic as international passengers rise 7.3%
Corporación América Airports S.A. reported a 0.2% year-on-year decrease in total passenger traffic for May 2026, serving 6.89 million passengers. International passenger traffic increased by 7.3%, offsetting an 8.5% decline in domestic traffic. Year-to-date passenger traffic grew 4.7% to 35.76 million.
*this image is generated using AI for illustrative purposes only.
Corporación América Airports S.A. reported a 0.2% year-on-year decrease in total passenger traffic for May 2026, serving 6.89 million passengers compared to 6.90 million in the same period last year. The decline was driven by an 8.5% drop in domestic passengers to 3.21 million, which was partially offset by a 7.3% increase in international passengers to 2.99 million. Year-to-date passenger traffic grew 4.7% to 35.76 million, supported by robust international demand.
Passenger Traffic Overview
The company's performance in May 2026 was mixed across its operating regions. International traffic growth was broad-based, with increases in Uruguay, Argentina, Italy, and Ecuador, alongside double-digit growth in Armenia despite regional disruptions related to the conflict in Iran. Brazil was the only country where international traffic did not contribute positively.
In Argentina, total passenger traffic decreased by 5.7% year over year to 3.34 million. Domestic traffic declined by 12.2%, primarily due to reduced capacity at Flybondi and JetSMART, while international traffic rose 7.2% to 2.99 million. Italy reported a 5.6% increase in total traffic to 1.03 million, driven by strong international demand. Brazil's total traffic grew 3.6% to 1.41 million, supported by a 14.7% rise in transit passengers. Uruguay and Ecuador saw total traffic increases of 7.0% and 2.6%, respectively. Armenia led growth with a 12.7% increase to 527,000 passengers.
Operational Metrics
Cargo volume decreased by 2.7% year over year to 32,700 tons in May 2026. Growth in Argentina and Armenia was insufficient to offset declines in Italy, Ecuador, Uruguay, and Brazil. Argentina, Brazil, and Ecuador accounted for nearly 80% of total cargo volumes.
Total aircraft movements declined by 1.1% to 70,538. Positive contributions from Armenia, Italy, and Brazil were outweighed by declines in Ecuador, Argentina, and Uruguay. Argentina, Brazil, and Italy represented more than 80% of total aircraft movements for the month.
| Statistics | May'26 | May'25 | % Var. | YTD'26 | YTD'25 | % Var. |
|---|---|---|---|---|---|---|
| Domestic Passengers (thousands) | 3,206 | 3,502 | -8.5% | 17,267 | 17,671 | -2.3% |
| International Passengers (thousands) | 2,991 | 2,787 | 7.3% | 14,850 | 13,366 | 11.1% |
| Transit Passengers (thousands) | 691 | 614 | 12.5% | 3,646 | 3,132 | 16.4% |
| Total Passengers (thousands) | 6,888 | 6,903 | -0.2% | 35,762 | 34,169 | 4.7% |
| Cargo Volume (thousand tons) | 33 | 34 | -2.7% | 166 | 162 | 2.3% |
| Total Aircraft Movements (thousands) | 71 | 71 | -1.1% | 355 | 349 | 1.7% |
Will the reduction in domestic capacity by Flybondi and JetSMART in Argentina continue to impact passenger traffic in the coming quarters?
How might the ongoing regional disruptions in Iran affect future operational stability and traffic growth in Armenia?
Can the robust growth in international passenger traffic be sustained to offset the persistent decline in domestic passenger numbers?
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