CAAP reports 51% YoY recovery in passenger traffic in October 2022

Corporación América Airports (CAAP) reported a 51.1% year-on-year (YoY) increase in passenger traffic in October 2022, reaching 88.3% of October 2019 levels, supported by a continued recovery in travel demand following the lifting of travel restrictions. The international and domestic passenger traffic improved to 90.4% and 86.0% of October 2019 levels, respectively. Argentina reported an increase of 112.4% YoY increase in passenger traffic reaching 93.0% of October 2019 levels, up from the 84.8% posted in September 2022. International passenger traffic improved to 81.7% of pre-pandemic levels while domestic passenger traffic increased sequentially reaching almost 100% of October 2019 levels. As