America Airports Corporation SA Releases April 2025 Passenger Traffic Data
Corporación América Airports S.A. one of the world’s largest private airport operators, announced today a robust 14.0% year-over-year (YoY) increase in total passenger traffic for the month of April 2025. The growth reflects broad-based strength across most of its operating markets, supported by the ongoing recovery in domestic air travel, new route openings, increased airline frequencies, and a surge in international demand.
Passenger Traffic, Cargo Volume, and Aircraft Movement Performance – April 2025 Overview
In April 2025, CAAP airports welcomed nearly 6.9 million passengers across its global network, compared to approximately 6.05 million in April 2024. This performance represents a notable 14.0% increase YoY and highlights the continued normalization of travel demand post-pandemic, particularly in Latin America and parts of Europe.
The company also reported improvements in aircraft movements, which grew by 11.3% YoY to 71.7 thousand operations in April. On the cargo America Airports front, however, CAAP saw a modest decline of 2.3% YoY in cargo volume to 32.2 thousand tons, largely impacted by reductions in Uruguay and Ecuador.
For the year to date (YTD) through April 2025, CAAP handled a total of 27.27 million passengers, marking an 8.9% increase America Airports compared to the 25.03 million transported during the same period in 2024. When adjusted to exclude the Natal airport, which CAAP ceased operating in February 2024 following a friendly termination process, YTD passenger growth improves further to 10.5%.
April 2025 Passenger Traffic Breakdown
CAAP’s reported passenger traffic includes three key categories: domestic, international, and transit. Each segment showed healthy growth in April:
- Domestic passengers: 3.53 million (+13.5% YoY)
- International passengers: 2.75 million (+14.1% YoY)
- Transit passengers: 624 thousand (+16.5% YoY)
- Total passengers: 6.90 million (+14.0% YoY)
This performance underscores a positive trend in both regional and global mobility, supported by increasing airline capacity and the launch of new routes across CAAP’s airport portfolio.
Argentina: The Largest Growth Contributor
Argentina continues to be CAAP’s largest and most dynamic market, accounting for over 60% of the total passenger growth in April. Total passenger traffic in Argentina rose by an impressive 16.4% YoY. The domestic segment led the America Airports recovery, expanding by 13.9% YoY—marking the second consecutive month of double-digit growth. International travel, meanwhile, jumped by 21.1% YoY.
Several airline developments helped fuel this growth. JetSMART, a growing force in Argentina’s domestic aviation scene, added new routes between Aeroparque and Resistencia, as well as Aeroparque and Trelew, boosting its market share to become the country’s second-largest domestic carrier. Aerolíneas Argentinas, the America Airports national flag carrier, resumed services on the Salta–Rosario and Neuquén–Rosario routes, improving intercity connectivity. Andes Líneas Aéreas also strengthened its fleet by adding two Boeing 737-700 aircraft, helping meet increased travel demand.
On the international front, capacity enhancements and route additions were key drivers. JetSMART increased frequencies on the Buenos Aires–Asunción route. GOL resumed flights between Córdoba and São Paulo and also announced daily service between Buenos Aires and Brasília. SKY Airline began operating a new route from Buenos Aires to Salvador de Bahía, while Arajet boosted the frequency of its Buenos Aires–Punta Cana flights.
Italy: Double-Digit Gains Supported by Ryanair
Passenger traffic across CAAP’s Italian airports increased by 11.2% YoY in April. The majority of this growth came from international travelers, who made up more than 80% of total traffic. International traffic increased 10.3% YoY, driven by a 13.2% rise at Florence Airport and an 8.3% increase at Pisa Airport.
Domestic travel in Italy also showed strong momentum, expanding by 15.0% YoY. Pisa Airport played a central role in driving this domestic growth, supported by route expansions and increased frequencies from Ryanair, one of the largest low-cost carriers operating in Italy.
Brazil: Strong Recovery Despite Industry Challenges
CAAP’s Brazilian operations recorded a 16.8% increase in total passenger traffic in April, showing signs of solid recovery even as the country grapples with aviation challenges, such as aircraft availability and macroeconomic pressures.
Domestic traffic, accounting for nearly 60% of the total, grew by 16.2% YoY, while transit passenger traffic rose by 12.8% YoY. These America Airports figures suggest improved consumer confidence and rising demand for regional air travel within Brazil.
Uruguay: Boost from Holiday Travel and New Route to Brazil
Uruguay posted a strong 17.1% YoY increase in total passenger traffic, which is predominantly international in nature. The surge was aided by heightened travel activity surrounding the Easter holiday and was further supported by Azul Linhas Aéreas’ announcement of a new route linking Montevideo and Campinas, Brazil. The route, which offers five weekly flights, is expected to enhance connectivity between the two countries and stimulate additional tourism and business traffic.
Ecuador: Ongoing Security Concerns Weigh on Performance
Unlike CAAP’s other markets, Ecuador experienced a 1.8% YoY decline in total passenger traffic for April. International traffic fell 3.3% YoY, largely America Airports due to a reduction in services to the United States, while domestic traffic edged down by 0.6%. Elevated airfares and ongoing security concerns have negatively impacted travel sentiment and constrained demand in the region.
Armenia: Continued Growth with New Airline Entrants and Routes
Passenger traffic in Armenia increased by 7.8% YoY in April, benefiting from new airline services and expanded route offerings. Notably, Wizz Air announced the opening of a new base at Zvartnots International Airport in Yerevan. The base will house two aircraft and operate eight new direct routes to various European destinations, a development expected to further stimulate international travel into and out of Armenia.
Cargo Volume: A Slight Contraction Driven by Regional Weaknesses
Despite strong performance in passenger operations, CAAP reported a 2.3% YoY decline in cargo volume for April 2025, totaling 32.2 thousand tons. The decline was mainly driven by sharp contractions in Uruguay (-14.2%) and Ecuador (-17.6%), while Italy also saw a marginal drop of 1.0%.
However, some markets posted gains: cargo volumes rose by 2.4% in Brazil and 7.8% in Armenia. Argentina, Brazil, and America AirportsArmenia together represented 80% of the company’s total cargo volume during the month. Argentina’s slight cargo decline of 0.5% did little to offset the losses elsewhere.
Aircraft Movements: Sign of Sustained Operational Growth
Total aircraft movements reached 71.7 thousand in April, up 11.3% from the same month in 2024. The increase in movements is consistent with the growth America Airports in passenger traffic and indicates a strong operational recovery across America Airports CAAP’s network. For the YTD period, aircraft movements totaled 278.0 thousand, a 5.1% increase versus the 264.5 thousand recorded in the first four months of 2024.
The April performance highlights CAAP’s ongoing recovery momentum and its ability to capitalize on rising demand for both domestic and international travel across multiple geographies. With continued airline expansion, route America Airports development, and easing of global travel constraints, the company remains well positioned to drive further traffic and revenue growth through the remainder of 2025.
While cargo volumes faced temporary headwinds, especially in select Latin American markets, the overall operational outlook remains favorable. The growth in aircraft movements and the strong YTD gains—especially when America Airports adjusted for the discontinued Natal operations—suggest a solid foundation for sustained recovery and long-term value creation.