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Section 1: 6-K (CORPORACION AMERICA AIRPORTS S.A. 6-K)


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20546

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of September, 2019

Commission File Number:333-221916



Corporación América Airports S.A.
(Name of Registrant)

4, rue de la Grêve
L-1643, Luxembourg
Tel: +35226258274
Fax: +35226259776
(Address of Principal Executive Office)




Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒                                        Form 40-F ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.



SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


Date: September 19, 2019

  Corporación America Airports S.A.  
       

By:
/s/ Andres Zenarruza  
  Name:
Andres Zenarruza  
  Title: Legal Manager  
       
  By: /s/ Raúl Guillermo Francos  
  Name: Raúl Guillermo Francos  
  Title: Chief Financial Officer  
       



Exhibit Index

Exhibit No.
Description

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Section 2: EX-99.1 (EXHIBIT 99.1)

 
Exhibit 99.1


Corporación América Airports S.A. Reports 1.6% YoY Increase in Total Passenger Traffic in August 2019

Passenger traffic up 9.0% YoY in Argentina and 15.0% in Armenia, partially offset by declines in Brazil and Italy

LUXEMBOURG--(BUSINESS WIRE)--September 19, 2019--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”) the largest private sector airport operator in the world by number of airports, reported today preliminary year-over-year passenger traffic growth of 1.6% in August 2019.

Passenger Traffic, Cargo Volume and Aircraft Movements Highlights

Statistics

Aug'19(1)

Aug'18

% Var.


YTD’19

YTD’18

% Var.

Domestic Passengers (thousands)

4,257

4,106

3.7%


31,422

29,235

7.5%

International Passengers (thousands)

2,632

2,524

4.3%


18,619

18,709

-0.5%

Transit Passengers (thousands)

649

789

-17.8%


5,630

5,987

-6.0%

Total Passengers (thousands)

7,538

7,419

1.6%


55,671

53,931

3.2%

Cargo Volume (thousand tons)

32.1

31.2

3.0%


276.4

259.1

6.6%

Total Aircraft Movements (thousands)

77.1

79.9

-3.6%


574.3

587.6

-2.3%

(1)      Preliminary data on 750 flights at Brasilia Airport, due to delays in the submission of information by third parties

Passenger Traffic Overview

Total passenger traffic in August 2019 increased 1.6% YoY primarily reflecting growth of 9.0% in Argentina and 15.0% in Armenia, partially offset by declines in Brazil and Italy.

In Argentina, total passenger traffic increased 9.0% YoY, driven by growth of 11.0% in domestic passengers as a result of the continued good performance of new routes by existing and new airlines introduced during 2018 and 2019, together with a mix-shift to domestic from international travel by local passengers, further supported by an increase of 3.6% in international passenger traffic, signaling a slight recovery from the recent downward trend. In addition, Air Europa started a new flight connecting Iguazú Airport with Madrid, Spain, via Asunción, Paraguay. Moreover, Norwegian Air Argentina announced a new domestic route to Ushuaia, starting in September, further enhancing connectivity in the country while low-cost carrier Flybondi announced a new international route to Rio de Janeiro, Brasil, with three weekly flights, starting in October.

In Italy, passenger traffic declined 1.7% YoY, reflecting a drop of 3.4% in passenger traffic at Pisa Airport, mainly due to the reduction of operations by Ryanair due to adjustments in operational schedules. The suspension of Pobeda’s route to Saint Petersburg and lower frequencies to Moscow also contributed to lower traffic at Pisa Airport. This was partially offset by growth of 2.4% at Florence Airport, reflecting additional flights to Paris, France, by Air France and, to a lesser extent, additional flights to Madrid, Spain, by Iberia.

In Brazil, estimated figures are disclosed given delays in the submission of information for 750 flights out of a total of 6,823 flights, due to information systems transition by third parties. Passenger traffic declined 14.5%, primarily reflecting the cessation of operations by a Avianca Brasil. Domestic passengers declined 9.9% while international passengers increased 28.3% according to the new methodology introduced by ANAC. In addition, Gol announced additional domestic flights from Natal Airport to Rio de Janeiro, São Paulo, and Brasilia, starting in December, while Latam Airlines Brasil announced additional flights from Natal to São Paulo beginning November. Moreover, Azul Airlines announced additional frequencies to Viracopos, Campinas, in December.

In Armenia, total passenger traffic increased 15.0%, benefiting from the addition of several new routes and frequencies during 2018 and 2019, and also reflecting the increase in flights from Russia to Armenia, given Russia’s ban on flights to and from Georgia.

In Ecuador, total passenger traffic increased 0.2%, with international passenger traffic increasing 5.6%, mainly reflecting new flights by Jet Blue and Aeroméxico started earlier this year. However, Aeroméxico recently announced that it will discontinue this route starting October 2019. Traffic growth was also driven by the new route by Plus Ultra to Madrid, Spain, opened during July 2019. In addition, during August low-cost carrier Wingo Airlines started a new flight to Bogotá, Colombia operating from Guayaquil Airport. Moreover, Iberia announced a new route to Madrid, Spain, starting in December.

Cargo Volume and Aircraft Movements

Cargo volume increased 3.0% in August 2019, mainly as a result increases of 25.4% in Brazil and 19.1% in Italy, partially offset by declines of 7.4% and 13.0% in Ecuador and Armenia, respectively.

Aircraft movements decreased 3.6% in August 2019, mainly as a result of declines of 15.4% in Brazil and 2.0% in Argentina.


Summary Passenger Traffic, Cargo Volume and Aircraft Movements

 

Aug'19

Aug'18

% Var.


YTD’19

YTD’18

% Var

Passenger Traffic (thousands)

 

 

 


 

 

 

Argentina

3,821

3,507

9.0%


28,693

26,263

9.2%

Italy

902

917

-1.7%


5,569

5,599

-0.5%

Brazil (1)

1,467

1,717

-14.5%


12,464

13,403

-7.0%

Uruguay

173

171

1.0%


1,490

1,552

-4.0%

Ecuador

418

417

0.2%


3,053

2,939

3.9%

Armenia

400

347

15.0%


2,092

1,873

11.7%

Peru

358

344

4.1%


2,311

2,301

0.4%

TOTAL

7,538

7,419

1.6%


55,671

53,931

3.2%

(1)  Preliminary data on 750 flights at Brasilia Airport, due to delays in the submission of information by third parties.

Cargo Volume (tons)

 

 

 


 

 

 

Argentina

17,247

17,386

-0.8%


146,445

151,881

-3.6%

Italy

827

695

19.1%


8,494

7,469

13.7%

Brazil

6,823

5,439

25.4%


62,505

40,787

53.2%

Uruguay

1,980

2,044

-3.1%


16,923

17,532

-3.5%

Ecuador

2,933

3,168

-7.4%


27,044

26,951

0.3%

Armenia

1,773

2,039

-13.0%


11,606

11,336

2.4%

Peru

540

428

26.1%


3,340

3,193

4.6%

TOTAL

32,123

31,199

3.0%


276,357

259,148

6.6%








 

Aircraft Movements

 

 

 


 

 

 

Argentina

39,702

40,494

-2.0%


301,737

298,659

1.0%

Italy

8,379

8,467

-1.0%


53,583

53,049

1.0%

Brazil

13,370

15,809

-15.4%


106,054

123,376

-14.0%

Uruguay

2,084

2,362

-11.8%


20,071

22,871

-12.2%

Ecuador

7,423

7,147

3.9%


55,102

52,141

5.7%

Armenia

3,221

2,504

28.6%


17,636

15,886

11.0%

Peru

2,894

3,141

-7.9%


20,165

21,666

-6.9%

TOTAL

77,073

79,924

-3.6%


574,348

587,648

-2.3%

To obtain the full text of this press release, please click on the following link: http://investors.corporacionamericaairports.com

About Corporación América Airports

Corporación América Airports acquires, develops and operates airport concessions. The Company is the largest private airport operator in the world by the number of airports and the tenth largest based on passenger traffic. Currently, the Company operates 52 airports in 7 countries across Latin America and Europe (Argentina, Brazil, Uruguay, Peru, Ecuador, Armenia and Italy). In 2018, Corporación América Airports served 81.3 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.

 

Contacts

Investor Relations Contact
Gimena Albanesi
Email: [email protected]
Phone: +5411 4852-6411

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