Corporación América Airports (NYSE:CAAP) reported robust passenger growth for 2025, fueled by a surge in international travel and record-breaking performances in key markets.
The Luxembourg-based company, which operates 52 airports worldwide, handled 86.7 million passengers in 2025, a 9.8% increase over the previous year.
December was particularly strong, with total traffic rising 8.5% year-on-year to 7.56 million travelers.
The growth was led by a 12.1% spike in international traffic during the final month of the year, outstripping a 5.9% rise in domestic travel.
Argentina remained the company's primary growth engine, accounting for more than half of the total year-over-year traffic increase in December.
The country, along with Italy, Uruguay, and Armenia, achieved all-time annual passenger records in 2025.
Brazil also posted impressive results, with December traffic jumping 15.7% as the aviation environment there continued to stabilize.
The strong operational data has supported a significant rally in CAAP's stock, which has gained more than 40% over the past twelve months.