CAAP Corporacion America Airports SA

 

 

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 May, 2024

 

Commission File Number: 333-221916

 

 

Corporación América Airports S.A.

(Name of Registrant)

 

128, Boulevard de la Pétrusse
L-2330 Luxembourg
Tel: +35226258274
(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 x    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: May 16, 2024

 

	Corporación America Airports S.A.
	By:	/s/ Andres Zenarruza
	Name: Andres Zenarruza
	Title: Head of Legal & Compliance
	By:	/s/ Jorge Arruda
	Name: Jorge Arruda
	Title: Chief Financial Officer

 

 

Exhibit Index

 

Exhibit No.	Description
99.1	Press release dated May 16, 2024 - Corporación América Airports S.A. Announces Recent Developments in Uruguay.

 

 

 

Exhibit 99.1 

 

 

 

 

Corporación América Airports Announces Recent Developments in Uruguay

 

Receives approval for investment projects at Carrasco Airport

Extends Punta del Este concession term by ten years through 2043

 

Luxembourg, May 16, 2024— Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”), one of the leading private airport operators in the world, announced today the following recent developments related to the Carrasco International Airport in Montevideo, and the Punta del Este International Airport in Maldonado, Uruguay, operated by its fully-owned subsidiaries Puerta del Sur S.A. (“PdS”) and Consorcio Aeropuertos Internacionales S.A. (“CAISA”), respectively.

 

Carrasco International Airport – Puerta del Sur S.A.

 

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On May 15, PdS signed an amendment to its concession agreement to include part of the building of the old passenger terminal of the Carrasco International Airport into the concession, in which PdS plans to invest approximately $5.5 million to expand its cargo activities, in particular, pharma and courier. As part of the agreement, PdS will pay an additional fee as compensation for the new activities carried out in the aforementioned space.

 

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On May 15, PdS signed an amendment to its concession agreement to invest in a new Instrument Landing System (ILS) category IIIb, similar to those utilized in the world's major airports. This system will enable aircraft to land safely in adverse weather conditions, thereby enhancing air connectivity, increasing predictability for airlines, and providing a competitive advantage for aviation development. The amendment includes a tariff adjustment (approach fee) that will be charged by PdS.

 

Punta del Este Airport – Consorcio Aeropuertos Internacionales S.A.

 

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On May 15, CAISA signed an amendment to its concession agreement that includes the extension of the term of the concession agreement for a ten-year period from 2033 through 2043, the removal of certain investment projects from the previous agreement, and a new commitment to invest $3.0 million within the period of 2024-2026.

 

“We are pleased to have received approval for these projects at the Carrasco Airport and for the extension of the Punta del Este Concession Agreement for an additional period of ten years. This deepens our commitment to continue enhancing the development of Uruguay's aeronautical industry and building on our strategy to provide a unique travel experience to the approximately 2 million passengers traveling through our airports annually. We also remain focused on supporting future growth by investing in sustainable infrastructure that will raise the operational level and services of the eight airports that we operate in this country,” commented Mr. Martín Eurnekian, CEO of Corporación América Airports.

 

About Corporación América Airports

 

Corporación América Airports acquires, develops and operates airport concessions. The Company is one of the leading private airport operators in the world, currently operating 52 airports in 6 countries across Latin America and Europe (Argentina, Brazil, Uruguay, Ecuador, Armenia and Italy). In 2023, Corporación América Airports served 81.1 million passengers, 23.7% above the 65.6 million passengers served in 2022 and 3.6% below the 84.2 million served in 2019. 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

 

Investor Relations Contact

Patricio Iñaki Esnaola

Email: patricio.esnaola@caairports.com
Phone: +5411 4899-6716

 

 

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