Corporacion America attributes 11% reduction in passengers in Brazil to demise of Avianca Brazil

29 November, 2019

Corporacion America Airports attributed (22-Nov-2019) a 11.8% year-on-year (unconsolidated) reduction in passenger traffic in Brazil during 3Q2019 primarily to the cessation of operations by Avianca Brazil. Domestic and transit traffic declined 8.4% and 19.2% respectively, offset by a 22.1% increase in international traffic. [more - original PR]