Corporación América Airports Announces Receipt of Payment of ICSID Arbitration Award by the Government of Peru

Corporación América Airports S.A. (NYSE: CAAP), a prominent private airport operator, has announced that its joint venture, Sociedad Aeroportuaria Kuntur Wasi S.A. (Kuntur Wasi), received a payment of US$91,205,056 from the Government of Peru. This payment follows a final arbitration award from the International Centre for Settlement of Investment Disputes (ICSID) issued in May 2024, concerning the termination of the concession agreement for the new Chinchero International Airport. The ICSID Tribunal determined that this termination was arbitrary and unjustified, lacking any legitimate public interest rationale.

Corporación América Airports holds an indirect 50% equity interest in Kuntur Wasi, meaning this payment will be reflected in CAAP’s financial results, post any relevant taxes or costs. The company's CEO, Martín Eurnekian, highlighted that receiving this payment marks a significant resolution of a protracted arbitration process, underscoring the company's adherence to its contractual commitments and the importance of engaging constructively with involved parties.

With operations across 52 airports in six countries, including Argentina, Brazil, and Italy, Corporación América Airports aims to continue expanding its influence in the aviation sector. The company reported that in 2025, it served approximately 86.7 million passengers, a record that reflects a 9.8% increase compared to the previous year.

This arbitration victory and the subsequent financial award come at a pivotal moment for CAAP, reiterating its operational integrity in the face of contractual challenges. Investors looking into the company can track its performance under the ticker "CAAP" on the New York Stock Exchange and access more information through their investor relations portal.

Corporación América Airports S.A. (NYSE: CAAP) recently made headlines with the announcement that its subsidiary, Sociedad Aeroportuaria Kuntur Wasi S.A., received a payment of approximately US$91.2 million from the Government of Peru. This payment follows a favorable ruling from the International Centre for Settlement of Investment Disputes (ICSID), which concluded that the termination of the concession agreement for the new Chinchero International Airport was arbitrary and unjustified.

From an investment perspective, this development is particularly significant. The substantial arbitration award not only bolsters CAAP’s financial position but also reflects the company’s commitment to navigating complex regulatory environments effectively. The infusion of funds will enhance liquidity and potentially enable CAAP to reinvest in its existing assets or pursue new growth opportunities, especially in the burgeoning airport sector. Furthermore, this resolution underscores CAAP’s capability to manage disputes through international arbitration, which can serve to build investor confidence.

It is worth noting that CAAP operates 52 airports across diverse markets, contributing to a robust portfolio that mitigates country-specific risks. The anticipated boost from the received award, combined with a reported 9.8% increase in passenger traffic year-on-year, showcases a positive growth trajectory for the company.

Investors should monitor any potential fluctuations in CAAP’s stock price as the market digests this news. Given the company’s favorable resolution and enhanced financial standing, there could be upward momentum in share values. It may be wise to consider CAAP as a strong buy for long-term investors looking for exposure to the transportation and infrastructure sector, especially in Latin America and Europe, where airport travel is rebounding post-pandemic. Regular updates on performance metrics in upcoming earnings reports will be crucial for further investment decisions.