Business
Corporación América Airports Announces an Amendment of the Armenia International Airports Concession Agreement
LUXEMBOURG, January 23, 2026--Corporación América Airports S.A. (NYSE: CAAP), ("CAAP" or the "Company"), one of the world’s leading private airport operators, announced today that its subsidiary Armenia International Airports CJSC ("AIA"), the operator of Zvartnots and Gyumri Shirak International Airports in Yerevan, Armenia, has entered into an amendment agreement with the Government of the Republic of Armenia ("GOA") to amend certain terms of the existing concession agreement originally signed
About this update from Corporacion America Airports Sa
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":360,"url":"https://media.zenfs.com/en/business-wire.com/f4cd2954474ba48aada6ae9f91882e42"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/s8PNRaFHWPMlYyNlgln1Vg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTcyMDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/f4cd2954474ba48aada6ae9f91882e42","width":480,"height":360}},"lazy":false},{"type":"text","content":"Contract term extended by 35 years, through December 2067","length":57,"tagName":"p","attribs":{}},{"type":"text","content":"Commitment to submit a $425 million Master Plan by January 31, 2026","length":67,"tagName":"p","attribs":{}},{"type":"text","content":"LUXEMBOURG, January 23, 2026--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), ("CAAP" or the "Company"), one of the world’s leading private airport operators, announced today that its subsidiary Armenia International Airports CJSC ("AIA"), the operator of Zvartnots and Gyumri Shirak International Airports in Yerevan, Armenia, has entered into an amendment agreement with the Government of the Republic of Armenia ("GOA") to amend certain terms of the existing concession agreement originally signed on December 17, 2001.","length":579,"tagName":"p"},{"type":"text","content":"Key changes to the concession agreement include:","length":48,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Term. The concession term has been extended by 35 years through December 31, 2067. The amended agreement further provides for the possibility to discuss potential future extensions, subject to mutual agreement.","length":210,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Transition to an inflation-based regime. The amendment replaces the former single-till framework with an inflation-based regime, providing for annual tariff adjustments starting in April 2027.","length":192,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"New Master Plan and capital investment program. Pursuant to the terms of the amendment agreement, AIA shall submit a new Master Plan by January 31, 2026, including a capital investment program of $425 million to be executed by 2033, covering infrastructure development, oper...