Corporación América Airports SA, a leading private airport operator, has received a payment of $91.2 million from the Government of Peru following a decision by the International Centre for Settlement of Investment Disputes (ICSID). The payment resolves an arbitration case that arose after the Peruvian government terminated the concession agreement for the new Chinchero International Airport. The ICSID tribunal ruled that the termination was arbitrary, unjustified, and lacked a well-founded reason of public interest. The award will be reflected in the company’s financial statements, considering its indirect 50 percent equity interest in the affected entity, Sociedad Aeroportuaria Kuntur Wasi.

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