Corporación América Airports S.A. $(CAAP)$, a leading private airport operator, has announced a significant amendment to its concession agreement with the Government of Armenia for the operation of Zvartnots and Gyumri Shirak International Airports. The concession term has been extended by 35 years, now running through December 31, 2067, with the possibility of further extensions subject to mutual agreement. The updated agreement enhances long-term operational visibility, introduces a clear tariff adjustment mechanism linked to inflation indices and exchange rates, and provides compensation measures for events such as force majeure, regulatory changes, or additional capital investments. Additionally, it clarifies AIA’s exclusive rights over aeronautical and non-aeronautical activities, including future infrastructure for eVTOL operations, and refines termination and indemnification procedures. The amendment underscores CAAP’s commitment to developing and modernizing Armenia’s airport infrastructure.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Corporacion America Airports SA published the original content used to generate this news brief via Business Wire (Ref. ID: 20260123787004) on January 23, 2026, and is solely responsible for the information contained therein.