What happened Shares of Corporacion America Airports (CAAP 1.25%) gained more than 50% on Tuesday morning after the airport operator announced a 10-year extension to operate airports in Argentina.

Corporacion America Airports S.A. is a $3 billion airport concession operator with a presence in Argentina, Armenia, Brazil, Ecuador, Italy, and Uruguay. Read more here.

Share Argentina Officially Deregulates Airport Ground Handling Lori Ranson November 11, 2024 Credit: chrisstockphotography / Alamy Stock Photo ...

LATAM Argentina operated flights to and from 12 domestic destinations, as well as four international markets from Buenos Aires (EZE): Lima (LIM), Peru; Miami (MIA); Santiago (SCL), Chile; and Sao ...