Corporacion America Airports Secures 35-Year Extension for Armenia Airport Concession
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Corporación América Airports S.A. has secured a 35-year extension for its concession agreement with the Government of Armenia for Zvartnots and Gyumri Shirak International Airports, now valid until December 31, 2067. The agreement includes a tariff adjustment mechanism linked to inflation and exchange rates, compensation measures for unforeseen events, and exclusive rights for aeronautical and non-aeronautical activities. This amendment highlights CAAP's commitment to enhancing Armenia's airport infrastructure.
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