Our airports benefited from a sustained recovery in travel demand underpinned by higher load factors and the gradual return of flight routes and frequencies across our operations.

May 23, 2024 / receipt, needs a key / Martín Ornequian, CEO | earnings call 2024-05-23 | transcript 2ad802c9-1281-46ae-84be-7b18c56796e1 | chars 2840-3019 | segment 2

Nevertheless, the government's proposed Open Skies policy will allow more companies to operate domestic and international flights.

Mar 21, 2024 / receipt, needs a key / Martín Arnequian, CEO | earnings call 2024-03-21 | transcript aac9928d-c685-4cb1-8f73-9bbe5643940d | chars 13738-13868 | segment 13

In the near term, we expect to continue benefiting from high summer holiday travel in Europe while remaining vigilant on the overall macro and geopolitical situation and its potential impact.

Aug 19, 2022 / receipt, needs a key / Martín Euromechiano, CEO | earnings call 2022-08-19 | transcript 744fab09-4794-46e1-93d4-a58390035063 | chars 8266-8457 | segment 8

Pent-up demand and lifting of travel restrictions continue to support the positive traffic recovery trend with a total of 15.1 million passengers traveling across our airports during the quarter and reaching 76% of second quarter 2019 levels.

Aug 19, 2022 / receipt, needs a key / Martín Euromechiano, CEO | earnings call 2022-08-19 | transcript 744fab09-4794-46e1-93d4-a58390035063 | chars 2169-2411 | segment 2

Armenia, which only operates international travel, again led the rebound with traffic surpassing second quarter of 2019 levels by 6% in the quarter, accelerating to plus 12% in July.

Aug 19, 2022 / receipt, needs a key / Martín Euromechiano, CEO | earnings call 2022-08-19 | transcript 744fab09-4794-46e1-93d4-a58390035063 | chars 2497-2679 | segment 2

Traffic in Italy was up by more than five times year on year, to nearly 85% of second quarter of 2019 levels, benefiting from the start of the summer season and the full lifting of travel restrictions, which was in effect last June.

Aug 19, 2022 / receipt, needs a key / Martín Euromechiano, CEO | earnings call 2022-08-19 | transcript 744fab09-4794-46e1-93d4-a58390035063 | chars 2847-3079 | segment 2

In Brazil, traffic stood at 76% of second quarter of 2019 levels, slightly below the 77% posted in the first quarter as rising fuel prices added pressure on airfares.

Aug 19, 2022 / receipt, needs a key / Martín Euromechiano, CEO | earnings call 2022-08-19 | transcript 744fab09-4794-46e1-93d4-a58390035063 | chars 3207-3373 | segment 3

By contrast, Argentina and Uruguay remain heavily impacted by severe government travel restrictions to contain the spread of the COVID-19 virus during the quarter. However, borders in these two countries were fully open starting November 1st, on the back of the advanced rollout of the vaccination campaigns and warmer weather as we approach the summer season in Latin America.

Nov 18, 2021 / receipt, needs a key / Martín Ornagian, CEO | earnings call 2021-11-18 | transcript 6d61a321-e1c0-48ee-a672-382434154505 | chars 2350-2727 | segment 2

Beginning this month, both Argentina and Uruguay opened their borders to international travel with certain requirements as reflected by the green boxes on this slide. By contrast, Italy increased travel restrictions for certain countries given a spike in COVID cases after the summer season.

Nov 18, 2021 / receipt, needs a key / Martín Ornagian, CEO | earnings call 2021-11-18 | transcript 6d61a321-e1c0-48ee-a672-382434154505 | chars 4629-4920 | segment 4

In Brazil, traffic more than doubled year on year as health conditions improved, reaching 74% of the passenger levels of the corresponding quarter in 2019. Domestic travel is not restricted, while international travel is now fully open, only subject to presenting a negative COVID test prior to boarding.

Nov 18, 2021 / receipt, needs a key / Martín Ornagian, CEO | earnings call 2021-11-18 | transcript 6d61a321-e1c0-48ee-a672-382434154505 | chars 6220-6524 | segment 6

This momentum is anticipated to strengthen in our main LATAM markets as we enter the summer season on the back of the recently relaxed travel ban, better sanitary conditions and pent-up demand.

Nov 18, 2021 / receipt, needs a key / Martín Ornagian, CEO | earnings call 2021-11-18 | transcript 6d61a321-e1c0-48ee-a672-382434154505 | chars 8042-8235 | segment 7

Long term, we are confident people's desire to travel remains unchanged. This, together with strong pent-up demand, should contribute to drive sustained traffic growth.

May 20, 2021 / receipt, needs a key / Martín Ormequian, CEO | earnings call 2021-05-20 | transcript 70edda46-ff56-4340-a094-745a941cb257 | chars 12858-13026 | segment 13