v3.26.1
Segment information - Geographical information (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Segment information      
Aeronautical revenue $ 934,704 $ 876,729 $ 644,453
Non aeronautical revenue      
Commercial revenue 813,124 738,688 603,651
Construction service revenue 205,777 223,361 144,722
Other revenue 8,529 4,489 7,212
Revenue 1,962,134 1,843,267 1,400,038
Concession fees (220,622) (210,601) (156,245)
Construction services cost (193,499) (216,834) (138,271)
Cost of fuel (114,001) (98,689) (113,067)
Operational expenditure (1,492,561) (1,435,441) (1,053,346)
Selling, general and administrative expenses (220,198) (198,108) (138,669)
Impairment reversal / (loss) of non-financial assets (335)   102,838
Other operating income 31,792 46,390 100,560
Other operating expense (12,746) (6,963) (9,453)
Operating income / (loss) 488,284 447,253 540,637
Share of income / (loss) in associates 31,083 (996) 7,108
Current assets 985,042 765,514  
Non-current assets 3,463,635 3,415,936  
Capital expenditure 226,787 235,712  
Current liabilities 728,514 603,730  
Non-current liabilities 2,059,415 2,059,760  
Operating segments      
Segment information      
Aeronautical revenue 934,704 876,729 644,453
Non aeronautical revenue      
Commercial revenue 822,687 746,550 611,323
Construction service revenue 205,777 223,361 144,722
Other revenue 8,518 4,429 7,212
Revenue 1,971,686 1,851,069 1,407,710
Salaries and social security contributions (297,247) (296,781) (217,891)
Concession fees (230,302) (218,668) (163,981)
Construction services cost (193,499) (216,834) (138,271)
Maintenance expenses (187,413) (173,186) (107,749)
Amortization and depreciation (196,679) (170,574) (117,744)
Cost of fuel (114,001) (98,708) (113,338)
Other operational expenditures (258,967) (244,787) (186,300)
Operational expenditure (1,478,108) (1,419,538) (1,045,274)
Impairment reversal / (loss) of non-financial assets (335)   102,838
Other operating income 30,517 46,279 97,590
Other operating expense (12,744) (6,963) (9,451)
Operating income / (loss) 511,016 470,847 553,413
Share of income / (loss) in associates 10 11 9
Amortization and depreciation 196,679 170,574 117,744
Adjusted Ebitda 707,705 641,432 671,166
Construction services revenue (205,777) (223,361) (144,722)
Construction services cost 193,499 216,834 138,271
Adjusted Ebitda excluding Construction Services 695,427 634,905 664,715
Current assets 619,128 541,147  
Non-current assets 3,189,268 3,174,642  
Capital expenditure 226,785 235,684  
Current liabilities 751,852 601,593  
Non-current liabilities 1,773,181 1,742,365  
Operating segments | Argentina      
Segment information      
Aeronautical revenue 545,455 512,153 296,393
Non aeronautical revenue      
Commercial revenue 400,555 376,187 251,274
Construction service revenue 123,461 155,641 93,014
Revenue 1,069,471 1,043,981 640,681
Salaries and social security contributions (175,606) (184,764) (109,260)
Concession fees (138,108) (130,156) (79,930)
Construction services cost (123,177) (155,375) (92,899)
Maintenance expenses (132,948) (132,313) (66,423)
Amortization and depreciation (132,932) (110,829) (60,534)
Other operational expenditures (126,470) (123,586) (66,197)
Operational expenditure (829,241) (837,023) (475,243)
Other operating income 25,646 22,705 13,426
Other operating expense (10,008) (5,233) (7,344)
Operating income / (loss) 255,868 224,430 171,520
Share of income / (loss) in associates   (1) (5)
Amortization and depreciation 132,932 110,829 60,534
Adjusted Ebitda 388,800 335,258 232,049
Construction services revenue (123,461) (155,641) (93,014)
Construction services cost 123,177 155,375 92,898
Adjusted Ebitda excluding Construction Services 388,516 334,992 231,933
Current assets 251,740 242,657  
Non-current assets 1,852,734 1,999,467  
Capital expenditure 123,742 155,747  
Current liabilities 277,104 253,577  
Non-current liabilities 764,975 846,196  
Operating segments | Brazil      
Segment information      
Aeronautical revenue 44,935 40,809 45,656
Non aeronautical revenue      
Commercial revenue 72,815 68,817 64,838
Construction service revenue 777 1,498 151
Revenue 118,527 111,124 110,645
Salaries and social security contributions (21,776) (22,456) (24,592)
Concession fees (22,300) (21,947) (22,551)
Construction services cost (777) (1,498) (151)
Maintenance expenses (5,773) (5,594) (7,359)
Amortization and depreciation (11,403) (11,190) (12,035)
Cost of fuel (287) (267) (356)
Other operational expenditures (19,936) (19,502) (23,324)
Operational expenditure (82,252) (82,454) (90,368)
Impairment reversal / (loss) of non-financial assets     103,764
Other operating income 3,348 22,110 82,793
Other operating expense (26) (447) (542)
Operating income / (loss) 39,597 50,333 206,292
Amortization and depreciation 11,403 11,190 12,035
Adjusted Ebitda 51,000 61,523 218,327
Construction services revenue (777) (1,498) (151)
Construction services cost 777 1,498 151
Adjusted Ebitda excluding Construction Services 51,000 61,523 218,327
Current assets 112,487 66,824  
Non-current assets 489,453 461,164  
Capital expenditure 2,832 2,610  
Current liabilities 279,587 181,138  
Non-current liabilities 782,678 704,842  
Operating segments | Uruguay      
Segment information      
Aeronautical revenue 84,422 81,033 65,428
Non aeronautical revenue      
Commercial revenue 85,479 75,137 68,077
Construction service revenue 32,538 37,903 31,705
Other revenue 28 16 20
Revenue 202,467 194,089 165,230
Salaries and social security contributions (31,017) (27,311) (25,221)
Concession fees (23,782) (21,672) (18,748)
Construction services cost (32,538) (37,903) (31,705)
Maintenance expenses (20,271) (16,034) (14,878)
Amortization and depreciation (10,725) (9,553) (8,154)
Cost of fuel (3,430) (3,519) (3,740)
Other operational expenditures (24,450) (23,440) (20,515)
Operational expenditure (146,213) (139,432) (122,961)
Other operating income 287 23 60
Other operating expense (1,088) (265) (506)
Operating income / (loss) 55,453 54,415 41,823
Amortization and depreciation 10,725 9,553 8,154
Adjusted Ebitda 66,178 63,968 49,977
Construction services revenue (32,538) (37,903) (31,705)
Construction services cost 32,538 37,903 31,705
Adjusted Ebitda excluding Construction Services 66,178 63,968 49,977
Current assets 47,710 42,502  
Non-current assets 267,095 227,452  
Capital expenditure 38,819 36,479  
Current liabilities 36,875 30,102  
Non-current liabilities 68,911 62,821  
Operating segments | Armenia      
Segment information      
Aeronautical revenue 101,166 90,534 88,519
Non aeronautical revenue      
Commercial revenue 178,816 150,453 160,355
Construction service revenue 16,364 11,840 3,630
Revenue 296,346 252,827 252,504
Salaries and social security contributions (23,550) (21,120) (18,988)
Construction services cost (15,894) (11,495) (3,524)
Maintenance expenses (6,819) (6,010) (5,757)
Amortization and depreciation (22,813) (21,347) (19,638)
Cost of fuel (110,284) (94,922) (109,242)
Other operational expenditures (19,706) (15,948) (14,653)
Operational expenditure (199,066) (170,842) (171,802)
Other operating income 587 336 361
Other operating expense (1,586) (991) (1,021)
Operating income / (loss) 96,281 81,330 80,042
Amortization and depreciation 22,813 21,347 19,638
Adjusted Ebitda 119,094 102,677 99,680
Construction services revenue (16,364) (11,840) (3,630)
Construction services cost 15,894 11,495 3,524
Adjusted Ebitda excluding Construction Services 118,624 102,332 99,574
Current assets 73,022 70,306  
Non-current assets 225,285 185,355  
Capital expenditure 22,039 17,514  
Current liabilities 22,134 17,211  
Non-current liabilities 127    
Operating segments | Ecuador      
Segment information      
Aeronautical revenue 81,299 81,438 78,336
Non aeronautical revenue      
Commercial revenue 30,662 28,748 26,871
Construction service revenue 2,471 75 21
Revenue 114,432 110,261 105,228
Salaries and social security contributions (12,763) (12,763) (12,276)
Concession fees (36,398) (36,580) (35,122)
Construction services cost (2,471) (75) (21)
Maintenance expenses (7,086) (4,749) (5,675)
Amortization and depreciation (7,420) (7,092) (6,688)
Other operational expenditures (22,392) (22,388) (20,330)
Operational expenditure (88,530) (83,647) (80,112)
Other operating income 38 64 240
Other operating expense (36) (27) (38)
Operating income / (loss) 25,904 26,651 25,318
Amortization and depreciation 7,420 7,092 6,688
Adjusted Ebitda 33,324 33,743 32,006
Construction services revenue (2,471) (75) (21)
Construction services cost 2,471 75 21
Adjusted Ebitda excluding Construction Services 33,324 33,743 32,006
Current assets 61,014 64,789  
Non-current assets 46,023 47,605  
Capital expenditure 5,225 4,164  
Current liabilities 51,118 54,374  
Non-current liabilities 5,232 4,282  
Operating segments | Italy      
Segment information      
Aeronautical revenue 77,427 70,762 70,121
Non aeronautical revenue      
Commercial revenue 54,360 47,208 39,908
Construction service revenue 30,166 16,404 16,201
Other revenue 8,490 4,413 7,192
Revenue 170,443 138,787 133,422
Salaries and social security contributions (32,535) (28,367) (27,554)
Concession fees (9,714) (8,313) (7,630)
Construction services cost (18,642) (10,488) (9,971)
Maintenance expenses (14,516) (8,486) (7,657)
Amortization and depreciation (11,386) (10,563) (10,695)
Other operational expenditures (46,013) (39,923) (41,281)
Operational expenditure (132,806) (106,140) (104,788)
Impairment reversal / (loss) of non-financial assets (335)   (926)
Other operating income 611 1,041 710
Operating income / (loss) 37,913 33,688 28,418
Share of income / (loss) in associates 10 12 14
Amortization and depreciation 11,386 10,563 10,695
Adjusted Ebitda 49,309 44,263 39,127
Construction services revenue (30,166) (16,404) (16,201)
Construction services cost 18,642 10,488 9,972
Adjusted Ebitda excluding Construction Services 37,785 38,347 $ 32,898
Current assets 73,155 54,069  
Non-current assets 308,678 253,599  
Capital expenditure 34,128 19,170  
Current liabilities 85,034 65,191  
Non-current liabilities $ 151,258 $ 124,224