Is Corporación América Airports S.A. (CAAP) Positioned for Growth in Global Air Travel Recovery?

LRT Capital Management, an investment management company, released its “LRT Global Opportunities Strategy” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The strategy leverages a systematic long/short approach to generate positive returns while effectively controlling downside risks and maintaining low net exposure to the equity markets. In September, the strategy returned -8.00% (net), and the YTD return was -0.17%. It was a challenging month for the strategy, as the market indexes surged, with a select few highly overvalued mega-cap stocks, while the rest of the market declined. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its third-quarter 2025 investor letter, LRT Global Opportunities Strategy highlighted stocks such as Corporación América Airports S.A. (NYSE:CAAP). Corporación América Airports S.A. (NYSE:CAAP) engages in the development and operation of airport concessions. The one-month return of Corporación América Airports S.A. (NYSE:CAAP) was -12.94%, and its shares lost 2.67% of their value over the last 52 weeks. On October 7, 2025, Corporación América Airports S.A. (NYSE:CAAP) stock closed at $17.49 per share, with a market capitalization of $2.852 billion.

LRT Global Opportunities Strategy stated the following regarding Corporación América Airports S.A. (NYSE:CAAP) in its third quarter 2025 investor letter:

“Corporación América Airports S.A. (NYSE:CAAP) is a leading private-sector airport concession operator on a global scale. The company’s extensive portfolio encompasses 53 airports across six countries in Latin America and Europe, including Argentina, Brazil, Uruguay, Ecuador, Armenia, and Italy. This geographic diversification provides exposure to a range of macroeconomic environments and travel markets. CAAP’s origins trace back to 1998 with the acquisition of a major concession in Argentina, and it has since expanded its footprint to become a key player in the international airport management industry.

CAAP’s revenue is derived from two primary sources: aeronautical and commercial activities. Aeronautical revenue is generated from fees paid by airlines for the use of airport facilities, including landing and parking fees, as well as passenger usage fees. Commercial revenue, a key area of growth for the company, is generated from a variety of non-aeronautical sources. These include retail and duty-free stores, food and beverage outlets, car parking, and advertising within the airport terminals. The company’s strategy focuses on enhancing the passenger experience to drive growth in commercial revenue, which typically offers higher margins than aeronautical services…” (Click here to read the full text)

Corporación América Airports S.A. (NYSE:CAAP) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 9 hedge fund portfolios held Corporación América Airports S.A. (NYSE:CAAP) at the end of the second quarter, down from 10 in the previous quarter. While we acknowledge the risk and potential of Corporación América Airports S.A. (NYSE:CAAP) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than Corporación América Airports S.A. (NYSE:CAAP) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered Corporación América Airports S.A. (NYSE:CAAP) and shared the list of best airport and air services stocks to buy. In addition, please check out our hedge fund investor letters Q3 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.