# Argentina airport concession renegotiation

> Live situation record from CLSTR: https://clstr.news/situations/argentina-airport-concession-renegotiation
> Updated: 2026-09-28T03:00:28.000Z. Sources: 36. Developments: 2.

The management of Argentina’s 35 airport terminals has undergone significant legal and contractual scrutiny. Initially, a report from the Auditoría General de la Nación (AGN) identified serious irregularities regarding a 2020 contract extension that moved the concession end date from 2028 to 2038. The AGN noted that this extension bypassed mandatory legal steps and lacked necessary oversight, raising concerns about transparency and the independence of the National Airport System Regulatory Agency (ORSNA).

Following these legal challenges, the Argentine government formalized a new agreement via Administrative Decision 27/26, extending the concession for Aeropuertos Argentina 2000 (AA2000) until February 13, 2049. This renegotiation aims to restore the economic-financial balance of the contract, which was disrupted by the COVID-19 pandemic. Under the new terms, AA2000, controlled by Eduardo Eurnekian’s Corporación América, must commit to US$ 600 million in additional direct infrastructure investments, including potential projects such as a new international arrivals terminal at Ezeiza International Airport.

To maintain the agreement, the company must complete 75% of the planned works by December 31, 2031. The deal also requires AA2000 to drop a pending lawsuit against the State and establishes a reference Internal Rate of Return (IRR) of 14.3%. Furthermore, the contract includes a provision where the concession could be extended further until 2056 if specific conditions are met, including the submission of an international audit report by June 30, 2027, proving the availability of funds. To maintain impartiality, President Javier Milei recused himself from the decision-making process due to previous professional ties to Corporación América.

## Claims

- The Argentine government approved a contractual readjustment agreement with Aeropuertos Argentina 2000. (corroborated by 18 sources)
- The concession for 35 airports is extended until February 13, 2049, with a possible extension to 2056. (corroborated by 18 sources)
- The company must make additional investments of US$ 600 million. (corroborated by 18 sources)
- Seventy-five percent of the new investments must be completed before December 31, 2031. (corroborated by 18 sources)
- The company must provide an international audit report confirming fund availability before June 30, 2027, to access the final seven-year extension. (corroborated by 7 sources)
- The contract extension was justified by the significant drop in international and domestic air traffic during the COVID-19 pandemic. (corroborated by 6 sources)
- The internal rate of return (IRR) for the concession was set at 14.3%. (corroborated by 4 sources)
- The agreement aims to resolve pending legal disputes between the Argentine State and Aeropuertos Argentina. (corroborated by 3 sources)

## Timeline

### 2026-09-28: Argentina extends airport concession to 2049 with US$ 600 million investment

Argentina has extended the airport concession for 35 terminals to 2049, requiring Aeropuertos Argentina 2000 to invest an additional US$ 600 million in infrastructure.

34 sources. https://clstr.news/cluster/aeropuertos-argentina-2000-extends-concession-to-2049-with-us-600m-investment

### 2026-09-18: Aeropuertos Argentina concession extension faces legal scrutiny

Argentina’s AGN has reported serious irregularities in the Aeropuertos Argentina concession extension, questioning the legality of current agreements and risking a return to state control in 2028.

2 sources. https://clstr.news/cluster/aeropuertos-argentina-concession-extension-faces-legal-scrutiny

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Cite as: Argentina airport concession renegotiation. CLSTR, https://clstr.news/situations/argentina-airport-concession-renegotiation