In 20 years, Latin America’s aircraft fleet should almost double, says Boeing

In 20 years, the aircraft fleet in Latin America is expected to increase by 85%. There will be 2,240 new aircraft in circulation and 30% of this demand is from Brazil.

“Brazil is the largest market in the region and is well positioned for a healthy recovery and to overcome short-term disruptions. Currently, of flights originating in Latin America, 28% are from Brazil,” said David Franson, Boeing’s regional director of market forecasting.

The data is contained in Boeing’s Commercial Market Outlook (CMO) document and shows a resumption of the sector after the Covid-19 pandemic.

“Latin America has seen a strong recovery in air travel, particularly in domestic markets, with airlines in the region successfully using single-aisle fleets for short-haul flights and expanding their global networks,” explains Franson.

Passenger traffic in the region is expected to grow by 4.4% per year. To handle the increase in demand over the next two decades, Boeing estimates that airlines will need 118,000 new aviation employees, including 35,000 pilots, 35,000 technicians and 48,000 cabin crew members.

According to the company, these new aircraft deliveries will practically double the current fleet and will be used on popular tourism routes between North America, Mexico and the Caribbean, in addition to expanding intra-regional networks.

More than half of new aircraft deliveries will drive commercial aviation growth across the continent. The rest are to replace old planes with more economical models. The fleet renewal is part of the strategy to decarbonize the aerospace sector. The new aircraft deliver significant efficiency gains—each generation reduces fuel use and emissions by 15-25%.

Source: CNN Brasil

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