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2460 new aircraft will be needed in Latin America by 2040
Airbus A321XLR
Image: Boeing
Rafael Ramos
3/11/2022
According to Airbus data, Latin America will need 2460 new passenger and cargo aircraft over the next 20 years. The manufacturer made that claim this week, when it found that traffic in the region has tripled since 2002 and will still double in the next two decades.
56% of these aircraft will be dedicated to meeting the expected increase in demand for the period, while the remaining 44% will be used to modernize the fleets of previous aircraft, which must be replaced by new generation ones to benefit fuel efficiency, with consequent reduction in CO2 emissions.
Also according to the manufacturer, the increase is due to the population growth observed in the region. Domestic and international traffic are expected to grow by a factor of 2.3 over the next 20 years, representing an annual growth of 3.9% for the sector. In addition, additional traffic will be driven by domestic markets with a growth rate of 4.2% per year. Internal flights between Latin American countries, as well as flights from Latin America to the rest of the world, will have traffic that will increase by 3.5% per year.
The fleet in service is expected to be 2820 aircraft by 2040, doubling the current number (1440). By segment, there will be 2170 small, 190 medium and 100 large aircraft. To support these new aircraft, new professionals will also be needed, with Airbus forecasting 33,000 new pilots and 43,000 technicians over the next 20 years. The growth of values ""involved in services will also be significant, from 95.2 billion reais in 2040, compared to 27.5 billion in 2021.
Traffic in the region is expected to reach 2019 (pre-pandemic) levels between 2023 and 2025.
Josue Isai Ramos Figueroa
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Rafael Ramos
Aviation enthusiast from an early age, he had his first contacts with the area developing that good old habit of spending dozens of hours in front of the screens of Micrsoft Flight Simulator and other simulators. With a solid background in various technological areas, including engineering and chemistry, Rafael has rejoined aviation as editor and author of articles and materials on our portal, providing invaluable help to the dynamics and expansion of the website and the aeronautical community, bringing us the news and updates so indispensable for us to remain current in our area of operation.
   
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