Latin America currently has 260 aircraft from Boeing
This week is taking place in Santiago, Chile, the air show FIDAE 2016.
For the Latin American market Boeing predicts that airlines in Latin America will need 3,050 new aircraft worth $ 350 billion in the next two decades, tripling the size of the current fleet in the region.
“Over the
long term, Latin American economies will grow faster than the rest of the
world,” said Donna Hrinak, President, Boeing Latin America. “This growth will
create increased passenger traffic in the region and drive Latin American
airlines to expand and compete for business that has traditionally been
dominated by foreign operators.”
To meet
increased passenger traffic, Boeing forecasts the region will require more than
2,500 new single-aisle airplanes over the next 20 years, reflecting the
continued growth of low-cost carriers and further expansion of networks in the
region.
Widebody
demand is forecasted at 340 new airplanes as regional carriers continue to
compete more strongly on long-haul routes. Currently, over two-thirds of
twin-aisle departures from Latin America are on Boeing products.
Latin
America and the Caribbean now feature a younger fleet than the world average. Average
airplane age in the region’s fleet continues to drop, going from more than 15
years in 2005 to less than 10 years today. The region has been in a steady
replacement cycle since the mid-2000s and that trend will continue as nearly 60
percent of the current fleet is replaced over the next two decades.
The addition of the 787 Dreamliner to the LATAM, Avianca and
Aeromexico fleets has allowed the airlines to open new routes and gain access
to markets that were previously not possible. Aeromexico operates a nonstop 787
Dreamliner flight from Mexico City to Tokyo, a route that previously required a
refueling stop.
In 2015, LATAM operated the world’s first 787 ETOPS mission
beyond 180 minutes from Santiago, Chile to Auckland, New Zealand. Later this
year, LATAM will utilize the full 330 minute ETOPS on the same route, trimming
90 minutes off the flight tame and saving up to 2,500 gallons of fuel per trip.
The 787 Dreamliner’s capability and low-cost economics allow
Latin American airlines to unlock more point to point connections over remote
regions of the world, allowing the airlines to expand their business and
attract more customers.
“Boeing
products will continue to help our Latin American customers succeed in a very
competitive marketplace,” said Hrinak.
