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Along with Africa, aviation in Central and South America is arguably one of the lesser developed air transport markets in the world. There is considerable scope for growth and aircraft manufacturers are each positioning themselves to be the beneficiaries.
With a lower installed base of aircraft, operators will have the option to ensure their fleets are right-sized with aircraft such as crossover narrowbody jets – such as the Airbus A220 and Embraer E-Jet E2 families – from the outset of the coming growth period.
The most recent forecast came from Embraer with its outlook for Latin America (the company’s term) for 2020-2029. In it, the OEM foresees 380 deliveries of jets with up to 150 seats over that time period. This forecast took into account the early effects of the COVID-19 pandemic, which as it has gone one has brought a greater level of right-sizing than before.
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