Latin America’s new deliveries will outpace worldwide growth

Today, Boeing released its latest Commercial Market Outlook (CMO). The OEM expects that, until 2040, there will be 43,610 new deliveries worth US$7.2 trillion globally, with an annual 3.1% fleet growth. Meanwhile, Latin America’s new deliveries will outpace worldwide growth. 

Latin America’s new deliveries: what’s expected?

According to Boeing, traffic growth for Latin America’s airlines is forecast to average a 4.8% growth per year. The markets across the region have untapped potential due to the lack of point-to-point connectivity across most of the subcontinent.