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...
According to recent analysis and forecasts, the MRO spend in Latin America will suffer throughout the next decade, said Carlos García Martin, senior principal at Oliver Wyman. The COVID-19 crisis will have long-lasting effects in the region, both in terms of aircraft...
So far, Mexico and Colombia drive the Latin American airline industry recovery, according to stats provided by the International Air Transport Association (IATA). These two countries remain the only ones fully open across the subcontinent. Looking at Mexico and...
According to the International Air Transport Association (IATA), the Latin American cargo airlines aren’t picking up. These carriers have posted, month after month, the worst performance of all regions and are 32.7% below the pre-pandemic demand numbers. To...
May is over, and the Latin American airlines in the region had ups and downs. There is some excellent news, as the launch of a new carrier in Brazil, but others are bad and will have a long-lasting impact on the region’s industry. Latin American airlines’ ups We will...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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