Latin America’s leading airline group, LATAM Airlines, announced in its second-quarter results that it is in talks with Airbus and Boeing regarding new aircraft orders for the coming years. The group stated that new orders are becoming a serious possibility within its fleet expansion and modernization strategy.
LATAM executives have begun discussions with manufacturers and leasing companies, especially to assess growth potential over the next two to three years. The plan focuses on maximising benefits from increased demand expected in regional and international markets over the next decade.
Airbus and Boeing Options on the Table
LATAM is conducting a versatile evaluation process covering both narrow- and wide-body aircraft types. The group emphasises that no aircraft type has been ruled out, while options guaranteeing fleet profitability are being prioritised.
The Airbus A320neo family already holds a significant position in LATAM’s fleet, while the company is also exploring possibilities related to smaller, single-aisle jets such as the A220 and Embraer E2. Interest in the A320 family remains strong on the Airbus side, while Boeing’s delivery plans to expand the 787 Dreamliner fleet are also noteworthy.
Delivery Timing Will Play a Critical Role
LATAM officials note that delivery schedules and availability will be decisive factors in the decision-making process. Beyond technical suitability, logistics feasibility and supply chain security are key considerations in the new orders.
Fleet Renewal and Transformation Process
LATAM also shared its plans for structural transformation within its existing fleet. The group will retire 20 aircraft from the Airbus CEO (Current Engine Option) family over the next two years. During this period, more than 50 Airbus NEO (New Engine Option) aircraft will join the fleet.
The number of Boeing 787 wide-body jets will increase from 37 to 41 by 2027. With these changes, LATAM aims to reduce fleet age and improve fuel efficiency.
By 2027, the passenger fleet is planned to grow from 340 to 372 aircraft. This growth is seen as a significant leap in terms of sustainability and operational efficiency.
Sector Strategy and Future Outlook
LATAM’s strategic move highlights the revival of the Latin American aviation market and the efforts of regional carriers to enhance their competitiveness. Demand for narrow-body and high-efficiency aircraft plays a critical role in capacity management on both short- and medium-haul routes.
If new orders are finalized, LATAM is expected to remain an important customer for both Airbus and Boeing.
