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Future Robust Aircraft Demand Till 2031! Case Study: Latin America…

Latin America: 2,120 New Aircraft Till 2031…

  • According to the recently released Airbus Global Market Forecast (GMF), Latin American airlines will require 2,120 new airplanes between today and 2031, including 1,660 single-aisle, 420 twin-aisle and 40 very large aircraft estimated at $242 billion. Globally, by 2031 some 28,200 new airplanes valued at $4 trillion will be required to satisfy future robust market demand.
  • With GDP currently growing above the world average, socio-economic indicators predict Latin America’s middle class will double between 2012 and 2031. Additionally, Latin America has become the second most urbanised region worldwide after North America, and by 2031, 10 out of the 92 mega-cities with more than 10,000 daily long-haul passengers will be in the region.
Aircraft

A 5.3 % Increase In Demand For Travel Supports New Aircraft Sales…

  • As a result of this region’s dynamic economic growth, Latin America’s air traffic will rise 5.3 percent per year over the next 20 years, well above the world average of 4.7 percent. Benefiting from this, the region’s airlines will grow their own traffic by almost 6 percent per year, the second highest growth globally, only exceeded by those airlines based in the Middle East. Additionally, Latin American airlines’ market share on long-haul routes increased by 8 percent between 2005 and 2011, to reach 21 percent today, showing that they have significant development potential for intercontinental networks.
  • Increased airplane demand is also leading Latin American airlines to ordering larger airplanes. Between 2000 and 2012, average airplane seat capacity increased by more than 13 percent, while the average age of Latin America’s fleet in service decreased below the world average to 10 years of age.

Commercial Aircraft Demand: Latin America Has To Become Smarter…

  • “The Latin American market has become smarter, seeking out highly-efficient, cost-effective and versatile aircraft,” said Rafael Alonso, Executive Vice President of Airbus for Latin America and the Caribbean. “Airbus is perfectly positioned to serve the market’s requirements and future aviation demand with its A320, A330 and A350 Families, as well as the A380.”
  • Another important trend in Latin America is the rise of low cost carriers throughout the region. Brazil and Mexico have become leaders of the low-cost-carrier segment in the region, with the two countries combined contributing to 95 percent of the market.
  • With more than 700 airplanes sold and a backlog of almost 350, over 450 Airbus aircraft are in operation throughout Latin America and the Caribbean. In the last 10 years, Airbus has tripled its in-service fleet, while delivering more than 60 percent of all aircraft operating in the region.

Aircraft

Achieving aviation’s promise in Latin America

Travel Daily News International, on Fri, 16 Nov 2012 05:42:24 -0800

IATA joined with ALTA, Airports Council International and the Civil Air Navigation Services Organization to sign a declaration calling on Latin American governments to better support the efficient development of aviation infrastructure in the region in … 

Latin America is the area south of the Rio Gra...

Latin America is the area south of the Rio Grande, excluding French Guiana, Guyana and Suriname (Photo credit: Wikipedia)

ALTA: Brazil learns lessons from criticised airport deals

Flightglobal, on Thu, 15 Nov 2012 15:59:01 -0800

Brazil’s civil aviation agency (ANAC) chief says that lessons have been learnt after the high bids accepted in the recent airport privatisations came in for criticism from industry bodies including IATA. The agency’s award of long-term concessions of 

CAAC: Air sector growth still strong

China Daily, on Mon, 12 Nov 2012 16:43:34 -0800

“The United States has about 19,000 airports, and even Brazil and South Africa are better served by the civil aviation infrastructure, with more than 700 airports.” The State Council issued a guideline on promoting the development of the civil aviation 

Embraer’s hopes high for Chinese civil aviation

China Daily, on Mon, 12 Nov 2012 16:35:08 -0800

Brazilian airplane manufacturer Embraer is expecting rapid growth in China, according to its recently released market outlook for the next 20 years. Over the next two decades, Embraer predicts that the Chinese regional aviation market will account for 

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