Sunday, 27 Oct 2024

LATAM sees post-chapter 11 growth with a significant fleet expansion

Less than two years after emerging from Chapter 11 bankruptcy, LATAM Airlines Group is now operating at a higher capacity than it did before the pandemic.


LATAM sees post-chapter 11 growth with a significant fleet expansion
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Less than two years after emerging from Chapter 11 bankruptcy, LATAM Airlines Group is now operating at a higher capacity than it did before the pandemic.

The airline has set ambitious growth plans, with 125 new aircraft on order through 2030, primarily from Airbus and Boeing.

Executives shared their outlook during an investor day on October 22, highlighting a strong recovery and future expansion.

Of the 125 aircraft ordered, 80% will come from Airbus and Boeing, with a significant portion being narrowbody jets.

The airline expects to receive 22 aircraft in 2025 (20 narrowbodies and 2 widebodies), followed by 15 in 2026, and 85 between 2027 and 2030. Among these will be a dozen Airbus A321XLRs, slated to join LATAM’s fleet from 2027 onwards.

LATAM, however, is not in that position.

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