Latin America Commercial Aircraft Market Share

Statistics for the 2023 & 2024 Latin America Commercial Aircraft market share, created by Mordor Intelligence™ Industry Reports. Latin America Commercial Aircraft share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Latin America Commercial Aircraft Industry

The market of Latin American commercial aircraft is highly consolidated, with few players accounting for the majority share in the market. The prominent players in the Latin American commercial aircraft market are Airbus SE, The Boeing Company, Embraer SA, ATR, and Rostec. About 60% of the existing commercial fleet in the region is composed of Airbus aircraft, and the remaining fleet majorly includes aircraft from Boeing, Embraer, and ATR. Airbus and Boeing are expected to continue their dominance in the future as they have over 350 aircraft and over 150 aircraft on order (as of March 2022), respectively. The largest order for Airbus is from Mexico's Volaris, whereas the largest order for Boeing is from GOL Linhas Aereas of Brazil. In addition to the demand for passenger aircraft, the aircraft OEMs are expanding their share in the market through the deliveries of new and advanced cargo aircraft. On this note, in March 2022, LATAM group announced that its cargo division received the second of 10 Boeing 767 converted freighters. The aircraft were ordered as a part of plans to expand its cargo business and would serve Colombia, Brazil, and Central America markets. The remaining aircraft are planned to be delivered by the end of 2023. Such aircraft orders and deliveries are expected to support the growth of aircraft OEMs in the commercial aircraft market.

Latin America Commercial Aircraft Market Leaders

  1. Airbus SE

  2. The Boeing Company

  3. Embraer SA

  4. ATR

  5. Rostec

*Disclaimer: Major Players sorted in no particular order

Embraer SA, Airbus SE, Boeing Company, Lockheed Martin Corporation, Bombardier Inc.

Latin America Commercial Aircraft Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)