Latin American airlines need over 2,300 new aircraft in next 20 years

According to Airbus’ latest Global Market Forecast (GMF), Latin American airlines will require 2,307 new aircraft between 2013 and 2032, including 1,794 single-aisle, 475 twin-aisle and 38 very large aircraft (VLA) worth an estimated US$292 billion. Globally, by 2032 some 29,230 new passenger and freighter aircraft valued at nearly US$4.4 trillion will be required to satisfy future robust market demand. With GDP currently growing above the world average (3.6 percent per year over the last two years, versus 2.6 percent for the world) socio-economic indicators forecast that Latin America’s middle class will grow to represent more than half of the