SAN FRANCISCO, Oct. 29 (Xinhua) -- Boeing and LATAM Airlines Group, the leading passenger and cargo airline group in South America, have announced the purchase of 10 Boeing787 Dreamliners with options for five more airplanes.
The 2024 Boeing Commercial Market Outlook forecasts air travel in Latin America will more than double over the next 20 years, growing 5 percent annually. With nearly 2,300 airplane deliveries expected, the region's fleet is projected to grow to more than 3,000 airplanes by 2043, according to the company's press release on Monday.
LATAM currently operates 37 787-8s and 787-9s and, including this latest order, expects to grow the fleet to 52 Dreamliners by 2030.
"This order will enable us to receive at least two aircraft of this model each year from 2025 until the end of the decade," said Ramiro Alfonsín, Chief Financial Officer of the LATAM Airlines Group.
"As demand for air travel rises, we will continue to support LATAM's growth strategy and goal of connecting Latin America with the world," said Mike Wilson, Boeing vice president of Commercial Sales for Latin America and the Caribbean. ■