Boeing and LATAM Airlines Group have today revealed an agreement for the acquisition of 10 787 Dreamliners, along with options for an additional five aircraft. As the leading operator of the 787 in the region, this recent order for the fuel-efficient 787-9 jets further enhances LATAM’s commitment to maintaining one of the most advanced fleets in Latin America.
LATAM currently operates a fleet of 37 Boeing 787-8 and 787-9 aircraft. With the addition of this latest order, the airline anticipates expanding its fleet to 52 Dreamliners by the year 2030. The 787 aircraft facilitate the airline’s ability to optimize capacity on high-demand routes and to introduce new services, such as the direct flight to Sydney, Australia.
“The Boeing 787 represents a significant advancement in efficiency, allowing us to pursue sustainable growth while minimizing our carbon emissions as we expand our operations. This order will ensure that we receive a minimum of two aircraft of this type each year from 2025 through the end of the decade,” stated Ramiro Alfonsín, Chief Financial Officer of LATAM Airlines Group.
The 787 family is renowned for its exceptional fuel efficiency, which allows airlines to decrease fuel consumption and emissions by 25% in comparison to the aircraft it replaces. The larger 787-9 variant enhances both the capacity and range of the Dreamliner series, enabling the transport of more passengers and cargo over greater distances.
Boeing’s Vice President of Commercial Sales for Latin America and the Caribbean, Mike Wilson, expressed gratitude for LATAM’s ongoing trust in the 787 Dreamliner family to enhance its international network from hubs located in Santiago, Sao Paulo, and Lima. He stated, “As the demand for air travel increases, we remain committed to supporting LATAM’s growth strategy and its objective of linking Latin America with the global market.”
Since its introduction in 2011, the 787 Dreamliner has enabled operators to establish over 400 new nonstop routes and has contributed to the avoidance of more than 173 billion pounds of carbon emissions.
The 2024 Boeing Commercial Market Outlook predicts that air travel in Latin America will more than double in the next two decades, with an annual growth rate of 5%. With nearly 2,300 aircraft deliveries anticipated, the region’s fleet is expected to exceed 3,000 airplanes by 2043.
