LATAM Airlines Group, the holding company for LAN and TAM Airlines, took (18-Jun-2013) delivery of its 200th A320 aircraft at Le Bourget Paris Air Show. The TAM A320 is equipped with sharklets and powered by CFM engines. LATAM Airlines Group chief corporate officer Roberto Alvo said: “We are very happy to receive our 200th Airbus A320 at the 50th Paris Air Show, a truly momentous occasion that reflects the important relationship Airbus, LAN, TAM and now LATAM have shared since 1998. The A320 has been a key element to the company’s growth over the years and success in South America.” LATAM received its first sharklet-equipped aircraft in Apr-2013. LATAM has ordered a total of 380 aircraft, has almost 250 aircraft in operation and their joint Airbus backlog is nearly 170, making them the third largest airline customer and third largest operator of Airbus aircraft in the world. The airline group is also the largest A320 operator in Latin America and one of the largest in the world. With more than 760 aircraft sold and a backlog that exceeds 360, more than 500 Airbus aircraft are in operation throughout Latin America and the Caribbean. In the last 10 years, Airbus has tripled its in-service fleet, while delivering more than 60% of all aircraft operating in the region. [more - original PR]
LATAM takes delivery of 200th A320 aircraft at Paris Air Show
You may also be interested in the following articles...
LCCs in Latin America: Peru’s rise as an economic star could draw attention from potential operators
As Latin America attempts to climb out of a two year long recession, Peru has emerged as a bright spot in the region – based on air passenger growth and the country’s economic performance. For the seven months ending Jul-2016 Peru recorded 9% passenger growth to 11.2 million, driven by growth of 10.2% in the country’s domestic market.
Peru’s air passenger growth continues to remain promising, as the country’s largest airline – LATAM Airlines Peru – calculates that the country’s trips per capita are slightly below the still-emerging markets of Mexico, Colombia and Brazil, whose passenger growth potential should remain robust once the country’s economy begins to fully recover.
Periodically speculation arises over the potential opportunity for a low cost airline to break into Peru’s market. The country’s growth prospects certainly warrant examination of stimulative opportunities in Peru, but so far the country lacks a true low cost airline.
Chile's domestic airline market stable as Sky Airline tests the LCC model - and Paravai plans entry
Chile recorded a solid 9.7% increase in passenger growth for the first seven months of 2016, with domestic passengers growing 9% and international passenger growth reaching nearly 11%. Although Chile has not been immune to the economic degradation in Latin America, its economy is more stable than in other countries in the region.
Some changes have taken place in Chile’s domestic market during the last year – most notably the transition of the country’s second largest domestic airline Sky into a low cost carrier. As it has undertaken a change in its business model Sky’s international passenger numbers fell for the Jan-2016 to Jul-2016 time period, but the airline is adding some international markets in 2016 and 2017, upping competition with its familiar rival, LATAM Airlines Group.
Another airline aims to start operations in Chile during early 2017 with aspirations to compete with LATAM and Sky on domestic routes. Paravai Líneas Aéreas may not pose a huge threat, but its ambitions reflect a belief that perhaps Chile’s duopoly needs to be shaken up.