Latin American passengers to double their travel in the next two decades
26-10-23
Airbus report reveals that passenger traffic in the region will increase from 0.44 annual trips per capita in 2019 to 0.87 annual trips per capita in 2042.
According to Airbus' latest Global Market Forecast (GMF), per capita travel rates will nearly double in Mexico and more than double in Argentina, Brazil, Chile and Colombia.
Overall, traffic will grow by 2.2% over the next 20 years, equivalent to 2,390 new passenger and cargo aircraft. Of these 2,390 new passenger and freighter aircraft, 190 will be widebody and 2,200 will be single-aisle, representing 92% of new aircraft deliveries in Latin America, making the region a predominantly single-aisle market.