Industry LATAM orders 28 Airbus A320neo aircraft

LATAM Airlines Group has released, that it signed a purchase agreement with Airbus over 28 aircraft.

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South American airline group LATAM has announced further plans to modernize and expand its Airbus aircraft fleet. The company has signed a purchase agreement with the European manufacturer over 28 additional Airbus A320neo aircraft. Previously, the group ordered 42 aircraft, bringing the backlog to 70 aircraft.

With the acquisition of the aircraft, LATAM reinforces its plans to build a more sustainable future with aircraft that need less fuel. The aircraft help LATAM to meet its environmental plans of a green aviation of the future.

According to the group, the aircraft will be deployed to all its subsidiary airlines to help them grow their network with additional capacity. The group said that it seeks to consolidate the longest range of destinations in and from Latin America and the Caribbean with airline Delta.

Roberto Alvo, CEO of LATAM Airlines Group, commented: “The purchase of these highly efficient aircraft is a sign of the commitment we have made with the transformation towards a carbon neutral LATAM in 2050. At the same time, these 70 aircraft reinforce the connectivity scale of the region. We will continue working responsibly to exit Chapter 11 with a fleet that accompanies the group's new challenges.”

Back in June last year, LATAM Airlines Group announced that it had to file for voluntary protection under the U.S. Chapter 11. Since then, a financial reorganization process has been performed with resizing the aircraft fleet that allows for less operating and maintenance costs.

Regarding the order, president of Airbus for Latin America and the Caribbean Arturo Barreira added: "The decision of LATAM Airlines Group to continue incorporating A320neo aircraft, demonstrates its great commitment to sustainability. The A320neo has the latest generation engines, sharklets, and an innovative cabin, serving as the most comfortable, fuel-efficient and environmentally friendly single-aisle aircraft in the world."

LATAM Airlines Group was founded in 2012 and operates a total of nine airline subsidiaries, with LATAM Airlines Brazil and LATAM Airlines Chile being the largest operators. Together, the fleet consists of nearly 300 aircraft, 37 Airbus A319s, 110 A320s, 43 A321s, 27 Boeing B767s, eight B777s and 20 B787 Dreamliner.

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