Latam Airlines Group is looking to acquire more aircraft “from a variety of manufacturers and lenders” as it seeks to take advantage of growth opportunities in the coming years.
The business, which released its second-quarter revenues on July 29, said “increasing medium-term opportunities for growth have been identified in most markets operated by affiliates of the Latam Group.” These commitments include 11 more Airbus A320neo jets signed in the second quarter for delivery in 2026, but the group is delaying the retirement of the four A319s to further enhance their capabilities.
The Chile-based group says it foresees the addition of wide-body and narrow-body jets, including more examples of the A320 family.
The latter comment suggests that they are considering ordering the Airbus A220 and Embraer E-Jets.
Latam says the “main focus” of the extra aircraft is to “service and grow” the passenger market and freight transport “in the local market.”
In the group's current aircraft commitment, the latest forecast shows that the A320neo-Family fleet will rise from 57 in the second quarter this year to 108 in 2027, while the Boeing 787 fleet will rise from 37 to 41 in the same period.
Latam currently has 360 aircraft in its fleet. It includes 281 Airbus narrow body jets, 59 wide bodies. In the 37787s, three Airbus A330s were short-term leases in the 10 777 and 977, and there were 20 767 cargo ships.
The business recorded its “highest ever” second quarter, with revenues rising 8.2% to $3.3 billion and operating profit supporting $432 million.
During that period, it achieved a net profit of $242 million. This is up from $145 million the previous year.
Latam says passenger demand remains “solid” across domestic and international markets despite geopolitical headwinds.
