Latin America Commercial Aircraft Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Latin America Commercial Aircraft Market Report is Segmented by Application (Passenger Aircraft and Freighters), and Geography (Brazil, Mexico, Argentina, and the Rest of Latin America). The Report Offers Market Size and Forecast for all the Above Segments in Value (USD).

Latin America Commercial Aircraft Market Size

Latin America Commercial Aircraft Market Summary

Latin America Commercial Aircraft Market Analysis

The Latin America Commercial Aircraft Market size is estimated at USD 13.81 billion in 2025, and is expected to reach USD 17.55 billion by 2030, at a CAGR of 4.91% during the forecast period (2025-2030).

The emphasis on fuel efficiency, cost reduction, and environmental compliance drives the increased use of composite materials in Latin America's commercial aircraft market. Regional jet programs, particularly Embraer's E2 series, incorporate carbon fiber in critical structures, which include wings and tail assemblies—reducing weight by up to 15% and lowering fuel consumption and emissions.

Airlines in Brazil, Mexico, and Chile invest in fleets with composite-intensive airframes to extend maintenance intervals, improve cabin comfort, and increase operational profitability on short- and medium-haul routes. The Embraer E190-E2 demonstrates a 17% reduction in fuel consumption compared to its predecessor through extensive composite usage, addressing operating expenses and sustainability requirements. With rising passenger traffic and fleet modernization needs, composite technology continues to drive performance improvements and cost efficiencies in Latin America's commercial aviation market.

Latin America Commercial Aircraft Industry Overview

A handful of key players dominate the Latin American commercial aircraft market. Airbus SE, The Boeing Company, Embraer SA, ATR, and Rostec lead the charge. Notably, around 60% of the region's commercial fleet comprises Airbus aircraft, with the remainder predominantly featuring models from The Boeing Company, Embraer, and ATR.

Mexico's Volaris holds the record for the largest order placed with Airbus, while Brazil's GOL Linhas Aereas has made the biggest order with Boeing. Beyond just passenger aircraft, these OEMs are bolstering their market presence by introducing new and advanced cargo aircraft. These cargo aircraft, part of a strategy to enhance the cargo business, are set to cater to markets in Colombia, Brazil, and Central America. Such strategic orders and timely deliveries are poised to bolster the growth of these OEMs in the commercial aircraft arena.

Latin America Commercial Aircraft Market Leaders

  1. Airbus SE

  2. The Boeing Company

  3. Embraer SA

  4. ATR

  5. Rostec

  6. *Disclaimer: Major Players sorted in no particular order
Latin America Commercial Aircraft Market Concentration
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Latin America Commercial Aircraft Market News

  • June 2024: Mexicana de Aviación, Mexico's state-owned airline, ordered 20 Embraer E2 aircraft. The order consists of 10 E190-E2 jets and 10 E195-E2 jets, and deliveries are set to commence in the second quarter of 2025.
  • April 2024: Embraer joined forces with ENAER (the National Aeronautical Company of Chile) to unveil two agreements focused on industrial collaboration and services. These agreements encompass establishing a new service center and producing parts specifically for Embraer aircraft.

Latin America Commercial Aircraft Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
  • 4.3 Market Restraints
  • 4.4 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Application
    • 5.1.1 Passenger Aircraft
    • 5.1.1.1 Narrow-body Aircraft
    • 5.1.1.2 Wide-body Aircraft
    • 5.1.1.3 Regional Jets
    • 5.1.2 Freighters
  • 5.2 Geography
    • 5.2.1 Brazil
    • 5.2.2 Mexico
    • 5.2.3 Colombia
    • 5.2.4 Rest of Latin America

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Airbus SE
    • 6.1.2 The Boeing Company
    • 6.1.3 Embraer SA
    • 6.1.4 ATR
    • 6.1.5 Rostec
    • 6.1.6 COMAC
    • 6.1.7 United Aircraft Corporation
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Latin America Commercial Aircraft Industry Segmentation

Commercial aviation is a part of civil aviation that involves scheduled airline services and aircraft operations to transport passengers and cargo. The study gives a brief description of the commercial aircraft market worldwide. It includes details on air passenger traffic, new routes, investments in airport infrastructure, air freight, and procurement of new aircraft.

The commercial aircraft market is segmented by application into passenger aircraft and freighters. Passenger aircraft are further segmented into narrow, wide, and regional aircraft. The report also offers the market size and forecasts for three countries across the region. For each segment, the market sizing and forecasts have been done based on value (USD).

Application Passenger Aircraft Narrow-body Aircraft
Wide-body Aircraft
Regional Jets
Freighters
Geography Brazil
Mexico
Colombia
Rest of Latin America
Application
Passenger Aircraft Narrow-body Aircraft
Wide-body Aircraft
Regional Jets
Freighters
Geography
Brazil
Mexico
Colombia
Rest of Latin America
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Latin America Commercial Aircraft Market Research FAQs

How big is the Latin America Commercial Aircraft Market?

The Latin America Commercial Aircraft Market size is expected to reach USD 13.81 billion in 2025 and grow at a CAGR of 4.91% to reach USD 17.55 billion by 2030.

What is the current Latin America Commercial Aircraft Market size?

In 2025, the Latin America Commercial Aircraft Market size is expected to reach USD 13.81 billion.

Who are the key players in Latin America Commercial Aircraft Market?

Airbus SE, The Boeing Company, Embraer SA, ATR and Rostec are the major companies operating in the Latin America Commercial Aircraft Market.

What years does this Latin America Commercial Aircraft Market cover, and what was the market size in 2024?

In 2024, the Latin America Commercial Aircraft Market size was estimated at USD 13.13 billion. The report covers the Latin America Commercial Aircraft Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Latin America Commercial Aircraft Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Latin America Commercial Aircraft Industry Report

Statistics for the 2025 Latin America Commercial Aircraft market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Latin America Commercial Aircraft analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Latin America Commercial Aircraft Market Report Snapshots

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