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According to the latest trend forecast presented by Airbus, Latin American travelers will double their travels in the next two decades.
Passenger traffic is expected to Latin America will double in the next two decades — going from 0,44 annual trips per capita in 2019 a 0,87 annual trips per capita in 2042. According to the latest Global Market Forecast of Airbus (GMF, for its acronym in English), per capita travel rate will be close to doubling in Mexico and will exceed double in Argentina, Brazil, Chile and Colombia.
Travel on the rise
Usually, traffic will grow 2,2% in the next 20 years, equivalent to 2.390 new passenger planes and load. Of these 2.390 new passenger and cargo aircraft, 190 They will be wide-body aircraft and 2.200 They will be single aisle, representing the 92% of new aircraft deliveries in Latin America, turning the region into a predominantly single-aisle aircraft market.
La tendencia de volar más está impulsada por el proyectado crecimiento de la clase media de 400 million to 490 millions of people to 2042, what represents the 67% de la población de América Latina y el Caribe. What's more, la alta penetración de las Aerolíneas de Bajo Costo (LCC, for its acronym in English) ha hecho que los viajes aéreos sean más accesibles, representing the 50% del total de asientos ofrecidos a nivel doméstico en América Latina. Brazil and Mexico muestran las mayores penetraciones del modelo LCC en la región.
El crecimiento del comercio electrónico en Latin America ha llevado a una mayor demanda de servicios de carga aérea en las últimas dos décadas y se prevé que el tráfico de carga de origen y destino (O&D, for its acronym in English) from, hacia y dentro de América Latina casi se duplique para 2042.
El GMF también proyecta un aumento del tráfico de pasajeros de O&D in one 3,5% annual in Latin America, doubling in the next 20 years. Domestic traffic will grow at a rate higher than 3,8% annual, while intra-regional traffic will increase by 3,2%.
The fleet in service Latin America will almost double, going from the 1.440 aircraft currently in service, a 2.630 in the next two decades. Of these, 240 planes will remain, 1.200 will be used to replace less fuel-efficient aircraft, and 1.190 planes will represent the growth in demand.
Airbus has sold more than 1.150 airplanes in Latin America and the Caribbean. More of 750 are in operation throughout the region, and has more than 520 in backlog, which represents a market share of 58% of passenger aircraft in service. From 1994, Airbus has obtained the 75% of net orders in the region.
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HELLO, GOOD AFTERNOON, NICOLAS I AM ECUADORIAN AND I HAVE A FLIGHT TO MONTENEGRO WITH A STOP IN MADRID, I WILL NEED A TRANSIT VISA TO CIRCULATE A FEW HOURS IN MADRID. WOULD YOU HELP ME WITH YOUR ANSWER?. GREETINGS
Hi Jessica, If you follow the instructions in this publication you will have the answer according to your reservation conditions, flight, etc.