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LATAM Airlines Group closed a loan for approximately US$505 million to finance the incorporation of 11 aircraft to its fleet with deliveries in the second half of the year 2026.
Of the total operation, US$400 million correspond to financing linked to sustainability. The transaction contemplates a Airbus A320neo, four Airbus A321neo And six Embraer E195-E2, and considers a long-term loan structure led by BNP Paribas.
The agreement represents the first operation of this type for the fleet Embraer from LATAM and allows the group to access competitive long-term financing in a context of market volatility and high fuel costs..
LATAM supports the incorporation of more aircraft
“This operation combines three relevant elements for LATAM's financial strategy: diversify our financing sources, supports the renewal and growth of our fleet and links part of its conditions to our sustainability performance. What's more, allows us to finance for the first time the incorporation of Embraer aircraft through this structure, maintaining our access to long-term competitive conditions in international markets”, Andrés del Valle pointed out, Director of Corporate Finance at LATAM Airlines Group.
The credit includes incentives in the interest rate associated with the performance of LATAM regarding emissions. This means that, as the group progresses in reducing the amount of CO₂ emitted by each unit transported, its emissions intensity, You will be able to access better financial conditions. These incentives align with the group's sustainability goals LATAM: reduce its emissions intensity by 6% al 2030 vs him 2019 and move towards its goal of achieving net zero emissions by 2050.
This is the second operation of this type for the company. in december 2024, LATAM closed its first Sustainability-Linked Loan, a revolving line of credit guaranteed by motors for US$300 million.
The operation reflects the group's commitment LATAM increasingly linking its business objectives with its sustainability objectives. Through these types of instruments, the company incorporates incentives to move towards a more efficient operation, accompanying the renewal of its fleet with specific emissions reduction goals.
More of 410 planes at the close of 2026
This agreement is added to the fleet renewal plan that the group LATAM is developing during 2026. In the first semester he incorporated 13 latest generation aircraft and plans to receive other 28 before the end of the year, surpassing the 40 annual additions. With that, the group hopes to close 2026 more than 410 aircraft.
In the coming months they will join, for the first time, the Embraer E195-E2 for home network Brazil, Meanwhile in 2027 the first will debut Airbus A321XLR of the company.
Toward 2030, LATAM plans to incorporate up to 130 additional aircraft, with which more than 50% of its fleet will be of the latest generation. According to their manufacturers, These models reduce between 20% and 25% CO₂ emissions compared to previous generations, contributing to progress towards the goal of net zero emissions by 2050.
LATAM will invest US$25 million in satellite Wi-Fi
LATAM will incorporate multi-orbit satellite connectivity services in more than 60 new Airbus and Embraer aircraft, with the aim of continuing to elevate the travel experience of its passengers through a fast internet connection, stable and wide coverage. The initiative contemplates an investment of more than US$25 million and reinforces the LATAM group's strategy of moving towards an increasingly connected and technological flight experience..
New technology will allow passengers to access an internet connection during the flight, regardless of the route or location of the aircraft. This will be possible thanks to access to satellites located in different orbits, which contributes to delivering more consistent coverage during the operation.
More of 60 Airbus and Embraer aircraft will incorporate the SES solution in the coming years, including A320neo models, A321XLR and E195-E2.
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