Airbus Remains The Top OEM In Latin America
Airbus, the European aerospace company, has remained the top Original Equipment Manufacturer (OEM) in Latin America for the fifth consecutive year. The company has achieved this feat despite the challenges posed by the COVID-19 pandemic and the economic downturn in the region.
Airbus’ Dominance in Latin AmericaAccording to the Airbus Global Market Forecast, the company has a market share of 61% in Latin America. The company’s aircraft are used by several major airlines in the region, including LATAM, Avianca, Azul, and Volaris. Airbus’ A320neo family of aircraft has been particularly successful in the region, with over 500 orders and more than 200 aircraft delivered. The A320neo family of aircraft is known for its fuel efficiency and low operating costs, making it a popular choice for airlines in the region.
Airbus’ Commitment to the RegionAirbus’ continued success in Latin America can be attributed to the company’s commitment to the region. The company has a strong local presence in the region, with several offices and facilities in Brazil, Mexico, and Chile. The company has also invested in local talent and technology in the region. Airbus has established partnerships with several universities and research institutes in Latin America to support the development of new technologies and innovation in the aerospace industry.
The Future of Airbus in Latin AmericaDespite the challenges posed by the COVID-19 pandemic and the economic downturn in the region, Airbus remains optimistic about the future of the aerospace industry in Latin America. The company expects the region’s air traffic to recover in the coming years, driven by the region’s growing middle class and increased tourism. Airbus is also committed to supporting the region’s transition to more sustainable aviation. The company has been working with several airlines in the region to explore the potential of Sustainable Aviation Fuel (SAF) and reduce the carbon footprint of aviation in Latin America.
Final ThoughtsAirbus’ continued success in Latin America is a testament to the company’s commitment to the region and its customers. The company’s strong local presence, investment in local talent and technology, and focus on sustainability have made it the top OEM in the region for the fifth consecutive year. As the aerospace industry in Latin America continues to recover from the impact of the COVID-19 pandemic, Airbus is well-positioned to meet the region’s growing demand for more efficient and sustainable aircraft. The company’s success in the region is a source of pride for Airbus and a positive sign for the future of the aerospace industry in Latin America.