Bombardier predicts Latin America's 60-150 seat aircraft fleet will double
Bombardier Commercial Aircraft's Market Forecast 2017-2036 for Latin America predicts that overall traffic is expected to grow 5.1% annually and intra-regional traffic to grow slightly more than the world average at 5.6% annually over the next 20 years. Total deliveries in the 60- to 150-seat marked segment to Latin America are expected to number 1,050 aircraft, or 8% of total world deliveries of 12,550 aircraft. Latin America deliveries will consist of 500 large regional aircraft and 550 small single-aisle aircraft, which will double the size of the current fleet. Bombardier market forecasts identifies that approximately 450 regional routes have been dropped in the past ten years. This represents about 16M potential passengers per year that are not being served with direct flights. Compared to other similar regions, Latin America would need approximately 2,600 intraregional routes instead of the current 1,700 markets with regular scheduled service. That creates a great opportunity to stimulate its connectivity.