IBOV 185,529.61 ▼ 0.98% IPSA 11,314.82 ▼ 0.87% IPC MEX 65,073.88 ▲ 0.01% MERVAL 3,066,324 ▼ 0.31% COLCAP 2,578.60 ▲ 0.36% BVL PERÚ 60,246.14 ▲ 0.52% USD/BRL5.10▲ 0.32% USD/MXN16.87▼ 0.26% USD/CLP926.78▲ 0.16% USD/COP3,097▼ 0.93% USD/PEN3.36▲ 0.13% USD/ARS1,514▲ 0.12% USD/UYU40.22▲ 3.03% USD/PYG5,869▲ 1.64% USD/BOB12.58▲ 3.76% USD/DOP58.50▲ 1.92% USD/CRC448.95▲ 2.03% USD/GTQ7.63▲ 3.05% USD/HNL26.84▲ 3.17% USD/NIO36.62▲ 2.65% USD/VES818.05▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.70▲ 1.87% EUR/BRL5.93▼ 0.36% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 185,529.61 ▼ 0.98% IPSA 11,314.82 ▼ 0.87% IPC MEX 65,073.88 ▲ 0.01% MERVAL 3,066,324 ▼ 0.31% COLCAP 2,578.60 ▲ 0.36% BVL PERÚ 60,246.14 ▲ 0.52% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Wednesday, September 9, 2026

Brazil Business & Economy

LATAM Puts Its First Embraer Jet Into Service in November

By · September 9, 2026 · 4 min read

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BRAZIL · AVIATION

Key Facts

  • The aircraft LATAM’s first Embraer E195-E2 enters service in the last week of November 2026, flown by LATAM Brasil.
  • The order 24 firm aircraft with 50 options, up to 74 in total, worth about 2.1 billion dollars at list prices.
  • The cabin LATAM configures it for 136 seats, with up to 20 premium economy places.
  • The network Eight new routes and four new destinations in the first phase, across 42 domestic routes in total.
  • The Airbus side CDB Aviation completed delivery of five leased A321neos on 8 September, taking LATAM to six from that lessor.
  • The traffic August capacity rose 7.0 percent and traffic 4.7 percent, so the load factor fell 1.8 points to 83.5 percent.

LATAM is adding a smaller jet to reach smaller cities. Its August numbers show why: it is flying more seats than it is filling.

A LATAM Airlines aircraft
LATAM Puts Its First Embraer Jet Into Service in November
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LATAM will put its first Embraer E195-E2 into service in the last week of November, flown by its Brazilian arm. It also completed the delivery of five leased Airbus A321neos this week.

The Embraer Order

LATAM ordered 24 E195-E2s firm with 50 options, up to 74 aircraft, at a list value near 2.1 billion dollars. The order was announced in September 2025.

The first aircraft was revealed at Embraer’s plant in Sao Jose dos Campos on 10 June 2026.

LATAM configures the cabin for 136 seats in a two-by-two layout, with up to 20 premium economy places with extra legroom. The aircraft is certified for up to 146.

Fourteen aircraft are due in service by the end of March 2027, with ten more through that year.

This is the first Embraer jet in the modern LATAM group fleet. The airline’s Brazilian predecessor flew Embraer turboprops in earlier decades.

Where the Small Jet Goes

The first phase covers eight new routes and four new destinations, inside a network of 42 domestic routes for the type.

From December: Guarulhos to Rondonopolis seven times a week, to Ji-Parana four times, and to Cabo Frio four times.

From February: Guarulhos to Macae three times a week, Brasilia to Ribeirao Preto daily, and Porto Alegre to Campinas fourteen times.

From March: Curitiba to Londrina fourteen times a week and Curitiba to Cuiaba seven times.

Jerome Cadier, chief executive of LATAM Brasil, said the Embraer allows the airline to operate smaller destinations and to improve operations in cities where it is already present, distributing the offering better through the day.

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Embraer
NYSE: ERJEMBJ3IndustrialsAerospace & Defense20,923 employees
$12.33B
Market cap
Analyst target $68.50

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3.9Moderate Buy/ 5
10 Buy3 Hold1 Sell
Avg. price target $68.50  ·  +30% vs 200-day

Valuation & profitability

Market cap$12.33B
Revenue (TTM)$39.80B
P / E ratio37.7
Profit margin5.4%
Return on equity11.3%

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52-wk low
$55.53
52-wk high
$66.87
Beta (volatility)0.92
200-day average$52.79

Revenue trend · 6y

20192024
Latest $6.39B

Ownership

Institutions46.0%
Shares outstanding183M
Top holderGQG Partners LLC
Institutional holders5+ funds

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Yield0.1%
Payout ratio31.0%
Fwd. annual$0.05
What Embraer does. Embraer S.A., together with its subsidiaries, designs, develops, manufactures, and sells aircraft and systems worldwide. It operates through Commercial Aviation; Defense & Security; Executive Aviation; Services & Support; and Other segments. The Commercial Aviation segment develops, produces, and sells commercial jets. Its Defense & Security segment develops and produces military aircraft and…
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The Airbus Deliveries

CDB Aviation, the Irish leasing arm of China Development Bank Financial Leasing, announced on 8 September that it had completed the delivery of five Airbus A321-271NX aircraft to LATAM.

The lease was announced in March 2026 with deliveries scheduled for the second quarter. The five bring CDB Aviation’s placement with LATAM to six A321neos.

Jorge Garcia, senior vice president for commercial in the Americas at CDB Aviation, said the lessor was pleased to have delivered the last of the five to a global leader in the airline industry.

The cabin configuration and the operating affiliate were not disclosed.

The August Numbers, and the Part That Slipped

LATAM carried 7.893 million passengers in August, up 2.6 percent. System traffic measured in revenue passenger kilometres rose 4.7 percent to 13,353 million.

Capacity rose faster, up 7.0 percent to 15,989 million available seat kilometres. That gap pushed the system load factor down 1.8 points to 83.5 percent.

Domestic Brazil traffic rose 3.6 percent against capacity up 6.7 percent, taking that load factor down 2.5 points to 83.5 percent. International traffic rose 5.8 percent against capacity up 7.3 percent.

Cargo held up better. Cargo traffic rose 5.8 percent against capacity up 2.5 percent, lifting the cargo load factor 1.7 points to 53.9 percent.

Over the first eight months of 2026 traffic is up 8.6 percent and capacity up 9.1 percent, with the load factor down 0.4 points at 83.7 percent.

Frequently Asked Questions

When does LATAM’s first Embraer fly?

In the last week of November 2026, operated by LATAM Brasil. Fourteen aircraft are due in service by the end of March 2027.

How many seats does it have?

LATAM configures the E195-E2 for 136 seats, with up to 20 premium economy places. The type is certified for up to 146.

What about the Airbus deliveries?

CDB Aviation completed delivery of five leased A321neos on 8 September, taking its placement with LATAM to six aircraft.

Did August traffic improve?

Traffic rose 4.7 percent but capacity rose 7.0 percent, so the load factor fell 1.8 points to 83.5 percent.

Sources: LATAM Airlines Group SEC filing of 8 September 2026, CDB Aviation, AeroTime, Mercado e Eventos, Brasilturis, Panrotas, Cavok.

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