LATAM Races Toward 410 Aircraft, Its First Embraer Jets Included
Aviation
Key Facts
—The target. LATAM plans to grow its fleet to around 410 aircraft by the end of 2026.
—The additions. The group expects 41 new aircraft this year, having ended 2025 with 371.
—The first. LATAM will fly its first Embraer jets, the E195-E2, on Brazilian domestic routes from the second half.
—The rank. The plan places LATAM among the world’s twelve largest airlines by fleet size.
—The contrast. LATAM left US bankruptcy years ago and is now expanding as rival Azul only just exits its own.
The LATAM fleet is set to cross a symbolic threshold this year, climbing toward four hundred and ten aircraft and pulling Latin America’s largest airline group into the ranks of the world’s biggest carriers. For the first time, that fleet will include Brazilian-made Embraer jets.
The group ended last year with three hundred and seventy-one aircraft and plans to add forty-one more in two thousand twenty-six. The delivery pace has picked up sharply after a steady rebuild.
What the LATAM fleet plan involves
The additions are modern and varied. They include Boeing 787 Dreamliners for long-haul routes and Airbus single-aisle jets for shorter ones, part of a push toward newer, more fuel-efficient models.
The headline newcomer is the Embraer. LATAM ordered up to seventy-four E195-E2 jets from the Brazilian planemaker, with the first deliveries due in the second half of the year for its domestic network.
The logic is about right-sizing. The smaller Embraer jets let the airline fly less busy domestic routes more often, without the risk of flying half-empty on planes that are too big.
The efficiency case is central. The new Embraer model burns markedly less fuel per seat than older aircraft, a meaningful saving when jet fuel prices swing with global oil markets.
The deliveries are also spread out. Most of this year’s aircraft arrive in stages, and the group has said it can absorb them without straining the maintenance and crew capacity a sudden influx would test.
A tale of two recoveries
The contrast with rivals is striking. LATAM passed through a United States bankruptcy years ago and is now expanding hard, while fellow Brazilian carrier Azul is only just emerging from its own restructuring.
The financial recovery is real. LATAM lifted its net profit by close to half last year and carried more than eighty-seven million passengers, strong enough to fund the fleet push and even buy back some shares.
The scale now speaks for itself. A fleet near four hundred and ten places LATAM alongside global names such as Turkish Airlines, behind only the giant United States, Chinese and low-cost carriers.
The group’s reach is genuinely regional. It runs domestic operations in five South American countries and flies internationally to Europe, North America, Africa and the Pacific from its main hubs.
That footprint is part of the moat. No other single carrier ties the continent together in the same way, which gives LATAM pricing power and feed traffic that rivals struggle to match.
Live Company IntelligenceEmbraer SA ADR — the full investor dossier
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…
Net income rose to R$352.5 mn in 2024, from R$-185.4 mn in 2022.
What it means for travelers and investors
For passengers, the payoff is connectivity. More aircraft mean more frequencies and new routes, including recently added long-haul links to European cities such as Amsterdam and Brussels and further afield.
For an investor, the story is disciplined growth. LATAM generated well over one billion dollars in cash last year, which lets it fund new jets without loading the balance sheet with fresh debt.
The cash figure is concrete. Free cash flow topped $1bn in 2025, comfortable enough that the group returned money to shareholders through buybacks even while ordering dozens of aircraft.
That mix is unusual for the region. Few Latin American airlines can expand and reward shareholders at the same time, which is part of why LATAM now trades as a recovery success rather than a survivor.
The expansion continues beyond this year. The group plans a further batch of aircraft in two thousand twenty-seven, including its first ultra-long-range Airbus jets for thin, direct international routes.
For a foreign reader, the takeaway is confidence. A carrier that once needed court protection is now the region’s clearest bet on rising air travel across South America.
How big will the LATAM fleet be in 2026?
LATAM plans to grow its fleet to around four hundred and ten aircraft by the end of 2026, up from three hundred and seventy-one at the end of last year. The plan places it among the world’s twelve largest airlines by fleet size.
Why is LATAM adding Embraer jets?
The E195-E2 is the first Embraer type in the group’s fleet, chosen to serve less busy domestic routes in Brazil more efficiently. Its smaller size lets LATAM add frequencies on thinner routes while keeping planes well filled.
How does LATAM compare with Azul right now?
LATAM left its United States bankruptcy years ago and is now expanding and profitable, while fellow Brazilian carrier Azul is only just emerging from its own restructuring. The two illustrate very different stages of recovery in Brazilian aviation.
Frequently Asked Questions
How big will LATAM's fleet be by the end of 2026?
LATAM plans to reach around 410 aircraft by the end of 2026, up from 371 at the close of last year, with 41 new planes being added in 2026. That size puts it among the world's 12 largest airlines by fleet.
Why is LATAM adding Embraer jets for the first time?
The smaller Embraer E195-E2 lets LATAM fly less busy domestic routes in Brazil more often without risking half-empty planes, and the model burns noticeably less fuel per seat than older aircraft. LATAM ordered up to 74 of these jets, with first deliveries expected in the second half of this year.
How does LATAM's situation compare with rival Azul right now?
LATAM came through its US bankruptcy years ago and is now growing, carrying over 87 million passengers last year and generating more than $1 billion in free cash flow. Azul, by contrast, is only just emerging from its own restructuring, putting the two Brazilian carriers at very different stages.
Read More from The Rio Times