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LATAM Airlines Group has placed an order with Embraer for up to 74 E195-E2 regional jets, consisting of 24 firm orders and options for 50 additional aircraft. Deliveries are set to begin in the second half of 2026. The deal is valued at $2.1 billion for the firm orders.
The agreement marks a significant step for LATAM as it seeks to strengthen its domestic and regional operations across South America. Embraer stated that the order "underscores the LATAM Group’s ongoing investment in strengthening its domestic and regional operations, building on steady and profitable growth achieved over the past four years."
LATAM plans to use these new aircraft both to launch new routes and increase frequencies on existing ones. Since 2021, LATAM's network has expanded by 24%, growing from 129 to 160 destinations. Roberto Alvo, CEO of LATAM Airlines Group, commented: "The LATAM Group’s decision is based on the excellent economics and versatility of the Embraer E195-E2, which will allow us to continue on our path of profitable growth by enhancing that connectivity through the opening of new destinations, allowing our passengers to have even more options and bringing communities closer, boosting also economic and social development."
