Latin American aircraft needs expected to increase significantly over next 20 years

Officials at Boeing anticipate nations in Latin America will be in the marlet for over 3,000 new airplanes over the next 20 years — which could me $350 billion in sales for the company that has a large presence in South Carolina.

“Over the long term, Latin American economies will grow faster than the rest of the world,” Donna Hrinak, president of Boeing Latin America, said. “This growth will create increased passenger traffic in the region and drive Latin American airlines to expand and compete for business that has traditionally been dominated by foreign operators.”

Boeing officials said more than 2,500 single-aisle airplanes will be needed by Latin America-based airlines, as well as widebody airplanes.

Several Boeing models are already in use in Latin America, including the 787 Dreamliner, which is manufactured in North Charleston.

“Boeing products will continue to help our Latin American customers succeed in a very competitive marketplace,” Hrinak said.

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