Introduction
The European aircraft manufacturer Airbus is aiming to become the top original equipment manufacturer (OEM) in Latin America. The move comes as a response to the region’s booming aviation industry, which has been a major contributor to the region’s economic growth. With a range of aircraft and services, Airbus is looking to take advantage of the market potential in Latin America.
Airbus to Become Top Aircraft OEM in Latin America
Airbus has long been one of the leading aircraft OEMs in Latin America, with a presence in Brazil, Mexico, and other countries in the region. However, the company is now aiming to become the top OEM in the region. This is due in part to the increasing demand for commercial aircraft in the region, which has been driven by the growth in air travel and tourism in Latin America.
Airbus has already taken steps to expand its presence in the region, including the formation of a joint venture with the Brazilian company Embraer to develop and manufacture the A320neo family of aircraft. The venture will enable Airbus to supply aircraft to the region on a larger scale, as well as gain access to new technology and services.
Airbus Expanding Presence in Latin American Market
In addition to the joint venture with Embraer, Airbus has also been expanding its presence in the region by investing in local partners. The company recently invested in a Brazilian maintenance, repair, and overhaul (MRO) facility, which will help to ensure that Airbus aircraft in the region are properly serviced and maintained.
Airbus has also been expanding its customer base in Latin America by partnering with various airlines in the region. The company recently signed an agreement with LATAM Airlines, the largest airline in the region, to provide aircraft and services. This agreement builds on previous partnerships between Airbus and airlines in Mexico, Colombia, and elsewhere.
Airbus to Take Advantage of Latin American Aviation Boom
The growth in air travel and tourism in Latin America has created a fertile ground for Airbus and other aircraft manufacturers. This growth has been driven by a number of factors, including increasing levels of disposable income, better airport infrastructure, and improved airline services.
Airbus is looking to capitalize on this growth by expanding its presence in the region and offering a range of aircraft and services to meet the needs of the local market. This could be a major opportunity for Airbus to become the top OEM in Latin America, as the region is expected to continue to be a major driver of growth in the global aviation industry.
Conclusion
Airbus is aiming to become the top aircraft OEM in Latin America, taking advantage of the region’s booming aviation industry. The company has already taken steps to expand its presence in the region, including forming a joint venture with Embraer and investing in local MRO facilities. Airbus is also partnering with airlines in the region to provide aircraft and services. These moves could give Airbus a major boost in the Latin American aviation market, and position it as the top OEM in the region.
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