By Brazil Stock Guide — LATAM Airlines has begun taking delivery of its first Embraer jets as part of a fleet expansion aimed at increasing its domestic network from 63 airports to more than 70 by 2027. The airline said Thursday (October 8) that the delivery process for its first E195-E2 aircraft was underway, marking the start of a $2.1 billion order, with 12 jets scheduled for delivery by year-end.
The agreement, announced in September 2025, covers 24 firm orders and options for another 50 aircraft, potentially bringing the total to 74 jets. The $2.1 billion figure reflects the list-price value of the firm orders. Another 12 aircraft are scheduled for delivery in 2027.
The E195-E2 will diversify LATAM’s fleet, currently dominated by Airbus and Boeing aircraft. With 136 seats, the Embraer jet will allow the airline to serve smaller markets where larger aircraft may struggle to achieve the passenger loads needed for profitable operations.
Commercial flights are expected to begin between November 2026 and March 2027. During the initial phase, 14 aircraft will operate across 42 routes, including eight new services and four destinations not currently served by LATAM: Cabo Frio and Macaé in Rio de Janeiro state, Ji-Paraná in Rondônia, and Rondonópolis in Mato Grosso.
LATAM, which has expanded its Brazilian network from 44 to 63 airports over the past six years, is considering adding as many as 18 destinations in 2027. LATAM Brazil CEO Jerome Cadier said the strategy is to connect commercially viable smaller markets to the airline’s broader international network.
For Embraer, bringing LATAM on board as an E195-E2 operator strengthens the aircraft’s position in Brazil’s domestic aviation market and marks another step in converting its order backlog into deliveries and revenue.
According to Embraer, the E195-E2 burns up to 30% less fuel than first-generation E-Jets and has a range of up to 5,556 kilometers (3,000 nautical miles). LATAM’s aircraft will feature a two-by-two seating configuration, eliminating middle seats, with both Economy and Premium Economy cabins.
The first aircraft must still complete customs procedures, cabin approval and final certification requirements with Brazil’s civil aviation regulator, ANAC, before entering commercial service.
To accelerate the process, LATAM and Embraer conducted pilot and crew training, operational evaluations and evacuation demonstrations using an Embraer test aircraft. The companies said the approach cut the time required for those procedures by approximately half.
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