This investment will mainly focus on qualifying labor and employing it primarily at its facilities in Sao Carlos, the largest aircraft maintenance center in South America.
Latam Airlines will invest US$2 billion in Brazil over the next two years in products, technologies and passenger services, in addition to aeronautical maintenance activities.
This investment will focus mainly on qualifying labor and employing it mainly in its facilities in Sao Carlos, the largest aircraft maintenance center in South America, which has the potential to be a true Brazilian aerospace hub .
The airline reached this agreement in a meeting with the president of Brazil, Luiz Inácio Lula da Silva, after which a protocol of intentions was signed with the Brazilian Ministry of Labor and Employment.
The agreement signed in Santiago provides for a joint technical work plan between Latam Airlines and the Government to explore opportunities for qualification and employment of specialized labor in Brazil in the coming months.
Currently, Latam Airlines employs 19,000 people in Brazil, 1,800 in São Carlos, where professionals from different specialties such as mechanics, engineering, chemistry, clothing and technicians work.
Currently, Latam MRO in São Carlos is the largest aircraft maintenance and repair center in South America.
It is responsible for the maintenance of 60% of the Latam Ailrines group fleet. With 23 years of activities, it is a center of innovation, workforce training, export of services and a reference for the Brazilian aerospace industry.
At the end of the hearing in Chile, Latam Airlines presented President Lula with an engine compressor blade from the company's Boeing 767, which for more than 20 years flew the skies of South America and the world, connecting its peoples and cultures.
CONNECTIVITY BETWEEN CHILE AND BRAZIL
In the case of Brazil, Latam Airlines is the company that adds the most flights and seats to the national market, currently operating the largest air network in its history in the country (53 national airports).
In international operations, it is the company that connects Brazil the most with the world, with its own flights from the country to 90 airports abroad.
In 2024, Latam Airlines Brasil has already added 1 million domestic seats in Brazil and has surpassed the mark of 150 aircraft in its fleet in the country. In total, the company expects a growth of between 8% and 10% in its domestic seat offering this year.
Brazil-Chile connectivity is highly strategic. Currently, the Latam Airlines group is the one that serves this market the most, with 8 routes between Santiago de Chile and Brazilian cities with more than 100 weekly frequencies.
In practice, the group transports 10% of the Chilean population annually between both countries.
In the second quarter of 2024 alone, the airline increased the volume of flights between both countries by 30% compared to the first quarter of the year. Currently, Latam Airlines is responsible for 70% of the passengers flying between Brazil and Chile.
