Corporate Jet Investor São Paulo will bring together senior business aviation professionals from across Latin America and beyond for two days of stimulating presentations, discussions and relaxed networking.
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Why Brazil?
According to the FAA in its latest 20-year aviation forecast, the Latin American region will experience an expected and significant growth of 4.5% per year by 2034. Brazil currently has the highest share in the Latin American business jet market. The country has the highest fleet of business jets operating in Latin America and the country has been acting as the hub for business aviation in the region.
With a lot of potential for the development of general aviation infrastructure, the market is poised to grow during the forecast period. The growth in the number of charter operators along with their subsequent fleet modernisation plans to replace their aging fleet is another factor boosting the growth of the business jet market in Brazil (Currently, business jets aged 30+ years make up around 25% of the South American business jet volume). Global Fleet Distribution by region depicts clearly that Latin America’s growing aviation industry has become the second biggest contributor with 15% of the global fleet (Jets 2,467 – Turbopropos 1,781). Further justification is that in Brazil, commercial airlines reach just 300 locations, while business aircraft fly to more than 3,500, highlighting the huge opportunity operators have in a country where UHNWs are becoming more common.
