LATAM Announces Investment of R$40 Million in New Maintenance Hangar in Brazil

Expansion of Maintenance Capacity to Support Growing Fleet and Operations

São Paulo, Brazil - Press Release

LATAM Airlines Group, the leading air carrier in Latin America, announced a strategic investment of R$40 million in a new state-of-the-art maintenance hangar at its hub in São Paulo, Brazil. The new facility will significantly expand LATAM's maintenance capacity and enhance its operational efficiency.

The new hangar, scheduled for completion in 2024, will be equipped with advanced technology and machinery. With a capacity to accommodate up to five narrow-body aircraft simultaneously, it will enable LATAM to perform a wide range of maintenance services, including heavy maintenance, engine overhauls, and aircraft modifications.

LATAM's investment in the new maintenance hangar is a testament to the airline's commitment to Brazil and its growing operations in the region. The company operates over 450 daily flights to 53 destinations within Brazil, making it the largest domestic airline in the country.

The expansion of maintenance capacity will support LATAM's fleet growth plans. The airline recently announced an order for 220 new aircraft, including Airbus A320neo and Boeing 737 MAX aircraft. These aircraft will support LATAM's continued expansion in Brazil and its operations throughout Latin America.

In addition to enhancing LATAM's maintenance capabilities, the new hangar will also create new jobs and boost the local economy. The project is expected to generate over 200 direct jobs and numerous indirect employment opportunities in related industries.

LATAM's commitment to operational excellence extends beyond its maintenance capabilities. The airline has invested heavily in digital transformation initiatives to improve the travel experience for its customers. These initiatives include self-service check-in and bag drop kiosks, mobile boarding passes, and real-time flight information.

LATAM's investment in Brazil reflects the company's confidence in the country's aviation market. With its strategic location and growing economy, Brazil is a key market for LATAM and the wider aviation industry.

For more information on LATAM Airlines Group, please visit the company's website at www.latam.com.