LATIN AMERICA AND THE CARIBBEAN
Brazil
Latin America's largest market and home of Embraer, with major airlines, a large business-aviation sector and early air-taxi and drone services.
Market overview
Brazil is Latin America's largest air market, and 2025 was a record year. Airlines carried about 129.6 million passengers, 9.4% more than in 2024. Domestic traffic passed 100 million for the first time (101.2 million), and international traffic reached a record 28.4 million. The airline sector is more stable than it was: Azul left US Chapter 11 in February 2026 with US$4.2 billion of new share capital, including US$100 million each from American and United. Brazil is also home to Embraer, which delivered 78 commercial and 155 executive jets in 2025 and ended the year with a record US$31.6 billion order backlog. It expects 80 to 85 commercial deliveries in 2026. Policy is pushing lower-carbon fuel. Under the Fuel of the Future law, airlines must cut emissions on domestic flights by 1% from 2027, rising to 10% by 2037. For suppliers there is work in Embraer's supply chain, airline MRO and parts, airport concessions, and sustainable fuel production and logistics.
At a glance
- Main hubs
- São Paulo Guarulhos; São Paulo Congonhas; Brasília
- Flag carrier
- LATAM Brasil / GOL / Azul (largest airlines)
- Airport operator
- Infraero and concession operators ↗
- Industry body
- Brazilian Aerospace Industries Association (AIAB)
- Training body
- Aeronautics Institute of Technology (ITA)
Aircraft maker (Embraer)air taxis (Eve)regional aviationsustainable fuel mandate
Key facts
- About 129.6 million airline passengers in 2025, up 9.4%: 101.2 million domestic and 28.4 million international (ANAC, Jan 2026).
- Embraer delivered 78 commercial and 155 executive jets in 2025 and had a record US$31.6 billion backlog at year end (Mar 2026).
- Embraer 2026 guidance: 80–85 commercial and 160–170 executive jets (Mar 2026).
- Azul left Chapter 11 in February 2026 with more than 170 aircraft and US$4.2 billion of new share capital (Feb 2026).
- Fuel of the Future law (Law 14,993/2024): domestic emissions must fall 1% from 2027, rising each year to 10% by 2037 (signed Oct 2024).
Key figures
Passengers carried (2023)
95,398,485
2023 · rank 5 of 52
2019–2023
Air freight, million tonne-km (2023)
1,387
2023 · rank 14 of 52
2019–2023
Aircraft departures (2023)
791,523
2023 · rank 2 of 9
2019–2023
Source: World Bank, World Development Indicators (CC BY 4.0).
Did you know
Embraer is the world's third-largest maker of commercial jets.
Latest news
Typical bottlenecks in Brazil
- Meeting the sustainable fuel mandate — Regulation & certification · Airline strategy & business plans
- Certifying and launching air-mobility operations — Advanced air mobility · Regulation & certification
- Winning work in an aircraft maker's supply chain — Quality, safety & compliance
Sources
- https://agenciainfra.com/blog/aviacao-brasileira-bate-recorde-e-chega-a-1296-mi-de-passageiros/
- https://www.airdatanews.com/embraer-forecasts-up-to-85-commercial-jet-deliveries-in-2026/
- https://www.travelmole.com/news/brazil-based-airline-azul-completes-chapter-11-bankruptcy-restructuring
- https://www.demarest.com.br/en/fuel-of-the-future-law-is-signed-into-law/
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