LATAM Brazil receives first Embraer E195-E2 from an order of up to 74 jets
LATAM Airlines Brazil has received its first E195-E2 from an order of up to 74, of which 24 are firm. The list value is up to US$2.1bn, excluding options.
Original reporting:Simple Flying · 9 October 2026One Mile at a Time · 29 July 2026
What happened
LATAM Airlines Brazil has received the first of its Embraer E195-E2 jets, according to Simple Flying on 9 October 2026. The report refers to completing certification with ANAC, Brazil's National Civil Aviation Agency, and says the first jet will begin operations for the airline between November 2026 and March 2027.
LATAM has ordered up to 74 of the type. One Mile at a Time reported that the order includes 24 firm orders and 50 options (rights to buy more aircraft later). It valued the deal at up to US$2.1bn at list prices, excluding options, and noted that airlines never pay list prices.
List value is therefore not a transaction price.
Simple Flying said 12 more E195-E2s will be delivered to LATAM Brazil in 2026. The first 14 delivered jets will serve 42 routes, eight of them new. The airline is also considering up to 18 new destinations for 2027 that would use the type.
One Mile at a Time said the order would add up to 35 new destinations to LATAM's current list of 160.
On cabin layout, Simple Flying said LATAM Brazil plans 136 seats in a 2-2 configuration. One Mile at a Time also gave 136 seats and described two cabins, premium economy and economy.
Simple Flying reported that LATAM Brazil served 44 airports in the country six years ago and serves 63 as of 9 October 2026. It names Jerome Cadier as chief executive of LATAM Airlines Brazil and reports him saying the type was chosen to keep expanding LATAM's presence in Brazil sustainably.
One Mile at a Time said deliveries would start in the fourth quarter of 2026. Simple Flying's report of a first aircraft on 9 October 2026 fits that timing, with operations for the airline expected later.
Only the 24 firm aircraft are committed, so the number of jets that eventually join the fleet depends on the options.
Key issues — our analysis
- Firm orders are under a third of the total
- List value is not the price paid
- Certification with ANAC still referenced
Who should pay attention
- Regional jet lessors and owners
- Aircraft finance and valuation advisers
- Insurers of regional fleets
What to watch
- First LATAM Brazil E195-E2 operations, expected between November 2026 and March 2027
- Whether LATAM exercises any of its 50 options
- Delivery of the 12 further jets scheduled for 2026
Sources
- Source: Simple Flying · 9 October 2026
- Source: One Mile at a Time · 29 July 2026
How this was produced
This original summary was prepared with AI from the linked reporting and published through automated editorial checks. It has not been individually verified by a human editor. Analysis sections are our interpretation. For information only; not financial, investment, tax or legal advice. Editorial standards · Corrections.
The Luxury Assets Brief
A concise weekly briefing on the markets, ownership issues and ideas shaping exceptional assets, with links to our original reporting.