LATAM confirms expansion of cargo fleet with additional 767s

Major pharmaceutical transporter in Latin America will nearly double freighter capacity by 2023

In an effort to grow its freighter fleet, LATAM Group, a major transporter of pharmaceutical products in Latin America, plans to add 10 Boeing 767-300 Boeing Converted Freighters over the next three years. The first aircraft will be expected to begin operations in December.

LATAM’s freighter fleet growth plan originally consisted of four firm conversion orders with Boeing, along with another four conversion options. Two months after the initial announcement, LATAM has exercised the four options, eight planes and the conversion of two additional Boeing 767-300ERs—this brings the fleet size to up to 21 freighters by the end of 2023.

Growing from 11 to 21 freighter planes will enable LATAM's cargo subsidiaries to expand and reinforce their capacity to, from and within South America. The first eight airplanes have been assigned to markets that are crucial for key customer segments, the company notes.