Brazil and Mexico Lead Booming Business Aviation Growth in Latin America in 2026

Business aviation in Latin America is entering a more mature phase with Brazil and Mexico at the forefront of this expansion. Brazil, now the second-largest market for business jets globally with over 1,100 aircraft, is seeing a shift from on-demand chartering to fractional and full ownership models. This transformation is partly driven by a surge in demand following the COVID-19 pandemic, which has not returned to pre-pandemic levels, according to JetAviva and Airbus Corporate Jets.

JetAviva has made Brazil a strategic priority for growth in 2026, with Timon Huber, formerly with Embraer, leading efforts to connect markets between Fort Lauderdale and Rio de Janeiro. The Latin American clientele increasingly travels intercontinentally to Europe and Asia, fueling demand for large-cabin jets with extended range and greater comfort. The region's geography and the limited availability of regular commercial flights further support business aviation growth, especially for multi-city travel.

Despite these opportunities, challenges remain due to regulatory complexities across Latin American countries, including differing rules on landing permissions, insurance, and operational qualifications. These factors have contributed to heightened competition and pricing pressures in the market. Additionally, compliance with safety, maintenance, and operational standards is becoming more critical as the sector matures.

Looking forward, the 2026 FIFA World Cup is expected to amplify aviation demand and airport congestion in Brazil, underpinning further growth in business aviation. While the sector grapples with operational and regulatory hurdles, the increasing fleet size and strategic focus from international consultancies signal a robust and evolving business aviation market in Latin America.