LATAM Airlines defers decision on 50 Embraer E195-E2 options while preparing for first deliveries of the aircraft later this year.

Airline leaders from around the world converged on Rio last weekend for the IATA AGM at a time when the fallout from the Iran war is hitting the industry hard.

Airlines have partly succeeded at passing on higher costs to consumers this year, but carriers worry that they might soon ask for too much and strangle demand.