Last year, Brazil was estimated to have approximately 68.89 million passengers between January and September, supplied by local carriers LATAM, Azul, and GOL Linhas Aéreas. With this, the South American country claimed to have recovered about 78.19% of its traffic levels before the COVID-19 pandemic in 2019.
Brazil’s return after the pandemic
The last 2.5 years proved to be very difficult for the aviation citizens of Brazil. So far Brazil has not fully recovered from the COVID-19 pandemic, as evidenced by the significant reduction in passenger numbers. Despite carrying fewer passengers, Brazilian airlines have managed to adjust and achieve record net revenue. A similar report has come out in which GOL Linhas Ares, a company that has recorded the highest quarterly net revenue in its history. With this, it has reached 4.0 billion reais ($ 755 million) between July and September of 2022.
About 68.89 million passengers were recorded in Brazil in the first three quarters of 2022. With this, Brazil has also got the title of becoming the second-largest aviation market in America after Mexico. Brazil has exceeded the target of 78 million passengers this year.
See who is leading the domestic marketplace?
In the year 2022, the domestic market has proved to be the backbone of Brazil’s civil aviation industry. This part had 58.10 million passengers in the first three quarters of the year, a 79% recovery from a similar period in 2019 when it had 69.7 million travelers.
Azul, the carrier founded by David Nielman, leads the Brazilian domestic marketplace with 19.76 million passengers a year, accounting for 34.02% of the marketplace share. It is followed by GOL with 18.91 million & LATAM with 18.86 million. Earlier smaller carriers such as Passaredo, MAP, & Azul Konecta had no more than 500,000 commuters a year.
See who’s leading the international market?
Talking about the international market, like many others across the world, is still yet to recover from the impact of the COVID-19 pandemic. In the year 2022, 10.79 million international passengers were registered in Brazil, which represents a recovery of 58.6% compared to the same period in the year 2019.
LATAM Airlines leads the Brazilian market with over 2.14 million passengers between LATAM Brasil and LAN Chile, the South American giant that recently overcame Chapter 11 bankruptcy, and so on. With this, it holds about 20% market share in the country.
TAP Air Portugal, the Portuguese state carrier, is the second biggest universal player in Brazil, after LATAM. It has carried 1.14 million travelers this year. It owns 10.57% market shares & is the total recovery of its pre-pandemic traffic between Europe & the South American nation is 83.8%.
Lastly, the two residual Brazilian airlines, GOL & Azul, have carried 574,820 & 546,540 passengers, correspondingly, holding 5.33 and 5.06% marketplace shares & after other airlines such as Copa Airlines & American Airlines.
