Updated: December 2025
LATAM extending its long-running lead and GOL continuing to hold firm in second place.
The ranking comes from ANAC (Brazil’s civil aviation regulator) supply-and-demand data, as reported by Panrotas.
November 2025: Market Share and Load Factor
According to the ANAC figures cited by Panrotas, the domestic market results for November were:
- LATAM: 40.75% domestic market share; 86.6% load factor
- GOL: 32.6% domestic market share; 86.8% load factor (highest among the three)
- Azul: 26.6% domestic market share; 84.5% load factor
LATAM’s Streak: 34 Months on Top
The headline number is the streak: LATAM reached 34 consecutive months as Brazil’s domestic market leader in
November 2025. Panrotas also notes that LATAM has held the country’s largest domestic and international market share
since February 2023.
GOL Consolidates Second Place
While LATAM leads in market share, GOL’s load factor edged slightly higher in November, indicating very strong
seat utilization across its domestic network. Maintaining second place is strategically important as capacity and demand
continue to normalize across Brazil’s big trunk routes and key regional corridors.
Azul in Third, Still a Major Force
Azul remained in third place in November, with a solid load factor and a sizable share of domestic demand,
particularly on routes where its network structure and fleet mix provide an edge.
Why This Matters for Travelers
For passengers, a stable “top three” with high occupancy rates usually signals two things at once: strong demand and
disciplined capacity planning. In practice, that can translate into:
- More reliable connectivity on high-demand city pairs
- Competitive pricing dynamics as airlines fight for share on core routes
- Better schedule density (more frequency options) in major hubs
Related: Follow BrazilianAirlines.com for airline performance, route updates, and Brazil travel aviation news.
