GOL surpasses TAM in domestic Brazil market share

Discussion in 'Other Airlines | South America' started by jbcarioca, Mar 18, 2011.  |  Print Topic

  1. jbcarioca
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    jbcarioca Gold Member

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    SILIA -(Dow Jones)- Brazil's Gol Linhas Aereas Inteligentes (GOLL4.BR) surpassed top rival airline TAM (TAMM4.BR) in February to become the country's leading carrier in local market share, according to data released Thursday by government aviation regulator ANAC.
    The agency said Gol took 39.77% of the domestic market during the month, followed by TAM, with 39.59%.
    The two leading airlines were trailed by Azul, with 7.96%, Webjet, with 5.89%, Trip, with 2.77% and Avianca, with 2.58%.
    Despite losing its position as the top domestic carrier, TAM in February remained by far Brazil's top international carrier.
    ANAC said TAM held 85.85% of the market for international flights, versus 12.92% for Gol and 1.22% for Avianca.
    Meanwhile, ANAC Thursday reported overall air passenger traffic in Brazil rose in February, increasing by 9.34% over the same month last year. The seat occupancy rate fell to 68.5% during the month from 71.0% last year, however, under the influence of an increase in available seating.
     

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