Brazil ignoring the aviation sector’s woes

The news from Latin America hasn’t been good for some time now but there are occasional rays of sunshine. Take Brazil: for the fifth consecutive month, demand in the country for air transport grew. July figures indicated a growth of 3.83%.

The statistics have just been released by the Brazilian Association of Airlines, which compared the month to the same period in 2016. Brazil also increased its load factors by 0.62% to achieve 83.97%. The number of passengers carried, meanwhile, grew by a useful 4.43% to reach 8.6m.

As for carrier market share, Gol takes first place with some 37.58%, followed by Latam with a 32.24% slice. Blue took 17.38% whilst Avianca Brazil weighed in with 12.8%. This pattern was repeated in the full year, where Gol continues to lead with 36.33%, followed by Latam (32.46%) and Blue (18.37%).

Similarly, international air traffic to and from Brazil grew in July by a healthy 18.82%.