Brazil March Airline Industry Market Share: Summary

The following table shows market shares of Brazil’s leading airline companies as reported by Brazil’s National Agency of Civil Aviation. Market share is determined by total kilometers of air travel purchased by customers.

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                  March      Feb.      Jan.      Dec.      Nov.      March
                   2014      2014      2014      2013      2013       2013
===========================================================================
                 ----------------- Domestic Market Share ----------------
TAM              38.63%    37.59%    38.13%    37.88%    38.81%     39.21%
Gol              35.90%    36.57%    37.25%    37.30%    36.40%     36.14%
Azul             16.43%    16.82%    16.66%    16.38%    12.94%     12.67%
Avianca           8.34%     8.33%     7.29%     7.10%     7.71%      7.14%
Trip              0.00%     0.00%     0.06%     0.67%     3.49%      4.17%
All Other         0.71%     0.69%     0.61%     0.67%     0.64%      0.68%
                 -------------- International Market Share --------------
TAM              86.04%    89.72%    89.83%    87.11%    90.37%     87.87%
Gol              13.96%    10.26%    10.17%    12.89%     9.63%     12.13%
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SOURCE: Agencia Nacional de Aviacao Civil-Brasil (ANAC).

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