Brazil February 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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                   Feb.      Jan.      Dec.      Nov.      Oct.       Feb.
                   2014      2014      2013      2013      2013       2013
===========================================================================
                 ----------------- Domestic Market Share ----------------
TAM              37.59%    38.13%    37.88%    38.81%    39.26%     41.60%
Gol              36.57%    37.25%    37.30%    36.40%    36.33%     34.03%
Azul             16.82%    16.66%    16.38%    12.94%    12.91%     11.74%
Avianca           8.33%     7.29%     7.10%     7.71%     7.46%      6.89%
All Other         0.69%     0.61%     0.67%     0.64%     0.57%      0.60%
                 -------------- International Market Share --------------
TAM              84.47%    89.72%    89.83%    87.11%    90.37%     87.69%
Gol              15.53%    10.26%    10.17%    12.89%     9.63%     12.31%
===========================================================================

SOURCE: Agencia Nacional de Aviacao Civil-Brasil (ANAC).

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