LATAM widens lead in Brazil's airline market in 2023
LATAM Airlines widened its advantage last year as the market leader among companies flying domestically and internationally in Brazil, data from Brazilian regulator Anac showed on Monday. Chile-based LATAM has been leading the domestic segment in Latin America's largest economy since 2021, when it overtook local rival Gol. LATAM closed 2023 with a domestic market share of 37.8% as defined by revenue passenger kilometers, which measures traffic.