Latam leads and Azul takes 2nd position in corporate

Latam leads and Azul takes 2nd position in corporate
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In the first quarter of 2024, corporate travel agencies (TMCs) associated with Abracorp earned R$3.28 billion, an increase of 0.8% compared to the first quarter of 2023 and 25% compared to 2019, pre-pandemic . In March, revenue was almost R$1.2 billion.

Also in the third month of the year, Latam remained in first place in the ranking of air tickets issued by TMCs Abracorp, with a 36.2% share, followed by Azul, with 33.4%. Gol was in third place, with a 30.3% share.

Chart referring to March 2024, according to domestic data from Abracorp

“It is Latam’s second month of leadership and Azul’s first in second place. We see that the scenario where Latam leads the corporate market both nationally and internationally has been consolidated”, says the executive director of Abracorp, Humberto Machado.

In February, studies already show that Latam reached 36.4% in the volume of tickets sold, an increase of almost 20% compared to January. Gol, on the other hand, closed February with 32.2%, a 16% drop compared to the same period. Last month, Azul also gained market share and had a share of 31.3%, growth of 6.2% compared to the previous month.

The article is in Portuguese

Tags: Latam leads Azul takes #2nd position corporate

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