LATAM Airlines Brazil on market share: 'I don't need to gain market, I need to make money'

2 October, 2020

LATAM Airlines Brasil CEO Jerome Cadier commented on the carrier's Aug-2020 market share in Brazil, stating: "We need to be careful when making conclusions from market share data, when the industry's total volume is under 70%" (Estadao, 28-Sep-2020). He added: "Today, I pay my aircraft on the flight hour. Therefore, I'm more selective than Azul and Gol". He concluded: "I don't need to gain market, I need to make money… I won't fight for market share".