COVID-19: Brazil’s aviation market will shrink after the pandemic

Most airlines do not have a lot of time to focus on how the industry will be reshaped in a post-COVID-19 world. But there's one overarching theme that emerges when they can take a step back and ponder how the industry will change after the crisis - markets will be smaller.

The largest domestic airline in Brazil, GOL, believes that Latin America's largest aviation market could potentially be smaller for some time after the pandemic ends, and that the crisis will force some airlines in the market to behave more rationally with capacity growth. For now, GOL is operating a skeleton schedule and has parked more than 100 aircraft. The airline also believes its planned international expansion will be delayed for some time.

GOL's competitor, Azul, which has also parked more than 100 aircraft, hopes to resume close to a normal operating schedule in Jul-2020, but as the crisis drags on it can only be speculated when any sense of normality will materialise.