Canada’s largest airline Air Canada has acknowledged there is an aggressive landscape in the country’s domestic market but remains convinced that its network diversification is a strong competitive weapon it can use to fend off new entrants.

Azul is the latest Brazilian airline to post a loss in the third quarter (Q3) even as robust demand trends show no signs of slowing down.

LATAM Airlines Group continues to build back its operations to pre-pandemic levels, but the company’s revenue performance in the 2022 third quarter (Q3) lagged behind the same period in 2019.