Brazilian airline TAM plans to slash domestic routes next year to restore profitability in the face of high fuel costs and cooling demand, the carrier’s chief executive said in a newspaper interview published on Friday.

The outlook reinforces a continued emphasis on cost-cutting under LATAM Airlines Group , the regional giant formed in a takeover by Chile’s LAN Airlines.

TAM’s fleet in the country will shrink to 109 from 114 next year, easing pressure on ticket prices that plunged last year amid a battle for market share with Gol Linhas Aereas , Brazil’s second largest airline.

Tags: brazil, latam