Almost 30 million passengers travelled to and from Australia on international flights last year, an increase of 5.2% on the previous year.
The year-end figure was helped by solid growth in December of 6.8% with 2.85 million people travelling on scheduled services, according to official government figures.
Qantas saw its share dip from 17.6% to 16.5% in December, reflecting a sustained trend, with Jetstar rising from 7.8% to 8%.
Emirates and Singapore Airlines were the largest international carriers in terms of share, both capturing 9.2% of the market. The Dubai-based carrier climbed 0.5 percentage points from 8.7% 12 months ago while Singapore Airlines slipped from 9.3%.
Air New Zealand and Virgin Australia both held a 7.9% share, down from 8.2% and 8.1% respectively.
Cathay also saw a dip, from 5.3% to 4.5%.
Malaysia Airlines saw a marginal rise of 0.1 point to 4% while Thai Airways reported an increase of 0.6 percentage points to 3.5%.
AirAsia X was up from 2.8% to 3.1% as low cost carriers as a whole continued to erode share of legacy airlines. Combined, the market share of AirAsia X, Indonesia AirAsia, Jetstar, Jetstar Asia, Tiger and Scoot climbed from 12.3% in December 2011 to almost 14%.