TAM is Authorized to Fly to Caracas
April 11 2007 - 9:00AM
PR Newswire (US)
New frequency will be operated from the Guarulhos International
Airport, in Sao Paulo, with stop in Manaus (AM) SAO PAULO, Brazil,
April 11 /PRNewswire-FirstCall/ -- TAM (NYSE: TAM; Bovespa: TAMM4)
received official authorization from the International Relations
Department of ANAC (Brazil's National Civil Aviation Agency) to
start the regular operation of a daily frequency to Caracas, in
Venezuela. This flight will depart from Guarulhos International
Airport, in Sao Paulo, connecting in Manaus (AM). (Logo:
http://www.newscom.com/cgi-bin/prnh/20060418/SPTU001LOGO ) TAM will
operate the flight to Caracas within six months. All measures
required to start this frequency are already being taken. The start
date and timetable for this flight will be opportunely announced.
The Company already operates two frequencies per day to Santiago,
in Chile, and performs 56 flights per week to Buenos Aires, in
Argentina. Through TAM Mercosur, it also serves Asuncion and Ciudad
del Este (Paraguay), Cordoba (Argentina), Montevideo (Uruguay),
Santa Cruz de la Sierra and Cochabamba (Bolivia) and a daily
frequency to Lima, in Peru, operated in code-share with Taca. In
the international market, TAM flies to Paris (three flights per
day, one of which departing from Rio de Janeiro), London and Milan
(daily frequencies). In addition, the Company operates five daily
flights to the United States -- two to New York and three to Miami
-- one of which departing from Fortaleza, with stops in Belem and
Manaus. TAM's strategy to the international segment is to
selectively grow in profitable markets. The Company ended last
March with a 62.9% market share among Brazilian companies operating
in the international market, according to official statistics of
ANAC. About TAM: TAM (http://www.tam.com.br/) has been the leader
in the Brazilian domestic market for more than three years, and
held a 51.7% domestic market share and 62.9% international market
share at the end of March 2007. TAM operates regular flights to 48
destinations throughout Brazil. It serves 75 different cities in
the domestic market through regional alliances. Additionally, it
maintains code-share agreements with international airline
companies that allow passengers to travel to a large number of
destinations throughout the world. TAM was the first Brazilian
airline company to launch a loyalty program. Currently, the program
has over 3.8 million subscribers and has awarded more than 4.2
million tickets.
http://www.newscom.com/cgi-bin/prnh/20060418/SPTU001LOGO
http://photoarchive.ap.org/ DATASOURCE: TAM CONTACT: Investor
Relations, (55) (11) 5582-9715, , or Media, (55) (11) 5582-8167,
Web site: http://www.tam.com.br/
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