CAIXA and TAM Launch Partnership
May 30 2007 - 6:44PM
PR Newswire (US)
Partnership will allow passengers to pay for tickets at lottery
ticket outlets SAO PAULO, Brazil, May 30 /PRNewswire-FirstCall/ --
The Caixa Economica Federal and TAM Linhas Aereas launched a
partnership today making it possible to pay for airline tickets at
lottery ticket outlets. Passengers will have to make reservations
online or by calling the company. (Logo:
http://www.newscom.com/cgi-bin/prnh/20060418/SPTU001LOGO ) CAIXA
and TAM are partnering in order to make life for travelers much
easier by offering an innovative service that adds greater
efficiency to sales relations with customers, supplementing today's
electronic payment options in an easy, safe and creative manner.
CAIXA is offering Brazilians a fast and easy payment option, with
online purchase confirmation, available at more than 9,000 lottery
outlets throughout Brazil with staggered service hours. "Besides a
high-quality, low-cost service, we have a broad distribution
network with outlets in every Brazilian city and located in the
best commercial locations in state capitals, which is certain to go
a long way toward meeting the objectives of the partnership," says
Fabio Lenza, Vice President for Banking Affairs at CAIXA. "We hope
to reach an audience that does not own a credit card but can afford
the promotional fares offered by TAM," says Libano Barroso, Vice
President for Finance and Management and Director of Investor
Relations. Company executives agree that new business could emerge
from the partnership that will help leverage the country's tourism
development, saying CAIXA and TAM offer strategically complementary
products and services that can stimulate activities in the sector,
such as those geared toward tourism for the elderly. Blazing trails
in online retail transactions - Beyond its pioneering efforts in
the areas of online transactions for the transfer and licensing of
vehicles, as well as payment of phone, water and utility bills,
CAIXA will, through the agreement, see its position consolidated
even further as an innovative company in providing solutions for
electronic payment for the most diverse business and governmental
areas. Investor Relations Contact: Press Agency Contact: Phone:
(55) (11) 5582-9715 Phone: (55) (11) 5582-8167 Fax: (55) (11)
5582-8149 Fax: (55) (11) 5582-8155 http://www.tam.com.br/ri About
TAM: TAM (http://www.tam.com.br/) has been the leader in the
Brazilian domestic market for more than three years, and closed
April 2007 with a 50.7% domestic market share and a 69.7%
international market share. The company operates flights to 49
destinations throughout Brazil. It serves 76 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 4.0 million subscribers and has awarded 4.3 million
tickets in exchange for points.
http://www.newscom.com/cgi-bin/prnh/20060418/SPTU001LOGO
DATASOURCE: TAM CONTACT: TAM, Investors, +011-55-11-5582-9715, or
fax, +011-55-11-5582-8149, or ; or media, +011-55-11-5582-8167, or
fax, +011-55-11-5582-8155, or Web site: http://www.tam.com.br/
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