TAM Receives Another Airbus A320
June 26 2007 - 3:06PM
PR Newswire (US)
Company has added 15 aircraft to its fleet so far this year SAO
PAULO, Brazil, June 26 /PRNewswire-FirstCall/ -- This week, TAM
(Bovespa: TAMM4; NYSE: TAM) received a new Airbus A320 that is
being incorporated to its operating fleet. So far this year, the
company has received 15 aircraft -- 12 airplanes from the A320/319
family and three MD- 11s. With these acquisitions, the company has
a total of 86 Airbus aircraft -- 15 A319s, 61 A320s and 10 A330s.
(Logo: http://www.newscom.com/cgi-bin/prnh/20060418/SPTU001LOGO )
With the addition of the new Airbus A320, TAM increases its fleet
to 106 aircraft (86 Airbus, 17 F-100s and 3 MD-11s). The company
plans to end 2007 with 112 airplanes in operation. The new fleet
planned by the company foresees the incorporation of 32 total
aircraft this year (of which 15 have already been added). During
the presentation of its 2007 first quarter results, TAM announced
the acquisition of an additional three wide-body Airbus aircraft by
the end of the year, in addition to others previously planned, and
said it will increase the number of aircraft in operation in
long-haul international routes to 18 -- 15 will be Airbus and three
MD-11s. The company projects increasing its available seat
kilometers (ASKs) in international operations by 70% in 2007.
Additionally, TAM has signed contracts with Airbus for the
incorporation of another 54 aircraft, with deliveries scheduled
through 2010. The contracts also contain 20 options for airplanes
from the A320 family that may be exercised by the company, if
warranted by market growth. TAM also announced the purchase of
eight new Boeing 777-300ERs, with deliveries expected from
beginning next year. TAM's strategic planning calls for a fleet
with 141 aircraft in operation by 2011. The new A320s, used in
domestic routes and in flights to South American destinations
operated by TAM, will meet the increased demand seen in recent
months. In the first five months of this year, passenger air
traffic in Brazil's domestic market grew 13.6%. In the same period,
TAM grew 26% in comparison to the same period in 2006, according to
official data from the National Civil Aviation Agency. 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 May 2007 with
a 49.7% domestic market share and a 72.4% 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: Libano Miranda Barroso, TAM Investor
Relations, +011-55-11-5582-9715, fax, +011-55-11-5582-8149, Web
site: http://www.tam.com.br/
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