TAM Has International Market Share of 68.9% in March
April 09 2008 - 12:59PM
PR Newswire (US)
Domestic market share in March was 51.4% SAO PAULO, Brazil, April 9
/PRNewswire-FirstCall/ -- TAM (BOVESPA: TAMM4, NYSE: TAM) announces
operating data for March 2008, as disclosed by the Brazilian
National Civil Aviation Agency (ANAC) today. (Logo:
http://www.newscom.com/cgi-bin/prnh/20080221/SPTH002LOGO )
According to ANAC, TAM registered 14.0% growth in domestic RPK
(demand) compared to the same period last year, and 14.6% increase
in domestic ASK (supply). In March, market demand increased 13.7%
and market supply increased 14.8%. TAM registered domestic market
share (RPK) of 51.4%, a 0.1 p.p. increase compared to the same
period in 2007. TAM's domestic load factor was 69.3%, 5.6 p.p.
higher than the market average of 63.6%. In the international
market, TAM registered 49.5% growth in RPK and 38.7% in ASK,
compared to March 2007. The company attained market share of 68.9%,
representing 4.8 p.p. growth year on year. TAM attained 76.4% load
factor, 8.3 p.p. higher than the market average of 68.1%. Please
find below our operating data for March: Operating data Mar 2008
Mar 2007 Var. % Domestic Market ASK (millions) - Supply 2,859 2,494
14.6% RPK (millions) - Demand 1,980 1,737 14.0% Load Factor 69.3%
69.6% -0.4 p.p. Market share 51.4% 51.3% 0.1 p.p. International
Market ASK (millions) - Supply 1,674 1,206 38.7% RPK (millions) -
Demand 1,279 856 49.5% Load Factor 76.4% 70.9% 5.5 p.p. Market
share 68.9% 64.0% 4.8 p.p. Operating data Jan-Mar 2008 Jan-Mar 2007
Var. % Domestic Market ASK (millions) - Supply 8,480 7,454 13.8%
RPK (millions) - Demand 6,028 5,269 14.4% Load Factor 71.1% 70.7%
0.4 p.p. Market share 50.6% 48.4% 2.2 p.p. International Market ASK
(millions) - Supply 5,085 3,337 52.4% RPK (millions) - Demand 3,906
2,390 63.5% Load Factor 76.8% 71.6% 5.2 p.p. Market share 67.7%
62.9% 4.8 p.p. Investor Relations Contact: Phone: (55) (11)
5582-9715 Fax: (55) (11) 5582-8149 http://www.tam.com.br/ri Press
Agency Contact: Phone: (55) (11) 5582-8167 Fax: (55) (11) 5582-8155
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
51.4% domestic market share and 68.9% international market share at
the end of March 2008. TAM operates regular flights to 42
destinations throughout Brazil. It serves 79 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 4.5 million subscribers and has awarded more than 5.2
million tickets. Forward-looking statements: This notice may
contain forward-looking statements. These estimates merely reflect
the expectations of the Company's management, and involve risks and
uncertainties. The Company is not responsible for investment
operations or decisions taken based on information contained in
this release. These estimates are subject to changes without prior
notice. http://www.newscom.com/cgi-bin/prnh/20080221/SPTH002LOGO
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/
Copyright