TAM Has International Market Share of 72.4% in April
May 09 2008 - 5:05PM
PR Newswire (US)
Domestic market share in April was 47.1% SAO PAULO, Brazil, May 9
/PRNewswire-FirstCall/ -- TAM (BOVESPA: TAMM4, NYSE:TAM) announces
operating data for April 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, in the international market, TAM registered
24.8% growth in RPK and 19.9% in ASK, compared to April 2007. The
company attained market share of 72.4%, representing 2.9 p.p.
growth year on year. TAM attained 73.8% load factor, 7.5 p.p.
higher than the market average of 66.4%. In the domestic market,
TAM registered 0.2% reduction in RPK (demand) compared to the same
period last year, and 14.3% increase in domestic ASK (supply). In
April, market demand increased 3.8% and market supply increased
18.3%. TAM registered domestic market share (RPK) of 47.1%, a 1.9
p.p. decrease compared to the same period in 2007. TAM's domestic
load factor was 66.5%, 0.6 p.p. higher than the market average of
65.9%. The domestic scheduled RASK in April 2008 increased compared
to the April 2007. Please find below our operating data for April:
Operating data Apr-08 Apr-07 Var. % Domestic Market ASK (millions)
- Supply 2,827 2,472 14.30% RPK (millions) - Demand 1,880 1,884
-0.20% Load Factor 66.50% 76.20% -9.7 p.p. Market share 47.10%
49.00% -1.9 p.p. International Market ASK (millions) - Supply 1,626
1,356 19.90% RPK (millions) - Demand 1,200 962 24.80% Load Factor
73.80% 70.90% 2.9 p.p. Market share 72.40% 69.50% 2.9 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 47.1%
domestic market share and 72.4% international market share at the
end of April 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/
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