TAM is the Most Punctual Brazilian Airline in October
November 04 2008 - 7:42PM
PR Newswire (US)
In first ten months of year, company recorded 85.5% punctuality on
average, three percentage points better than the market average SAO
PAULO, Brazil, Nov. 4 /PRNewswire-FirstCall/ -- TAM Linhas Aereas
(Bovespa: TAMM4 and NYSE: TAM) closed October with 90% of flights
operating within scheduled time, that is, with delays of less than
30 minutes, according to data released today by Anac (Agencia
Nacional de Aviacao Civil - National Civil Aviation Agency). This
places the company as the most punctual among all Brazilian
airlines. (Logo:
http://www.newscom.com/cgi-bin/prnh/20080221/SPTH002LOGO ) TAM
stood out among companies evaluated, with the market average 87.5%,
two points higher on the delay index when compared to September
(89.5%). The company also had the lowest number of cancellations in
the month, 2.2% of expected operations compared to a market average
of 3.2%. TAM also had the best monthly punctuality average in the
period January- October -- 85.8%. Its cancellation percentage was
also the lowest in the period, averaging 1.8%. The market average
was 2.7%. "The fact that we are once again the most punctual
Brazilian airline demonstrates our staff's commitment to
customers", said Captain David Barioni Neto, TAM President. The low
level of delays and cancellations is a reflection of the company's
three management pillars: Service, Technical-Operational and
Management excellence. About TAM: TAM (http://www.tam.com.br/) has
been the domestic market leader since July of 2003, and closed
September 2008 with a 52.8% market share. The company flies to 42
destinations in Brazil. Through business agreements signed with
regional companies, it reaches 79 different destinations in Brazil.
TAM's market share among Brazilian companies that operate
international flights stood at 82.1% in September. Operations
abroad include TAM flights to 17 destinations in the United States,
Europe and South America: New York and Miami (USA), Paris (France),
London (England), Milan (Italy), Frankfurt (Germany), Madrid
(Spain), Buenos Aires and Bariloche (Argentina), Cochabamba and
Santa Cruz de la Sierra (Bolivia), Santiago (Chile), Asuncion and
Ciudad del Este (Paraguay), Montevideo (Uruguay), Caracas
(Venezuela) and Lima (Peru). It has code-share agreements that make
possible the sharing of seats on flights with international
airlines, enabling passengers to travel to 64 other destinations in
the U.S., Europe and South America. A pioneer in Brazil's airline
industry with the launch of its Programa Fidelidade frequent flyer
program, TAM today has more than 5 million members and has redeemed
more than 5.9 million tickets for frequent flyer points.
http://www.newscom.com/cgi-bin/prnh/20080221/SPTH002LOGO
DATASOURCE: TAM Linhas Aereas CONTACT: Investor Relations, Phone:
(55) (11) 5582-9715, Fax: (55) (11) 5582-8149, , or Press Agency
Contact: Phone: (55) (11) 5582- 8167, Fax: (55) (11) 5582-8155, ,
MVL Comunicacao, Phone: (55) (11) 3594-0302, 0304, or 0305 Web
site: http://www.tam.com.br/ http://www.tam.com.br/ir
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