TAM Has Record International Market Share of 83.8% in October
November 11 2008 - 2:06PM
PR Newswire (US)
Domestic market share in October was 51.8% SAO PAULO, Brazil, Nov.
11 /PRNewswire-FirstCall/ -- TAM (NYSE: TAM; BOVESPA: TAMM4)
announces operating data for October 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 7.3% growth in domestic RPK
(demand) compared to the same period last year, and 15.8% increase
in domestic ASK (supply). In October, market demand decreased 3.9%
and market supply increased 8.3%. TAM registered domestic market
share (RPK) of 51.8%, a 5.4 p.p. increase compared to the same
period in 2007. TAM's domestic load factor was 64.7%, 3.1 p.p.
higher than the market average of 61.6%. In the international
market, TAM registered 35.2% growth in RPK and 26.3% in ASK,
compared to October 2007. The company attained market share of
83.8%, representing 12.6 p.p. growth year on year. TAM attained
77.8% load factor, 4.9 p.p. higher than the market average of
72.9%. Please find below our operating data for October: Operating
data Oct 2008 Oct 2007 Var. % Domestic Market ASK (millions) -
Supply 3,024 2,610 15.8% RPK (millions) - Demand 1,958 1,825 7.3%
Load Factor 64.7% 69.9% -5.2 p.p. Market share 51.8% 46.4% 5.4 p.p.
International Market ASK (millions) - Supply 1,817 1,439 26.3% RPK
(millions) - Demand 1,413 1,045 35.2% Load Factor 77.8% 72.6% 5.1
p.p. Market share 83.8% 71.2% 12.6 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 51.8%
domestic market share and 83.8% international market share at the
end of October 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 5.2 million subscribers and has awarded more than 6.4
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