TAM Has International Market Share of 67.3% in February
March 11 2008 - 6:30PM
PR Newswire (US)
Domestic market share in February was 50.6% SAO PAULO, Brazil,
March 11 /PRNewswire-FirstCall/ -- TAM (BOVESPA: TAMM4, NYSE:TAM)
announces operating data for February 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 21.8% growth in domestic RPK
(demand) compared to the same period last year, and 17.2% increase
in domestic ASK (supply). In February, market demand increased
12.9% and market supply increased 15.8%. TAM registered domestic
market share (RPK) of 50.6%, a 3.7 p.p. increase compared to the
same period in 2007. TAM's domestic load factor was 70.5%, 4.4 p.p.
higher than the market average of 66.1%. In the international
market, TAM registered 65.2% growth in RPK and 55.1% in ASK,
compared to February 2007. The company attained market share of
67.3%, representing 6.2 p.p. growth year on year. TAM attained a
73.9% load factor, 8.2 p.p. higher than the market average of
65.7%. Please find below our operating data for February: Operating
data Feb 2008 Feb 2007 Var. % Domestic Market ASK (millions) -
Supply 2,668 2,277 17.2% RPK (millions) - Demand 1,880 1,543 21.8%
Load Factor 70.5% 67.8% 2.7 p.p. Market share 50.6% 46.9% 3.7 p.p.
International Market ASK (millions) - Supply 1,645 1,061 55.1% RPK
(millions) - Demand 1,216 736 65.2% Load Factor 73.9% 69.4% 4.5
p.p. Market share 67.3% 61.0% 6.2 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 50.6%
domestic market share and 67.3% international market share at the
end of February 2008. TAM operates regular 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 4.5 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