TAM Receives Valor 1000 Award as Best Transportation and Logistics Company
August 13 2008 - 8:31PM
PR Newswire (US)
The Company is first in its sector in terms of revenues,
sustainable growth and performance SAO PAULO, Brazil, Aug. 13
/PRNewswire-FirstCall/ -- TAM (Bovespa: TAMM4 and NYSE: TAM) was
recognized as the best Transportation and Logistics company at this
year's Valor 1000 awards, organized by the Valor Economico
newspaper. With 25 categories, the award goes to the top-scoring
companies based on evaluation criteria established by the
publication. (Logo:
http://www.newscom.com/cgi-bin/prnh/20060418/SPTU001LOGO ) "The
award reflects the efforts of our employees, who are increasingly
seeking greater efficiencies in our operations, based on three
pillars of action: Service Excellence, Technical-Operational
Excellence and Management Excellence, to the benefit of our
clients," said Captain David Barioni Neto, president of TAM Linhas
Aereas. The Valor Economico newspaper publishes an annual Valor
1000 Yearbook, which in 2008 celebrated its eighth edition. The
publication ranks the 1,000 Brazilian companies in terms of net
revenues, based on their last balance sheet. In the case of 2008,
the 2007 balance sheet is assessed. Of the 1,000 companies, the top
corporation in each of 25 sectors is chosen, based upon a point
total from seven criteria used. These include: profitability,
margin of the activity, current liquidity, cash flow, sustainable
growth, net revenues and generation of value. The latter three
items have a double weight on the result. About TAM: TAM
(http://www.tam.com.br/) has been the leader in the Brazilian
domestic market since July 2003, closing July with a 51.1% market
share. The company operates flights to 42 Brazilian destinations.
It serves 79 different destinations in the domestic market through
commercial agreements with regional companies. Among Brazilian
airline companies, its international market share was 72.5% in
July. International operations include direct flights to 15
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
(Argentina), Cochabamba and Santa Cruz de la Sierra (Bolivia),
Santiago (Chile), Asuncion and Ciudad del Este (Paraguay),
Montevideo (Uruguay) and Caracas (Venezuela). Additionally, it has
code share agreements with international airline companies allowing
passengers to travel to another 64 destinations in the U.S., Europe
and South America. Pioneer in the launch of a loyalty program in
Brazil, at present TAM has more than 5 million associates and has
redeemed more than 5.9 million tickets in exchange for points.
http://www.newscom.com/cgi-bin/prnh/20060418/SPTU001LOGO
http://photoarchive.ap.org/ 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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