TAM Has Record Domestic Market Share of 54.2% in August
September 08 2008 - 4:10PM
PR Newswire (US)
International market share in August was 73.9% SAO PAULO, Brazil,
Sept. 8 /PRNewswire-FirstCall/ -- TAM (BOVESPA: TAMM4, NYSE: TAM)
announces operating data for August 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 31.7% growth in domestic RPK
(demand) compared to the same period last year, and 19.6% increase
in domestic ASK (supply). In August, market demand increased 18.7%
and market supply increased 12.8%. TAM registered domestic market
share (RPK) of 54.2%, a 5.4 p.p. increase compared to the same
period in 2007. TAM's domestic load factor was 67.6%, 5.7 p.p.
higher than the market average of 61.9%. In the international
market, TAM registered 43.6% growth in RPK and 21.8% in ASK,
compared to August 2007. The company attained market share of
73.9%, representing 8.6 p.p. growth year on year. TAM attained
78.6% load factor, 2.8 p.p. higher than the market average of
75.7%. Please find below our operating data for August: Operating
data Aug 2008 Aug 2007 Var. % Domestic Market ASK (millions) -
Supply 2,967 2,481 19.6% RPK (millions) - Demand 2,007 1,524 31.7%
Load Factor 67.6% 61.4% 6.2 p.p. Market share 54.2% 48.8% 5.4 p.p.
International Market ASK (millions) - Supply 1,711 1,404 21.8% RPK
(millions) - Demand 1,344 936 43.6% Load Factor 78.6% 66.7% 11.9
p.p. Market share 73.9% 65.3% 8.6 p.p. Operating data Jan-Aug 2008
Jan-Aug 2007 Var. % Domestic Market ASK (millions) - Supply 22,978
20,190 13.8% RPK (millions) - Demand 16,051 14,289 12.3% Load
Factor 69.9% 70.8% -0.9 p.p. Market share 49.9% 49.2% 0.6 p.p.
International Market ASK (millions) - Supply 13,567 10,190 33.1%
RPK (millions) - Demand 10,379 7,201 44.1% Load Factor 76.5% 70.7%
5.8 p.p. Market share 71.3% 67.7% 3.6 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 four years, and held a 54.2% domestic
market share and 73.9% international market share at the end of
August 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 5.0
million subscribers and has awarded more than 5.9 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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