Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  BOLSA DE VALORES DE SAO PAULO  >  TAM SA    TAMM4   BRTAMMACNPR2

TAM SA (TAMM4)

End-of-day quote. End-of-day quote  - 07/18
52.73 BRL   +0.15%
2013 TAM SA : TAM Cargo inaugurates a new cargo terminal in Manaus
2013 TAM SA : LATAM Airlines Group reports preliminar monthly statistics ..
2013 TAM SA : LATAM Airlines Group reports consolidated financial stateme..
SummaryQuotesChartsNewsCalendarCompanyFinancials 
News SummaryMost relevantAll newsSector news 

TAM Expects Brazil Air Travel Demand To Grow 7%-9% This Year

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/14/2012 | 04:13pm CEST

TAM SA (TAM, TAMM4.BR), Brazil's biggest airline, said Monday it expects demand for air travel in Brazil to grow as much as 9% this year, possibly leading the company to reduce its offer of seats.

Brazil air travel will likely expand by 7% to 9%, TAM Chief Executive Marco Antonio Bologna said in a conference call. TAM, which is in the process of merging with Chile's LAN Airlines SA (LFL, LAN.SN ), previously expected growth of between 8% and 11%.

TAM will likely cut its number of seats by up to 2%, while international flights may see an increase in offer of as little as 1%. Overall, the number of seats offered could expand by 1% or be cut by 1%, TAM said.

With the reduction in number of seats, load factor--the percentage of seats filled--will likely end the year between 76% and 78%, in line with TAM's previous estimate.

-By Paulo Winterstein, Dow Jones Newswires; 55-11-3544-7073; paulo.winterstein@dowjones.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TAM SA
2013 TAM SA : TAM Cargo inaugurates a new cargo terminal in Manaus
2013 TAM SA : LATAM Airlines Group reports preliminar monthly statistics for October ..
2013 TAM SA : LATAM Airlines Group reports consolidated financial statements as of Se..
2013 TAM SA : LATAM Airlines Group reports consolidated financial statements as of Se..
2013 TAM SA : LATAM Airlines Group Announces Placement of 144A/Reg S Securitized Bond
2013 TAM SA : LATAM Airlines Group 3Q13 Conference Call Invitation
2013 TAM SA : TAM Airlines launches a nonstop flight from Miami to Belem
2013 TAM SA : LATAM Airlines Group reports preliminary monthly statistics for septemb..
2013 TAM SA : LAN Colombia joins oneworld - TAM Airlines scheduled to join on March 3..
2013 TAM SA : TAM Airlines adds new flights from New York to Sao Paulo
More news
Sector news : Airlines - NEC
08/25 Japan's ANA finds problem with Boeing 787 Rolls-Royce engines, cancels some f..
08/25 EXCLUSIVE - ACCIDENTAL MOGUL : China property billionaire's route to Hollywood
08/24 DEUTSCHE LUFTHANSA : Lufthansa cabin crew approve new pay deal - union
08/24DJSingapore Airlines' Budget Carrier Tigerair Plans Fleet Expansion After Years..
08/18DJSwire Pacific First-Half Net Profit Down 37% at HK$5.06 Billion
More sector news : Airlines - NEC
Advertisement
Chart TAM SA
Duration : Period :
TAM SA Technical Analysis Chart | TAMM4 | BRTAMMACNPR2 | 4-Traders
Full-screen chart
Income Statement Evolution
More Financials
Sector and Competitors
1st jan.Capitalization (M$)
TAM SA0.00%2 558
DELTA AIR LINES, INC.-27.46%27 537
RYANAIR HOLDINGS PLC-19.62%17 167
UNITED CONTINENTAL HOL..-16.93%15 347
AIR CHINA LTD.-9.91%13 305
CHINA EASTERN AIRLINES..-11.04%12 469
More Results