TAM (TAM) announces Operating Data for December 2008
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TAM (NYSE: TAM) announces operating data for December 2008, as disclosed by the Brazilian National Civil Aviation Agency (ANAC) today.
According to ANAC, TAM registered 5.0% growth in domestic RPK (demand) compared to the same period last year, and 14.3% increase in domestic ASK (supply). In December, market demand increased 3.7% and market supply increased 11.2%. TAM registered domestic market share (RPK) of 49.1%, a 0.6 p.p. increase compared to the same period in 2007. TAM's domestic load factor was 66.1%, 0.7 p.p. lower than the market average of 66.9%.
In the international market, TAM registered 22.1% growth in RPK and 21.9% in ASK, compared to December 2007. The company attained market share of 85.5%, representing 15.6 p.p. growth year on year. TAM attained 71.4% load factor, 4.4 p.p. higher than the market average of 67.0%.
TAM SA is a Brazil-based company providing scheduled air transportation in both domestic and international markets. [SM]
According to ANAC, TAM registered 5.0% growth in domestic RPK (demand) compared to the same period last year, and 14.3% increase in domestic ASK (supply). In December, market demand increased 3.7% and market supply increased 11.2%. TAM registered domestic market share (RPK) of 49.1%, a 0.6 p.p. increase compared to the same period in 2007. TAM's domestic load factor was 66.1%, 0.7 p.p. lower than the market average of 66.9%.
In the international market, TAM registered 22.1% growth in RPK and 21.9% in ASK, compared to December 2007. The company attained market share of 85.5%, representing 15.6 p.p. growth year on year. TAM attained 71.4% load factor, 4.4 p.p. higher than the market average of 67.0%.
TAM SA is a Brazil-based company providing scheduled air transportation in both domestic and international markets. [SM]
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