TAM Reports February Traffic Results
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TAM (NYSE: TAM) announces operating data for February 2009, as disclosed by the Brazilian National Civil Aviation Agency (ANAC) today.
According to ANAC, TAM registered a 1.9% reduction in domestic RPK (demand) compared to the same period last year, and a 13.6% increase in domestic ASK (supply). In February, market demand decreased 0.6% and market supply increased 8.2%. TAM registered domestic market share (RPK) of 49.8%, a 0.6 p.p. decrease compared to the same period in 2008. TAM's domestic load factor was 60.9%, 0.1 p.p. higher than the market average of 60.7%.
In the international market, TAM registered 12.6% growth in RPK and 16.9% in ASK, compared to February 2008. The company attained market share of 85.1%, representing 17.9 p.p. growth year on year. TAM attained 71.3% load factor, 4.0 p.p. higher than the market average of 67.3%.
TAM S.A., through its subsidiaries, provides scheduled air transportation services in Brazil and internationally. [SM]
According to ANAC, TAM registered a 1.9% reduction in domestic RPK (demand) compared to the same period last year, and a 13.6% increase in domestic ASK (supply). In February, market demand decreased 0.6% and market supply increased 8.2%. TAM registered domestic market share (RPK) of 49.8%, a 0.6 p.p. decrease compared to the same period in 2008. TAM's domestic load factor was 60.9%, 0.1 p.p. higher than the market average of 60.7%.
In the international market, TAM registered 12.6% growth in RPK and 16.9% in ASK, compared to February 2008. The company attained market share of 85.1%, representing 17.9 p.p. growth year on year. TAM attained 71.3% load factor, 4.0 p.p. higher than the market average of 67.3%.
TAM S.A., through its subsidiaries, provides scheduled air transportation services in Brazil and internationally. [SM]
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