Wednesday, January 26, 2011

TAM Brazil .- expected to grow to 18% in domestic demand in 2011

MADRID, 25 TAM has estimated a growth in domestic passenger demand between 15% and 18% in 2011, reaching an employment rate in the domestic market of 70%, according to the Brazilian airline on their website. The company's president, Lebanon Barroso, said the growth is due to change in the profile of passengers in 2010, who chose to air transport at the expense of travel by bus when the tour is over 1,280 kilometers.

In line with this trend, Barroso said that much of the growth during 2011 will come from Brazilians flying in Class 'Premium' of the airline. Driven by rising demand, the company will increase its offerings through the acquisition of seven aircraft in July, including two A330, two A321 aircraft belonging to the remaining three correspond to A319.

After these additions, TAM provides an occupancy rate in the international market of 83% and forecast a growth of 10% with the launch of two new routes out of Brazil. Finally, the company expects that "efforts" in reducing costs will result in a decrease of 5% cost of the company in 2011.

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