TAM Maintains Leadership in Both Domestic and International Markets for September
SAO PAULO, Oct. 15 /PRNewswire-FirstCall/ — TAM announces its operating data for September 2009 as disclosed by the Brazilian National Civil Aviation Agency (ANAC) today.
As the Company had predicted, the domestic market was strongly stimulated during the month of September as a result of the competitive dynamic. In this environment, TAM observed a growth of 8.6% in domestic demand, while domestic supply grew by 7.4% compared with the same period in 2008. With this, TAM’s load factor increased by 0.8 p.p. compared to September 2008 and presented a strong recovery of 2.6 percent compared to August of 2009, reaching 65.4%. In September, industry demand grew 29.9%, while supply increased 19.9%. Domestic market share (RPK) was 44.1% for the period.
The competitive scenario for September impacted domestic yield for the quarter, so that it declined between 5 and 10% compared to the second quarter of 2009. As of the first weeks into October, the Company has observed a slight tariff recovery in comparison to the previous month.
In the international market, TAM achieved a growth of 15.0% in demand compared with the same period in 2008, while the growth in supply stood at 21.4%. TAM’s market share for September was 87.3%. The international load factor was 76.1%, remaining 2.4 percent above the market average, which was 73.7%.
In the international market, which is already showing greater rationality and a stronger recovery, the Company estimates an increase between 10 and 15% in the yield in dollars for the third quarter, compared with the preceding quarter.
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