Airline Finance News - Latin America / Caribbean.For more global news, data, analysis and features, please go to: http://www.AirGuideOnline.com/professional.htm Sep 25, 2006 TAM TAM flew 1.68 billion domestic RPKs in August, up 32.5% from the year-ago month. Capacity climbed 25.2% to 2.28 billion ASKs and load factor rose 4.1 points to 73.7%. International traffic was up 33.9% to 604 million RPKs against a 34% rise in ASKs to 773 million, leaving load factor steady at 78.2%. The airline said its domestic market share was 51.3%, up 9.6 points year-over-year, and its international market share climbed 34 points to 54.6%. Sep 19, 2006 TAM TAM on Friday Friday: see Sabbath; week. Friday young Indian rescued by Crusoe and kept as servant and companion. [Br. Lit.: Robinson Crusoe] See : Servant concluded the public distribution of R$500 million ($231.3 million) worth of nonconvertible debentures. The three banks coordinating co·or·di·nate n. 1. One that is equal in importance, rank, or degree. 2. coordinates A set of articles, as of clothing or luggage, designed to match or complement one other, as in style or color. 3. the operation, the first public offer of debentures of an airline company in Brazil Brazil (brəzĭl`), Port. Brasil, officially Federative Republic of Brazil, republic (2005 est. pop. 186,113,000), 3,286,470 sq mi (8,511,965 sq km), E South America. , reported that the 50,000 debentures offered were subscribed Subscribed Newly issued securities that an investor has agree to, or stated his intent to, buy in a public offering prior to the issue date. When an investor uses rights, he expects to own the designated number of shares they have subscribed to once the offering is completed. and integrated by a total of 140 investors. "The purpose of the issue is to use the resources to finance aircraft components for future fleet expansion," TAM said. "As previously announced, the expectation is to end 2006 with at least 96 aircraft, reaching 127 aircraft at the end of 2010." Sep 18, 2006 |
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