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TAM sees domestic demand increasing 14-18% in 2010; to add 16 aircraft in 2010

1-Apr-2010 12:54 PM

TAM stated it expects demand for domestic air travel to increase by 14-18% in 2010, on improved economic conditions in the Brazilian market, with the carrier planning to increase capacity (ASKs) by 14% in 2010 (Dow Jones, 31-Mar-2010). The carrier will add 16 aircraft to its fleet, an increase from its previously forecast five aircraft additions, taking its total fleet to 148 by the end of 2010. The carrier stated it has financing for all aircraft scheduled for delivery in 2010. The carrier added that it expects domestic load factors to remain stable, at 66%, compared to 65.4% in 2009.