01-Mar-2011 3:59 PM
TAM orders more aircraft and reports USD91m profit for 2010
Analysis
Brazilian carrier TAM has reported a USD90.6 million profit for 2010 and announced orders for 34 new aircraft. The carrier has signed an MoU for 32 A320 aircraft, comprising 22 A320neo and 10 A320-family aircraft. The order makes TAM the launch customer for the A320neo in Latin America. It has also ordered two B777s.
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