TAM records 1Q2011 profit, remains bullish on Brazilian market
Brazil’s TAM has reported an increase in profits for 1Q2011 and is sticking with its previous guidance for 2011 despite rising oil prices. TAM remains bullish for the domestic and international markets with its purchase of a stake in regional carrier TRIP, expected to close within 90 days, further boosting its presence in the fast-growing Brazilian domestic market.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.