18-Apr-2012 4:02 PM

TAM downgrades domestic traffic and capacity growth for 2012

TAM revised (17-Apr-2012) downwardly its domestic capacity growth to flat to -2% year-on-year, compared to its previous forecast of flat to +2%, for 2012 while demand is expected to increase by 7% to 9%, compared to its previous forecast of +8% to +11%. The carrier stated international demand remains strong and has maintained its previous forecast of +1% to +3% in international seat capacity. TAM also maintained its fleet growth of 157 aircraft by the end of 2012. [more – original PR]

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