TAM Reports 8.6 Percent Growth in Domestic Demand

TAM reports growth of 8.6 percent in domestic demand, while domestic supply grew by 7.4 percent compared with the same period in 2008. With this, TAM’s load factor increased by 0.8 percentage points compared to September 2008 and presented a strong recovery of 2.6 percent compared to August of 2009, reaching 65.4 percent.

In September, industry demand grew 29.9 percent, while supply increased 19.9 percent. Domestic market share (RPK) was 44.1 percent for the period. The competitive scenario for September impacted domestic yield for the quarter, so that it declined between 5 and 10 percent compared to the second quarter of 2009.

As of the first weeks into October, the company has observed a slight tariff recovery in comparison to the previous month. In the international market, TAM achieved a growth of 15 percent in demand compared with the same period in 2008, while the growth in supply stood at 21.4 percent.

TAM’s market share for September was 87.3 percent. The international load factor was 76.1 percent, remaining 2.4 percent above the market average, which was 73.7 percent.