SAO PAULO, Brazil, August 16 /PRNewswire/ --
- Based on a survey by Anac, the company registered delays of 30 minutes or more on only 15.43% of its flights, a percentage similar to this year's average in the United Kingdom
During the first seven months of 2008, TAM (Bovespa: TAMM4; NYSE: TAM) had the best punctuality rate of all the domestic flights operated by Brazilian airlines, according to a survey by the National Civil Aviation Agency (Anac). Between the months of January and July of this year, TAM had an average monthly 84.57% on-time rate, whereas the market average was 80.71% for domestic flights.
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Anac's survey takes into account flights that take off with a delay equal to or more than 30 minutes. TAM's average from January to July 2008 was 15.43%. According to the agency, this percentage in the UK has been varying from 15% to 18% in 2008. "These numbers demonstrate the efforts of the company's employees, who are increasingly striving for greater efficiency in our operations, based on three pillars of action: Service Excellence, Technical-Operational Excellence and Management Excellence, to the benefit of our clients," said Captain David Barioni Neto, president of TAM.
Investor Relations: Phone: +55-11-5582-9715 Fax: +55-11-5582-8149 invest@tam.com.br www.tam.com.br/ir Press Agency Contact: Phone: +55-11-5582-8167 Fax: +55-11-5582-8155 tamimprensa@tam.com.br MVL Comunicacao Phone: +55-11-3594-0302 / 0304 / 0305
About TAM:
TAM Linhas Aereas (www.tam.com.br) has been the domestic market leader since July of 2003, and closed July 2008 with 51.1% of market share. The company flies to 42 destinations in Brazil. Through business agreements signed with regional companies, it reaches 79 different destinations in Brazil. TAM's market share among Brazilian companies that operate international flights stood at 72.5% in July. Operations abroad include TAM flights to 15 destinations in the United States, Europe and South America: New York and Miami (USA), Paris (France), London (England), Milan (Italy), Frankfurt (Germany), Madrid (Spain), Buenos Aires (Argentina), Santa Cruz de la Sierra (Bolivia), Santiago (Chile), Asuncion and Ciudad del Este (Paraguay), Montevideo (Uruguay), and Caracas (Venezuela). It has code-share agreements that make possible the sharing of seats on flights with international airlines, enabling passengers to travel to 64 other destinations in the U.S., Europe and South America.
Web site: http://www.tam.com.br
