Brazilian based airline TAM, reported profit in 2004.
With R$341mi (US$126mi) the company profit grow was 96,3% over the reported in 2003.
Pax traffic grew 26,9%, more then any other company in Brazil, with a total of 13,5milion pax in 2004.
Load factor went up to 66% and the market share rose to 35,8%, giving the company the 1st place among competitors year round.
Total net income was R$4,7bilion (US$1,68bilion) a growth of 25,9% and total costs growth was 16,6%.
International routes represents 21,5% of total company income.
The company continues it´s policy of return their F-100´s, with a total of 13 in 2004.
The codeshare with Brazilian based company Varig is scheduled to end in mid 2005.
Looks like TAM management team is doing a superb job over there, what could happen if the game was just a bit more fair, no government hands, no RG
help etc etc. anyway, cheers up to TAM, the best Brazilian carrier and becoming one of the worlds best.
My cheers to TAM and to Mr.Rolim Amaro, who created a new concept in Brazilian aviation, too bad he left us.
Dida, Cafu, Lucio, Roque Junior, Roberto Carlo, Emerson, Ze Roberto, Ronaldinho, Kaka, Adriano, Robinho, Ronaldo