Tuesday, TAM S.A. (TAM) reported that its July 2008 traffic and capacity increased in both international and domestic markets.
The Sao Paulo, Brazil-based Airlines company said for July, traffic in Domestic market increased 8% to 2.164 billion revenue passenger kilometers or RPKs from 2.004 billion RPKs in the same period last year. In International market, traffic increased 37.5% to 1.484 billion RPKs from 1.079 million RPKs in the preceding year month.
In domestic market, capacity rose 13.8% to 3.074 billion available seat kilometers or ASKs from 2.701 billion ASKs in the previous year month, while in international market, capacity grew 27.2% to 1.821 billion ASKs from 1.432 billion ASKs in the same month of last year.
Load factor in domestic market declined 3.8 percentage points to 70.4% from 74.2% in the year-ago month. In international market, load factor increased 6.1 percentage points year-over-year to 81.5% from 75.4%.
Market share in domestic market for July grew 0.5 percentage points to 51.1% from 50.6% a year ago, while market share in international market rose 8.4 percentage points to 72.5% from 64.1% last year.
TAM closed Tuesday's regular trading session at $21.17, up $0.25 or 1.20%.
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