TAM converted purchase rights for four 777-300ERs into firm orders. It announced the initial order for four firm aircraft and four purchase rights last fall (ATWOnline, Nov. 2, 2006). TAM said its share of the international market among Brazilian carriers last month was 72.4% and it intends to grow "by increasing flights to countries where it already operates in Latin America, the US and Europe as well as launching other potential destinations to attract leisure and business passengers."

Subscribe to Access this Entire Article

"TAM converts four 777 options" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.