TAM posted second-quarter net income of BRL50.2 million ($31.1 million), reversed from a BRL28.6 million loss in the year-ago period, riding a big boost in the domestic market driven by the replacement of 15 F100s with 13 A320s and three A321s and an expanded international network. Revenue for the three months ended June 30 increased 27.7% to BRL2.51 billion including a 30.8% jump in domestic passenger revenue to BRL1.53 billion as it took advantage of bigger, more efficient new aircraft and ...

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