TAM Friday reported that it earned BRL788.9 million ($429 million) in second-quarter net income on BRL2.4 billion in revenue. It did not provide year-over-year comparisons in the preliminary figures it issued. ATWOnline reported last year that TAM posted 2008 second-quarter net income of BRL50.2 million on BRL2.51 in revenue. The Brazilian carrier said last week that its 2009 second-quarter RASK decreased 20.9% while CASK declined 10.4%.
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