TAM first-quarter profit rises 22%

TAM reported first-quarter net income of BRL56.9 million ($26.7 million), up 21.8% from BRL46.7 million in the year-ago period, citing increased revenue generated by new long-haul flying and lower fuel costs. First-quarter revenue lifted 17.1% to BRL2.74 billion including a 29.9% hike in gross...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.