TAM Announces First Quarter 2007 Results.(Financial report)
PR Newswire Europe, May, 2007
SAO PAULO, Brazil, May 10 /PRNewswire/ --
- 6.7 million passengers transported -- an increase of 20%
- Increase in block hours/day per aircraft from 12.4 to 13.0
- 18 new A320, 3 A330, 2 A319 and 3 MD11; 6 F100 returned 1Q07 vs. 1Q06
- Gross Revenues of R$1.9 billion, an increase of 15%
- Increased valuation of our shares in 30% since the follow-on until the
end of 1Q07
- Entered into IOSA registry
- EPS of 0.39 reais in BR GAAP and 0.92 reais in US GAAP in 1Q07
- Started new flight to Milan
- Started 2nd daily flight to Santiago (Chile)
- Started the 3rd daily flight to Paris
- Newest fleet in Brazil
- Finalized process to obtain Sarbanes-Oxley Act certification
- Offering of US$300 million...
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