IBCS Consolidator for TAM

TAM Airlines (Portuguese: TAM Linhas Aéreas) is Brazil's largest airline. It is headquartered in the city of São Paulo, and operates scheduled services to destinations within Brazil, as well as international flights to Argentina, Chile, Uruguay, Paraguay, Peru, Venezuela, the United States, the United Kingdom, France, Spain, Italy and Germany. The company is traded on the São Paulo Exchange and New York Stock Exchange as "TAM S.A."

According to the National Civil Aviation Agency of Brazil (ANAC), between January and December 2009, TAM had 45.60% of the domestic and 86.47% of the international market shares in terms of passengers/km. Starting September 2010, statistics refer to the totality of TAM Group, comprised of TAM Airlines and Pantanal Linhas Aéreas. In September 2010, its shares were of 42.40% for the domestic and 84.54% for the international markets.

On August 13, 2010, TAM signed a non-binding agreement with Chilean airline LAN Airlines to merge and create LATAM Airlines Group.

For more information on TAM Airlines, please visit: www.tam.com.br/