Air Transport World

TAM.(1st quarter results)(Brief article)

TAM reported a BRL808.8 million ($389 million) profit for 2006, up 89.6% over 2005 earnings of BRL426.5 million, according to US GAAP accounting standards. Varig's near-death experience and Gol's lower-than-expected earnings in a year touched by tragedy opened the door for TAM, which added 11 net new aircraft, transported 27. …

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