Tam viagens vector logo
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About Tam viagens
TAM Airlines (Portuguese: TAM Linhas Aéreas) is the Brazilian brand of LATAM Airlines Group. The merger of TAM with LAN Airlines was completed on June 22, 2012. The company is currently the largest Brazilian airline company by market share and fleet size.
Before the takeover, TAM was Brazil’s and Latin America’s largest airline. Its headquarters are in São Paulo, operating scheduled services to destinations within Brazil, as well as international flights to Europe and other parts of North and South America. Shares in the company were traded on the São Paulo Exchange (BM&F Bovespa) and New York Stock Exchange as “TAM S.A.”. Prior to the merger with LAN, the company closed its capital, transferring its shares to Latam Airlines Group.
According to the National Civil Aviation Agency of Brazil (ANAC), between January and December 2012 TAM had 40.79% of the domestic and 89.44% of the international market shares in terms of passengers per kilometre flown. Starting September 2010 statistics refer to the totality of TAM Group, comprising TAM Airlines and Pantanal Linhas Aéreas.
The airline has announced that it will withdraw from the Star Alliance during the second quarter of 2014 and join Oneworld immediately afterwards. A date is expected to be announced in late 2013.
