Brazilian TAM registers R$ 977 million operating profit
São Paulo, Brazil – TAM Airlines recorded an operating profit of R$ 977 million in 2010, an increase of 365.5% compared to 2009, equivalent to an operating margin of 8.6%. São Paulo, Brazil – TAM Airlines recorded an operating profit of R$ 977 million in 2010, an increase of 365.5% compared to 2009, equivalent to an operating margin of 8.6%. Operational revenue was R$ 11.8 billion, a 16.4% increase on 2009. Net income was R$ 637.4 million in 2010, a reduction of 48.9% in respect to the 20...
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Source: eturbonews.com