In January, the Company announced its guidance for the current year, in which it estimated domestic supply as equal to or up to 2% more than last year, with demand moving up by between 8% and 11%. However, after observing the behavior of the market in recent months, it observed an elasticity of demand in relation to ticket prices and consequently decided to make the change announced today.
The other estimates for 2012 remain unchanged, including the fleet plan – the Company still intends to close 2012 with 157 aircraft. The reduction in seat supply on domestic flights will be implemented by reducing the average daily aircraft utilization.
It is also worth noting that demand for international flights remains strong and that TAM is maintaining its guidance of expanding seat supply on its existing routes by between 1% and 3% this year.
Source: TAM
|