Tam summary

TAM S.A. , through its subsidiaries, provides scheduled air transportation services in Brazil and internationally. TAM Linhas Àereas and Transportes Aéreos del Mercosur S.A. (TAM Mercosur) engages in the transportation of passengers and cargo within Brazil and on international routes. The company offers flights serving various destinations in Brazil, as well as operates scheduled passenger and cargo air transport routes to 48 cities, in addition to a further 26 domestic destinations that the company serves through regional alliances with other airlines. It also serves 11 international destinations and provides connections to other destinations through commercial agreements with American Airlines, Inc. (American Airlines),, Air France-KLM S.A. (Air France), and certain other airlines. As of June 26, 2007, the company operated a fleet of 106 aircrafts. In addition, TAM serves as a tourism operator, and involves in the packaging and sale of tourism and corporate events in Brazil and internationally. The company was founded in 1976. It was formerly known as CIT ? Companhia de Investimentos em Transportes and changed its name to TAM -- Companhia de Investimentos em Transportes in 1997. Further, the company changed its name to TAM S.A. in 2002. TAM is headquartered in Sao Paulo, Brazil.