TAM Announces Changes in Board of Directors
July 31 2009 - 6:17PM
PR Newswire (US)
SAO PAULO, July 31 /PRNewswire-FirstCall/ -- In a Board of
Directors meeting held at TAM's headquarters (Bovespa: TAMM4 and
NYSE: TAM) today in Sao Paulo, resignation letters were received
from board members Pedro Pullen Parente and Adalberto de Moraes
Schettert. (Logo:
http://www.newscom.com/cgi-bin/prnh/20080221/SPTH002LOGO ) In light
of these resignations, Andre Esteves, BTG president, and Marco
Antonio Bologna, president of TAM Executive Aviation, are TAM
Empreendimentos e Participacoes S/A's nominations to fill the
vacancies on the Board. The nominations will be presented at the
Company's Extraordinary General Assembly August 18, 2009. Maria
Claudia Oliveira Amaro continues as President of the Board, and
Mauricio Rolim Amaro as Vice President, positions that both have
held since April 2007. Investor Relations: Phone: (55) (11)
5582-9715 Fax: (55) (11) 5582-8149 http://www.tam.com.br/ir Press
Agency Contact: Media Relations
http://www.tam.com.br/http://www.taminforma.com.br/ MVL Comunicacao
Phone: (55) (11) 3594-0328 About TAM: (http://www.tam.com.br/) TAM
has been the domestic market leader since July 2003, and closed
June 2009 with 44.8% market share. We fly to 42 destinations in
Brazil. Through business agreements signed with regional companies,
we reach 79 different destinations in Brazil. Our market share
among Brazilian companies that operate international flights stood
at 86.7% in June. Operations abroad include flights to 18
destinations in the United States, Europe and South America: New
York, Miami and Orlando (USA), Paris (France), London (England),
Milan (Italy), Frankfurt (Germany), Madrid (Spain), Buenos Aires
and Bariloche (Argentina), Cochabamba and Santa Cruz de la Sierra
(Bolivia), Santiago (Chile), Asuncion and Ciudad del Este
(Paraguay), Montevideo (Uruguay), Caracas (Venezuela) and Lima
(Peru). TAM has code-share agreements that make possible the
sharing of seats on flights with international airlines, enabling
passengers to travel to 64 other destinations in the U.S., Europe
and South America. TAM was the first Brazilian airline company to
launch a loyalty program. Currently, the program has over 5.9
million subscribers and has awarded more than 8.3 million tickets.
http://www.newscom.com/cgi-bin/prnh/20080221/SPTH002LOGO
DATASOURCE: TAM CONTACT: Libano Miranda Barroso, TAM Investor
Relations, +011-55-11-5582-9715, fax, +011-55-11-5582-8149, Web
site: http://www.tam.com.br/
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