Free Trial

Air Finance Journal Copying and distributing are prohibited without permission of the publisher

TAM raises $246 million

10 August 2011

The airline has raised cash with an advance sale of tickets.

Read more: TAM Multiplus frequent flyer program (FFP)

Brazilian carrier TAM has raised $400 million Brazilian Reals ($246 million) with an advance sale of tickets to the manager of its frequent flyer program (FFP), Multiplus. The airline...


Quote

"A lot of people hoped these proposals would die under their own weight"

Michael Inglese, chief financial officer, Aircastle on the proposed new accounting standards


Upcoming Events