TAM - We recorded the best load factor rate in domestic flights over the past 53 months

São Paulo, Fabruary 14, 2011 -  (BM&FBOVESPA: TAMM4, NYSE: TAM) -  Brazilian National Civil Aviation Agency (ANAC) disclosed today the operational data for the month of January 2011

Domestic market

In the domestic market, which includes Pantanal’s data, we maintained the leadership, accounting for 43.4% of market share due to the demand growth (in RPK) of 17.3%, combined with an increase of 12.3% in the supply (in ASKs), compared with January 2010, which led to an increase in the load factor of 3.3 p.p. to 79.1%, the best rate since July 2006. This number reflects the increase of leisure passengers flying in off-peak hours and buying tickets in advance, combined with the high volume of passengers using the TAM Fidelidade loyalty program reward tickets, therefore diluting the yield.

Due to these factors, the domestic yield recorded was lower than December 2010, but the RASK (revenue per available seat kilometer) increased, due to the load factor growth mentioned above.

International market

The demand of passengers traveling between Brazil and abroad remained strong and consistent stimulated by the appreciation of the real, and by the holiday season in Brazil.

In the international market, compared to the same month last year, we saw a rise of 10.4% in demand with an 11.2% increase in supply resulting in a decrease of  0.6 p.p. in load factor reaching 81.3%. Our market share among Brazilian carriers in January was 85.2%.

We recorded a strong increase in yield and RASK in dollar compared to the previous month.