• Categories
  • Archives

Brazil’s TAM to Get 26 Airbus Jets for US$ 5.4 Billion

Brazil's TAM Airline Brazil's largest air carrier, TAM Linhas Aéreas signed a memorandum of understanding to buy 22 Airbus A350 XWB jets plus four A330-200s, the European manufacturer announced Friday. Total value of the deal is US$ 5.4 billion at list prices.

TAM will take delivery on the A330 portion of the order in 2010 and 2011. The A350 XWBs will be delivered between 2013 and 2018.

TAM was the Latin American launch customer for the original Airbus A350 program that was shelved when airlines complained that the design would not match the capabilities of Boeing's 787 Dreamliner.

The restart of the program as the A350 XWB means the airplane's first customer delivery is scheduled for 2013, five years after the Boeing goes into service. The Brazilian airline had ordered 10 of the original A350s.

The purchase reflects TAM's plans to increase its share of international air travel to and from Brazil, CEO Marco Bologna said in the statement. TAM controls 72% of international flights among Brazilian airlines, but several international carriers also fly direct to Brazil.

TAM, which competes with low cost carrier Gol for most of Brazil's air travel, will have a fleet of 143 aircraft at the end of 2011 after the four new A330 jets are delivered.

The order gives Airbus a total of 254 firm orders and commitments for the airplane.

Mercopress

Tags:

  • Show Comments (2)

  • Ric

    Wait until used 350À‚´s start to shed their skin due to unequal expansion coefficients. The 787 uses composite on composite, not composite mixed with aluminum.

    Comet Redux?

  • ch.c.

    Just imagine……
    the quantity of cheap ethanol, sugar, orange juice, coffee, grains…..you need to export to compensate such an order.

    And after all, that is not such a big order, Singapore Airline did a similar order !!!!!!!

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

TAM’s New Direct Rio-New York Flight Arrives 6 am at JFK

Brazilian airline TAM has started operating direct flights between Rio de Janeiro and New ...

Market Analysts Keep Saying Brazil’s GDP Won’t Grow Over 3.5%

The Focus Bulletin, issued this Monday, February 20, by Brazil’s Central Bank (BC), indicates ...

Congress and State Department on Lobby to Bring American Pilots Back from Brazil

The owner of ExcelAire, the American company that bought the Brazilian-made Legacy jet, which ...

Thanks to Agribusiness Sí£o Paulo Answers to 31% of Brazil’s GDP

The trade balance surplus of the southeastern Brazilian state of São Paulo was US$ ...

Brazilian and Arabs Exchange Biotecnology Information

The semiarid climate is one of the main themes of the Summit of South ...

Brazilian Favela Becomes Film and Inspiration

Jeff Zimbalist and Matt Mochary, who directed and produced Voy Pictures’ film debut “Favela ...

Reading Brazilian Piñon, I Was Glad I Wasn’t the Caliph

Nélida Piñon is among Brazil’s best known writers, and Voices of the Desert is ...

An Ethanol Pump in Every Gas Station Makes Brazil World Leader in Biofuel

Brazil enjoys a privileged position compared with other countries, when it comes to guaranteed ...

Brazilian Wonderland

Trade figures for Brazil look quite promising. Fact unheard, gasoline prices fell and the ...

More Blacks and Less Whites in Brazil

The distribution of the Brazilian population by color or race presented a slight alteration ...