TAM Looks To Long-Haul Growth; Profits Grow As Costs Drop

Brazil's TAM is moving closer to a decision on what to do with two new Airbus A330s that will join its fleet next year as it pursues a recovery strategy that will let it compete with aggressive, low-cost carrier Gol. The airline has 49 Airbus aircraft and 16 Fokker 100s that it has used to expand...

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