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TAM to invest $4.2 billion over the next 12 years

Written by thomas · Filed Under Commercial 

September 5, 2008

thomas

Brazil’s “model airline” has announced it will invest $4.2 billion through 2020 with 90% of the investment going to acquire new aircraft. It is forecasting 9%  to 10% annual growth during the next five years, and has a firm order for 22 A350s with options for 10 additional. It is also adding four B777s and two B767-3090s.

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