The Company provides scheduled air transportation in both the domestic market and the international market through its operating subsidiaries TAM Linhas Aereas and TAM Mercosur.
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TAM airlines has taken a beating with the rest of the airline industry. This Brazilian play will continue to be profitable as US carriers pare down flights and increase fares. Furthermore, the Brazilian economy and stock market has been the least impacted of all the global markets over the past year. As the economy in Central and South America continues to grow, so will the stock price of TAM.