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TAM sees domestic price increase for 2010

Thu Nov 12, 2009 8:39am EST

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SAO PAULO, Nov 12 (Reuters) - TAM (TAMM4.SA)(TAM.N), Brazil's largest airline, plans to increase domestic airfares around 10 percent at the start of next year, said acting chief executive Libano Barroso on Thursday.

Stocks  |  Brazil  |  Industrials

The company is gaining pricing power as demand for travel improves in Latin America's largest economy, Barroso told analysts on a conference call. (Reporting by Alberto Alerigi Jr. and Guillermo Parra-Bernal, editing by Gerald E. McCormick)



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