TAM MRO Renews Certificate From the Bermudas' Aeronautical Authority

São Paulo, November 23rd, 2011 - TAM MRO, TAM's maintenance unit located close to São Paulo, has renewed its certificate to provide services to airplane components and on aircraft registered on the Bermudas, a British overseas territory in the North Atlantic. The new authorization from the BDCA (Bermuda Department of Civil Aviation), the country's aviation authority, is valid until March 2013.

The certification authorizes TAM MRO to provide maintenance services to more than 700 airplane components and to Boeing B767, Airbus A318, A319, A320, A321 and A330 aircraft registered on the Bermudas. TAM's maintenance unit first received the authorization from the island's aviation authority in March 2011.

Since January 2007, TAM MRO has been certified by IOSA (IATA Operational Safety Audit), the most thorough and accepted international certification in operational safety. It is currently also certified by the world's major aviation authorities to provide heavy maintenance services to Airbus A318, A319, A320, A321 and A330; Boeing 767; Fokker 100 and ATR 42 aircraft.

Through 2016, TAM MRO intends to grow its business by an average of 20% a year, as an independent business unit within TAM. To achieve this, it is expanding its structure and operational capacity to strengthen the service provided and offered to third parties. In five years, the unit expects to increase from 15% to 40% the share of total revenue related to aircraft maintenance services provided to other companies.

The first step in this direction was the appointment last August of  Luiz Gustavo Silva as executive director of TAM MRO, reporting directly to the head of the TAM S/A holding, Marco Antonio Bologna.