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View Full Version : Tam Has Second Straight Loss on Fuel Costs, Currency Decline - Bloomberg



NewsWhore
03-31-2009, 08:50 AM
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Tam Has Second Straight Loss on Fuel Costs, Currency Decline (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaxxYm65HUUjY%26refer%3Dlatin_america&cid=1323572112&ei=0BLSSdrrHqicgAPsleDeCA&usg=AFQjCNHlV4l4yx69C6i0oPCznuDbDwm_JQ)
Bloomberg
By Heloiza Canassa March 31 (Bloomberg) -- Tam SA, Brazil’s biggest airline, posted a second straight quarterly loss because fuel-hedging expenses rose and a currency drop boosted dollar-denominated costs. The fourth-quarter net loss of 1.12 billion ...


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