TAM and Swiss Sign Memorandum of Understanding

SAO PAULO, Brazil, June 16 /PRNewswire-FirstCall/ -- TAM (Bovespa: TAMM4 and NYSE: TAM) and Swiss International Air Lines, a member of the Star Alliance, signed a Memorandum of Understanding aiming to establish arrangements for cooperation to expand benefits offered to their passengers. The partnership involves the implementation of a codeshare agreement and the development of strategies for greater integration of TAM's Programa Fidelidade for frequent flyers with Miles & More.

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"This partnership will expand opportunities for synergy between the TAM and Swiss air networks, offering greater benefits to our customers through the provision of better services. In doing this, we hope to stimulate an increase in passenger traffic for both airlines," said Paulo Castello Branco, TAM's Vice President for Planning and Alliances.

"Swiss is proud to start very soon a new cooperation with TAM Airlines," said Harry Hohmeister, Chief Network and Distribution Officer of Swiss International Air Lines. The agreement between the two companies should be implemented over the course of the second half of this year.

    Investor Relations:
    Phone: (55) (11) 5582-9715
    Fax: (55) (11) 5582-8149
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    Press Agency:
    Phone: (55) (11) 5582-8167
    Fax: (55) (11) 5582-8155
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About TAM:

TAM ( http://www.tam.com.br ) has been the domestic market leader since July of 2003, and closed May 2008 with a 49.3% market share. The company flies to 42 destinations in Brazil. With business agreements signed with regional companies, it reaches 79 different destinations in the country. TAM's market share among Brazilian companies that operate international flights stood at 74.3% in May. Operations abroad include TAM flights to 16 destinations in the United States, Europe and South America: New York and Miami (USA), Paris (France), London (England), Milan (Italy), Frankfurt (Germany), Madrid (Spain), Buenos Aires and Cordoba (Argentina), Santa Cruz de la Sierra (Bolivia), Santiago (Chile), Asuncion and Ciudad del Este (Paraguay), Montevideo and Punta del Este (Uruguay), and Caracas (Venezuela). It has code- share agreements that make possible the sharing of seats on flights with international airlines, enabling passengers to travel to 64 other destinations in the U.S., Europe and South America.