TAAM
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Founded | 1 November 1936 | ||||||
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Hubs | Cyriacus the Great Airport, Arciluco | ||||||
Focus cities | Arciluco, Verlois | ||||||
Frequent-flyer program | Red Skies | ||||||
Fleet size | 30 | ||||||
Destinations | 62 | ||||||
Headquarters | Arciluco, Amathia | ||||||
Key people | Armand Derean (Director) | ||||||
Revenue | 506 million € (2021) | ||||||
Operating income | 40 million € (2021) | ||||||
Website | www.taam.am |
TAAM, legally the Central Company of Amathian Air Transports "TAAM" (Amathian: Ⰽⱁⰿⱂⰰⱀⰹⰰ Ⰽⰵⱀⱅⱃⰰⰾⱐ ⰴⰵ Ⱅⱃⰰⱀⱄⱂⱁⱃⱅⱆⱃⰹ Ⰰⰵⱃⰹⰵⱀⰵ Ⰰⰿⰰⱚⰹⰵⱀⰵ "ⰕⰀⰀⰏ" , tr. Compania Centrală de Transporturi Aeriene Amathiene "TAAM") is the state owned flag carrier of Amathia, as well as the largest airline in the country. The headquarters and main hub of TAAM are in the "Cyriacus the Great" Airport of the Amathian capital of Arciluco.
TAAM is an acronym for the Amathian Transporturi Aeriene Amathiene, Amathian Air Transports. It was initially used strictly as the airline's callsign, but it was chosen as a brand name and later as its official name in 1985, during a massive reorganization program, delegating the unwieldy original name to legal situations. Despite plans of a more coherent privatization, TAAM continues to operate as a state-owned enterprise, with over 80% of its shares being owned by the Amathian state, through the Ministry of Transport, Infrastructure, and Communications.
History
The beginnings
After the Great War
As part of Amathia-Champania
Attempted privatisation
The present
Ownership and subsidiaries
TAAM is a state owned company, with 81% of its shares being held by the Government of Amathia through the Ministry of Transport. A further 5% is held by the state through the Arciluco Airport State Company, while the rest of the shares are held by various private investors.