Shares in the company were traded on the São Paulo Exchange (BM&F Bovespa) and New York Stock Exchange as "TAM".
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TAM went on to purchase three used Fokker F27 turboprops, which were subsequently refurbished by Fokker in the Netherlands.
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28 June 1984: a TAM Airlines Embraer EMB 110C Bandeirante registration PP-SBC operating a chartered flight by Petrobras from Rio de Janeiro-Galeão to Macaé flew into São João Hill while descending through rain and clouds over the Municipality of São Pedro da Aldeia.
9 July 1997: a TAM Airlines Fokker 100 registration PT-WHK operating flight 283 en route from São José dos Campos to São Paulo-Congonhas was climbing after take-off from São José dos Campos when a bomb exploded in the rear part of the passenger cabin.