TAM's future revenue growth looks promising given TAM’s market share of both domestic and international air traffic in Brazil. According to the company, it holds an approximate 49% domestic market share and approximately 79% international market share. Furthermore, the company expects domestic market demand to grow at 8% to 12% in terms of Revenue Passenger Kilometers (RPKs) in FY 2008. TAM’s international revenues would benefit from the addition of new international destinations such as Caracas, Montevideo, Frankfurt and Madrid. This is supported by TAM’s code sharing agreements with Air Canada and Swiss International Airlines Ltd (Swiss). Furthermore, through its huge market share in Brazil, TAM is set to capitalize on GOL’s decision to scale back its subsidiary Varig’s routes to Europe and North America. This will add to TAM’s already strong international operations.