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GOL Gol Linhas Aereas Inteligentes SA

2.715
0.00 (0.00%)
After Hours
Last Updated: 01:00:00
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Name Symbol Market Type
Gol Linhas Aereas Inteligentes SA NYSE:GOL NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 2.715 0 01:00:00

GOL: 3Q14 Domestic Load Factor Reached 78.3% and PRASK Grew 9.1% Year-over-year

23/10/2014 12:18pm

PR Newswire (US)


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SAO PAULO, Oct. 23, 2014 /PRNewswire/ -- GOL Linhas Aereas Inteligentes S.A. (BM&FBOVESPA: GOLL4 and NYSE: GOL), (S&P: B, Fitch: B-, Moody's: B3), the largest low-cost and best-fare airline in Latin America announces its preliminary air traffic figures for September 2014. Comparisons refer to September 2013, 3Q13 and 9M13.

  • The 3Q14 and 9M14 domestic load factor totaled 78.3% and 77.0%, respectively.
  • The load factor growth, more than offset the slight reduction in yield over 3Q13, led to year-over-year PRASK growth of 9.1% in the quarter. Fares in the quarter accompanied Brazil's challenging economic activity scenario.
  • Domestic supply had 4.2% cut in 3Q14 and 2.9% 9M14, in line with the Company's 2014 guidance of an annual reduction between -3% and -1%.
  • Domestic demand increased by 6.8% in the quarter and 8.3% in 9M14. GOL captured¹ 55% of the industry's demand growth in 2014.
  • The number of passengers on board reached 29 million in 9M14, 10.4% up on the same period in 2013. In September, GOL transported 3.2 million passengers, a 5.8% year-over-year increase.
  • International market demand climbed by 30.3% in 3Q14, fueled by the 8.3 p.p. growth in the load factor. GOL maintained its focus on gradually increasing its presence in other countries to achieve a higher revenue level in foreign currencies.

¹ Source: ABEAR

Conference Calls

Portuguese

English

October, 23, 2014

October, 23, 2014

11:00 a.m. (Brasilia Time)

11:30 a.m. (Brasilia Time)

9:00 a.m. (US ET)

9:30 a.m. (US ET)

Phone.: +55 (11) 2188-0155

Phone.: +1 (412) 317-6776

Code: GOL

Code: GOL

For further information visit www.voegol.com.br/ir

CONTACTS
INVESTOR RELATIONS
Phone: +55 (11) 2128-4700
E-mail: ri@golnaweb.com.br

CORPORATE COMMUNICATIONS
Phone: +55 (11) 2128-4183
E-mail: comcorp@golnaweb.com.br

ABOUT GOL LINHAS AEREAS INTELIGENTES S.A.

GOL Linhas Aereas Inteligentes S.A. (BM&FBOVESPA: GOLL4 and NYSE: GOL), the largest low-cost and best-fare airline in Latin America.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/gol-3q14-domestic-load-factor-reached-783-and-prask-grew-91-year-over-year-690624665.html

SOURCE GOL Linhas Aereas Inteligentes S.A.

Copyright 2014 PR Newswire

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