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Name | Symbol | Market | Type |
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Gol Linhas Aereas Inteligentes SA | NYSE:GOL | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
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0.00 | 0.00% | 2.715 | 0 | 01:00:00 |
SÃO PAULO, April 28, 2022 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. ("GOL" or "Company") (NYSE: GOL and B3: GOLL4), Brazil's largest domestic airline, has provided its consolidated results for the first quarter of 2022 (1Q22). In the first quarter, the Company continued its focus on structural cost cutting initiatives by accelerating its fleet transformation, renegotiating with suppliers, diluting fixed costs and other initiatives.
All information in this press release is presented in Brazilian Reais (R$), as per the international accounting standards (IFRS) and with adjusted metrics, made available to enable the comparison of this quarter with the same year-ago quarter (1Q21). Adjusted (recurring) indicators exclude non-recurring expenses linked to the quarter's results and are detailed in their respective tables.
Paulo Kakinoff, CEO of GOL, said: "Our ability to emerge from one of the worst crises in the history of the airline industry as a more competitive company with strong results is a testament to our flexible business model, which allows us to quickly adapt to current market dynamics. When paired with the execution of our experienced Team of Eagles, these competitive advantages will continue to drive our sustainable sales growth over the long- term."
Access the earnings release, management videos, presentation and full financial statements at: www.voegol.com.br/ri
1Q22 Conference Call: April 28, 2022, 09:00 a.m. (New York time; US EDT), Phone: +1 (412) 317-6382, Code: GOL, broadcast via webcast (https://webcastlite.mziq.com/cover.html?webcastId=19f33d98-973a-430d-87e5- 193ff9bf1639).
Investor Relations: ri@voegol.com.br, +55(11) 2128-4700
About GOL Linhas Aéreas Inteligentes S.A. (www.voegol.com.br): The largest airline in Brazil, leader in the corporate and leisure segments. Since founded in 2001, the Company has the lowest unit cost in Latin America, thus democratizing air transportation.
View original content:https://www.prnewswire.com/news-releases/gol-announces-first-quarter-2022-results-301535179.html
SOURCE GOL Linhas Aéreas Inteligentes S.A.
Copyright 2022 PR Newswire
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