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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 |
SAO PAULO, April 9, 2019 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), Brazil's premier domestic airline, provides its Investor Update. The information below for the quarter ended in March 2019 is preliminary and unaudited. For comparison purposes, the results for the first quarter 2018 results were adjusted in accordance with IFRS 16.
Overall Commentary¹ | |
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Preliminary and Unaudited Projection | |
March Quarter 2019 | |
EBITDA Margin² | 29% - 30% |
EBIT Margin² | 16% - 17% |
Ancillary Revenue (cargo and other) | 6% of total net revenues |
Average fuel price per liter | R$2.70 - R$2.78 |
Average exchange rate | R$3.77 |
March Quarter 2019 | |
vs. March Quarter 2018 | |
Passenger unit revenue (PRASK) | Up ~3.0% |
CASK Ex-fuel² | Up ~3.0% |
Total Capacity – ASK | Up ~5.0% |
Total Capacity – Seats | Up ~3.0% |
1. For comparison purposes, 1Q18 results adjusted in accordance with IFRS 16, unaudited.
2. Excluding non-recurring expenses of approximately R$40 million.
3. Excluding perpetual notes.
Investor Relations
ri@voegol.com.br
www.voegol.com.br/ir
+55(11) 2128-4700
About GOL Linhas Aéreas Inteligentes S.A. (www.voegol.com.br): Brazil's largest airline group with three main businesses: passenger transportation, cargo transportation and coalition loyalty program.
View original content:http://www.prnewswire.com/news-releases/gol---investor-update-300827971.html
SOURCE GOL Linhas Aéreas Inteligentes S.A.
Copyright 2019 PR Newswire
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