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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 |
SÃO PAULO, Oct. 27, 2022 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. ("GOL" or "Company") (NYSE: GOL and B3: GOLL4), Brazil's largest domestic airline, today announced its consolidated results for the third quarter of 2022 (3Q22). During this period, through its Executive Team acting assertively in managing capacity and increasing productivity, the Company recorded the highest yield in its history, the highest net operating revenue in a quarter and returned its ex-fuel unit costs to pre-pandemic levels.
All information in this release is presented in Reais (R$), in accordance with international accounting standards (IFRS) and with adjusted metrics, made available to enable comparability of this quarter with the same period of the previous year (3Q21). Adjusted indicators (recurring) exclude non-recurring expenses related to the quarter's result and are detailed in the respective tables.
Highlights
Comment from the CEO
Celso Ferrer, CEO, said: "My primary focus is to provide value to our Customers in the current economic climate. I believe we can achieve that by further harnessing GOL's inherent strengths in its flexible and cost-efficient business model. As such, in the last three months, we have strengthened initiatives to increase productivity, consistency in our operations and service to our Customers. I thank our Team of Eagles, our Customers, Suppliers and Partners for their support in achieving this goal."
SUMMARY OF the Third Quarter 2022 Results
FULL EARNINGS RELEASE & PRESENTATION
Access the earnings release, presentation and full financial statements at: www.voegol.com.br/ir
3Q22 Conference Call: October 27, 2022, 10h00 (New York time; US EDT), Phone: +1 (412) 317-6382, Code: GOL, broadcast via webcast (http://webcastlite.mziq.com/cover.html?webcastId=dc99b98a-4fe2-4743-b186-4c2906292cce).
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 it was founded in 2001, the Company has the lowest unit cost in Latin America, thus democratizing air transportation of passengers.
View original content:https://www.prnewswire.com/news-releases/gol-consolidates-recovery-in-3q22-with-ebitda-margin-of-17-3-and-record-net-revenue-and-yield-301661180.html
SOURCE GOL Linhas Aéreas Inteligentes S.A.
Copyright 2022 PR Newswire
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