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GOL Gol Linhas Aereas Inteligentes SA

2.715
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
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 decreased domestic supply by 2.7% in September 2015

27/10/2015 11:54am

PR Newswire (US)


Gol Linhas Aereas Inteli... (NYSE:GOL)
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SAO PAULO, Oct. 27, 2015 /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, hereby announces its preliminary air traffic figures for September, third quarter (3Q15) and year to date (9M15). Comparisons refer to the same period in 2014.

GOL Highlights

  • Domestic supply recorded a decline of 2.7% in September and increases of 0.6% in 3Q15 and 1.6% in 9M15. The increase in 3Q15 over 3Q14 reflects the adjustment made by the Company in 3Q14, when reduced its capacity during the FIFA World Cup held in Brazil.
  • Domestic demand fell by 3.3% in September, leading to a load factor of 76.6%. In the quarter, demand moved up by 1.8%, with a load factor of 79.3%, recording an increase of 1.0 p.p.
  • In the month, the international market capacity declined by 0.2% over 2014, and demand showed an improvement of 2.8%, registering a load factor of 73.4%. The Company is adjusting its international network by changing frequency and rerouting flights to new destinations in order to capture market opportunities and adapt to the current economic scenario in Brazil.
  • In 3Q15, net PRASK fell by 1.6% and yield dropped by 3.0% in relation to 3Q14, reflecting the economic slowdown.
  • Jet fuel was between R$2.11 and R$2.16 per liter in 3Q15, a decline of approximately 14% in relation to 2014. The per-liter fuel price in Reais in the quarter was partially benefited from the fall in international prices of 48.5%, however it was adversely impacted by the average depreciation of 55.5% of the Real against the Dollar in the period, besides the 45-day delay in jet fuel price formation due to the criterion of fuel pricing in Brazil.

The Company will host a conference call regarding its traffic result as follow:

Conference Calls

English                                                          Portuguese
September 27, 2015                                      September  27, 2015
08:00 a.m. (US EDT)                                       08:30 a.m. (US EDT)
11:00 a.m. (Brasilia Time)                                11:30 a.m. (Brasilia Time)
Phone: +1 (412) 317 6776                                Phone: +55 (11) 2188 0155     
Code: GOL                                                     Code: GOL
Webcast: click here                                        Webcast: click here 

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

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/gol-decreased-domestic-supply-by-27-in-september-2015-300166810.html

SOURCE GOL Linhas Aereas Inteligentes S.A.

Copyright 2015 PR Newswire

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