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GOL announces Investor Update
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SÃO PAULO, April 29, 2021 /PRNewswire/
GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), ( GOL or Company ), Brazil s largest domestic airline, provides an
Investor Update. All information is presented in Brazilian Reais (R$). The information below is
preliminary and
unaudited.
Historically, the 2nd quarter of the year is a transition period to low season demand and due to the worsening of the pandemic and the increase in restrictions of circulation imposed by states, GOL s current capacity planning scenario assumes a 40% reduction in 2Q21 compared to 1Q21. To adapt operating costs to current levels of sales and demand, GOL will operate 63 aircraft in its network, which will represent 70% of the average fleet operated at the end of 4Q20 and 377% or 3.8x higher compared to the same quarter of 2020. Revenue for the quarter ended June 2021 is expected to decrease approximately 35% compared to the quarter end
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SÃO PAULO, April 13, 2021 /PRNewswire/
GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), ( GOL or Company ), Brazil s largest airline, today provides its
Investor Update for March/21. All information is presented in Brazilian Reais (R$). The information below is
preliminary and
unaudited.
In this period, GOL adjusted its capacity to an average of 245 flights per day, a 31% decrease from an average of 355 flights in February/21. The Company operated approximately 381 daily flights on peak days. GOL s consolidated gross revenues for the month were R$300 million and the average load factor was 71.8%, highlighting Management s on-going focus on maintaining sustainable operations through the continuous matching of seat supply to the level of traveler demand.
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