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GOL Announces Monthly Investor Update: Capacity, Cash Consumption and Liquidity

Share this article 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.

GOL Announces Monthly Investor Update: Capacity, Cash Consumption and Liquidity

GOL Announces Monthly Investor Update: Capacity, Cash Consumption and Liquidity
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

GOL announces Monthly Investor Update: Capacity, Cash Consumption and Liquidity

GOL announces Monthly Investor Update: Capacity, Cash Consumption and Liquidity
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

GOL announces Monthly Investor Update: Capacity, Cash Consumption and Liquidity

%;  GOL s net cash burn totaled R$1 million a day in January as travel demand cooled and the low season begins. SÃO PAULO, Feb. 11, 2021 /PRNewswire/ GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), ( GOL or Company ), Brazil s largest airline, today provides its Investor Update for the month of January of 2021. All information is presented in Brazilian Reais (R$). The information below is preliminary and unaudited. In this period, GOL increased its capacity to an average of 489 flights per day, a 3% increase from an average of 476 flights in December/20. The Company operated approximately 628 daily flights on peak days, serving Customers who flew during the summer vacation. GOL also reached a new record of passengers transported since the beginning of the pandemic with more than 93,000 Customers served in a single day. The Company s consolidated gross revenues for the month were R$810 million and the average load factor was 83.2%, a level consistent

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