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GOL Announces Traffic Statistics for March 2007
São Paulo, April 3, 2007 - GOL Linhas Aéreas Inteligentes (NYSE: GOL and Bovespa: GOLL4), Brazils low fare, low cost airline, today released preliminary passenger statistics for the month of March 2007. System-wide passenger traffic (RPK) increased 43% and capacity (ASK) increased 59% year-over-year. GOLs system load factor for the month of March 2007 was 62%.
Domestic passenger traffic (RPK) for March increased 33% and capacity (ASK) increased 47%. GOLs domestic load factor for the month of March 2007 was 62%. International passenger traffic (RPK) for March increased 133% and capacity (ASK) increased 175%. International load factor for the month of March 2007 was 59%. Average fares were reduced approximately 24% versus March 2006.
Operating Data | March | March | Change | |||
2007 * | 2006 * | (%) | ||||
Total System | ||||||
ASK (mm) (1) | 2,401.2 | 1,508.6 | 59.2% | |||
RPK (mm) (2) | 1,483.8 | 1,038.1 | 42.9% | |||
Load Factor (3) | 61.8% | 68.8% | -7.0 p.p. | |||
Domestic Market | ||||||
ASK (mm) (1) | 2,001.1 | 1,363.2 | 46.8% | |||
RPK (mm) (2) | 1,248.7 | 937.1 | 33.3% | |||
Load Factor (3) | 62.4% | 68.7% | -6.3 p.p. | |||
International Market | ||||||
ASK (mm) (1) | 400.1 | 145.4 | 175.2% | |||
RPK (mm) (2) | 235.1 | 101.0 | 132.8% | |||
Load Factor (3) | 58.8% | 69.5% | -10.7 p.p. | |||
( * ) March 2007 - preliminary data; final data for March 2006. |
(1) Available seat kilometers represents the aircraft seating capacity multiplied by the number of kilometers the seats are flown.
(2) Revenue passenger kilometers represents the numbers of kilometers flown by revenue passengers.
(3) Load factor represents the percentage of aircraft seating capacity that is actually utilized (calculated by dividing revenue passenger kilometers by available seat kilometers).
During 1Q07, GOL launched 12 new domestic flights and 10 new international flights. During 1Q07, planned capacity additions facilitated an increase in ASKs of approximately 61% versus 1Q06. During the quarter, GOL incorporated into its fleet two Boeing 737 aircraft. RPKs in 1Q07 increased approximately 60% versus 1Q06. Preliminary figures for the first quarter show that GOL achieved a load factor of approximately 70%, a passenger yield of approximately R$20 cents, and net operating revenues per ASK (RASK) of approximately R$15 cents. Operating expenses per ASK decreased approximately 9% in the quarter and, for 1Q07, the Company estimates an operating cost per ASK (CASK) of approximately R$13.4 cents.
About GOL Linhas Aéreas Inteligentes
GOL Linhas Aéreas Inteligentes is one of the most profitable and fastest growing low-cost, low-fare airlines in the industry worldwide. GOL provides frequent service on routes connecting all of Brazils major cities as well as primary destinations in Argentina, Bolivia, Chile, Paraguay, Uruguay and Peru through its 630 daily flights to 57 major airports. GOL offers daily flights to more destinations in Brazil than any other domestic airline while providing customers with the most convenient flight schedules in the country. GOL operates a young, modern fleet of Boeing 737s, the safest and most comfortable aircraft of its class, with low maintenance, fuel and training costs, and high aircraft utilization and efficiency ratios. In addition to safe and reliable service, which stimulates GOLs brand recognition and customer satisfaction, the Companys single class of service is recognized as the best value proposition in the market. GOLs growth plans include increasing frequencies in existing markets and adding service to additional markets in both Brazil and other high-traffic South American travel destinations. GOL shares are listed on the NYSE and the Bovespa. GOL: here everyone can fly!
For more information, flight times and fares, please access our site at www.voegol.com.br or call: 0300-789-2121 in Brazil, 0810-266-3131 in Argentina, 800-1001-21 in Bolivia, 0004 055 127 in Uruguay, 009 800 55 1 0007 in Paraguay, 1 888 0042 0090 or 1230 020 9104 in Chile, 0800 52 900 in Peru and 55 11 2125-3200 in other countries.
CONTACT: GOL Linhas Aéreas Inteligentes S.A.
Investor Relations | Corporate Communications | |
Ph: (5511) 3169 6800 | Ph: (5511) 3169 6449 | |
E-mail: ri@golnaweb.com.br | E-mail: rcorbioli@golnaweb.com.br | |
Site: www.voegol.com.br/ir | ||
Media Brazil & Latin America | Media U.S. & Europe | |
MVL Comunicação; D. Nakayama | Edelman; G. Juncadella and M. Smith | |
Ph: (5511) 3049-0333 | Ph: +1 (212) 704-4448 / 704-8196 | |
E-mail: daniela.barbara@mvl.com.br; | E-mail:gabriela.juncadella@edelman.com | |
meaghan.smith@edelman.com | ||
This release contains forward-looking statements relating to the prospects of the business, estimates for operating and financial results, and those related to growth prospects of GOL. These are merely projections and, as such, are based exclusively on the expectations of GOLs management concerning the future of the business and its continued access to capital to fund the Companys business plan. Such forward-looking statements depend, substantially, on changes in market conditions, government regulations, competitive pressures, the performance of the Brazilian economy and the industry, among other factors and risks disclosed in GOLs filed disclosure documents and are, therefore, subject to change without prior notice.
GOL LINHAS AÉREAS INTELIGENTES S.A. |
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By: |
/S/ Richard F. Lark, Jr.
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Name: Richard F. Lark, Jr.
Title: Executive Vice President Finance, Chief Financial Officer |
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will a ctually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.