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GOL announces its air traffic results for the first quarter of 2016
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São Paulo, May 4, 2016 - GOL Linhas Aéreas Inteligentes S.A. (BM&FBOVESPA: GOLL4 and NYSE: GOL), (S&P: CCC-, Fitch: CCC e Moody’s: Caa1), the largest low-cost and best-fare airline in Latin America hereby announces preliminary air traffic figures for March 2016 and for 2016. Comparisons refer to the same period of 2015.
GOL’s highlights
| The total volume of departures in the system decreased by 16.6% and 8.2% in March and in 1Q16, respectively. The total number of seats available to the market fell by 16.5% in the month and 8.2% in the quarter.
| Domestic supply fell by 9.4% in March and 4.0% in 1Q16 compared to the same period in 2015.
| Domestic demand reduced by 11.5% in March, leading to a load factor of 72.5%. In the quarter, domestic demand fell by 5.9% with load factor of 77.3%, representing a decrease of 1.5 p.p.
| In the international market, capacity and demand decreased by 19.1% and 9.5% in the month, respectively, leading to a load factor of 77.8% - which represents an increase of 8.3 p.p. In the quarter, capacity and demand in the same market fell by 18.5% and 12.0%, respectively, registering a load factor of 78.4% - an increase of 5.8 p.p.
Investor Relations
ri@voegol.com.br
www.voegol.com.br/ir
+55(11)2128-4700
About GOL Linhas Aéreas Inteligentes S.A.
GOL Linhas Aéreas Inteligentes S.A. (BM&FBOVESPA: GOLL4 and NYSE: GOL), the largest low-cost and best-fare airline in Latin America, offers around 900 daily flights to 68 destinations, 13 international, in South America and the Caribbean, using a young, modern fleet of Boeing 737-700 and 737-800 Next Generation aircraft, the safest, most efficient and most economical of their type. The SMILES loyalty program allows members to accumulate miles and redeem tickets to more than 700 locations around the world via flights with foreign partner airlines. The Company also operates Gollog, a logistics service which retrieves and delivers cargo and packages to and from more than 3,192 cities in Brazil and more than 47 countries and 90 foreign destinations through international partnerships. With its portfolio of innovative products and services, GOL Linhas Aéreas Inteligentes offers the best cost-benefit ratio in the market.
1 |
GOL Linhas Aéreas Inteligentes S.A. |
|
GOL announces its air traffic results for the first quarter of 2016
|
Operating data* |
Mar/16 |
Mar/15 |
% Var. |
1Q16 |
1Q15 |
% Var. |
Mar/16 LTM |
Mar/15 LTM |
% Var. |
Total System |
|
|
|
||||||
Departures |
22,131 |
26,530 |
-16.6% |
74,199 |
80,814 |
-8.2% |
309,287 |
319,275 |
-3.1% |
Seats |
3,693 |
4,423 |
-16.5% |
12,370 |
13,479 |
-8.2% |
51,422 |
53,422 |
-3.7% |
ASK (mm) |
3.607 |
4,040 |
-10.7% |
12,262 |
13,033 |
-5.9% |
48,971 |
50,007 |
-2.1% |
RPK (mm) |
2,639 |
2,973 |
-11.2% |
9,497 |
10,172 |
-6.6% |
37,735 |
38,717 |
-2.5% |
Load Factor |
73.2% |
73.6% |
-0.4 p.p |
77.5% |
78.1% |
-0.6 p.p |
77,1% |
77.4% |
-0.3 p.p |
Pax on board |
2,529 |
3,101 |
-18.4% |
9,043 |
10,121 |
-10.7% |
37,790 |
40,042 |
-5.6% |
Domestic |
|
|
|
||||||
Departures |
20.908 |
25,117 |
-16.8% |
70,275 |
76,350 |
-8.0% |
292,915 |
302,015 |
-3.0% |
Seats |
3.479 |
4,174 |
-16.7% |
11,683 |
12,691 |
-7.9% |
48,562 |
50,387 |
-3.6% |
ASK (mm) |
3.178 |
3,510 |
-9.4% |
10,856 |
11,308 |
-4.0% |
42,996 |
43,606 |
-1.4% |
RPK (mm) |
2.305 |
2,604 |
-11.5% |
8,396 |
8,920 |
-5.9% |
33,377 |
34,149 |
-2.3% |
Load Factor |
72,5% |
74.2% |
-1.7 p.p |
77.3% |
78.9% |
-1.6 p.p |
77.6% |
78.3% |
-0.7 p.p |
Pax on board |
2.361 |
2,924 |
-19.3% |
8,501 |
9,542 |
-10.9% |
35,728 |
37,889 |
-5.7% |
Internacional |
|
|
|
|
|
|
|
|
|
Departures |
1,223 |
1,413 |
-13.4% |
3,924 |
4,464 |
-12.1% |
16,372 |
17,260 |
-5.1% |
Seats |
214 |
248 |
-13.7% |
687 |
787 |
-12.7% |
2,860 |
3,036 |
-5.8% |
ASK (mm) |
429 |
530 |
-19.1% |
1,406 |
1,725 |
-18.5% |
5,975 |
6,401 |
-6.7% |
RPK (mm) |
334 |
369 |
-9.5% |
1,102 |
1,252 |
-12.0% |
4,358 |
4,568 |
-4.6% |
Load Factor |
77.8% |
69.5% |
8.3 p.p |
78.4% |
72.6% |
5.8 p.p |
72.9% |
71.4% |
1.5 p.p |
Pax on board |
168 |
176 |
-4.6% |
522 |
579 |
-6.5% |
2,062 |
2,152 |
-4.2% |
*Source: National Civil Aviation Agency (ANAC) and the Company for the current month.
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GOL Linhas Aéreas Inteligentes S.A. |
GOL LINHAS AÉREAS INTELIGENTES S.A. | ||
By: |
/S/ Edmar Prado Lopes Neto | |
Name: Edmar Prado Lopes Neto
Title: Investor Relations 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.