GOL discloses preliminary traffic figures for August 2020

Rhea-AI Summary

On September 7, 2020, GOL Linhas Aéreas reported its preliminary air traffic figures for August, highlighting a 19.8% rise in demand (RPK) from July 2020 and a 17.8% increase in supply (ASK). The domestic load factor stood at 79.4%. GOL operated approximately 190 flights daily and reopened four bases while adding 51 daily frequencies. However, total departures decreased by 73.8% year-over-year, and the airline did not operate regular international flights during August. Cargo tonnage also declined significantly by 76.7% compared to the same period last year.

Positive

• 19.8% increase in demand (RPK) compared to July 2020.
• 17.8% rise in supply (ASK) from July 2020.
• Operated approximately 190 flights per day.
• Reopened four bases and added 51 daily frequencies.

Negative

• Total departures down 73.8% year-over-year.
• Cargo tonnage decreased by 76.7% compared to August 2019.
• Did not operate regular international flights.

SÃO PAULO, Sept. 7, 2020 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), Brazil's largest domestic airline, announces today preliminary air traffic figures for the month of August 2020, compared to the same period in 2019.

During August, GOL operated approximately 190 flights per day, reopened four bases (Campina Grande, Caxias do Sul, Marabá and Montes Claros) and added 51 daily frequencies in its main hubs at the Guarulhos, (São Paulo) and Galeão (Rio de Janeiro) airports. GOL remains disciplined in its leadership of the equilibrium between supply and demand.

August/20 x July/20 Highlights:  

• In the domestic market in August 2020, demand (RPK) for GOL's flights was up by 19.8% over July 2020 and supply (ASK) increased by 17.8% over July 2020. GOL's domestic load factor was 79.4% in August.
• GOL did not operate regular international flights during the month.

August/20 Preliminary Traffic Figures:

	Monthly Traffic Figures (¹)			Accumulated Traffic Figures(¹)			LTM Traffic Figures (¹)
Operating data *	Aug/20	Aug/19	% Var.	8M20	8M19	% Var.	Aug/20 LTM	Aug/19 LTM	% Var.
Total GOL
Departures	5,800	22,168	-73.8%	79,322	169,358	-53.2%	169,341	252,527	-32.9%
Seats (thousand)	1,020	3,881	-73.7%	13,592	29,596	-54.1%	29,569	44,127	-33.0%
ASK (million)	1,247	4,263	-70.7%	15,758	33,598	-53.1%	33,227	49,900	-33.4%
RPK (million)	990	3,515	-71.8%	12,537	27,634	-54.6%	26,766	40,841	-34.5%
Load factor	79.4%	82.4%	-3.0 p.p	79.6%	82.2%	-2.6 p.p	80.6%	81.8%	-1.2 p.p
Pax on board (thousand)	792	3,119	-74.6%	10,458	23,779	-56.0%	23,114	35,339	-34.6%
Domestic GOL
Departures	5,800	20,626	-71.9%	74,930	157,820	-52.5%	159,470	236,226	-32.5%
Seats (thousand)	1,020	3,614	-71.8%	12,841	27,596	-53.5%	27,875	41,294	-32.5%
ASK (million)	1,247	3,630	-65.6%	13,973	28,651	-51.2%	29,262	42,920	-31.8%
RPK (million)	990	3,025	-67.3%	11,248	23,823	-52.8%	23,846	35,510	-32.8%
Load factor	79.4%	83.3%	-3.9 p.p	80.5%	83.1%	-2.6 p.p	81.5%	82.7%	-1.2 p.p
Pax on board (thousand)	792	2,933	-73.0%	9,964	22,325	-55.4%	21,963	33,263	-34.0%
International GOL
Departures	0	1,542	N.A.	4,392	11,538	-61.9%	9,871	16,301	-39.4%
Seats (thousand)	0	267	N.A.	751	2,000	-62.4%	1,695	2,833	-40.2%
ASK (million)	0	633	N.A.	1,784	4,948	-63.9%	3,965	6,980	-43.2%
RPK (million)	0	490	N.A.	1,290	3,812	-66.2%	2,920	5,331	-45.2%
Load factor	0	77.4%	N.A.	72.3%	77.0%	-4.7 p.p	73.7%	76.4%	-2.7 p.p
Pax on board (thousand)	0	186	N.A.	494	1,454	-66.0%	1,151	2,076	-44.6%
On-time Departures	96.2%	92.0%	4.2 p.p	95.1%	90.5%	4.6 p.p	92.5%	90.2%	2.3 p.p
Flight Completion	98.4%	98.9%	-0.5 p.p	96.4%	97.5%	-1.1 p.p	97.3%	97.9%	-0.6 p.p
Cargo Ton	2.0	8.5	-76.7%	27.4	64.9	-57.8%	62.4	102.6	-39.2%
* Source: Agência Nacional de Aviação Civil (ANAC) and the Company for the current month. (1) Preliminary Figures

 

GOL Investor Relations
ri@voegol.com.br  
www.voegol.com.br/ir  
+55 (11) 2128-4700

About GOL Linhas Aéreas Inteligentes S.A. ("GOL")

GOL serves more than 36 million passengers annually. With Brazil's largest network, GOL offers customers more than 750 daily flights to over 100 destinations in Brazil and in South America, the Caribbean and the United States. GOLLOG's cargo transportation and logistics business serves more than 3,400 Brazilian municipalities and more than 200 international destinations in 95 countries. SMILES allows over 16 million registered clients to accumulate miles and redeem tickets to more than 700 destinations worldwide on the GOL partner network. Headquartered in São Paulo, GOL has a team of approximately 16,000 highly skilled aviation professionals and operates a fleet of 130 Boeing 737 aircraft, delivering Brazil's top on-time performance and an industry leading 19-year safety record. GOL has invested billions of Reais in facilities, products and services and technology to enhance the customer experience in the air and on the ground. GOL's shares are traded on the NYSE (GOL) and the B3 (GOLL4). For further information, visit www.voegol.com.br/ir.

View original content:http://www.prnewswire.com/news-releases/gol-discloses-preliminary-traffic-figures-for-august-2020-301125087.html

SOURCE GOL Linhas Aéreas Inteligentes S.A.

FAQ

What were GOL's preliminary air traffic figures for August 2020?

GOL reported a 19.8% increase in demand (RPK) and a 17.8% increase in supply (ASK) compared to July 2020.

How did GOL's domestic load factor perform in August 2020?

The domestic load factor for GOL was 79.4% in August 2020.

What percentage decrease did GOL experience in total departures year-over-year?

GOL's total departures decreased by 73.8% compared to August 2019.

Did GOL operate any international flights in August 2020?

No, GOL did not operate regular international flights during August 2020.

What was the change in cargo tonnage for GOL in August 2020?

Cargo tonnage for GOL decreased by 76.7% compared to August 2019.