GOL discloses preliminary traffic figures for December 2020

Rhea-AI Summary

GOL Linhas Aéreas reported December 2020 preliminary traffic figures, indicating a 33% increase in domestic demand (RPK) compared to November 2020, with a domestic load factor of 81.0%. However, overall flights decreased by 40.3% year-over-year. The airline increased operations with the reopening of three bases and added 2,052 frequencies at major airports. Despite the growth from November, total flights and passenger figures remain significantly lower than pre-pandemic levels, with a 52% decline in annual performance.

Positive

• 33% increase in domestic demand (RPK) from November 2020.
• Reopened three bases to enhance operational capacity.
• Added 2,052 flight frequencies at key airports.

Negative

• 40.3% decrease in total departures compared to December 2019.
• 52% decline in passenger numbers year-over-year.

SÃO PAULO, Jan. 6, 2021 /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 December 2020, compared to the same period in 2019.

During December, GOL operated an average of 476 flights per day, reopened three bases (Jericoacoara, Caldas Novas and Cabo Frio) and added 2,052 frequencies at the Guarulhos and Congonhas (São Paulo), Santos Dumont and Galeão (Rio de Janeiro), Brasília (Distrito Federal), Fortaleza (Ceará) and Salvador (Bahia) airports. GOL remains disciplined in its leadership of the market.

December/20 x November/20 Highlights:  

• In the domestic market in December 2020, demand (RPK) for GOL's flights was up by 33% over November 2020 and supply (ASK) increased by 38% over November 2020. GOL's domestic load factor was 81.0% in December.
• GOL did not operate regular international flights during the month.

December/20 Preliminary Traffic Figures:

	Monthly Traffic Figures (¹)			Quarterly Traffic Figures(¹)			Accumulated Traffic Figures (¹)
Operating data *	Dec/20	Dec/19	% Var.	4Q20	4Q19	% Var.	12M20	12M19	% Var.
Total GOL
Departures	14,754	24,721	-40.3%	37,087	68,228	-45.6%	124,527	259,377	-52.0%
Seats (thousand)	2,591	4,361	-40.6%	6,524	12,142	-46.3%	21,539	45,574	-52.7%
ASK (million)	3,123	4,847	-35.6%	7,696	13,257	-41.9%	25,140	51,067	-50.8%
RPK (million)	2,530	3,975	-36.4%	6,240	10,807	-42.3%	20,124	41,863	-51.9%
Load factor	81.0%	82.0%	-1.0 p.p	81.1%	81.5%	-0.4 p.p	80.0%	82.0%	-1.9 p.p
Pax on board (thousand)	2,074	3,520	-41.1%	5,198	9,660	-46.2%	16,775	36,435	-54.0%
Domestic GOL
Departures	14,754	23,233	-36.5%	37,087	64,227	-42.3%	120,135	242,360	-50.4%
Seats (thousand)	2,591	4,108	-36.9%	6,524	11,454	-43.0%	20,788	42,630	-51.2%
ASK (million)	3,123	4,259	-26.7%	7,696	11,677	-34.1%	23,355	43,939	-46.8%
RPK (million)	2,530	3,536	-28.5%	6,240	9,638	-35.3%	18,834	36,421	-48.3%
Load factor	81.0%	83.0%	-2.0 p.p	81.1%	82.5%	-1.5 p.p	80.6%	82.9%	-2.2 p.p
Pax on board (thousand)	2,074	3,330	-37.7%	5,198	9,178	-43.4%	16,281	34,325	-52.6%
International GOL
Departures	0	1,488	N.A.	0	4,001	N.A.	4,392	17,017	-74.2%
Seats (thousand)	0	253	N.A.	0	688	N.A.	751	2,944	-74.5%
ASK (million)	0	588	N.A.	0	1,580	N.A.	1,784	7,128	-75.0%
RPK (million)	0	439	N.A.	0	1,169	N.A.	1,290	5,442	-76.3%
Load factor	0	74.7%	N.A.	0	74.0%	N.A.	72.3%	76.3%	-4.1 p.p
Pax on board (thousand)	0	190	N.A.	0	482	N.A.	494	2,111	-76.6%
On-time Departures	88.3%	81.3%	7.0 p.p	92.5%	86.2%	6.3 p.p	93.2%	89.4%	3.8 p.p
Flight Completion	99.5%	99.4%	0.2 p.p	99.2%	99.2%	0.0 p.p	97.9%	98.0%	-0.1 p.p
Cargo Ton	4.4	9.4	-53.6%	11.1	26.9	-58.6%	41.0	99.8	-58.9%

 * 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 15,000 highly skilled aviation professionals and operates a fleet of 127 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.

 

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SOURCE GOL Linhas Aéreas Inteligentes S.A.

FAQ

What were GOL's December 2020 domestic flight figures?

GOL operated 14,754 departures in December 2020, marking a 40.3% decrease compared to December 2019.

How did GOL's load factor perform in December 2020?

GOL's domestic load factor was 81.0% in December 2020, down from 82.0% in December 2019.

What is the year-over-year change in GOL's passenger numbers?

GOL experienced a 54.0% decline in total passengers year-over-year, with 16,775 passengers in December 2020.

What operational changes did GOL implement in December 2020?

GOL reopened three bases and added 2,052 additional flight frequencies in December 2020.

How did GOL's traffic figures compare to previous months?

In December 2020, GOL's RPK increased by 33% compared to November 2020, despite remaining lower than pre-pandemic levels.