GOL discloses preliminary traffic figures for February 2021

Rhea-AI Summary

GOL Linhas Aéreas announced preliminary air traffic figures for February 2021, revealing a significant decline in performance compared to February 2020. The airline operated 9,947 flights, a 53.2% drop year-on-year, with total seats down by 52.6%. Demand (RPK) decreased by 50.3% and supply (ASK) by 50.4%. The load factor remained stable at 80.8%. GOL did not operate any international flights in February. Overall, the results indicate ongoing challenges in the aviation sector amid decreased travel demand.

Positive

• On-time departures improved to 97.2%, up 7.0 percentage points from February 2020.
• Flight completion rate remained high at 98.8%, indicating operational reliability.

Negative

• Overall departures decreased by 53.2% compared to February 2020.
• Domestic demand (RPK) dropped by 50.3% year-on-year.
• Significant drops in passenger numbers with a 51.6% decline year-on-year.

SÃO PAULO, March 4, 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 February 2021, compared to the same period in 2020.

During February, GOL operated an average of 355 flights per day and adjusted frequencies to match lower demand in its hubs in Congonhas (São Paulo), Galeão (Rio de Janeiro), Brasília (Distrito Federal), Fortaleza (Ceará) and Salvador (Bahia). GOL remains disciplined in its leadership of the market.

February/21 x January/21 Highlights:  

• In the domestic market in February 2021, demand (RPK) for GOL's flights decreased 38% over January 2021 and supply (ASK) decreased by 36% over January 2021. GOL's domestic load factor was 80.8% in February.
• GOL did not operate regular international flights during the month.

February/21 Preliminary Traffic Figures:

	Monthly Traffic Figures (¹)			Accumulated Traffic Figures(¹)			LTM Traffic Figures (¹)
Operating data *	Feb/21	Feb/20	% Var.	2M21	2M20	% Var.	Feb/21 LTM	Feb/20 LTM	% Var.
Total GOL
Departures	9,947	21,267	-53.2%	25,108	47,159	-46.8%	102,477	262,836	-61.0%
Seats (thousand)	1,735	3,659	-52.6%	4,393	8,136	-46.0%	17,796	46,072	-61.4%
ASK (million)	2,089	4,209	-50.4%	5,367	9,383	-42.8%	21,126	51,367	-58.9%
RPK (million)	1,688	3,399	-50.3%	4,416	7,741	-43.0%	16,800	42,116	-60.1%
Load factor	80.8%	80.8%	0.0 p.p	82.3%	82.5%	-0.2 p.p	79.5%	82.0%	-2.5 p.p
Pax on board (thousand)	1,381	2,854	-51.6%	3,548	6,478	-45.2%	13,846	36,775	-62.3%
Domestic GOL
Departures	9,947	19,715	-49.5%	25,108	43,787	-42.7%	101,457	245,439	-58.7%
Seats (thousand)	1,735	3,394	-48.9%	4,393	7,559	-41.9%	17,622	43,067	-59.1%
ASK (million)	2,089	3,584	-41.7%	5,367	8,015	-33.0%	20,709	44,285	-53.2%
RPK (million)	1,688	2,934	-42.5%	4,416	6,717	-34.3%	16,535	36,723	-55.0%
Load factor	80.8%	81.9%	-1.1 p.p	82.3%	83.8%	-1.5 p.p	79.8%	82.9%	-3.1 p.p
Pax on board (thousand)	1,381	2,677	-48.4%	3,548	6,097	-41.8%	13,733	34,678	-60.4%
International GOL
Departures	0	1,552	N.A.	0	3,372	N.A.	1,020	17,397	-94.1%
Seats (thousand)	0	265	N.A.	0	577	N.A.	174	3,005	-94.2%
ASK (million)	0	625	N.A.	0	1,368	N.A.	417	7,083	-94.1%
RPK (million)	0	465	N.A.	0	1,024	N.A.	265	5,393	-95.1%
Load factor	0	74.4%	N.A.	0	74.9%	N.A.	63.7%	76.1%	-12.4 p.p
Pax on board (thousand)	0	177	N.A.	0	381	N.A.	113	2,097	-94.6%
On-time Departures	97.2%	90.2%	7.0 p.p	96.0%	91.1%	4.9 p.p	95.5%	90.3%	5.3 p.p
Flight Completion	98.8%	98.9%	-0.1 p.p	99.0%	99.2%	-0.2 p.p	97.3%	98.1%	-0.9 p.p
Cargo Ton (thousand)	3.3	7.0	-53.1%	6.5	14.1	-53.9%	33.4	99.1	-66.3%

* 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 14,000 highly skilled aviation professionals and operates a fleet of 128 Boeing 737 aircraft, delivering Brazil's top on-time performance and an industry leading 20-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 air traffic figures for February 2021?

In February 2021, GOL operated 9,947 flights, a 53.2% decrease from February 2020.

Did GOL operate international flights in February 2021?

No, GOL did not operate any regular international flights in February 2021.

What was GOL's load factor in February 2021?

GOL's load factor in February 2021 was 80.8%, the same as in February 2020.

How did GOL's demand change compared to January 2021?

GOL's demand (RPK) decreased by 38% in February 2021 compared to January 2021.