GOL discloses preliminary traffic figures for May 2021

Rhea-AI Summary

GOL Linhas Aéreas reported substantial growth in May 2021 compared to May 2020. The domestic demand (RPK) surged by 519%, while supply (ASK) rose by 425%. The domestic load factor improved to 88.0%, a 13.3 percentage points increase. GOL transported 1.1 million passengers, reflecting a 547% increase. However, regular international flights were not operated during the month. Overall, there were significant increases in departures, seats, and cargo tonnage, showcasing a strong recovery trajectory amid ongoing challenges.

Positive

• Domestic demand (RPK) increased by 519%.
• Domestic supply (ASK) rose by 425%.
• Load factor improved to 88.0%, a 13.3 p.p. increase.
• 1.1 million passengers transported, a 547% increase.
• On-time departures at 95.5%.

Negative

• Total accumulated departures down 32.3% year-over-year.
• Total accumulated seats decreased by 30.8% year-over-year.
• Total ASK down 28.4% year-to-date.
• Total RPK down 26.9% year-to-date.
• International operations non-existent in May.

SÃO PAULO, June 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 May 2021, compared to the same period in 2020.

Highlights:  

• In the domestic market, demand (RPK) for GOL's flights increased 519% and supply (ASK) increased by 425%. GOL's domestic load factor was 88.0% in May, a 13.3 p.p increase in comparison to May 2020. GOL transported 1.1 million passengers during the month, a 547% increase over May 2020.
• GOL did not operate regular international flights during the month.

May/21 Preliminary Traffic Figures:

	Monthly Traffic Figures (¹)			Accumulated Traffic Figures(¹)			LTM Traffic Figures (¹)
Operating data *	May/21	May/20	% Var.	5M21	5M20	% Var.	May/21 LTM	May/20 LTM	% Var.
Total GOL
Departures	6,864	1,370	401.0%	44,346	65,494	-32.3%	103,380	222,182	-53.5%
Seats (thousand)	1,221	219	457.3%	7,776	11,236	-30.8%	18,079	38,905	-53.5%
ASK (million)	1,385	264	425.4%	9,277	12,965	-28.4%	21,454	43,508	-50.7%
RPK (million)	1,219	197	518.6%	7,550	10,334	-26.9%	17,342	35,477	-51.1%
Load factor	88.0%	74.8%	13.3 p.p	81.4%	79.7%	1.7 p.p	80.8%	81.5%	-0.7 p.p
Pax on board (thousand)	1,060	164	547.3%	6,216	8,653	-28.2%	14,339	30,795	-53.4%
Domestic GOL
Departures	6,864	1,370	401.0%	44,346	61,102	-27.4%	103,380	207,730	-50.2%
Seats (thousand)	1,221	219	457.3%	7,776	10,485	-25.8%	18,079	36,418	-50.4%
ASK (million)	1,385	264	425.4%	9,277	11,180	-17.0%	21,454	37,653	-43.0%
RPK (million)	1,219	197	518.6%	7,550	9,044	-16.5%	17,342	31,085	-44.2%
Load factor	88.0%	74.8%	13.3 p.p	81.4%	80.9%	0.5 p.p	80.8%	82.6%	-1.7 p.p
Pax on board (thousand)	1,060	164	547.3%	6,216	8,159	-23.8%	14,339	29,088	-50.7%
International GOL
Departures	0	0	N.A.	0	4,392	N.A.	0	14,452	N.A.
Seats (thousand)	0	0	N.A.	0	751	N.A.	0	2,487	N.A.
ASK (million)	0	0	N.A.	0	1,784	N.A.	0	5,855	N.A.
RPK (million)	0	0	N.A.	0	1,290	N.A.	0	4,393	N.A.
Load factor	0	0	N.A.	0	72.3%	N.A.	0	75.0%	N.A.
Pax on board (thousand)	0	0	N.A.	0	494	N.A.	0	1,707	N.A.
On-time Departures	95.5%	97.0%	-1.5 p.p	96.6%	94.2%	2.3 p.p	95.7%	91.4%	4.3 p.p
Flight Completion	99.4%	96.0%	3.5 p.p	98.3%	95.8%	2.5 p.p	98.4%	97.6%	0.7 p.p
Cargo Ton (thousand)	3.0	1.2	160.3%	15.3	22.2	-31.1%	34.1	81.5	-58.2%

* 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 14,000 highly skilled aviation professionals and operates a fleet of 127 Boeing 737 aircraft, delivering Brazil's top on-time performance and an industry leading 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 are GOL's May 2021 traffic figures?

In May 2021, GOL's domestic demand increased by 519% year-over-year, with a load factor of 88.0%.

How many passengers did GOL transport in May 2021?

GOL transported 1.1 million passengers in May 2021, marking a 547% increase compared to May 2020.

What was the percentage increase in GOL's domestic load factor?

The domestic load factor increased by 13.3 percentage points to 88.0% in May 2021.

Did GOL operate international flights in May 2021?

No, GOL did not operate any regular international flights during May 2021.

What is the significance of GOL's RPK and ASK figures for investors?

The 519% increase in RPK and 425% increase in ASK indicate a significant recovery in demand and operational capacity, which are positive signs for investors.