GOL discloses preliminary traffic figures for November 2022

Rhea-AI Summary

On December 5, 2022, GOL Linhas Aéreas Inteligentes S.A. (GOL) announced its preliminary air traffic figures for November 2022. Key highlights include a 29.7% increase in total supply (ASK) and a 28.5% rise in total demand (RPK). The load factor stood at 81.3%. Domestic operations showed a 19.6% increase in supply and an 18.7% growth in demand. International operations reported a load factor of 76.9% with 350 million ASK and 269 million RPK. The company continues to lead as Brazil's largest domestic airline.

Positive

• Total supply (ASK) increased by 29.7%.
• Total demand (RPK) rose by 28.5%.
• Domestic load factor was 81.8%.
• Departures increased by 26.5%.

Negative

• International load factor decreased to 76.9%.

SÃO PAULO, Dec. 5, 2022 /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 November 2022, compared to the same period in 2021.

Highlights:  

• GOL's total supply (ASK) increased 29.7%. Total seats increased 29.2% and the number of departures increased by 26.5%. GOL's total demand (RPK) increased by 28.5% and the load factor was 81.3%.
• GOL's domestic supply (ASK) increased 19.6% and demand (RPK) increased by 18.7%. GOL's domestic load factor was 81.8%. The volume of departures increased by 22.1% and seats increased by 24.8%.
• GOL's international supply (ASK) was 350 million, the demand (RPK) was 269 million and international load factor was 76.9%.

November/22 Preliminary Traffic Figures:

	Monthly Traffic Figures (1)			Accumulated Traffic Figures (1)			Accumulated Traffic LTM (1)
Operating data *	Nov/22	Nov/21	% Var.	11M22	11M21	% Var.	LTM22	LTM21	% Var.
Total GOL
Departures	18,212	14,400	26.5 %	181,043	116,215	55.8 %	199,001	130,827	52.1 %
Seats (thousand)	3,189	2,468	29.2 %	31,566	20,386	54.8 %	34,700	22,978	51.0 %
ASK (million)	3,524	2,716	29.7 %	36,472	23,471	55.4 %	40,016	26,597	50.5 %
RPK (million)	2,867	2,231	28.5 %	29,274	19,242	52.1 %	32,176	21,773	47.8 %
Load factor	81.3 %	82.1 %	-0.8 p.p	80.3 %	82.0 %	-1.7 p.p	80.4 %	81.9 %	-1.5 p.p
Pax on board (thousand)	2,516	1,997	26.0 %	24,551	16,279	50.8 %	27,078	18,354	47.5 %
Domestic GOL
Departures	17,414	14,257	22.1 %	175,383	116,072	51.1 %	193,179	130,684	47.8 %
Seats (thousand)	3,050	2,444	24.8 %	30,596	20,363	50.3 %	33,702	22,955	46.8 %
ASK (million)	3,174	2,655	19.6 %	33,873	23,410	44.7 %	37,353	26,535	40.8 %
RPK (million)	2,597	2,188	18.7 %	27,129	19,199	41.3 %	29,981	21,730	38.0 %
Load factor	81.8 %	82.4 %	-0.6 p.p	80.1 %	82.0 %	-1.9 p.p	80.3 %	81.9 %	-1.6 p.p
Pax on board (thousand)	2,411	1,981	21.7 %	23,757	16,264	46.1 %	26,262	18,339	43.2 %
International GOL
Departures	798	143	NM	5,660	143	NM	5,822	143	NM
Seats (thousand)	139	23	NM	970	23	NM	997	23	NM
ASK (million)	350	61	NM	2,599	61	NM	2,663	61	NM
RPK (million)	269	43	NM	2,144	43	NM	2,196	43	NM
Load factor	76.9 %	70.2 %	0.1 p.p	82.5 %	1	0.2 p.p	82.5 %	70.2 %	17.5 %
Pax on board (thousand)	104	16	NM	794	15	NM	816	15	NM
On-time Departures	77.8 %	86.4 %	-8.6 p.p	91.2 %	95.2 %	-4.0 p.p	94.2 %	94.6 %	-0.4 p.p
Flight Completion	98.7 %	99.7 %	-0.9 p.p	99.4 %	98.8 %	0.6 p.p	99.4 %	98.9 %	0.6 p.p
Cargo Ton (thousand)	7.7	3.9	100.1 %	63.3	36.9	71.5 %	68.4	41.2	65.8 %

* 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 is the largest airline in Brazil, leader in the corporate and leisure segments. Since founded in 2001, the Company has the lowest unit cost in Latin America, thus democratizing air transportation. The Company has alliances with American Airlines and Air FranceKLM and makes available several codeshares and interline agreements available to Customers, bringing more convenience and simple connections to any place served by these partnerships. With the purpose of "Being the First for All", GOL offers the best travel experience to its passengers, including: the largest number of seats and more space between seats; the greatest platform with internet, movies and live TV; and the best frequent-flyer program, SMILES. In cargo transportation, GOLLOG delivers orders to different regions in Brazil and abroad. The Company has a team of 14,000 highly qualified aviation professionals focused on Safety, GOL's #1 value, and operates a standardized fleet of 145 Boeing 737 aircraft. The Company's shares are traded on the NYSE (GOL) and the B3 (GOLL4). For further information, go to www.voegol.com.br/ri.

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SOURCE GOL Linhas Aéreas Inteligentes S.A.

FAQ

What were GOL's air traffic figures for November 2022?

GOL reported a 29.7% increase in total supply and a 28.5% rise in total demand for November 2022.

How did GOL perform in domestic air traffic in November 2022?

GOL's domestic supply increased by 19.6%, while demand grew by 18.7%, achieving a load factor of 81.8%.

What was GOL's international traffic performance in November 2022?

In international traffic, GOL recorded an ASK of 350 million and an RPK of 269 million, with a load factor of 76.9%.

What are GOL's expectations for future traffic growth?

While specific forecasts were not provided, the substantial increases in November figures suggest a positive outlook for future growth.