GOL discloses preliminary traffic figures for October 2022

Rhea-AI Summary

GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL) reported preliminary air traffic figures for October 2022, showcasing notable growth compared to October 2021. The total supply increased by 46.0% and demand by 40.9%, resulting in a load factor of 81.4%. Domestic metrics revealed a 30.2% rise in supply and a 26.0% increase in demand, with a load factor of 81.6%. In international routes, supply reached 384 million ASK with 306 million RPK and a load factor of 79.7%. Key metrics indicate strong operational performance in a recovering market.

Positive

• Total supply (ASK) increased by 46.0%
• Total demand (RPK) rose by 40.9%
• Domestic supply increased by 30.2% with a load factor of 81.6%
• Total departures increased by 37.4%

Negative

• Load factor decreased by 2.9 percentage points from the previous year

SÃO PAULO, Nov. 4, 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 October 2022, compared to the same period in 2021.

Highlights: 

• GOL's total supply (ASK) increased 46.0%. Total seats increased 37.6% and the number of departures increased by 37.4%. GOL's total demand (RPK) increased by 40.9% and the load factor was 81.4%.
• GOL's domestic supply (ASK) increased 30.2% and demand (RPK) increased by 26.0%. GOL's domestic load factor was 81.6%. The volume of departures increased by 30.9% and seats increased by 31.1%.
• GOL's international supply (ASK) was 384 million, the demand (RPK) was 306 million and international load factor was 79.7%.

October/22 Preliminary Traffic Figures:

 

	Monthly Traffic Figures (1)			Accumulated Traffic Figures (1)			Accumulated Traffic LTM (1)
Operating data *	Oct/22	Oct/21	% Var.	10M22	10M21	% Var.	LTM22	LTM21	% Var.
Total GOL
Departures	17,865	13,003	37.4 %	162,831	101,815	59.9 %	195,189	127,645	52.9 %
Seats (thousand)	3,120	2,267	37.6 %	28,377	17,919	58.4 %	33,978	22,460	51.3 %
ASK (million)	3,560	2,439	46.0 %	32,947	20,755	58.7 %	39,208	26,137	50.0 %
RPK (million)	2,897	2,056	40.9 %	26,407	17,010	55.2 %	31,541	21,447	47.1 %
Load factor	81.4 %	84.3 %	-2.9 p.p	80.1 %	82.0 %	-1.8 p.p	80.4 %	82.1 %	-1.6 p.p
Pax on board (thousand)	2,478	1,875	32.1 %	22,035	14,283	54.3 %	26,560	17,963	47.9 %
Domestic GOL
Departures	17,018	13,003	30.9 %	157,969	101,815	55.2 %	190,022	127,645	48.9 %
Seats (thousand)	2,972	2,267	31.1 %	27,546	17,919	53.7 %	33,096	22,460	47.4 %
ASK (million)	3,176	2,439	30.2 %	30,699	20,755	47.9 %	36,834	26,137	40.9 %
RPK (million)	2,591	2,056	26.0 %	24,532	17,010	44.2 %	29,572	21,447	37.9 %
Load factor	81.6 %	84.3 %	-2.7 p.p	79.9 %	82.0 %	-2.0 p.p	80.3 %	82.1 %	-1.8 p.p
Pax on board (thousand)	2,363	1,875	26.0 %	21,345	14,283	49.4 %	25,832	17,963	43.8 %
International GOL
Departures	847	0	N.A	4,862	0	N.A	5,167	0	N.A
Seats (thousand)	147	0	N.A	831	0	N.A	882	0	N.A
ASK (million)	384	0	N.A	2,249	0	N.A	2,374	0	N.A
RPK (million)	306	0	N.A	1,875	0	N.A	1,969	0	N.A
Load factor	79.7 %	0	N.A	83.4 %	0	N.A	83.0 %	0	N.A
Pax on board (thousand)	115	0	N.A	690	0	N.A	728	0	N.A
On-time Departures	84.5 %	94.2 %	-9.6 p.p	92.5 %	96.0 %	-3.5 p.p	94.6 %	95.2 %	-0.6 p.p
Flight Completion	98.6 %	98.7 %	-0.1 p.p	99.4 %	98.9 %	0.5 p.p	99.3 %	98.8 %	0.5 p.p
Cargo Ton (thousand)	7.3	4.2	75.6 %	55.5	33.0	68.2 %	64.5	40.7	58.4 %

* 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 preliminary traffic figures for October 2022?

GOL reported a total supply increase of 46.0% and total demand increase of 40.9% in October 2022.

How did GOL's domestic traffic perform in October 2022?

Domestic supply increased by 30.2% with a demand rise of 26.0%, resulting in a load factor of 81.6%.

What is GOL's international traffic performance for October 2022?

International supply was 384 million ASK with 306 million RPK and a load factor of 79.7%.

What were the total departures for GOL in October 2022?

GOL recorded 17,865 total departures, marking a 37.4% increase from October 2021.

Has GOL's load factor changed compared to last year?

Yes, GOL's load factor decreased by 2.9 percentage points compared to October 2021.