GOL discloses preliminary traffic figures for October 2020

Rhea-AI Summary

GOL Linhas Aéreas reports preliminary traffic figures for October 2020, highlighting a 34% increase in domestic demand (RPK) compared to September 2020. The airline operated an average of 363 flights daily, reopening three bases and adding 1,932 flight frequencies at key airports. Despite these gains, total departures decreased by 48.3% year-over-year, and domestic load factor dropped to 78.0%. Notably, GOL did not conduct regular international flights during this period.

Positive

• 34% increase in domestic demand (RPK) compared to September 2020
• Reopened three bases and added 1,932 new flight frequencies
• Achieved 96.9% on-time departures

Negative

• Total departures decreased by 48.3% year-over-year
• Load factor declined to 78.0% from 81.7% in October 2019
• Cargo tonnage dropped by 57.9% year-over-year

SÃO PAULO, Nov. 5, 2020 /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 2020, compared to the same period in 2019.

During October, GOL operated an average of 363 flights per day, reopened three bases (Carajás, Cruzeiro do Sul e Fernando de Noronha) and added 1,932 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.

October/20 x September/20 Highlights:  

• In the domestic market in October 2020, demand (RPK) for GOL's flights was up by 34% over September 2020 and supply (ASK) increased by 37% over September 2020. GOL's domestic load factor was 78.0% in October.
• GOL did not operate regular international flights during the month.

October/20 Preliminary Traffic Figures:

	Monthly Traffic Figures (¹)			Accumulated Traffic Figures(¹)			LTM Traffic Figures (¹)
Operating data *	Oct/20	Oct/19	% Var.	10M20	10M19	% Var.	Oct/20 LTM	Oct/19 LTM	% Var.
Total GOL
Departures	11,256	21,777	-48.3%	98,696	212,926	-53.6%	145,147	256,119	-43.3%
Seats (thousand)	1,982	3,895	-49.1%	16,997	37,326	-54.5%	25,245	44,859	-43.7%
ASK (million)	2,316	4,212	-45.0%	19,760	42,022	-53.0%	28,805	50,689	-43.2%
RPK (million)	1,805	3,441	-47.6%	15,689	34,497	-54.5%	23,054	41,706	-44.7%
Load fator	78.0%	81.7%	-3.8 p.p	79.4%	82.1%	-2.7 p.p	80.0%	82.3%	-2.3 p.p
Pax on board (thousand)	1,519	3,087	-50.8%	13,096	29,862	-56.1%	19,669	36,033	-45.4%
Domestic GOL
Departures	11,256	20,475	-45.0%	94,304	198,608	-52.5%	138,056	239,177	-42.3%
Seats (thousand)	1,982	3,669	-46.0%	16,246	34,845	-53.4%	24,031	41,929	-42.7%
ASK (million)	2,316	3,705	-37.5%	17,975	35,967	-50.0%	25,947	43,432	-40.3%
RPK (million)	1,805	3,067	-41.1%	14,399	29,850	-51.8%	20,970	36,138	-42.0%
Load factor	78.0%	82.8%	-4.9 p.p	80.1%	83.0%	-2.9 p.p	80.8%	83.2%	-2.4 p.p
Pax on board (thousand)	1,519	2,936	-48.2%	12,602	28,083	-55.1%	18,844	33,908	-44.4%
International GOL
Departures	0	1,302	N.A.	4,392	14,318	-69.3%	7,091	16,942	-58.1%
Seats (thousand)	0	226	N.A.	751	2,481	-69.7%	1,214	2,930	-58.6%
ASK (million)	0	507	N.A.	1,784	6,055	-70.5%	2,857	7,257	-60.6%
RPK (million)	0	374	N.A.	1,290	4,648	-72.2%	2,084	5,568	-62.6%
Load factor	0	73.8%	N.A.	72.3%	76.8%	-4.5 p.p	72.9%	76.7%	-3.8 p.p
Pax on board (thousand)	0	151	N.A.	494	1,780	-72.3%	825	2,126	-61.2%
On-time Departures	96.9%	92.6%	4.3 p.p	95.5%	90.7%	4.8 p.p	93.4%	89.6%	3.8 p.p
Flight Completion	98.9%	98.7%	0.2 p.p	96.9%	97.7%	-0.8 p.p	97.3%	97.9%	-0.6 p.p
Cargo Ton	3.6	8.5	-57.9%	33.5	81.4	-58.9%	51.9	101.2	-48.8%
* 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 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 129 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 traffic figures for October 2020?

In October 2020, GOL reported a 34% increase in domestic demand (RPK) over September, but total departures decreased by 48.3% year-over-year.

How has GOL's load factor changed in October 2020?

GOL's load factor for October 2020 was 78.0%, a decline from 81.7% in October 2019.

Did GOL operate international flights in October 2020?

No, GOL did not operate any regular international flights during October 2020.

What measures did GOL take in October 2020?

GOL reopened three bases and added 1,932 frequencies in key Brazilian airports.

What is GOL's on-time performance for October 2020?

GOL achieved an on-time departure rate of 96.9% in October 2020.