GOL discloses preliminary traffic figures for September 2022

Rhea-AI Summary

GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL) reported significant growth in September 2022 compared to September 2021. Total supply increased by 36.9%, with demand soaring by 41.4%, yielding a load factor of 81.7%. Domestic metrics showed a 23.0% rise in supply and 27.0% in demand, while international operations saw 82.0% load factor. Key figures include 16,028 total departures and 2,211 thousands of passengers onboard. Overall, the airline continues to lead Brazil's domestic market, enhancing its operational efficiency.

Positive

• Total supply (ASK) increased by 36.9% year-over-year.
• Demand (RPK) grew by 41.4%, indicating strong recovery.
• Domestic load factor reached 81.7%, maintaining operational efficiency.
• Total departures rose by 30.1%, showcasing increased flight operations.

Negative

• International load factor slightly lower compared to domestic at 82.0%.
• On-time departures decreased to 90.4%, down from 95.8%.

SÃO PAULO, Oct. 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 September 2022, compared to the same period in 2021.

Highlights:  

• GOL's total supply (ASK) increased 36.9%. Total seats increased 29.5% and the number of departures increased by 30.1%. GOL's total demand (RPK) increased by 41.4% and the load factor was 81.7%.
• GOL's domestic supply (ASK) increased 23.0% and demand (RPK) increased by 27.0%. GOL's domestic load factor was 81.7%. The volume of departures increased by 24.5% and seats increased by 24.0%.
• GOL's international supply (ASK) was 323 million, the demand (RPK) was 265 million and international load factor was 82.0%.

September/22 Preliminary Traffic Figures:

	Monthly Traffic Figures (1)			Quarterly Traffic Figures (1)			Accumulated Traffic Figures (1)
Operating data *	Sep/22	Sep/21	% Var.	3Q22	3Q21	% Var.	9M22	9M21	% Var.
Total GOL
Departures	16,028	12,317	30.1 %	50,638	36,217	39.8 %	144,966	88,812	63.2 %
Seats (thousand)	2,785	2,150	29.5 %	8,481	6,401	32.5 %	25,257	15,652	61.4 %
ASK (million)	3,189	2,329	36.9 %	10,281	7,283	41.2 %	29,388	18,317	60.4 %
RPK (million)	2,605	1,842	41.4 %	8,360	5,931	41.0 %	23,510	14,955	57.2 %
Load factor	81.7 %	79.1 %	2.6 p.p	81.3 %	81.4 %	-0.1 p.p	80.0 %	81.6 %	-1.6 p.p
Pax on board (thousand)	2,211	1,654	33.7 %	6,949	4,991	39.2 %	19,558	12,408	57.6 %
Domestic GOL
Departures	15,337	12,317	24.5 %	48,713	36,217	34.5 %	140,951	88,812	58.7 %
Seats (thousand)	2,666	2,150	24.0 %	8,481	6,401	32.5 %	24,574	15,652	57.0 %
ASK (million)	2,866	2,329	23.0 %	9,325	7,283	28.0 %	27,523	18,317	50.3 %
RPK (million)	2,340	1,842	27.0 %	7,554	5,931	27.4 %	21,941	14,955	46.7 %
Load factor	81.7 %	79.1 %	2.6 p.p	81.0 %	81.4 %	-0.4 p.p	79.7 %	81.6 %	-1.9 p.p
Pax on board (thousand)	2,115	1,654	27.9 %	6,675	4,991	33.8 %	18,982	12,408	53.0 %
International GOL
Departures	691	0	N.A	1,925	0	N.A	4,015	0	N.A
Seats (thousand)	119	0	N.A	325	0	N.A	684	0	N.A
ASK (million)	323	0	N.A	956	0	N.A	1,864	0	N.A
RPK (million)	265	0	N.A	806	0	N.A	1,569	0	N.A
Load factor	82.0 %	0	N.A	84.3 %	0	N.A	84.2 %	0	N.A
Pax on board (thousand)	96	0	N.A	274	0	N.A	575	0	N.A
On-time Departures	90.4 %	95.8 %	-5.4 p.p	92.7 %	96.3 %	-3.6 p.p	93.4 %	96.2 %	-2.8 p.p
Flight Completion	99.4 %	98.9 %	0.5 p.p	99.6 %	99.0 %	0.6 p.p	99.5 %	98.7 %	0.8 p.p
Cargo Ton (thousand)	5.6	4.0	41.1 %	16.9	9.8	72.9 %	48.2	28.9	66.6 %

* 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 144 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 September 2022?

In September 2022, GOL reported total supply increased by 36.9%, demand rose by 41.4%, and a load factor of 81.7%.

How did GOL perform domestically in September 2022?

GOL's domestic supply increased by 23.0% and demand by 27.0%, resulting in a load factor of 81.7%.

What was the total number of departures for GOL in September 2022?

GOL had a total of 16,028 departures in September 2022.

What was GOL's load factor for international flights in September 2022?

The international load factor for GOL in September 2022 was 82.0%.

What is the significance of GOL's September 2022 traffic report?

The report indicates strong operational recovery with significant increases in supply and demand, reflecting growth in air travel.