Gol Linhas Aéreas Inteligentes S.A. - GOL STOCK NEWS

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.

GOL Linhas Aéreas, Brazil's largest airline, has announced a positive preliminary outlook for the second half of 2021, citing improved sales and increased demand for domestic travel due to vaccine rollouts. For 2Q21, GOL expects an 81% load factor and a 40% reduction in recurring unit costs compared to 2Q20. Key financial metrics indicate a strengthening balance sheet with nearly R$3 billion in new capital and the successful repayment of a US$250 million loan. GOL's strategy focuses on matching capacity to demand, enhancing their competitive advantage as they aim for profitable growth.

GOL Linhas Aéreas Inteligentes S.A. (GOL) provided an Investor Update for April 2021, highlighting a significant recovery in air travel demand as Covid-19 cases decline in Brazil. Daily sales surged 75% over March, with consolidated gross revenues around R$250 million and an average load factor of 83%. GOL managed to maintain liquidity levels with a short-term debt of R$2 billion. Notably, the company launched a R$512 million equity capital increase and successfully priced an additional US$300 million in senior secured notes. GOL anticipates its liquidity will exceed R$4 billion post-capital increase.

GOL Linhas Aéreas reported significant growth in April 2021, with domestic demand (RPK) soaring 294% and supply (ASK) rising 280% compared to April 2020. The airline achieved a domestic load factor of 82.8%, a 2.9 percentage point increase year-over-year. Passenger numbers soared to 661,000, marking a 363% increase. However, the overall accumulated traffic data for the first four months of 2021 showed declines of approximately 37-59% compared to the same period in 2020.

GOL Linhas Aéreas Inteligentes S.A. announced the pricing of a US$300 million reopening of its 8.00% senior secured notes due 2026. This issuance consolidates with an earlier US$200 million issuance and is priced at par, yielding 8% to maturity. The notes are secured by GOL's intellectual property and aircraft spare parts in Brazil. Proceeds will be used for general corporate purposes such as liability management and aircraft acquisitions. The notes will not be registered under the U.S. Securities Act and are offered to qualified institutional buyers and non-U.S. persons.

GOL Linhas Aéreas, Brazil's largest domestic airline, provided a preliminary investor update for 2Q21. The airline anticipates a 40% reduction in capacity compared to 1Q21 due to pandemic-related restrictions, projecting a 35% decline in revenue versus 1Q21. GOL plans to operate 63 aircraft, which is 377% higher than 2Q20. Liquidity is expected at R$4.2 billion with R$14.8 billion in adjusted net debt. Key metrics indicate a decrease in passenger revenue and profitability, with net cash burn stable at R$160 million daily.

GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL) reported its 1Q21 results, showcasing significant impacts from the Covid-19 pandemic. The merger with Smiles is anticipated to generate over R$400 million in annual synergies. However, GOL experienced a 50% decline in net revenues, totaling R$1.6 billion, and a net loss of R$892 million. Revenue Passenger-Kilometers dropped 44% year-on-year, while passenger transport decreased by 46%. Adjusted EBITDA stood at R$354 million with a 23% margin, reflecting management's response to fluctuating demand.

GOL Linhas Aéreas Inteligentes S.A. announces a capital increase of up to R$512 million, led by its controlling shareholders, the Constantino brothers. They plan to acquire R$270 million in newly issued shares at R$24.19 per preferred share, a 9.13% premium to the 30-day average. GOL aims to leverage this capital for growth and expansion in the post-pandemic market, backed by strong financial management and a successful Smiles acquisition expected to close in June 2021. Shareholders will have preemptive rights in the offering, with filings anticipated around May 7, 2021.

GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL) announced its 1Q21 earnings schedule, set for April 29, 2021, before trading hours. The earnings release will be available on their website. GOL will host conference calls on the same day at 11:00 a.m. (US EDT) in English and 12:30 p.m. (US EDT) in Portuguese. Participants are encouraged to connect 10 minutes early. GOL serves over 36 million passengers annually, operating more than 750 daily flights across Brazil and beyond, highlighting its significant regional presence and operational capacity.