GOL Linhas Aereas Inteligentes: PRASK Grows by 19% in March and 18% in 1Q14,
Fueled by a 9 p.p. Increase in Load Factor
SAO PAULO, April 28, 2014
SAO PAULO, April 28, 2014 /PRNewswire/ --GOL Linhas Aereas Inteligentes S.A.
(BM&FBOVESPA: GOLL4 and NYSE: GOL), (S&P: B, Fitch: B-, Moody's: B3), the
largest low-cost and low-fare airline in Latin America hereby announces its
preliminary air traffic figures for March 2014 and consolidated results for
the first quarter of 2014.
PRASK, Yield and Fuel Prices
In March 2014 net PRASK moved up by 19% over the same month last year, due to
the 9.0 p.p. increase in the system load factor to 73.7%, along with a 4%
increase in yield over March 2013. In the quarter, PRASK grew by 18% year over
year, and yield increased by 4%. The Company's new level of load factor of
76.1% in the first quarter enabled this growth.
In March, the average jet fuel price moved up by around 10% year over year,
leading to an increase of around 10% in the quarter, over the same period last
In March, GOL's domestic market supply decreased 5.7% over March 2013, while
demand grew by 7.4%, resulting in a 74.4% load factor, 9.1 p.p. up over prior
year. In 1Q14, supply increased by 1.6%, while demand grew by 14.7% and load
factor reached 76.8%, up 8.7 p.p. versus prior year.
International supply increased by 2.7% over March 2013, while demand was up by
17.5%, leading to an 8.6 p.p. improvement in the load factor. For the quarter,
supply increased 1.5%, while demand increased by 18.4%, with a total load
factor of 71.4%, up 10.2p.p. over prior year.
Monday - April 28, 2014
10:30 a.m. (US ET)
Tel.: +1 (412) 317-6776
For further information visit www.voegol.com.br/ir
Phone: +55 (11) 2128-4700
Phone: +55 (11) 2128-4183
ABOUT GOL LINHAS AEREAS INTELIGENTES S.A.
GOL Linhas Aereas Inteligentes S.A. (BM&FBOVESPA: GOLL4 and NYSE: GOL), the
largest low-cost and low-fare airline in Latin America, offers around 970
daily flights to 65 destinations in 10 countries in South America, Caribbean
and the United States.
SOURCE GOL Linhas Aéreas Inteligentes S.A.
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