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Last $1.62 USD
Change Today -0.05 / -2.99%
Volume 464.9K
GOL On Other Exchanges
Symbol
Exchange
New York
Mexico
Sao Paulo
Frankfurt
Sao Paulo
As of 8:04 PM 08/4/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

Praça Comandante Linneu Gomes

Portaria 3

Prédio 24

Jd. Aeroporto

Sao Paulo, SP 04630-000

Brazil

Phone:

Fax:

Gol Linhas Aereas Inteligentes S.A. provides regular and non-regular air transportation services for passengers, cargoes, and mailbags in Brazil and internationally. The company provides frequent service on routes connecting all of Brazil’s major cities and from Brazil to major cities in South America and selected tourist destinations in the Caribbean and the United States. As of April 2015, the company offered approximately 910 daily flights to 71 destinations connecting the most important cities in Brazil as well as key destinations in Argentina, Bolivia, Chile, Paraguay, Uruguay, Venezuela, the United States and the Caribbean. Airline Business Routes and Schedules As of April 2015, the company offered approximately 910 daily flights to 71 destinations connecting the most important cities in Brazil as well as the main destinations in Argentina, Bolivia, Paraguay, Uruguay, the United States, Venezuela and the Caribbean region. Also, the company resumed flights to Santiago, Chile, in July 2014. Services Passenger Transportation The company offers services to its corporate and leisure customers. It pays particular attention to the details that help to make for a pleasant, complication-free flying experience, including ticketless travel; convenient online sales, check-in, seat assignment and flight change and cancellation services; high frequency of flights between Brazil’s major airports; low cancellation and high on time performance rates of its flights; high punctuality rates on its flights; online flight status service; Web-enabled cell phone ticket sales and check-in; self check-in at kiosks at designated airports; designated female lavatories; friendly and efficient in-flight service; modern aircraft interiors; quick turnaround times at airport gates; free or discounted shuttle services between airports and drop-off zones on certain routes; buy on board services on certain flights; mobile check-in and boarding pass (100% paperless boarding); smartphone application for check-in, electronic boarding pass and Smiles account management; and .more space between seats and greater comfort (Gol+ product). Ancillary Revenues and Gollog Cargo Transportation The company has an integrated Smiles and Gollog platform in its air travel portal for the convenience of its customers. The company makes use of extra capacity in its aircraft by carrying cargo, through Gollog. The Gollog system provides online access to air waybills and allows customers to track their shipment from any computer with Internet access. The company’s 71 destinations throughout Brazil, South America, the United States and the Caribbean provide access to multiple locations in each region. The company’s express delivery products – Gollog VOO CERTO, Gollog EXPRESS, Gollog ECOMMERCE and Gollog DOC – were developed to meet the demand for door-to-door deliveries, defined deadlines and additional optional services. Aircraft Fleet On December 31, 2014, the company had an operational fleet of 141 aircraft, of which 2 were in redelivery process, and a total fleet of 144 aircraft. As of December 31, 2014, of the company’s total 144 aircraft: 96 were under operating leases, 45 were under finance leases and 3 were owned by it. As of December 31, 2014, the company’s operating leases had an average remaining term of 71.5 months and original total terms of up to 138.8 months from the date of delivery of the relevant aircraft. As of December 31, 2014, the company’s finance leases had an average remaining term of 70 months and the company had purchase options for 40 of its aircraft under finance leases. Operating Fleet The average age of the company’s operating fleet of 141 Boeing 737-700/800 aircraft as of December 31, 2014, was 7.2 years. Strategies The key elements of the company’s strategy include capitalizing on its strong market position in Brazil and Latin America; expanding its customer base; strengthening the Smiles loyalty program by increasing interaction with members and adding perceived value to its members; expand its industry partnerships; and innovating , establishing and increasing its ancillary revenue businesses. Sales and Distribution The company’s customers can purchase tickets directly through different channels, such as its Website including its Booking Web Services, its call center, at airport ticket counters and, to a lesser extent, Global Distribution Systems. Customers The company’s customers can purchase tickets directly from it through various channels, such as its Website including its Booking Web Services, its call center, at airport ticket counters and, to a lesser extent, Global Distribution Systems. Partnerships and Alliances As of December 31, 2014, the company had 8 codeshare agreements with: Delta Airlines, Air France-KLM, Aeromexico, Aerolíneas Argentinas, Etihad Airways, Qatar Airways, TAP and 79 interline agreements. In addition, the company celebrated a frequent flyer program agreement with Aerolíneas Argentinas in 2014. Suppliers The company selects the Boeing 737-700/800 Next Generation aircraft and CFM 56-7B engines from CFM International. Competition The company’s competitors in Brazil include LATAM Airlines Group, Azul Linhas Aereas, and Avianca Brasil. Significant Events In June 2015, Korean air has announced a new codeshare agreement with GOL Linhas Aereas Inteligentes, subject to approval from Brazil government. The codeshare agreement would start from June 11th offering greater convenience and choice to passengers travelling through Sao Paulo to 16 other cities within Brazil, such as Rio de Janeiro, Brasilia or Manaus. Korean Air currently operates an A330 aircraft from Incheon South Korea, to Sao Paulo Brazil three times a week. History Gol Linhas Aereas Inteligentes S.A. was founded in 2001.

 

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Valuation GOL Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.2x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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