GOL: 3Q14 Domestic Load Factor Reached 78.3% and PRASK Grew 9.1% Year-over-year

SAO PAULO, Oct. 23, 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 best-fare airline in Latin America announces its preliminary air traffic figures for September 2014. Comparisons refer to September 2013, 3Q13 and 9M13.

The 3Q14 and 9M14 domestic load factor totaled 78.3% and 77.0%, respectively.
The load factor growth, more than offset the slight reduction in yield over 3Q13, led to year-over-year PRASK growth of 9.1% in the quarter. Fares in the quarter accompanied Brazil’s challenging economic activity scenario.
Domestic supply had 4.2% cut in 3Q14 and 2.9% 9M14, in line with the Company’s 2014 guidance of an annual reduction between -3% and -1%.
Domestic demand increased by 6.8% in the quarter and 8.3% in 9M14. GOL captured¹ 55% of the industry’s demand growth in 2014.
The number of passengers on board reached 29 million in 9M14, 10.4% up on the same period in 2013. In September, GOL transported 3.2 million passengers, a 5.8% year-over-year increase.
International market demand climbed by 30.3% in 3Q14, fueled by the 8.3 p.p. growth in the load factor. GOL maintained its focus on gradually increasing its presence in other countries to achieve a higher revenue level in foreign currencies.