MAY 14TH, 2014

GOL: Domestic Load Factor Reached 76.8% in April and Supply Reduced by 5% Year over Year

São Paulo, May 14, 2014 – GOL Linhas Aéreas 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 announces its preliminary air traffic figures for April 2014.

Domestic Market
Demand for seats increased by 7.9% in April, accompanied by a 9.1 percentage point increase in the load factor to 76.8%, the highest April figure since 2006. The result reflects the Company’s new load factor level. On the eve of Easter Holiday, GOL transported 140,990 passengers, a record for a single day.

GOL reduced its domestic supply by 5.0%, partially due to the expansion of the GOL+ product in April. Under the new configuration, the B737-800 NGs will have 177 seats and the B737-700 NGs 138 seats. At the end of April, 80 aircraft were equipped with the new configuration.

International Market
Seat supply increased by 11.0%, while demand grew by 35.2%, pushing up the load factor by 12.6 percentage points to 70.4%. The international market result underlines the Company’s strategy of gradually increasing its foreign-currency revenue portion.


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