GOL: In 2014, PRASK grew 11.3%, driven by domestic load factor of 78%, up 7p.p.

SAO PAULO, Feb. 5, 2015 /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, hereby announces the preliminary air traffic figures for December 2014, 4Q14 and 2014 figures. Comparisons refer to same period of 2013.

Domestic load factor reached 78% in 2014, a growth of 7 p.p. over 2013. In 4Q14, domestic load factor stood at 80%, higher by 4.3 p.p. in relation to the same period in 2013. Domestic demand increased by 8.0% in 2014 and 7.5% in 4Q14 when compared to 2013 and 4Q13, respectively. In 2014, capacity in the domestic market reached -1.7%, in line with the Company’s 2014 guidance of an annual decline of between -3% and -1%. In 4Q14, domestic supply was +1.8% when compared to 4Q13. In the year, GOL transported 40 million passengers in the domestic and international markets, 9.5% more than in 2013. In 4Q14, the number of paid passengers transported reached 10.7 million, 7.0% up on the same period in 2013. International demand grew by 25.7% in 2014, driving load factor to 71%, with an upturn of 8.3 p.p. In the quarter, load factor expanded by 2.7 p.p., reaching 70.7%. In 4Q14, net PRASK declined 5.1% and yield decreased 9.8%. PRASK in 2014, increased by 11.3% to R$18.2, yield came to R$23.7, up 1.1% and RASK grew 12.2% at R$23.7 – in line with the Company’s 2014 guidance of equal to or higher than 10%.