GOL: PRASK Growth and Domestic Capacity Reduction Remained as Highlight on January 2013

GOL, the largest low-cost and low-fare airline in Latin America, announces air traffic preliminary figures of January 2013.

In January, GOL still recorded a significant 17.8% reduction in the domestic market supply. This reduction was chiefly due to the discontinuation of Boeing 737-300 related to the shutting down of Webjet’s operating activities and the relocation of domestic capacity to international operations.

Load factor in the domestic market came to 2.1 p.p. up over January 2012, reaching 73.5% in the period. Due to the reduced supply mentioned above, demand in the period was 15.4% down year- on-year.

International Market
Supply in January on the international market was 34.2% up year-on-year, chiefly due to new daily routes to Santo Domingo, Miami and Orlando which started by the end of last year. Demand in same period increased by 18.8%.

Load factor on the international market was 8.6 p.p. down year-on-year, due to the fact mentioned above associated with the aging period effect of new routes which started on December 15, 2012.

Load Factor, Yield and Fuel Price
In the period, the Company recorded 1.0 p.p. growth of total system’s load factor, reaching 72.6%. Net yield in January was 8% up year-on-year*, between R$23.2 and R$23.7 centavos.

Net PRASK was 10% up year-on-year*. This is the 10th consecutive increase since the adoption of strategy to reduce capacity on the domestic market.

Fuel Price** in January was 18% up over January 2012.