GOL: PRASK Increases 22%, with a 6 p.p. Improvement in Load Factor and 12% Growth in Yield, Year-Over-Year

(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 hereby announces its preliminary air traffic figures for November/2013.

PRASK, Yield and Fuel Prices
In November, net PRASK recorded a 22% growth over the same month in 2012, with a 1.6% supply reduction in the domestic market. With this result, GOL maintained its double-digit PRASK growth for the 12th time since November/12.

Net yield increased by 12% in November on an annual comparison, to between R$26.0 and R$26.5 cents. Load factor moved up by 6.2 percentage points, from 69.1% to 75.3%, the highest level recorded in the full year of 2013.

The average jet fuel price* decreased by around 1% in relation to November/12, due to the reduction of the fuel price in the international market.

Domestic Market
In November, GOL reduced its domestic supply by 1.6% on an annual comparison, while demand moved up by 7.4% in the same period. With this, load factor reached 76.2%, in the domestic market, an increase of 6.4 percentage points. Once again, the Company recorded PRASK growth superior to its supply reduction, due to the greater attractiveness of high value clients, mainly business passengers, who are less price elastic.

International Market
International supply presented an increase of 32.3% in November over the same month in 2012, driven by the introduction of flights to Santo Domingo, Miami and Orlando that began in December/12, while demand grew by 46.9%. Load factor reached 67.6%, which represents an increase of 6.7 percentage points over the same period in 2012.

Focus on the Client
On the client side, in December GOL reformulated its website, seeking to make the purchase process even easier and more agile. Now the client can filter his search by price, check the flight status and register his more frequent travel companions as favorites. Additionally, clients who purchase their flights with less than 7 days before departure will have their check-in done automatically. In this way, on the day of the trip, they can go directly to the boarding room or to the exclusive baggage drop counters, improving even more their flight experience.