GOL - PRASK Increases 8% and Fuel PMP Increases 2% YoY
SAO PAULO, May 20, 2013 /PRNewswire/ -- GOL Linhas Aereas Inteligentes S.A. (BM&FBOVESPA: GOLL4 e 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 April 2013.
PRASK, Yield and Fuel Prices
Net PRASK was 8% up year over year*. PRASK grew by 11% year-to-date (YTD). This is the 13th consecutive increase of PRASK.
Net yield was 13% up in April year-on-year*, between R$20.8 and R$21.3 cents.
Fuel Price* in April was 2% up over April 2012.
(*)The per-liter fuel price considers total fuel and lubricant expenses divided by period consumption.
In April, GOL continued with its strategy to rationalize capacity and recorded a 6.9% decrease in the domestic supply, mainly due to the end of Webjet's operations. The strategy of capacity reduction was initiated in April 2012, thus, there is a lower level of reduction when compared to the previous months.
Supply in April was 31.2% 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 17.5% due to same reasons mentioned above.
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ABOUT GOL LINHAS AEREAS INTELIGENTES S.A.
GOL Linhas Aereas Inteligentes S.A. (Bovespa: GOLL4 and NYSE: GOL), the largest low-cost and low-fare airline in Latin America, offers around 970 daily flights to 65 destinations in 10 countries in South America, Caribbean and the United States.
SOURCE GOL Linhas Aereas Inteligentes S.A.