GOL: 3Q14 Domestic Load Factor Reached 78.3% and PRASK Grew 9.1% Year-over-year
SAO PAULO, Oct. 23, 2014 /PRNewswire/ -- GOL Linhas Aereas Inteligentes S.A. (BM&FBOVESPA: GOLL4 andNYSE: GOL), (S&P: B, Fitch: B-, Moody's: B3), the largest low-cost and best-fare airline in Latin America announces its preliminary air traffic figures for September 2014. Comparisons refer to September 2013, 3Q13 and 9M13.
- The 3Q14 and 9M14 domestic load factor totaled 78.3% and 77.0%, respectively.
- The load factor growth, more than offset the slight reduction in yield over 3Q13, led to year-over-year PRASK growth of 9.1% in the quarter. Fares in the quarter accompanied Brazil's challenging economic activity scenario.
- Domestic supply had 4.2% cut in 3Q14 and 2.9% 9M14, in line with the Company's 2014 guidance of an annual reduction between -3% and -1%.
- Domestic demand increased by 6.8% in the quarter and 8.3% in 9M14. GOL captured¹ 55% of the industry's demand growth in 2014.
- The number of passengers on board reached 29 million in 9M14, 10.4% up on the same period in 2013. In September, GOL transported 3.2 million passengers, a 5.8% year-over-year increase.
- International market demand climbed by 30.3% in 3Q14, fueled by the 8.3 p.p. growth in the load factor. GOL maintained its focus on gradually increasing its presence in other countries to achieve a higher revenue level in foreign currencies.
¹ Source: ABEAR
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GOL Linhas Aereas Inteligentes S.A. (BM&FBOVESPA: GOLL4 andNYSE: GOL), the largest low-cost and best-fare airline in Latin America.
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SOURCE GOL Linhas Aereas Inteligentes S.A.
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