GOL Announces PRASK Grows 11% YTD and 11% in June, year over year
SAO PAULO, July 16, 2013 /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 low-fare airline in Latin America, hereby announces its preliminary air traffic figures for June 2013.
PRASK, Yield and Fuel Prices
Net PRASK moved up by 11% in June over the same month last year, even at a lowest level of supply reduction (-1.3% in the same period). In the second quarter of 2013, PRASK increased approximately 10% and, over the semester, it increased by 11% (YoY).
Net yield increased by 11% over June 2012 to between 21.0 and 21.4 cents (R$). In the second quarter and year-to-date terms, net yield grew by 13%.
The fuel price fell by 8% year-on-year in June. In the first quarter and year-to-date, it declined by around 4% and increased by approximately 4%, respectively, over the same periods in 2012.
In June, GOL continued with its strategy of optimizing domestic supply, which fell by 4.2% year-on-year due to the discontinuation of Webjet's operations. The lower reduction was due to the fact that the adjustment in supply began in April 2012.
International supply moved up by 31.7% over June 2012, chiefly due to the daily flights to Santo Domingo, Miami and Orlando that began at the end of last year, while demand increased by 23.1% for the same reason.
The Company will host a conference call regarding its traffic result as follow:
Wednesday - July 17, 2013
10:00 (US ET)
Tel.: +55 (11) 4688-6361 (Brazil) or +1 (786) 924-6977 (US)
For further information visit www.voegol.com.br/ir
Phone: +55 (11) 2128-4183
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 under the GOL and VARIG brands, using a young, modern fleet of Boeing 737-700 and 737-800 Next Generation aircraft, the safest, most efficient and most economical of their type.
SOURCE GOL Linhas Aereas Inteligentes S.A.