GOL Presents PRASK Growth of 23% in September 2013
SAO PAULO, Oct. 21, 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 September 2013.
PRASK, Yield and Fuel Prices
Net PRASK presented a 23% growth over September/12, while domestic supply reduced by 8.5% in the period, both compared to the same month last year. This is the 18th consecutive monthly PRASK increase, and demonstrates GOL's efforts in continuously improving its products and focusing on the profitability of its routes. In 3Q13, PRASK recorded a 21% increase, leading to a 14% growth year-to-date in this same indicator.
Net yield in September posted a 25% increase year-over-year, registering between R$21.7 and R$22.3 cents, result of the Company's strategy of increasingly attracting high value clients. In the third quarter of 2013, yield recorded growth of 29%, while year-to-date the increase was of 18% when compared to the same period in 2012.
In September, the supply reduction reached 8.5% the domestic market when compared to September/12. Year-to-date, this reduction totaled 11.8%.
In September, supply moved up by 28.6%, when compared to the same month in 2012, basically due to the introduction of the flights to Santo Domingo, Miami and Orlando in the end of 2012. Demand increased by 19.0% in the same period, mainly due to these new routes, while load factor decreased by 5.1 percentage points in the international market.
Tuesday - October 22, 2013
1:00 p.m. (US ET)
Tel.: +1 (412) 317-6776
Phone: +55 (11) 2128-4183
ABOUT GOL LINHAS AEREAS INTELIGENTES S.A.
GOL Linhas Aereas Inteligentes S.A. (BM&FBOVESPA: 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.