Category Archives: Gol Transportes Aereos

Gol announces a code-share agreement with Etihad Airways

Gol Linhas Aereas Inteligentes S.A. (Gol Transportes Aereos) (Sao Paulo) has signed a codeshare agreement with Etihad Airways (Abu Dhabi). The agreement depends on approval from ANAC (National Civil Aviation Agency) and CADE (Brazil’s antitrust authority).

The companies already have an interline agreement and the expansion of the partnership through the codeshare agreement will initially allow Etihad Airways to include its code on flights operated by Gol, giving its customers a greater number of connections for destinations in Brazil and South America.

Both companies will soon sign a Frequent Flyer Program (FFP) agreement offering all their customers the benefits of their respective mileage programs – GOL’s Smiles and Etihad’s Etihad Guest.

In other news, Gol has announced it has filed a formal request to Brazil’s National Civil Aviation Agency (ANAC) to operate domestic flights to Carajás and Altamira, in the state of Pará. These destinations have an accelerated level of growth, generating demand for new services.

The request was made to operate in Carajás – with four weekly frequencies and Altamira – three weekly frequencies. The operation, still pending approval by ANAC, is expected to begin in September 2014.

Top Copyright Photo: Rodrigo Cozzato/AirlinersGallery.com. Boeing 737-8EH PR-GUO (msn) of Gol in the special FIFA World Cup 2014 livery prepares to land at Sao Paulo (Congonhas).

Gol:

Etihad Airways:

Bottom Copyright Photo: Rodrigo Cozzato/AirlinersGallery.com. The 2014 version of the Etihad Airways special Abu Dhabi Grand Prix Formula 1 livery on Airbus A340-642 A6-EHJ (msn 933) prepares to land at Sao Paulo (Guarulhos).

Gol to enter the Sao Paulo (Viracopos) – Rio de Janeiro (Santos Dumont) market

Gol Transportes Aereos (Sao Paulo) is entering the competitive Sao Paulo (Viracopos) (Viracopos is the home of Azul) – Rio de Janeiro (Santo Dumont) market on July 18 per Airline Route.

Copyright Photo: Christian Volpati/AirlinersGallery.com. Boeing 737-8EH PR-GGB (msn 35064) prepares to takeoff from the downtown Santos Dumont Airport in Rio de Janeiro.

Gol:

Gol hires Brazilian graffiti artists Os Gêmeos to paint this FIFA World Cup logo jet

Gol Transportes Aereos‘ (Sao Paulo) pictured Boeing 737-8EH PR-GUO (msn 35850) PR-GUO has been painted by the famous Brazilian Graffitti artist twins, Os Gêmeos. The design represents the Brazilian people who are getting ready to support the Brazilian football (soccer) team during the upcoming FIFA World Cup 2014 in Brazil.

The aircraft paint is expected to last at least two years.

Os Gêmeos (Portuguese for The Twins) twins live in São Paulo, Brazil. Otavio and Gustavo Pandolfo are graffiti artists and identical twins. According to Wikipedia, “the twins started painting graffiti artwork in 1987 and gradually became a main influence in the local scene, helping to define Brazil’s own style. Their work often features yellow-skinned characters – taken from the yellow tinge both of the twins have in their dreams – but is otherwise diverse and ranges from tags to complicated murals. Subjects range from family portraits to commentary on São Paulo’s social and political circumstances, as well as Brazilian folklore. Their graffiti style was influenced by both traditional hip hop style and the Brazilian culture”.

Special thanks goes to Alvaro Romero, reporting from Chile.

Gol:

Gol to start Sao Paulo-Santiago flights on July 3, reports a $65.1 million operating profit in the first quarter

Gol Linhas Aéreas Inteligentes S.A. (Gol Transportes Aereos) (Sao Paulo) will start a new international twice-daily route on July 3, 2014 between São Paulo (Guarulhos) and Santiago.

The flights will be operated by Boeing 737-800 aircraft in the GOL+ configuration, ensuring more space between seats. The flight will have on-board service with the option of hot meals, sandwiches, and hot and cold drinks.

On the financial side, the company announced its results for the first quarter of 2014 (all figures in Brazilian Real):

Operating income (EBIT) totaled R$144 million ($65.1 million US) in 1Q14, 43% increase versus 1Q13, with an operating margin of 5.8%. In the last 12 months (LTM), GOL achieved an EBIT of R$309 million and a margin of 3.3%.

Net revenues reached R$2.5 billion, 20% or R$411 million, up year over year and the Company’s highest ever first-quarter figure. LTM net revenue stood at R$9.4 billion.

Total load factor of 76.1% on the 1Q14 represented an 8.9 percentage point improvement over 1Q13 and also a first-quarter record, while yield maintained its upward trajectory, increasing by 4% in the period. These factors helped push RASK and PRASK by 18% to R$19.90 cents and R$18.23 cents, respectively.

Given the average 18% devaluation of the Real against the Dollar and fuel prices reaching record levels for a quarter, R$2.62/liter, total CASK moved up 17% over 1Q13, while CASK ex-fuel increased by 22%. LTM total CASK increased 3%.

EBITDAR totaled R$493 million, 34% more than in 1Q13. LTM EBITDAR of R$1,652 million, a Company record, reducing leverage (adjusted gross debt/LTM EBITDAR) from 27.9x, in 1Q13, to 6.5x in 1Q14.

GOL closed the first quarter with a total cash position of R$2.8 billion, equivalent to 30% of LTM net revenue. The Company remains committed to maintaining ample liquidity, which is essential at times of high volatility in the economic scenario.

Given the devaluation of the Venezuelan Bolivar against the Dollar, the Company recognized an exchange variation adjustment of R$75.9 million in its 1Q14 financial result. As a result, the realizable value of its cash in Venezuela was R$274.6 million on March 31, 2014.

Smiles S.A. reported first-quarter net income of R$78.3 million in 1Q14, 162% up on 1Q13, with a net margin of 41.6%, driven by the 61% period increase in net revenue to R$188 million.

Copyright Photo: Rodrigo Cozzato/AirlinersGallery.com. Boeing 737-8EH PR-GXH (msn 39621) advertising the GOL+ seating configuration arrives at São Paulo (Guarulhos).

Gol:

Gol to start nonstop Fortaleza-Buenos Aires flights on May 10

Gol Linhas Aéreas Inteligentes S.A. (Gol Transportes Aereos) (Sao Paulo) in association with the Ceará state government, has announced the launch of nonstop flights between Pinto Martins Airport, in Fortaleza, and Ezeiza International Airport, in Buenos Aires, beginning on May 10. Gol has 77 flights per week between Argentina and Brazil, more than any other airline.

The connection was brought about by the Ceará State Tourism Department through the Draft Bill 155/2013 for the ICMS tax (state VAT) on jet fuel, after the approval by the state legislature. It reduced ICMS tax (state VAT) on jet fuel from 30% to 12%, applicable for all domestic flights for Companies that has also regular direct international flights departing from this airport. Thus, the state of Ceará stands out even more as a tourist destination for the region.

Copyright Photo: Alvaro Romero/AirlinersGallery.com. Boeing 737-8EH PR-GGK (msn 35065) is pictured at the downtown Jorge Newbery Aeroparque Airport (AEP) in Buenos Aires.

Gol:

Gol receives permission to operate flights from Campinas to Miami via Santo Domingo

Gol Linhas Aéreas Inteligentes S.A. (Gol Transportes Aereos) (Sao Paulo) has received authorization from the National Civil Aviation Agency (ANAC) and other pertinent authorities to operate regular flights between Campinas (SP-Brazil) and Rio de Janeiro (Santos Dumont airport). Additionally, Gol announces it has received the approval to start flights from Campinas to Miami. The flight will have a connection in Santo Domingo, Dominican Republic, where the passenger has also the option to fly to Orlando. Operations will begin on July 18, 2014.

Campinas (SP) – Rio de Janeiro, Santos Dumont Airport (RJ)

There will be 12 flights per day between Campinas (SP-Brazil) and Rio de Janeiro (Santos Dumont Airport).

Campinas (SP) – Miami

The new flights between Campinas (SP-Brazil) and Miami via Santo Domingo, with the option to fly also to Orlando, will take place, initially, three times per week, on Mondays, Wednesdays and Saturdays.

In other news, Gol has announced that it has signed a contract to implement a codeshare and frequent flyer program agreement with TAP Portugal (Lisbon). The agreement will be submitted for the authorization of Portugal and Brazil’s governments, and is still pending the approval of Brazil’s National Civil Aviation Agency (ANAC) and Antitrust Authority (CADE).

Initially, the agreement will allow TAP Portugal, with more than 74 weekly flights from Portugal to Sao Paulo, Rio de Janeiro, Campinas, Belo Horizonte, Brasilia, Porto Alegre, Salvador, Natal, Fortaleza and Recife, to include its codes on Gol’s flights, enabling connections to other Brazilian destinations.

Copyright Photo: Rodrigo Cozzato/AirlinersGallery.com. Boeing 737-8EH PR-GTE (msn 34278) climbs gracefully Sao Paulo (Guarulhos).

Gol:

Gol wants to fly from Campinas, Brazil to Miami via Santo Domingo, posts a loss in the 4Q and 2013

Gol Linhas Aéreas Inteligentes S.A. (Gol Transportes Aereos) (Sao Paulo) has submitted to the Brazilian Civil Aviation Agency (ANAC) a formal request to operate regular flights between Campinas (the home of Azul Linhas Aereas) and Miami, with one stop service stopping in Santo Domingo. The request was made for operations on Mondays, Wednesdays and Saturdays, using Boeing 737 Next Generation aircraft. The airline would like to start this operation by the end of July, pending ANAC’s approval.

On the financial side, the airline announced its consolidated results for the fourth quarter and full year of 2013. The company reported a net loss in the fourth of $8.5 million and a full year net loss of $217 million for 2013. This was an improvement from the previous year but below expectations.

Read the full report: CLICK HERE

Read the analysis by Zacks: CLICK HERE

Copyright Photo: Rodrigo Cozzato/AirlinersGallery.com. Boeing 737-8EH PR-GXB (msn 39615) with the promotional Gol + marking arrives at the Sao Paul (Guarulhos) hub.

Gol:

Boeing and Gol to work on a sustainable biofuel in Brazil

Boeing (Chicago) and Gol Linhas Aereas Inteligentes S.A. (Gol Transportes Aereos) (Sao Paulo) will work together to speed the research, development and approval of new sources of sustainable aviation biofuel in Brazil. Their collaboration will support Gol’s plans to use this lower-carbon jet fuel on more flights during upcoming major sporting events and also will benefit long-term development of a new sustainable aviation biofuel industry in Brazil.

Paulo Sergio Kakinoff, chief executive officer of Gol, and Van Rex Gallard, vice president of Sales for Africa, Latin America and the Caribbean, Boeing Commercial Airplanes, signed a memorandum of understanding for biofuel collaboration at the Latin America and Caribbean Air Transport Association (ALTA) Airline Leaders Forum 2013.

Gol plans to use sustainable biojetfuel on 200 flights during the major sporting event in Brazil in 2014 and to incorporate biofuel into 20 percent of its flights during the major sporting event taking place in Rio de Janeiro in 2016. Boeing will work with Gol to identify and select the most promising feedstocks and refining technologies and then will play a leading role in the approval process for new fuel pathways to ensure the fuel meets safety and performance standards.

The agreement between Boeing and Gol is a significant new step in efforts to advance an aviation biofuel industry in Brazil. On October 23, Brazil’s Aviator’s Day, Gol conducted Brazil’s first commercial biofuel flight in a Boeing 737-800 powered in part by sustainable aviation biofuel made from waste cooking oil and blended by Petrobras, with support from the Inter-American Development Bank (IDB). Following the flight, aviation industry stakeholders including Gol and Boeing, as well as Brazilian officials and research institutions, announced a national effort called the Brazilian Biojetfuel Platform to establish a sustainable biojetfuel industry with research and development in several regions of the country. If the Platform is successful, Brazil, which has already established a biofuel industry could be the first nation to establish a sustainable aviation biofuel industry from biomass production to flight.

Copyright Photo: Rodrigo Cozzato/AirlinersGallery.com. Gol’s Boeing 737-809 PR-GIT (msn 28403) in the striking Smiles special livery departs from Sao Paulo (Guarulhos).

Gol:

Gol reduces its losses in the second quarter to almost $191 million

Gol Linhas Aereas Inteligentes S.A. (Gol Transportes Aereos) (Sao Paulo) issued the following financial information for the second quarter where it reduced its loss to $190.7 million.

recorded an operating loss (EBIT) of R$35 million in 2Q13 resulting in a negative margin of 1.8%, an improvement of R$320 million and 18 percentage points over 2Q12. In the first half, GOL recorded a positive operating margin of 1.7%, in line with the margin projected for 2013, of between 1% and 3%.
PRASK (passenger revenue per available seat-kilometer) totaled R$14.14 cents in 2Q13, 10.5% up on 2Q12. This performance fueled the 7.5% year-over-year upturn in RASK (operating revenue per available seat-kilometer), which came to R$15.72 cents in 2Q13. The continuous monthly increase in PRASK since April 2012 reflects the Company’s efforts in optimizing its offer and maximizing the profitability of its routes.
CASK (operating cost per available seat-kilometer) totaled R$16.01 cents in the second quarter, 8.4% down on the same period last year. Fuel costs per ASK fell by 8.8%, primarily due to the 3.4% decline in the per-liter fuel price and the use of a more fuel-efficient fleet. CASK ex-fuel fell by 8% in the same period, chiefly impacted by the reduction in personnel costs.
SMILES’ IPO during the quarter meant that the Company ended 2Q13 with its biggest ever quarterly cash position (cash, cash equivalents, financial investments and short and long-term restricted cash), totaling R$2.8 billion, equivalent to 34% of net revenue of the last 12 months (LTM).

Read the analysis by the Wall Street Journal: CLICK HERE

Copyright Photo: Rodrigo Cozzato/AirlinersGallery.com. Boeing 737-8EH WL PR-GUM (msn 35846) in the new CBF – Transportadora Oficial de Selecao Brasileira livery taxies past the camera in Sao Paulo (Guarulhos).

Gol Transportes Aereos:

Gol introduces a new football logojet

Gol Transportes Aereos (Sao Paulo) has introduced a new logojet. The carrier has unveiled a new logojet in support of the Brazilian Soccer Federation (CBF-Confederação Brasileira de Futebol). The special livery incorporates the Brazilian flag colors as well as the five stars of the five World Cups won by Brazil. the logojet contains the insignia of CBF on the tail surfaces and the phrase “Transportadora Oficial da Seleção Brasileira” (official transporter of the Brazilian team). The aircraft, the pictured Boeing 737-8EH PR-GUM (msn 35846), flew the Brazilian team from Goiania to Brasilia yesterday for the forthcoming FIFA Confederations Cup during the period of June 15-30, 2013.

The CBF issued this statement:

The CBF announces that on Wednesday (June 12, 2013) Seleção Brasileira arrived in Brasilia, site of the debut in Confederations Cup, on the Boeing 738-800 Next Generation Sky Interior of Gol, specially painted with the colors of Seleção.

The initiative of the airline – the official carrier of Seleção Brasileira – reinforces this act, the meaning of partnership.

Gol managed to have the first of three aircraft alluding to Seleção ready before the Confederations Cup. This was the result of compromise and teamwork, characteristics that unite us even more.

Besides the flights of Seleção, this aircraft will integrate the operations of Gol, which will allow fans to also be able to know this special tribute.

President José Maria is thrilled with the results produced by the partnership between the Brazilian Football Confederation and the company.

“I appreciate the professionalism and dedication of Gol, from its Board to its employees. The CBF has in this company a great partner and ally.”

Want to see more logojets? Follow our Airline Special Color Schemes blog: CLICK HERE

Gol: