Tag Archives: 7378EH

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: AG Slide Show

Gol to double its flights at Viracopos-Campinas International Airport

Gol Transportes Aereos (Sao Paulo) has filed a formal request with the National Civil Aviation Agency (ANAC) to expand its operations at Viracopos Airport, in Campinas, Brazil. The company expects the six new daily flights (five to Santos Dumont and one to Brasília) will start on September 1, 2013.

Viracopos–Campinas International Airport (VCP/SBKP) is an international airport serving the Campinas, Brazil area northwest of Sao Paulo.

Viracopos-Campinas is also the home of Azul Linhas Aereas Brasileiras.

Copyright Photo: Marcelo F. De Biasi/AirlinersGallery.com. Gol Transportes Aereos Boeing 737-8EH WL PR-GTF (msn 34279) in the special GOL 10 ANOS livery arrives at Sao Paulo (Congonhas).

Gol: AG Slide Show

Map: Yahoo Travel: Viracopos-Campinas International Airport is located in Campinas in the northwest section of the Sao Paulo metropolitan area.

Sao Paulo Airports (Yahoo Travel)

Gol expands its code-share relationship with Delta

Gol Linhas Aéreas Inteligentes S.A. (Gol Transportes Aéreos) (Sao Paulo) has announced a key milestone in its partnership with Delta Air Lines (Atlanta): the implementation of Gol code-share on Delta’s flights from Brasilia to Atlanta.  

The companies together offer approximately 380 destinations in more than 62 countries. 

“The code-share implementation which has now started and will be done in six phases from May to August,” said Paulo Miranda, Alliances and Strategy manager for Delta Air Lines.  “Besides the route from Brasilia to Atlanta, soon we will be integrating all flights operated by Delta between Brazil and the United States to Atlanta and flights to the John F. Kennedy International Airport (JFK) and to Detroit and as part of the codeshare agreement”, he emphasizes.

The route from Brasilia to Atlanta is already available to be acquired at Gol channels and the first flight will take place on May 20. The second phase will include flights from Goiania, Belo Horizonte, Curitiba and Porto Alegre all via Brasilia to Atlanta. This action allows baggage to be labeled and dispatched to final destination.

Copyright Photo: Tony Storck. Boeing 737-8EH WL PR-GUI (msn 35844) arrives in Miami.

Gol: AG Slide Show

Delta Air Lines: AG Slide Show

Gol reduces its third quarter net loss to $152.7 million

Gol Linhas Aereas Intelligentes (Gol Transportes Aereos) (Sao Paulo) reduced its third quarter net loss to $152.7 million.

Read the full report from Zacks: CLICK HERE

Copyright Photo: Marcelo F. De Biasi. Boeing 737-8EH PR-GTF (msn 34279) in the special 10 Anos (10 Years) color schemes taxies at Sao Paulo (Guarulhos).


Gol files a new request to operate regular scheduled flights to the United States

Gol Linhas Aéreas Inteligentes S.A. (Gol Transportes Aereos) (Sao Paulo) has announced that it has submitted to the Brazilian Civil Aviation Agency (ANAC) a formal request to operate regular flights in routes connecting Brazil to the United States, with one stop in Santo Domingo. These flights will be operated by Next Generation Boeing 737 aircraft.

They are expected to begin at the end of the year. If approved, the plan will consist of two daily flights between Brazil and the United States with a stop in Santo Domingo. One flight will depart from São Paulo (Guarulhos International Airport) and the other from Rio de Janeiro (Galeão International Airport). The flights will arrive in Santo Domingo (Las Americas Airport), where passengers will be transferred to flights to their final destinations, Orlando and Miami.

Gol is awaiting all the necessary authorizations before disclosing any details about the new operation, including information about fares, services and products.

Copyright Photo: Bernardo Andrade. Boeing 737-8EH PR-GTY (msn 34273) prepares to taxi to the runway at Santos Dumont Airport in Rio de Janeiro.

Gol Transportes Aereos: 

Gol orders 60 Boeing 737 MAX aircraft

Gol Linhas Aereas Inteligentes (Gol Transportes Aereos) (Sao Paulo) has placed an order for 60 737 MAX airplanes with Boeing. Gol plans to use the new super-efficient 737 MAX to increase operational efficiency and reduce costs.

The order is valued at approximately $6 billion at published list prices making it the largest order in GOL’s 12-year history and the largest airplane order from a single airline in South America’s aviation history.

Equipped with new LEAP-1B engines from CFM International and improvements such as the Advanced Technology winglet, the 737 MAX reduces fuel burn and CO2 emissions by 13 percent and maintains the 8 percent operating cost advantage over future competition. This order puts the 737 MAX at 724 firm orders to date.

In just more than 11 years, Gol has established itself as one of the fastest growing low-cost, low-fare airlines in the world. Gol currently offers approximately 810 daily flights to 63 destinations in Brazil and 12 in South America and the Caribbean.

Copyright Photo: Marcelo F. De Biasi. The new Boeing 737 MAX aircraft will supplement and eventually replace the current Boeing 737-700 and 737-800 fleet. 737-8EH PR-GUA (msn 37601) climbs majestically away from downtown Santos Dumont Airport in Rio de Janeiro.

Gol Transportes Aereos: