Tag Archives: CBF

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 introduces a new football logojet

Gol 737-800 WL PR-GUM (13-CBF)(Grd)(CBF)(LRW)

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.

CBF logo

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.”

Copyright Photo: Brazilian Soccer Federation (CBF).

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

Gol: AG Slide Show

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