Brazil’s Gol Airline Sees Bluer Skies for Its Operations

Gol Airlines from Brazil Brazilian airline Gol has just announced its preliminary traffic figures for May, 2009. According to the company management, Gol recorded in May its third successive monthly upturn in demand in its consolidated route network, when domestic passenger traffic (measured in RPK – revenue passenger kilometers) moved up by 5.3% over April 2009.

Gol cites among the reasons behind this result the company's leading position in terms of landings and departures in Brazil's main airports plus the introduction of new fare packages and the revitalization of mileage program Smiles.

In the same period, Gol expanded its supply of seats (measured in ASK – available seat kilometers) by 6.6% over the previous month, giving a total load factor of 58% – 60% on the domestic market and 47% on the international market. In comparison with May 2008, RPK fell by 19.3% due to the elimination of long-haul routes.

Gol says that it's maintaining its disciplined strategy in regard to market seat supply and revenue management, given that the second quarter is traditionally characterized by low demand. In addition, this year (exceptionally) there was a high concentration of holidays in April and therefore most of the low season fall-off was concentrated in May.

As a result, Gol's net yield in May remained above the 19.43 cents (R$) recorded in 2Q08, but well below the 23.27 cents (R$) registered in FY2008. In the first two months of 2Q09, yield was slightly below, but very close to, the 21.93 cents (R$) recorded in 1Q08.

On the international market, given the closure of intercontinental operations in 2008, Gol reduced its ASK by 51.2% over May 2008 and by 4.1% over April 2009.

In year-over-year terms, the load factor also experienced a decline, falling to 47.1% in May, chiefly due to the previously mentioned repositioning of the international network. In comparison with the previous month, the load factor fell by 3.6 percentage points, reflecting May's lack of extended holidays, given the more tourism-oriented profile of Gol's international network.

Tags:

You May Also Like

Biotechnology, Blessing and Curse for Poor Countries Like Brazil

Brazil and other developing countries pondering whether or how much to use genetically modified ...

US Group Comes to the Rescue of Penguins Stranded Off Brazil’s Coast

Over 1000 young penguins have washed-up either dead or dying along the Brazilian coast ...

Lethal Trend: 25% of the Vehicles in Brazil Are Motorcycles

Brazil’s Map of Violence 2012, Traffic Accidents, a document from  Instituto Sangari, found that ...

Brazil’s G20, the Poorest and the Rich Won’t Reach Accord Without New Language

The Hong Kong meeting of the WTO has amply illustrated how difficult it is ...

New US Study Shows Brazil as Agressive Foreign Investor

A new survey released this Monday, December 3, by the Columbia Program on International Investment ...

Brazilian Painted Faces Are Back, But Now in Favor of Government

Some 10,000 demonstrators marched Tuesday, August 16, in Brazil’s capital BrasÀ­lia to protest against ...

Brazil’s Eliane Elias Revisits Old Friend Jazz Great Bill Evans with Tribute

Pianist Bill Evans, one of the most influential jazz musicians of the 20th century ...

Best-seller Books, Plays and Movies

By RIO O Exercício (The Exercise)—How a couple of actors deal with their tension ...

How Brazil Is Getting Ready to Crush an Expected US Invasion of the Amazon

 Nothing better than to start the year trying to play a guess game: which ...

3% of Brazil Forest Get Green Seal Certification

Approximately 1.5 million hectares, equivalent to 3% of Brazil’s native forest, possess quality certificates, ...