Gol Spreads Its Brazilian Wings Through South America

Brazilian low cost airline Gol is beginning flights to Bolivia next Monday November 7 and to Montevideo, Uruguay and Asuncion, Paraguay before the end of 2005, announced company officials in São Paulo.

Gol, which flies under the "low cost, low rates" system said the hub for the air link with Santa Cruz, Bolivia, will be Campo Grande, Mato Grosso do Sul state, and from there to the rest of Brazil.

A spokesperson for the company also revealed that last May Gol was authorized to begin regular commercial flights to Montevideo and Asunción, the capitals of Mercosur smaller country members.

"We expect to be flying to these new international destinations before the year is over".

The Uruguay and Paraguay operations are a further step in the South American continent expansion policy of Gol airlines which already includes 41 air links between Brazil and Argentina.

Uruguay with 3.4 million population and a US$ 14 billion GDP is the third country in the region with most air traffic with Brazil totaling 252.000 passengers in 2003 equivalent to 10,6% of all passenger traffic between Brazil and the rest of South America. Paraguay with a 5.8 million population and 145.000 passengers traffic with Brazil in 2003 ranks fifth.

Gol finances are also encouraging with profits reaching US$ 62 million in the third quarter, 42,6% over the same period in 2004 and 88,3% higher than the second quarter. Net revenue in the third quarter was US$ 310 million, a 37% expansion over the third quarter of 2004.

With the incorporation of four additional Boeing 737, totaling a fleet of 39, the supply of seats increased 56,4% in the third quarter. The company has plans to acquire another three aircrafts by the end of the year.

"We’ve made flying popular, we’ve extended the "Gol effect" to Brazil and South America by expanding our business, with technological innovation, operational efficiency, quality service and a disciplined control of costs and rates", said the company’s CEO Constantino de Oliveira Junior.

This article appeared originally in Mercopress – www.mercopress.com.

Tags:

You May Also Like

Brazil Calls US Bluff on All This Free Trade Stuff Bravado

On April 20th 2010, a Memorandum of Understanding (MoU) was signed between the two ...

Amazon Rubber Farmers from Brazil Have Global Plans

A group of rubber farmers from the cities of Machadinho do Oeste and Vale ...

Brazilian Air Force Says It’s Premature to Blame US Pilots for Boeing Crash

In an official note,  the FAB (Brazilian Air Force) and ANAC (National Agency of ...

Brazil’s Embraer Hands JetBlue First of 101 Jets

Brazilian aircraft manufacturer Embraer delivered today its first Embraer 190 to American airline JetBlue ...

Orson Welles’ Youth’s Folly in Brazil

The story that so much interested filmmaker Orson Welles, was the tale of four ...

The Guarani-Kaiowa Indians of Mato Grosso do Sul, Brazil

Brazilian Court Evicts Indians from Their Traditional Land

A federal court of Mato Grosso do Sul issued a writ of entry in ...

Together with Cuba and China, Brazil Owes Billions to Paris Club

The Paris Club of creditor nations disclosed this week for the first time ever ...

Victorian Times Are Back on the Feet of Brazilian Women

Queen Victoria, who ruled the United Kingdom from 1837 to 1901, was of worldwide ...

Brazilian Days of Honduras’s Fallen President Zelaya Are Almost Over

Porfirio Lobo, Honduras’s president elect, said that as soon as he takes office, January ...

Free from US LatAm Learns to Get Free from Own Blindness, Brazil’s Lula Tells Chavez

Brazilian president Luiz Inácio Lula da Silva is back in Brazil after a trip ...