Brazilian Gol Gets Nod as Aviation Week’s Best Performing Airline in the World

Brazilian Airline Gol was rated the world’s best performing airline in 2005 by Aviation Week & Space Technology (AWST). According to the magazine’s criteria, the Brazilian company scored 87 out of 99 possible points.

Gol’s performance was rated the best not only among companies in the same revenue category, between US$ 1 billion and US$ 4 billion, but also among the 70 companies surveyed overall by the American publication.  

Aviation Week takes into account a company’s operating performance, financial health and asset utilization – Gol’s aircraft utilization is approximately 14 hours a day.

"We are pleased that our low-cost, low-fare business model has been acknowledged as the best among the world’s carriers and will continue to provide our customers with safe, high quality services," says Constantino de Oliveira Junior, President and CEO of Gol.

Gol is one of the most profitable and fastest growing airlines in the industry worldwide. Gol operates a simplified fleet with a single class of service. It also has one of the youngest and most modern fleets in the industry that results in low maintenance, fuel and training costs, with high aircraft utilization and efficiency ratios.

Gol currently offers over 500 daily flights to 50 airports in Brazil, Argentina, Bolivia, Paraguay and Uruguay. Gol growth plans include increasing frequencies in existing markets and adding service to additional markets in both Brazil and other high-traffic South American travel destinations. Gol shares are listed on the NYSE and the Bovespa.

Gol – www.voegol.com.br

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Oil high prices made Argentina oil attractive

Argentina Would Like for Brazil to Explore Its Oil

Brazilian President Luiz Inácio Lula da Silva received the governor of the Argentine province ...

US’s Kraft and Brazil’s Sadia Join Forces

US company Kraft and Sadia S.A., a Brazilian food firm, have established a joint ...

Varig’s Eleven: 11 Bidders Interested in Bankrupt Brazilian Airline

Eleven companies have shown interest in acquiring the routes, planes and offices of Brazil’s ...

International Energy Agency Sees Brazil Pre-Salt Oil Findingd as Promising

The International Energy Agency in its just-released monthly report describes the Brazilian pre-salt petroleum ...

Brazil’s Seu Jorge Makes New York Sing Along

I must say that I wasn’t sure of what to expect when I entered ...

Brazilian Prison Gang Frees Reporter 24 Hours After Their Video is Shown on TV

A Brazilian reporter working for Globo, Brazil’s leading television network, has been freed nearly ...

US Calls Brazilian Economic Policy Extraodinary and Lula a Rare Leader

The US Secretary of the Treasury, John Snow, once again praised the Brazilian government’s ...

No Need to Despair. We Still Have Flamengo Football Club to Save Brazil.

The question that won’t go away: what national structure in Brazil will replace the ...

Middle East and Asia Lead Brazil to New Record in Chicken Exports

Once again the Middle East was the leading market for Brazilian chicken overseas. Exports ...

UN Says Death of Brazilian General in Haiti Does Not Change Peace Mission

The director of the United Nations (UN) Information Center in Brazil, Carlos dos Santos, ...