GOL discloses preliminary August traffic figures
SAO PAULO, Brazil - GOL Linhas Aéreas Inteligentes SA, Brazil's largest air transportation and travel services group, with annual revenues of R$10 billion, announces today preliminary air traffic fig
SAO PAULO, Brazil – GOL Linhas Aéreas Inteligentes SA, Brazil’s largest air transportation and travel services group, with annual revenues of R$10 billion, announces today preliminary air traffic figures for the month of August 2016 and the year-to-date. Comparisons refer to the same period of 2015.
• The volume of departures in the total system fell 20.0%, while the number of seats recorded a 19.6% decline in August. In the first eight months, these indicators fell by 16.1% and 16.0% respectively.
• In the domestic market, GOL reduced its supply by 5.4% in August and 6.3% year to date over the same periods the year before.
• Domestic demand declined by 2.7% in August, reaching a load factor of 78.2%, 2.1 p.p. up on August 2015. Until the month of August, domestic demand reduced by 7.5%, accompanied by a load factor of 77.9%.
• In August, GOL’s international market supply and demand fell by 25.3% and 24.2%, respectively, with load factor of 73.9%. Year to date, supply declined by 17.0% while demand decreased by 14.1%, reaching a load factor of 74.2%, up by 2.6 p.p.