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Press Release
GOL Announces April 2009 Traffic Figures
São Paulo, May 8, 2009 GOL Linhas Aéreas Inteligentes S.A. (Bovespa: GOLL4 and NYSE: GOL), Brazils low-cost airline, today released its preliminary traffic figures for April 2009.
Managements Comments
Demand on GOLs route network increased for the second consecutive month, mainly due to three extended holidays in April - Easter, Tiradentes Day and Labor Day (while Labor Day was officially May 1, the Friday holiday promoted travel on April 30). Given only Tiradentes Day was celebrated in April 2008 (Easter and Labor Day did not occur in April last year), there is a slight variation in monthly air traffic seasonality. Historically, the second quarter experiences lower demand as it is the only quarter with no peak holiday periods.
Domestic Market | ||
Demand on GOLs route network increased for the second consecutive month, fueled by the periods three extended holidays. |
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In comparison with April 2008, domestic passenger traffic (RPK) fell by 14.8% and capacity (ASK) by 5.9%. The domestic occupancy rate (load factor) stood at 60%, versus 51% for the international market and 59% for the GOL system as a whole. | ||
The Company maintained strict control over ASKs and continued with its previously announced revenue generation proposal, resulting in a net yield for April 2009 substantially higher than the R$19.43 centavos recorded in 2Q08, yet slightly less than the R$ 23.27 centavos registered in 2008 as a whole. It worth noting that yield in April 2008 was slightly down on the 2Q08 figure. |
Operating Data | April 2009 * | April 2008 * | % Chg. (YoY) | March 2009 * | % Chg. (MoM) | |||||
Total System | ||||||||||
ASK (000) (1) | 3,088.6 | 3,650.2 | -15.4% | 3,246.2 | -4.9% | |||||
RPK (000) (2) | 1,811.6 | 2,305.6 | -21.4% | 1,782.2 | 1.6% | |||||
Load Factor (3) | 58.7% | 63.2% | -4.5 pp | 54.9% | 3.8 pp | |||||
Domestic Market | ||||||||||
ASK (000) (1) | 2,627.7 | 2,792.1 | -5.9% | 2,762.2 | -4.9% | |||||
RPK (000) (2) | 1,577.8 | 1,851.9 | -14.8% | 1,571.5 | 0.4% | |||||
Load Factor (3) | 60.0% | 66.3% | -6.3 pp | 56.9% | 3.2 pp | |||||
International Market | ||||||||||
ASK (000) (1) | 460.9 | 858.1 | -46.3% | 484.0 | -4.8% | |||||
RPK (000) (2) | 233.8 | 453.7 | -48.5% | 210.8 | 10.9% | |||||
Load Factor (3) | 50.7% | 52.9% | -2.1 pp | 43.5% | 7.2 pp | |||||
International Market
International ASKs in April fell by 46.3% year-over-year, mainly due to the Companys decision to cease intercontinental operations in 2008. When compared to March 2009, the 4.8% reduction in international ASKs, reflected the recent repositioning of GOLs international route network to improve productivity.
The Companys international load factor fell 50.7% in April, when compared to the previous year, due to the aformentioned adjustments to the international route network. International load factor increased 7.2 percentage points when compared to March 2009, reflecting the high number of extended holidays in Aprils and, to a lesser extent, the Companys recent reduction in ASKs.
( * ) April 2009 - preliminary data; final data for April 2008.
(1) Available seat kilometers represents the aircraft seating capacity multiplied by the number of kilometers the seats are flown.
(2) Revenue passenger kilometers represents the numbers of kilometers flown by revenue passengers.
(3) Load factor represents the percentage of aircraft seating capacity that is actually utilized (calculated by dividing revenue passenger kilometers by available seat kilometers).
CONTACT: | About GOL Linhas Aéreas Inteligentes S.A. | |
Investor Relations | GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4), Brazils low-cost airline, offers around 800 daily flights to 49 destinations that connect all the important cities in Brazil and ten major destinations in South America. The Company operates a young, modern fleet of Boeing 737 Next Generation aircraft, the safest and most comfortable of its class, with high aircraft utilization and efficiency levels. The Companys service is recognized as the best value proposition in the market. | |
Leonardo Pereira - CFO and IRO | ||
Rodrigo Alves - IR Manager | ||
Tel.: (11) 2128-4700 | ||
E-mail: ri@golnaweb.com.br | ||
Website: www.voegol.com.br/ri | ||
Corporate Communication | ||
Tel.: (11) 2128-4413 | This release contains forward-looking statements relating to the prospects of the business, estimates for operating and financial results, and those related to growth prospects of GOL. These are merely projections and, as such, are based exclusively on the expectations of GOLs management concerning the future of the business and its continued access to capital to fund the Companys business plan. Such forward-looking statements depend, substantially, on changes in market conditions, government regulations, competitive pressures, the performance of the Brazilian economy and the industry, among other factors and risks disclosed in GOLs filed disclosure documents and < I>< FONT color="#808080">are, therefore, subject to change without prior notice. | |
comcorp@golnaweb.com.br | ||
Media Relations | ||
FSB Comunicações (Brasil) | ||
Erica Arruda | ||
Tel.: (11) 2128-4420 | ||
erica.arruda@fsb.com.br | ||
Edelman (USA and Europe): | ||
M. Smith and N. Dean | ||
Tel.: 1 (212) 704-8196 / 704-4484 | ||
meaghan.smith@edelman.com or | ||
noelle.dean@edelman.com |
GOL LINHAS AÉREAS INTELIGENTES S.A. |
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By: |
/S/ Leonardo Porciúncula Gomes Pereira |
|
Name: Leonardo Porciúncula Gomes Pereira
Title: Executive Vice-President and Chief Financial Officer |
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will a ctually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.