My Account Menu

CAPA Login


Register to trial CAPA Membership!

GOL leads strong day for North and South American airline shares

14-Feb-2011

GOL reported a 5.9% increase in demand across its route network for Jan-2011. The carrier has a consolidated load factor of 75.6%, while domestic load factors were 77.7%.

Shares in the carrier rose 4.4%. Elsewhere in Latin America, airline shares were up strongly, with shares in LAM Airlines up 4% and shares in TAM up 3.7%. Colombian carrier Copa was up 1.4%. The company announced it is now selling tickets and distributing information about promotions and offers via Facebook.

In the US, shares in LCC JetBlue rose 3.5%. The carrier reported traffic rose 5.1% in Jan-2011, while yield (revenue per available seat mile) shot up 13%. The carrier cut capacity by 2.6% over the month. As a result, load factor rose 5.9 percentage points to 80%.

Selected American airlines daily share price movements (% change): 11-Feb-2011

AAD


Want more analysis like this? CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find out more and take a free trial.