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GOL 3Q2009 revenue down 16.3%, operating profit down 4%

10-Nov-2009 1:49 PM

GOL revenue down 16.3% - financial highlights for the three months ended 30-Sep-2009:

  • Revenue: USD880.4 million, -16.3% year-on-year;
  • Ancillary: USD134.2 million, +28.1%;
  • Operating costs: USD822.1 million, -17.0%;
    • Fuel: USD285.5 million, -35.2%;
    • Labour: USD163.5 million, +12.8%;
  • Operating profit: USD58.3 million, -4.3%;
  • Net profit: USD45.8 million, compared to a loss of USD300.4 million in the previous corresponding period;
  • Passenger numbers: 7.4 million, +22.7%;
  • Load factor: 65.7%, +5.7 ppts;
  • Breakeven load factor: 61.3%, +4.8 ppts;
  • Average fares: USD103.35, -36.1%;
  • Yield: USD 11.13 cents, -30.2%;
  • Passenger revenue per ASK: USD 7.31 cents, -23.6%;
  • Operating revenue per ASK: 8.62 cents, -18.8%;
  • Operating cost per ASK: USD 8.05 cents, -19.5%;
  • Operating cost per ASK ex-fuel: USD 5.29 cents, -5.4%. [more]
  • *Based on the conversion rate at USD1 = BRL1.70