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Gol announces 8-10% domestic capacity reduction in 1H2013; estimates positive 1Q2013 result

26-Mar-2013 1:13 PM

GOL announced (25-Mar-2013) plans to reduce domestic capacity by 8-10% during 1H2013, in line with "the Company's strategy of supply rationalisation for 2013 and its goal of a minimum growth of 10% in RASK and the recovery of operating margins." The overall capacity reduction for 2013 will be "around" 7%, compared to 2012. GOL also estimates a positive operating result for 1Q2013, which should be "higher than in the same period last year". [more - original PR - Portuguese]