GOL stabilises domestic load factor in Jan-09
It has been a long time coming, but Brazilian LCC, GOL, appears to be arresting the decline in its domestic load factor. There is still much work to do internationally, but massive capacity cuts are helping GOL to stabilise the situation. [595 words]
Unlock the following content in this report:
- To resume fuel hedging in 2Q09
- Interline agreements for 2009
Graphs and data:
- GOL domestic monthly passenger traffic (millions) and load factor (%): 12 months to 31-Jan-09 and 29-Feb-08
- GOL 2008 and 2009 guidance: Nov-08
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