5-Apr-2017 8:07 AM
Gol expects operating margin of 12% in 1Q2017
Gol Linhas Aereas announced (04-Apr-2017) it expects an operating margin of 12%-12.5%, approximately a 4% year-on-year increase. PRASK declined by 3%-3.5% year-on-year offset by demand trends and higher load factor as the carrier's rational pricing, capacity discipline and revenue management strategies continue to benefit results. RASK is expected to decrease 1%-1.5%. CASK ex-fuel is expected to decline approximately 6% year-on-year. [more - original PR]