GOL passenger traffic up 14.5%, yield above expectations in May-2010

GOL passenger traffic up 14.5% - system traffic highlights in May-2010:

• Passenger traffic (RPKs): +14.5% year-on-year;
  • Domestic: +14.9%;
  • International: +11.5%;
• Load factor: 58.4%, +0.5 ppt;
  • Domestic: 58.8%, -0.8 ppt;
  • International: 55.3%, +8.2 ppts;
• Yield: USD 11.43 cents*, n/a. [more]

*Based on the conversion rate at USD1 = BRL1.88

GOL: "Since most trips in May are business-related and load factors are lower than in the rest of the year, yields maintained their upward trajectory, averaging BRL 21.50 cents, despite the seasonally weaker period. As a result, current yield levels are slightly above the Company's guidance, reflecting the dynamic fare management," Company statement. Source: GOL, 07-Jun-2010.