15-Nov-2010 2:48 PM
GOL revenue up 19.5% for three months ended Sep-2010
GOL revenue up 19.5% - financial highlights for the three months ended Sep-2010:
- Revenue*: USD1040.1 million, +19.5% year-on-year;
- Operating cost: USD931.2 million, +14.6%;
- Fuel: +19.5%;
- Labour: +12.4%;
- Operating profit: USD108.8 million, +88.9%;
- Net profit: USD64 million, +41.2%;
- Passenger numbers: 8.7 million, +17.6%;
- Load factor: 71.3%, +5.6 ppts;
- Break even load factor: 63.7%, +2.4 ppts;
- Yield: +2.4%;
- Operating revenue per ASK: USD8.97 cents, +5.3%;
- Operating cost per ASK: USD8.02cents, +0.8%. [more]
*Based on the conversion rate at USD1 = BRL1.72
GOL: "Even with growing demand in 3Q10, GOL' s yields reached 19.38 cents (R$) , 2.4% up year-on-year, chiefly due to the Company' s focus on profitability. The 23.3% upturn in demand on its combined route network was still substantial, even though it led to a reduction in market share," Source: Company statement, 12-Nov-2010.