This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

GOL Announces PRASK Grows 11% YTD And 11% In June, Year Over Year

SAO PAULO, July 16, 2013 /PRNewswire/ --  GOL Linhas Aereas Inteligentes S.A. (BM&FBOVESPA: GOLL4 and NYSE: GOL), (S&P: B, Fitch: B-, Moody's: B3), the largest low-cost and low-fare airline in Latin America, hereby announces its preliminary air traffic figures for June 2013.

PRASK, Yield and Fuel Prices

Net PRASK moved up by 11% in June over the same month last year, even at a lowest level of supply reduction (-1.3% in the same period). In the second quarter of 2013, PRASK increased approximately 10% and, over the semester, it increased by 11% (YoY).

Net yield increased by 11% over June 2012 to between 21.0 and 21.4 cents (R$). In the second quarter and year-to-date terms, net yield grew by 13%.

The fuel price fell by 8% year-on-year in June. In the first quarter and year-to-date, it declined by around 4% and increased by approximately 4%, respectively, over the same periods in 2012.

Domestic Market

In June, GOL continued with its strategy of optimizing domestic supply, which fell by 4.2% year-on-year due to the discontinuation of Webjet's operations. The lower reduction was due to the fact that the adjustment in supply began in April 2012.

International Market

International supply moved up by 31.7% over June 2012, chiefly due to the daily flights to Santo Domingo, Miami and Orlando that began at the end of last year, while demand increased by 23.1% for the same reason.

The Company will host a conference call regarding its traffic result as follow:

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs