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GOL Group Announces Traffic Statistics for June 2007
São Paulo, July 3, 2007 - GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4), the parent company of Brazils low-cost airlines GOL Transportes Aéreos S.A. (GTA, that operates the GOL brand) and VRG Linhas Aéreas S.A. (VRG, that operates the VARIG brand), today released preliminary passenger statistics for the month of June 2007. In the domestic market, the Groups load factor for the month was 71% and in the international market, the Groups load factor was 49%. The Groups total load factor for the month of June was 66%.
GTAs domestic passenger traffic (RPK) for June 2007 increased 26% and capacity (ASK) increased 38% year-over-year. Domestic load factor for the month was 72%. International passenger traffic (RPK) for June increased 99% and capacity (ASK) increased 169%. GTAs international load factor for the month was 49%. Total passenger traffic (RPK) increased 31% and capacity (ASK) increased 47% year-over-year. GTAs total load factor for the month was 69%. Average fares were reduced approximately 10% versus June 2006.
VRGs domestic passenger traffic (RPK) for June 2007 was 107 million and capacity (ASK) was 165 million. Domestic load factor for the month of June 2007 was 65%, an increase of one percentage point over May 2007. International passenger traffic (RPK) for June 2007 was 167 million and capacity (ASK) was 342 million. VRGs international load factor for the month was 49%. VRGs total load factor in June 2007 was 54%.
Operating Data | GTA | VRG | |||
June 2007 * |
June 2006 * |
Change (%) |
June 2007 * | ||
Total System | |||||
ASK (mm) (1) | 2,352.3 | 1,596.8 | 47.3% | 506.7 | |
RPK (mm) (2) | 1,613.3 | 1,235.1 | 30.6% | 274.2 | |
Load Factor (3) | 68.6% | 77.3% | -8.7 p.p. | 54.1% | |
Domestic Market | |||||
ASK (mm) (1) | 2,030.9 | 1,477.3 | 37.5% | 164.6 | |
RPK (mm) (2) | 1,454.4 | 1,155.1 | 25.9% | 106.9 | |
Load Factor (3) | 71.6% | 78.2% | -6.6 p.p. | 64.9% | |
International Market | |||||
ASK (mm) (1) | 321.4 | 119.5 | 169.0% | 342.1 | |
RPK (mm) (2) | 158.9 | 80.0 | 98.6% | 167.3 | |
Load Factor (3) | 49.4% | 66.9% | -17.5 p.p. | 48.9% |
( * ) | June 2007 - preliminary data; final data for June 2006. |
(1) | Available seat kilometers represents the aircraft seating capacity multiplied by the number of kilometers the seats are flown. |
(2) | Revenue passenger kilometers represents the numbers of kilometers flown by revenue passengers. |
(3) | Load factor represents the percentage of aircraft seating capacity that is actually utilized (calculated by dividing revenue passenger |
kilometers by available seat kilometers). |
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About GOL Linhas Aéreas Inteligentes S.A.
GOL Linhas Aéreas Inteligentes S.A. (GLAI) is the parent company of low-cost airlines GOL Transportes Aéreos S.A. (GTA, which operates the GOL brand) and VRG Linhas Aéreas S.A. (VRG, which operates the
VARIG brand). GTA and VRG offer daily flights to more destinations in Brazil than any other domestic airline while providing customers with the most convenient flight schedules in the country. The airlines operate a young, modern fleet of Boeing
aircraft, the safest and most comfortable aircraft of its class, with low maintenance, fuel and training costs, and high aircraft utilization and efficiency ratios. In addition to safe and reliable services, which stimulate brand recognition and
customer satisfaction, the Companys service is recognized as the best value proposition in the market. Growth plans include increasing frequencies in existing markets and adding service to additional markets in both Brazil and other
high-traffic travel destinations. Shares are listed on the NYSE (GOL) and the Bovespa (GOLL4) stock exchanges.
GOL Transportes Aéreos S.A. offers over 630 daily flights to 58 destinations connecting the most important cities in Brazil as well as the main destinations in Argentina, Bolivia, Chile, Paraguay, Peru and Uruguay. For more information on GOL flight times and fares, please access our site at www.voegol.com.br or call: 0300-789-2121 in Brazil, 0810-266-3131 in Argentina, 800-1001-21 in Bolivia, 0004 055 127 in Uruguay, 1 888 0042 0090 or 1230 020 9104 in Chile, 009 800 55 1 0007 in Paraguay, 0800 52 900 in Peru and 55 11 2125-3200 in other countries.
VRG Linhas Aéreas S.A. offers 90 daily flights to 11 destinations in Brazil: Brasília, Belo Horizonte, Curitiba, Fortaleza, Fernando de Noronha, Manaus, Porto Alegre, Recife, Rio de Janeiro, Salvador and São Paulo. VRG also offers 14 daily flights to four international destinations in South America and Europe: Buenos Aires, Bogotá and Caracas, in South America and Frankfurt, in Europe. For more information on VRG flight tables and fares, access our site at www.varig.com.br or call: 49 1803 33 43 53 in Germany, 54 11 4329 9211 in Buenos Aires (Monday - Friday), 0810 32182744 in other areas of Argentina (Monday - Friday), or 54 11 5480 8017 9 in all areas of Argentina (Saturday - Sunday and Holidays), 4003-7000 in Brazil, 57 1 350 7100 in Colombia, 34 91 754 7014 in Spain, 1 800 468 2744 or 1 800 GO VARIG in the USA and Canada, 33 1 70 48 00 58 in France, 44 207 660 0341 in England, 39 023 859 1250 in Italy.
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CONTACT: GOL Linhas Aéreas Inteligentes S.A.
Investor Relations | Corporate Communications |
Ph: (5511) 3169 6800 | Ph: (5511) 3169 6967 |
E-mail: ri@golnaweb.com.br | E-mail: |
Site: www.voegol.com.br/ir | comunicacaocorporativa@golnaweb.com.br |
Media Brazil & Latin America | Media U.S. & Europe |
MVL Comunicação; D. Barbará and E. | Edelman; G. Juncadella and M. Smith |
Oliveira | Ph: +1 (212) 704-4448 / 704-8196 |
Ph: (5511) 3049-0349 / 0341 | E-mail:gabriela.juncadella@edelman.com; |
E-mail: daniela.barbara@mvl.com.br; | meaghan.smith@edelman.com |
eduardo.oliveira@mvl.com.br |
This release contains forward-looking statements relating to the prospects of the business, estimates for operating and financial results, and those related to growth prospects of GOL. These are merely projections and, as such, are based exclusively on the expectations of GOLs management concerning the future of the business and its continued access to capital to fund the Companys business plan. Such forward-looking statements depend, substantially, on changes in market conditions, government regulations, competitive pressures, the performance of the Brazilian economy and the industry, among other factors and risks disclosed in GOLs filed disclosure documents and are, therefore, subject to change without prior notice.
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GOL LINHAS AÉREAS INTELIGENTES S.A. |
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By: |
/S/ Richard F. Lark, Jr.
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Name: Richard F. Lark, Jr.
Title: Executive Vice President Finance, Chief Financial Officer |
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will a ctually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.