SOURCE GOL Linhas Aereas Inteligentes S.A.
PRASK Up 14% and Yield Up 17% in February/2013
SAO PAULO, March 13, 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, announces air traffic preliminary figures of February 2013.
Net passenger revenue per available seat-kilometer (PRASK) grew by 14% over February 2012*. On a year to date comparison, PRASK reached 12%. This was the fourth consecutive double-digit increase in PRASK since the sharp decline in domestic capacity in recent months and 11th increase consecutive month. The Company reaffirms its commitment to bring rationality to the supply in the domestic market.
Net yields increased by 17%, to between 23.0 and 23.5 cents (R$).
Fuel prices in February** climbed by 16% year-on-year.
(*) 2012 RPK adjusted in accordance with operating data recalculated based on the current DCA Manual.
(**) The per-liter fuel price considers total fuel and lubricant expenses divided by period consumption.
Domestic supply in February recorded a substantial 19.2% year-on-year decline, chiefly due to the halting of operations with 737-300 aircraft (end of Webjet's activities) and the rerouting of domestic capacity to international operations.
The domestic market load factor declined by 0.9 percentage points (p.p.) over February 2012 to 64.9%. Demand dropped 20.3% from February 2012.
International market supply grew by 29.7% over February 2012, fueled by the daily operations to Santo Domingo and the United States (Miami and Orlando). In the same period, demand climbed by 10.1%.
The international load factor fell by 10.2 p.p., due to the maturation period of the new routes which began operating at the end of 2012.
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ABOUT GOL LINHAS AEREAS INTELIGENTES S.A.
GOL Linhas Aereas Inteligentes S.A. (Bovespa: GOLL4 and NYSE: GOL), the largest low-cost and low-fare airline in Latin America, offers around 970 daily flights to 65 destinations in 10 countries in South America, Caribbean and the United States.
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