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Yes ______ No ___X___
GOL Presents PRASK Growth of 23% in September 2013 |
|
São Paulo, October 21, 2013 - GOL Linhas Aéreas 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 September 2013.
PRASK, Yield and Fuel Prices Net PRASK presented a 23% growth over September/12, while domestic supply reduced by 8.5% in the period, both compared to the same month last year. This is the 18th consecutive monthly PRASK increase, and demonstrates GOL’s efforts in continuously improving its products and focusing on the profitability of its routes. In 3Q13, PRASK recorded a 21% increase, leading to a 14% growth year-to-date in this same indicator. Net yield in September posted a 25% increase year-over-year, registering between R$21.7 and R$22.3 cents, result of the Company’s strategy of increasingly attracting high value clients. In the third quarter of 2013, yield recorded growth of 29%, while year-to-date the increase was of 18% when compared to the same period in 2012. Fuel prices* moved up by 7% in the month when compared to September/12. This is due to the depreciation of the Real against the Dollar in July and August reflected in the jet fuel price formation period, which carries a time lag. In 3Q13, fuel prices presented an increase of approximately 7%, to between R$2.43 and R$2.48, while year-to-date this increase was of approximately 5%. (*) Fuel price per liter considers total fuel and lubricant expenses divided by period consumption |
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GOL Linhas Aéreas Inteligentes S.A |
Traffic Report |
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OPERATING DATA |
September |
September |
% Chg. (YoY) |
August |
% Chg. (MoM) |
Total System |
|||||
ASK (mm) |
3,939.4 |
4,173.0 |
-5.6% |
4,119.8 |
-4.4% |
RPK (mm) |
2,821.2 |
3,049.0 |
-7.5% |
2,728.6 |
3.4% |
Load Factor |
71.6% |
73.1% |
-1.4 p.p |
66.2% |
5.4 p.p |
Domestic Market |
|||||
ASK (mm) |
3,513.6 |
3,841.8 |
-8.5% |
3,685.7 |
-4.7% |
RPK (mm) |
2,551.8 |
2,822.6 |
-9.6% |
2,467.0 |
3.4% |
Load Factor |
72.6% |
73.5% |
-0.8 p.p |
66.9% |
5.7 p.p |
International Market |
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ASK (mm) |
425.8 |
331.2 |
28.6% |
434.1 |
-1.9% |
RPK (mm) |
269.4 |
226.4 |
19.0% |
261.6 |
3.0% |
Load Factor |
63.3% |
68.4% |
-5.1 p.p |
60.3% |
3 p.p |
(*) Preliminary figures for September 2013; National Civil Aviation Agency (ANAC) figures for September 2012 and August 2013.
OPERATING DATA |
3Q13(*) |
3Q12(*) |
VAR.% |
Total System |
|
|
(YoY) |
ASK (mm) |
12,446.6 |
12,986.7 |
-4.2% |
RPK (mm) |
8,658.8 |
9,580.5 |
-9.6% |
Load Factor |
69.6% |
73.8% |
-4.2 p.p |
Domestic Market |
|
|
|
ASK (mm) |
11,049.4 |
11,875.7 |
-7.0% |
RPK (mm) |
7,761.2 |
8,820.4 |
-12.0% |
Load Factor |
70.2% |
74.3% |
-4 p.p |
International Market |
|
|
|
ASK (mm) |
1,397.2 |
1,111.0 |
25.8% |
RPK (mm) |
897.6 |
760.1 |
18.1% |
Load Factor |
64.2% |
68.4% |
-4.2 p.p |
(*) Preliminary figures for July 2013 and September 2013; National Civil Aviation Agency (ANAC) figures for the other periods.
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GOL Linhas Aéreas Inteligentes S.A |
Traffic Report |
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OPERATING DATA |
9M13(*) |
9M12(*) |
VAR.% |
Total System |
|
|
|
ASK (mm) |
36,954.5 |
39,481.1 |
-6.4% |
RPK (mm) |
25,198.9 |
27,781.2 |
-9.3% |
Load Factor |
68.2% |
70.4% |
-2.2 p.p |
Domestic Market |
|
|
|
ASK (mm) |
32,816.6 |
36,325.1 |
-9.7% |
RPK (mm) |
22,675.6 |
25,703.4 |
-11.8% |
Load Factor |
69.1% |
70.8% |
-1.7 p.p |
International Market |
|
|
|
ASK (mm) |
4,138.0 |
3,155.9 |
31.1% |
RPK (mm) |
2,523.3 |
2,077.8 |
21.4% |
Load Factor |
61.0% |
65.8% |
-4.9 p.p |
(*) Preliminary figures for July 2013 and September 2013; National Civil Aviation Agency (ANAC) figures for the other periods.
Domestic Market
In September, the supply reduction reached 8.5% the domestic market when compared to September/12. Year-to-date, this reduction totaled 11.8%.
The load factor in the domestic market reached 72.6% in September, a decrease of 0.8 percentage points over the same period in 2012. GOL continued to register a PRASK increase considerably higher than its supply reduction level, as demonstrated below.
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GOL Linhas Aéreas Inteligentes S.A |
Traffic Report |
|
International Market
In September, supply moved up by 28.6%, when compared to the same month in 2012, basically due to the introduction of the flights to Santo Domingo, Miami and Orlando in the end of 2012. Demand increased by 19.0% in the same period, mainly due to these new routes, while load factor decreased by 5.1 percentage points in the international market. The greater representativeness of our flights to Santo Domingo, where around 85% of our seats are available for sale in our 737-800 NG aircraft creates pressure on our load factor indicator. As per ANAC’s methodology, the load factor is calculated considering the aircraft’s total capacity.
Year-to-date, supply increased by 31.1% in the international market, with demand moving up by 21.4% in the same period and load factor decreasing 4.9 percentage points, for the same reason as described above.
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GOL Linhas Aéreas Inteligentes S.A |
Traffic Report |
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ABOUT GOL LINHAS AÉREAS INTELIGENTES S.A.
GOL Linhas Aéreas Inteligentes S.A. (BM&FBOVESPA: 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 under the GOL and VARIG brands, using a young, modern fleet of Boeing 737-700 and 737-800 Next Generation aircraft, the safest, most efficient and most economical of their type. The SMILES loyalty program allows members to accumulate miles and redeem tickets to more than 560 locations around the world via flights with foreign partner airlines. The Company also operates Gollog, a logistics service which retrieves and delivers cargo and packages to and from more than 3,500 cities in Brazil and six abroad. With its portfolio of innovative products and services, GOL Linhas Aéreas Inteligentes offers the best cost-benefit ratio in the market.
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GOL Linhas Aéreas Inteligentes S.A |
GOL LINHAS AÉREAS INTELIGENTES S.A. | ||
By: |
/S/ Edmar Prado Lopes Neto | |
Name: Edmar Prado Lopes Neto
Title: Investor Relations 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.