GOL reports 76.8% load factor in May 2018

GOL Linhas Aéreas Inteligentes S.A., (NYSE: GOL) (B3: GOLL4) has announced a total load factor of 76.8% in May 2018, 0.2 p.p. up over the same period of 2017, due to the growth in GOL´s total demand (RPK) of 0.7% in the period, the company said.

Other highlights include:

Total volume of GOL departures increased by 1.2% and the number of seats was up 1.9% in May, resulting in an increase in total supply (ASKs) of 0.4%.
GOL´s In the domestic market, volume of departures and number of seats increased by 2.1% and 2.9%, respectively over May 2017, resulting in an increase in GOL domestic supply (ASK) of 1.5%. GOL domestic demand (RPK) grew by 2.6%.
GOL´s domestic load factor was up 0.8 p.p. in comparison to the same month of the previous year, achieving 77.7%.
In May 2018, GOL´s international market supply (ASK) and demand (RPK) decreased by 9.2% and 16.5%, respectively, decreasing international load factor by 5.9 p.p. in relation to May 2017.

GOL serves more than 30 million passengers annually. With Brazil´s largest network, GOL offers customers more than 700 daily flights to 66 destinations in 10 countries in South America and the Caribbean. GOLLOG is a cargo transportation and logistics business serving more than 3,400 Brazilian municipalities and, through partners, more than 200 international destinations in 95 countries. SMILES is one of the largest coalition loyalty programs in Latin America, with over 13 million registered participants, allowing clients to accumulate miles and redeem tickets for more than 700 locations worldwide.