GOL Linhas Aereas Inteligentes S.A. (BM & FBOVESPA: GOLL4; NYSE: GOL) has announced preliminary air traffic figures for the month of March, 2017, and comparisons to the same period of 2016, the airline said.
The total volume of departures GOL decreased by 4.7%, and the number of seats declined 4.5%, while supply increased 5.8% due to the 6.6% increase in the average stage length. Demand increased by 11.8% in the period. GOL´s load factor was 77.3% in March 2017, 4.1 p.p. up over the same period of 2016.
In the domestic market, GOL increased its supply by 6.8% in March over the same period the year before. Domestic demand increased by 13.2% in the month, and GOL achieved a load factor of 76.9%, 4.3 p.p. up over March 2016.
In March, GOL´s international market supply fell by 1.6%, while demand increased by 1.7% resulting in load factor of 80.5%, which represents growth of 2.6 p.p. in relation to the same period of 2016.
GOL was the most punctual airline in Brazil in March 2017, with 96.8% of its departures occurring at the scheduled time, according to Infraero data, and GOL performed more than 21,000 flights in the month. Infraero considers as delay in departure flights with departures exceeding 30 minutes.
Sao Paulo, Brazil-based GOL provides regular and non-regular flight transportation services for passengers, cargo, and mailbags in Brazil and internationally. The company operates in two segments, Flight Transportation and Smiles Loyalty Program. The company has a strategic partnership with Air France-KLM.