GOL Reports 80.3% Load Factor For February

March 7, 2022 12:30 PM | 1 min read |

Gol Linhas Aereas Inteligentes SA GOL reported preliminary air traffic figures for February 2022.
GOL's total demand (RPK) increased by 35.0%, and the load factor was 80.3%, a 0.5 p.p decrease compared to February 2021. Total supply (ASK) increased 35.8%.
In the domestic market, demand (RPK) for GOL's flights increased 30.9%, supply (ASK) increased by 31.2%, and the domestic load factor was 80.7%, a 0.1 p.p decrease compared to February 2021.
GOL's international supply (ASK) was 98 million, the demand (RPK) was 69 million, and the international load factor was 70.7%.
February seat occupancy rose 37.8%, and the number of departures increased by 37.1%.
Also Read: Seaport Global Downgrades These Airline Stocks Citing 'Energy Market Chaos'
Price Action: GOL shares traded lower by 13.3% at $5.11 on the last check Monday.

Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.