SAO PAULO, Aug. 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 its results for the second quarter of 2013 (2Q13).
Highlights
- GOL recorded an operating loss (EBIT) of R$35 million in 2Q13 resulting in a negative
margin of 1.8%, an improvement of R$320
million and 18 percentage points over 2Q12. In
the first half, GOL recorded a positive operating margin of
1.7%, in line with the margin projected for 2013, of between 1%
and 3%.
- PRASK (passenger revenue per available seat-kilometer)
totaled R$14.14 cents in 2Q13, 10.5%
up on 2Q12. This performance fueled the 7.5% year-over-year
upturn in RASK (operating revenue per available
seat-kilometer), which came to R$15.72
cents in 2Q13. The continuous monthly increase in PRASK
since April 2012 reflects the
Company's efforts in optimizing its offer and maximizing the
profitability of its routes.
- CASK (operating cost per available seat-kilometer)
totaled R$16.01 cents in the second
quarter, 8.4% down on the same period last year. Fuel costs per
ASK fell by 8.8%, primarily due to the 3.4% decline in the
per-liter fuel price and the use of a more fuel-efficient fleet.
CASK ex-fuel fell by 8% in the same period, chiefly impacted by the
reduction in personnel costs.
- SMILES' IPO during the quarter meant that the Company ended
2Q13 with its biggest ever quarterly cash position (cash, cash
equivalents, financial investments and short and long-term
restricted cash), totaling R$2.8
billion, equivalent to 34% of net revenue of the last
12 months (LTM).
For further information visit
www.voegol.com.br/ir
CONTACTS
INVESTOR RELATIONS
Phone: +55 (11) 2128-4700
E-mail: ri@golnaweb.com.br
Website: www.voegol.com.br/ir
Twitter: www.twitter.com/GOLinvest
CORPORATE COMMUNICATIONS
Phone: +55 (11) 2128-4183
E-mail: comcorp@golnaweb.com.br
Twitter: www.twitter.com/VoeGOLoficial
Blog: http://blog.voegol.com.br
ABOUT GOL LINHAS AEREAS INTELIGENTES S.A.
GOL Linhas Aereas 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.
SOURCE GOL Linhas Aereas Inteligentes S.A.