GOL Reports 80.3% Load Factor For February

by Akanksha Bakshi, Benzinga Editor

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.

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