GOL Linhas Aereas Inteligentes (GOL) Reports Increase in August Traffic
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GOL Linhas Aereas Inteligentes S.A. (NYSE: GOL), the largest low-cost and low-fare airline in Latin America, announces its preliminary traffic figures for August 2009.
In August 2009, GOL recorded a 6.9% year-on-year increase in air traffic demand, due to the following factors: (i) the increased supply and improved distribution of seats due to the merger of GOL and VRG's operations in 4Q08; (ii) the higher number of B737 aircraft in the fleet; (iii) the recovery of yields and the reduction in promotions, thanks to the renewed predominance of business trips in August following the end of the July holiday season; and (iv) the continued revitalization of the SMILES program.
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In August 2009, GOL recorded a 6.9% year-on-year increase in air traffic demand, due to the following factors: (i) the increased supply and improved distribution of seats due to the merger of GOL and VRG's operations in 4Q08; (ii) the higher number of B737 aircraft in the fleet; (iii) the recovery of yields and the reduction in promotions, thanks to the renewed predominance of business trips in August following the end of the July holiday season; and (iv) the continued revitalization of the SMILES program.
[SM]
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