Tuesday, April 30, 2019

Goal registers profit of R $35.2 million in Q1

The Gol airline had net income of $35.2 million in the first quarter R, 83.7% drop on the R $215.6 million recorded in the same period last year. The result means the earnings attributable to shareholders, before minority interest. The profit for the first quarter was also well below the registered in the fourth quarter, when the company reported earnings of R $580 million. Already revenues increased 8.3% in the first quarter, compared to the previous year, reaching $3.2 billion, R the biggest of the company's history, driven by the growth of 7% in the number of passengers carried and the increased revenues with postal and excess baggage in the comparison. The occupancy rate increased 1.1 percentage point of GOL in the quarter, reaching 81.5%. Already the average fare increased by 1.3%, from $335 to R R $339, reported the own goal.
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