GOL announces Investing.com second quarter 2024 profit results

sao paulo, August 14, 2024 /PRNewswire/—— GOL Linhas Airways Sensible SA (B3: GOLL4), one of many world’s main airways Brazil and a part of abra groupintroduced at present its consolidated outcomes for the second quarter of 2024 (2Q24). All info on this article is expressed in reals (R$), in accordance with Worldwide Accounting Requirements (IFRS) and adjusted indicators to check the present quarter with the identical interval within the earlier yr (second quarter 2023 and second half 2023 ) for comparability.

Highlights

GOL “Passenger Transport Enterprise”

• GOL is the world’s most punctual airline Brazil In 2Q24, it was additionally acknowledged June 2024 As essentially the most punctual airline latin america The “low-cost airline” rating first on this planet in punctuality, with an on-time efficiency index (OTP) of as excessive as 90.5%.
• GOL declares its sixteenth codeshare settlement, establishing an unique home route partnership with Azul. GOL has additionally resumed its relationship with South African Airways.
• Announcement of two new worldwide routes (Guarulhos–san jose and Guarulhos–Aruba) and resume two different routes that have been interrupted in the course of the epidemic (fortaleza–orlando and brasilia-Cancun), scheduled to start operations on the finish of 2024.
• In contrast with the identical interval in 2023, air seat kilometers (ASK) within the worldwide market elevated by 21.1% within the first half of 2024.

Smile Loyalty Program

• Smiles had its second-best quarterly income ever within the second quarter of 2024, rising 8.4% in comparison with the identical interval final yr.
• Within the first half of 2024, the variety of Smile clients elevated by 6.5%, with the Diamond, Gold and Silver buyer base rising by 54.6%, reinforcing Smile’s place as the biggest loyalty program in Embraer.
• Clube Smiles’ buyer base grew by 11.5% within the first half of 2024 in contrast with the identical interval in 2023.

GOLLOG「Freight enterprise

• In contrast with the identical interval in 2023, GOLLOG’s income elevated by 41.0% within the first half of 2024.
• In contrast with the identical interval in 2023, whole transportation quantity elevated by 39.5% within the first half of 2024.
• Within the first half of 2024, GOLLOG’s transport quantity associated to Mercado Livre’s freight enterprise elevated by 84.3% in comparison with the identical interval in 2023.

Complete Revenue Report
Go to the earnings launch and full monetary statements: www.voegol.com.br/ir

Investor Relations: ir@voegol.com.br

About GOL Linhas Aéreas Inteligentes SA
GOL is a number one home airline Brazil and a part of abra group. Since its institution in 2001, the corporate’s unit value has been the bottom within the nation latin americademocratizing air transport. The corporate has alliances with: American Airways (NASDAQ: ) and Air France-KLM, and gives its clients 18 codeshare and interline agreements, bringing larger comfort and easy connectivity wherever these companions serve. With the aim of “being everybody’s first”, GOL supplies passengers with the very best journey expertise, together with: the biggest variety of seats and larger seat spacing; the very best Web, film, and TV stay broadcast platforms; and the very best Frequent flyer program “Smile”. When it comes to cargo supply, Gollog delivers orders to totally different areas Brazil and overseas. The corporate has a group of 13,700 extremely certified aviation professionals centered on security. GOL ranks No. 1 in worth and operates a standardized fleet of 141 Boeing (NYSE: ) 737 plane. The corporate’s shares commerce on B3 (GOLL4). For extra info, please go to www.voegol.com.br/ir.