Brazil, GOL’s Demand Grows, Aims Improvement

Posted on June 14, 2011 • Filed under: Brazil, Business, Latin America Aviation

GOL Linhas Aereas Inteligentes S.A. (GOL – Analyst Report) recorded a y-o-y demand growth of 12.3% and 16.7% on its domestic and international route network, respectively. GOL’s total load factor reached 62.9% in May, up 5.0 percentage points year over year while yield remained close to R$19.00 cents. The company aims to improve aircraft productivity in order to leverage the global aviation demand. Read Article

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