SÃO PAULO, July 5, 2018 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. (NYSE:GOL), Brazil's #1 airline, provides its Investor Update. The information below for the quarter ended in June 2018 is preliminary and unaudited.
Preliminary and Unaudited Projection
Ancillary Revenue (cargo and other)4
Average fuel price per liter
Average exchange rate
Passenger unit revenue (PRASK)²
Total Capacity – ASK
Total Capacity – Seats
June Quarter 2018
8.0% - 8.5%
1.0% - 1.5%
5.0% - 5.5% of total net revenues
~ R$270 million
R$2.79 - R$2.83
June Quarter 2018
vs. June Quarter 2017
Up 7.5% - 8.0%
1. 2Q17 results were adjusted in accordance with IFRS 15.
2. Considering the application of IFRS 15, 2Q17 PRASK was R$19.29 cents.
3. Excluding perpetual notes.
4. Considering the application of IFRS 15, 2Q17 Ancillary Revenue was 6.7% of total net revenues.
About GOL Linhas Aéreas Inteligentes S.A.
GOL serves more than 30 million passengers annually. With Brazil's largest network, GOL offers customers more than 700 daily flights to 66 destinations in 10 countries in South America and the Caribbean. GOLLOG is a leading cargo transportation and logistics business serving more than 3,400 Brazilian municipalities and, through partners, more than 200 international destinations in 95 countries. SMILES is one of the largest coalition loyalty programs in Latin America, with over 13 million registered participants, allowing clients to accumulate miles and redeem tickets for more than 700 locations worldwide. Headquartered in São Paulo, GOL has a team of more than 15,000 highly skilled aviation professionals and operates a fleet of 120 Boeing 737 aircraft, with a further 120 Boeing 737 MAX on order, delivering Brazil's top on-time performance and an industry leading 17 year safety record. GOL has invested billions of Reais in facilities, products and services and technology to enhance the customer experience in the air and on the ground. GOL's shares are traded on the NYSE (GOL) and the B3 (GOLL4). For further information, visit www.voegol.com.br/ir.
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SOURCE GOL Linhas Aéreas Inteligentes S.A.
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