SÃO PAULO, Nov. 13,
2024 /PRNewswire/ -- GOL Linhas Aéreas
Inteligentes S.A. (B3: GOLL4), one of the leading airlines in
Brazil and part of the ABRA Group,
announced today its consolidated results for the third quarter of
2024 (3Q24). All information herein is presented in Brazilian Reais
(R$), unless otherwise noted, in accordance with international
accounting standards (IFRS), with adjusted metrics made available
to enable comparison of this quarter (3Q24) with the third quarter
of 2023 (3Q23) and the first nine months of 2024 (9M24) to the same
period of the previous year (9M23).
Highlights
GOL – Passenger Business
- #1 low-cost airline in the world in on-time performance for the
fourth consecutive month and, for the seventh consecutive month,
the leader in on-time performance in Brazil.
- 20.9% increase in capacity in the 3Q24, measured in seat
kilometers offered (ASK), compared to the previous quarter (+6.7%
3Q24 vs 3Q23), in line with our capacity recovery plan.
- Folha Top of Mind 2024 award winner for the eighth consecutive
year, showcasing GOL as the airline most remembered by
Brazilians.
GOL continues to expand its international footprint. New
international route Brasília-Bogotá scheduled to start in
February 2025, in addition to the
return of direct flights between Rio de
Janeiro and Montevideo and
the launch of the Brasília-Buenos
Aires route.
Smiles – Loyalty Program
- The program celebrated its 30th year with more than
1.1 million customers subscribed to the Smiles Club, GOL's
subscription service, a 9.3% growth (3Q24 vs 3Q23).
- 14.4% growth in Smiles' total sales year-over-year (3Q24 vs
3Q23) and 7.1% growth in the year-to-date 2024 compared to 2023
(9M24 vs 9M23).
- Total customers reached 23.6 million, a 6.6% growth (3Q24 vs
3Q23), reinforcing Smiles as the largest loyalty program among
Brazilian airlines.
- Smiles more than doubled the volume of miles redeemed outside
of air travel products in the 3Q24 vs 3Q23, reinforcing its
strategy of being the most complete travel platform.
GOLLOG – Cargo Business
- 33.7% increase in GOLLOG sales of the 9M24 (vs 9M23).
- 38.4% growth in total tons transported in the 9M24 (vs
9M23).
- 84.4% expansion in the Mercado Livre cargo operation of the
9M24 (vs 9M23).
FULL EARNINGS RELEASE & PRESENTATION
Access the
earnings release, presentation and full financial statements at:
www.voegol.com.br/ir
3Q24 Conference Call: November 13,
2024, 07:30 am (New York time; US EDT), broadcast via
webcast
(https://mzgroup.zoom.us/webinar/register/WN_l5HqtO24Tj2-gMqUhiwcBA#/registration).
Investor Relations: ir@voegol.com.br
About GOL Linhas Aéreas Inteligentes S.A.
GOL is a leading domestic airline in Brazil and part of Abra Group. Since it was
founded in 2001, the Company has the lowest unit cost in
Latin America, democratizing air
transportation. The Company has alliances with American Airlines
and Air France-KLM and provides eighteen codeshares and interline
agreements to its Customers, bringing more convenience and simple
connections to any place served by these partnerships. With the
purpose of "Being the First for All," GOL offers the best travel
experience to its passengers and the best frequent-flyer program,
Smiles. In cargo transportation, Gollog delivers orders to
different regions in Brazil and
abroad. The Company has a team of 13,900 highly qualified aviation
professionals focused on Safety. GOL's #1 value and operates a
standardized fleet of 138 Boeing 737 aircraft. The Company's shares
are traded on the B3 (GOLL4). For further information, go to
www.voegol.com.br/ri.
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SOURCE GOL Linhas Aéreas Inteligentes S.A.