May 14, 2013

GOL records operating margin of 4.9% in 1Q13

GOL recorded an operating result of R$101m in 1Q13, accompanied by a margin of 4.9%, an increase of R$94m or 4.6 points, versus an operating result of R$7m in 1Q12, with a margin of 0.3%. Net revenue per available seat-kilometer (PRASK) reached R$15.46 in 1Q13, 12.4% up over 1Q12. This performance gave momentum to the annual increase of 9.1% in revenue per available seat-kilometer (RASK), which came to R$16.89 in 1Q13. Operating cost per available seat-kilometer excluding fuel costs (CASK ex-fuel) stood at 8.71 cents (R$) in 1Q13, remaining virtually flat in relation to the 8.63 cents (R$) recorded in 1Q12.



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