RYAAY - GOL Linhas expects Q4 capacity growth of 100% and revenue growth of ~130% sequentially
GOL Linhas Aéreas Inteligentes' (GOL) current capacity planning scenario assumes 100% growth in 4Q20 vs. 3Q20.The company operated ~376 daily flights in Ocotber, reaching peaks of 500 daily flights, serving 95% of the market.The company expects to end December with an average of 94 aircraft operating in the network, representing more than 75% of the operating fleet in the same period last year, maintaining a consistent load factor of ~80% in the quarter. In 4Q20, the company estimates an average operating fleet of 92 aircraft, which will represent 78% of the average fleet operated in the same quarter last year.Q4 revenue is expected to increase ~130% vs. Q3 and expenses to decrease by ~16% Y/Y, due to initiatives to reduce costs, lower capacity and fuel consumption. The company expects around R$2.4B in liquidity and R$13.1B in adjusted net debt at the end of Q4. Metrics for 1Q21:The company has highest
For further details see:
GOL Linhas expects Q4 capacity growth of 100% and revenue growth of ~130% sequentially