Breaking News
Get 45% Off 0
🎯 Trump Tariffs Hit Markets: Here's What Smart Investors Should Consider
Recession-Resistant Stocks

Gol Linhas Traffic Rises, Load Factor Falls In February

By Zacks Investment ResearchStock MarketsMar 09, 2020 09:17PM ET
www.investing.com/analysis/gol-linhas-traffic-rises-load-factor-falls-in-february-200514890
Gol Linhas Traffic Rises, Load Factor Falls In February
By Zacks Investment Research   |  Mar 09, 2020 09:17PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
 
RYAAY
+6.61%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
SAVEQ
+2.79%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
GOL
+0.00%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
AZUL
+7.23%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

Gol Linhas Aereas Inteligentes S.A.’s (NYSE:GOL) reported mixed traffic numbers for February, 2020. Domestic demand and supply increased on a year-over-year basis despite sluggish performance on the international front. Moreover, consolidated load factor (% of seats filled by passengers) declined in the month.

Traffic Statistics in Detail

Consolidated traffic, measured in revenue passenger kilometers (RPK), moved up 7.2% to 3.4 billion. While international RPK declined 3.3%, domestic RPK rose 9.1% in February.

On a year-over-year basis, consolidated capacity (measured in available seat kilometers/ASKs) increased 7.7% to approximately 4.2 billion. While international capacity contracted 3.2%, domestic capacity expanded 9.9%.

Internationally, volumes of departures and seats increased 14.3% and 11.5%, respectively, on a year-over-year basis. On the domestic front, volumes of departures and seats rose 10.4% and 8.7%, respectively.

Meanwhile, since capacity expansion outweighed traffic increase consolidated load factor decreased 40 basis points to 80.7%.

Zacks Rank & Key Picks

GOL Linhas carries a Zacks Rank #3(Hold).

Some better-ranked stocks in the Zacks Airline industry are Azul S.A. (NYSE:AZUL) , Spirit Airlines, Inc. (NYSE:SAVE) and Ryanair Holdings plc (NASDAQ:RYAAY) , each sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Azul has trailing four-quarter positive earnings surprise in excess of 100%, on an average. The carrier reported lower-than-expected earnings per share (EPS) in one of the last four quarters and beat estimates in the other three.

Spirit Airlines has trailing four-quarter positive earnings surprise of 2.8%, on average. The carrier reported in line EPS in one of the last four quarters and beat the consensus mark in the other three.

Ryanair has trailing four-quarter positive earnings surprise of 56.3%, on average. The carrier reported lower-than-expected EPS in one of the last four quarters and beat the Zacks Consensus Estimate in the other three.

Just Released: Zacks’ 7 Best Stocks for Today

Experts extracted 7 stocks from the list of 220 Zacks Rank #1 Strong Buys that has beaten the market more than 2X over with a stunning average gain of +24.7% per year.

These 7 were selected because of their superior potential for immediate breakout.

See these time-sensitive tickers now >>



Ryanair Holdings PLC (RYAAY): Free Stock Analysis Report

Gol Linhas Aereas Inteligentes S.A. (GOL): Free Stock Analysis Report

Spirit Airlines, Inc. (SAVE): Free Stock Analysis Report

AZUL SA (AZUL): Free Stock Analysis Report

Original post

Gol Linhas Traffic Rises, Load Factor Falls In February
 

Related Articles

Gol Linhas Traffic Rises, Load Factor Falls In February

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Apple
Continue with Google
or
Sign up with Email