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GOL Exercises 4 Options For B737-800  
User currently offlineKalakaua From United States of America, joined Jan 2004, 1516 posts, RR: 5
Posted (9 years 7 months 3 weeks 2 days 4 hours ago) and read 3006 times:

GOL Confirms Purchase of Four New Boeing 737-800 NG
SAO PAULO, Brazil--(BUSINESS WIRE)--Jan. 27, 2005 GOL Linhas Aereas Inteligentes S.A. (NYSE:GOL) (Bovespa:GOLL4), Brazil's low-fare, low-cost airline, confirms the exercise of four purchase options for 737-800 Next Generation, as announced in December 2004.

This transaction is part of an agreement signed in May 2004, when GOL announced the acquisition of up to 43 737-800 Next Generation aircraft. By exercising these four purchase options, the Company increases the firm orders to 21 aircraft to be delivered between 2006 and 2009. The total transaction is valued at approximately R$3.4 billion.

The confirmation of the exercise of four purchase options follows GOL's expansion plans, which launched its first international flight last December. "GOL intends to launch new destinations in 2005 and the purchase's confirmation of four new aircraft confirms the expansion of the Company," says David Barioni, GOL's Technical Vice-President. These new aircraft will have their performance optimized due to the fact that they will accommodate more travelers and also will serve certain destinations more frequently.

http://quote.bloomberg.com/apps/news?pid=conewsstory&refer=conews&tkr=BA:US&sid=aWESxR6fLqTE


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10 replies: All unread, jump to last
 
User currently offlinePPVRA From Brazil, joined Nov 2004, 8964 posts, RR: 39
Reply 1, posted (9 years 7 months 3 weeks 1 day 18 hours ago) and read 2921 times:

More updates on G3 (atwonline.com) :

Gol to grow 30% in 2005, sees ripe international opportunities
Dateline: Friday January 28, 2005

Brazilian low-cost carrier Gol expects to capture a 25% share of the domestic market this month as it continues its double-digit growth rate, CEO Constantino de Oliveira Jr. told an investors' conference yesterday in New York that also was webcast.

The airline, which currently operates 27 737s--a mix of dash 300s, dash 700s and dash 800s--plans to grow ASKs 30% this year through the addition of six leased aircraft. It has exercised options on four 737-800s as previously announced (ATWOnline, Dec. 17), bringing firm orders to 21 with 22 options.
De Oliveira said Gol plans to add four domestic cities this year while continuing its international expansion. Its first international route was launched in Dec. connecting Sao Paulo with Rio de Janeiro, and the service already has achieved breakeven results. It plans to launch service to Santa Cruz (Bolivia) in the first half of 2005 and has Montevideo and Asuncion on its radarscope as well.

Gol may be the most efficient airline in the world, averaging 25-min. turn times and achieving daily utilization of 14 block hr. with an average of 10.6 departures per aircraft. According to CFO Richard Lark, "30% of our aircraft fly 24 hours per day," with the back-of-the-clock flights priced low enough to pull people off Brazil's intercity buses.

Eighty percent of bookings are made online or via the airline's call centers. Approximately 50% of its traffic is continuing or connecting and 70% of passengers are traveling on business, according to Lark.--Perry Flint


http://www.atwonline.com/indexfull.cfm?newsid=4942

I think it's great they are giving bus companies a run for their money.

Cheers,

PPVRA



"If goods do not cross borders, soldiers will" - Frederic Bastiat
User currently offline747NUT From Australia, joined Sep 2004, 78 posts, RR: 0
Reply 2, posted (9 years 7 months 3 weeks 1 day 12 hours ago) and read 2864 times:

I currently work for ST Aerospace (Singapore) and we are doing a "C" check on a 737-800 that was received from ATA, and is on the way to GOL, I believe is being leased through GECAS


If it's not broken, don't fix it !
User currently offlineHardiwv From Brazil, joined Oct 2004, 8780 posts, RR: 49
Reply 3, posted (9 years 7 months 2 weeks 6 days 12 hours ago) and read 2804 times:

In the wake of VP's demise, GOL is growing in the Brazilian market and will expand international flights.

Rgs,


User currently offline777ER From New Zealand, joined Dec 2003, 12145 posts, RR: 17
Reply 4, posted (9 years 7 months 2 weeks 6 days 12 hours ago) and read 2798 times:
AIRLINERS.NET CREW
FORUM MODERATOR

Does GOL have any plans to add winglets to their B738 fleet?

User currently offlineHardiwv From Brazil, joined Oct 2004, 8780 posts, RR: 49
Reply 5, posted (9 years 7 months 2 weeks 6 days 11 hours ago) and read 2794 times:

777ER:

I think GOL plans to include winglets in a couple of its planes, since it will start flights to VVI in June/05. GOL has also applied for flights GRU-HAV, which is now under consideration with the Dep. of Civil Aviation. Would the 737NG with winglets manage to fly nonstop GRU-HAV? (4,000 mi).

Currently GOL has the biggest fleet of 737NG in LatAm (I think second is Copa); GOL is also the most profitable airline of the region and one of the most profitable airlines in the world. GOL has a fleet of 29 737NGs, serving 37 destinations.

http://www.voegol.com.br/

For corportate information:

http://www.mz-ir.com/gol/eng/


Rgs,


[Edited 2005-01-31 10:59:14]

User currently offline777ER From New Zealand, joined Dec 2003, 12145 posts, RR: 17
Reply 6, posted (9 years 7 months 2 weeks 6 days 10 hours ago) and read 2778 times:
AIRLINERS.NET CREW
FORUM MODERATOR

Thanks for the info Hardiwv

Regards


User currently offlineHardiwv From Brazil, joined Oct 2004, 8780 posts, RR: 49
Reply 7, posted (9 years 7 months 2 weeks 5 days 22 hours ago) and read 2725 times:

GOL's priority list for international destinations are: VVI, HAV, MVD, and SCL.

Rgs,


User currently offlineAirbrasil From Brazil, joined Nov 2003, 205 posts, RR: 1
Reply 8, posted (9 years 7 months 2 weeks 5 days 13 hours ago) and read 2667 times:

Gol is doing very well.. Finally something to be proud in Brasil... There were the days in which we could speak about Varig with proud.. Hopefully good days will come for all of them!

Airbrasil


User currently offlineErikwilliam From Brazil, joined Mar 2004, 2152 posts, RR: 11
Reply 9, posted (9 years 7 months 2 weeks 5 days 8 hours ago) and read 2646 times:

Yes indeed, I cann tell U made some money with GOL in Bovespa.
It´s a good company, with a strong market value and in a short short time will anoy TAM and RG.
Altough TAM has a diferent product, and better one, probably will have GOL and JJ fighting for the market and RG will have some solution that will provide JJ to have a more fair international competition.
VP is past, and I do hope for good.Companies with owners like that should never exist and the bosses in jail.

Does anyone knows the loads to EZE, I know that they reached the break-even of investments to the region already.

nice day.



Dida, Cafu, Lucio, Roque Junior, Roberto Carlo, Emerson, Ze Roberto, Ronaldinho, Kaka, Adriano, Robinho, Ronaldo
User currently offlinePANAM_DC10 From Australia, joined Aug 2000, 4162 posts, RR: 89
Reply 10, posted (9 years 7 months 2 weeks 3 days 10 hours ago) and read 2583 times:
AIRLINERS.NET CREW
COMMUNITY MANAGER

Today GOL have announced that they have taken an additional 20 Purchase Rights for 737-800s. This takes their original commitment from May 2004 to 63 frames of which 21 are firm orders.

Regards



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