Kalakaua From United States of America, joined Jan 2004, 1516 posts, RR: 5 Posted (9 years 5 months 3 weeks 6 days 23 hours ago) and read 2972 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.
PPVRA From Brazil, joined Nov 2004, 8942 posts, RR: 40
Reply 1, posted (9 years 5 months 3 weeks 6 days 13 hours ago) and read 2887 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
Hardiwv From Brazil, joined Oct 2004, 8780 posts, RR: 50
Reply 5, posted (9 years 5 months 3 weeks 4 days 6 hours ago) and read 2760 times:
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.
Erikwilliam From Brazil, joined Mar 2004, 2152 posts, RR: 12
Reply 9, posted (9 years 5 months 3 weeks 3 days 3 hours ago) and read 2612 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.
Dida, Cafu, Lucio, Roque Junior, Roberto Carlo, Emerson, Ze Roberto, Ronaldinho, Kaka, Adriano, Robinho, Ronaldo