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GOL Gets 66th Aircraft  
User currently offlineHardiwv From Brazil, joined Oct 2004, 8780 posts, RR: 50
Posted (7 years 5 months 1 week 6 days 14 hours ago) and read 1788 times:

Yesterday GOL received its 66th aircraft (B737-800WL PR-GIQ) which landed in its maintenance base in CNF.

Here is GOL's newest addition: http://www.airliners.net/open.file/1148754/M/

The aircraft will be painted in GOL maintenance facility in CNF.

In 2007 GOL will get another 17 aircraft. Confirmed deliveries are as follows:

Boeings 737-8EH/SFP(WL): 14 planes (from PR-GTL to PR-GTZ, except PR-GTS)
Boeing 737-85F(WL): ex-PP-VSA will become PR-GIP
Boeing 737-86N(WL): ex-TC-SUC will become PR-GIQ

TAM got this weekend its 100th bird, but the way GOL is growing TAM better watch out. Some aviation specialist estimate that GOL could overtake TAM in 2 year (domestic market only).

Rgs,

12 replies: All unread, jump to last
 
User currently offlineLipeGIG From Brazil, joined May 2005, 11420 posts, RR: 58
Reply 1, posted (7 years 5 months 1 week 6 days 13 hours ago) and read 1765 times:
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I really believe Gol will become number 1 on domestic even in 2008. Their plans should give them a strong advantage against Tam.

Not to forget they keep very profitable, and seems that the first three months of 2007 could bring them even better results than in 2006.

Felipe



New York + Rio de Janeiro = One of the best combinations !
User currently offlineHardiwv From Brazil, joined Oct 2004, 8780 posts, RR: 50
Reply 2, posted (7 years 5 months 1 week 5 days 14 hours ago) and read 1672 times:

Quoting LipeGIG (Reply 1):
I really believe Gol will become number 1 on domestic even in 2008

At current growth rate, GOL will be number 1 in South America, taking over TAM.

Let's now wait when GOL will start to make orders of wide-body aircraft and start intercontinental services, I believe this is not going to take long before GOL makes a formal order of B77W. Would they then introduce a miles program and business class? Interesting because most LCCs do not operate wide-body - again, GOL models is different and certainly there is a niche here.

Quoting LipeGIG (Reply 1):
Not to forget they keep very profitable, and seems that the first three months of 2007 could bring them even better results than in 2006.

100% correct.

Rgs,


User currently offlineN328KF From United States of America, joined May 2004, 6483 posts, RR: 3
Reply 3, posted (7 years 5 months 1 week 5 days 14 hours ago) and read 1661 times:

Is this counting the hull loss? Has GOL placed a replacement order?


When they call the roll in the Senate, the Senators do not know whether to answer 'Present' or 'Not guilty.' T.Roosevelt
User currently offlineLipeGIG From Brazil, joined May 2005, 11420 posts, RR: 58
Reply 4, posted (7 years 5 months 1 week 5 days 13 hours ago) and read 1634 times:
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Quoting N328KF (Reply 3):
Is this counting the hull loss? Has GOL placed a replacement order?

In fact they leased a 737-800 to replace PR-GTD, already received and flying.

Quoting Hardiwv (Reply 2):
I believe this is not going to take long before GOL makes a formal order of B77W. Would they then introduce a miles program and business class? Interesting because most LCCs do not operate wide-body - again, GOL models is different and certainly there is a niche here.

This is IMO why Gol needs Varig. Varig could be "The Brand" for international flights, allowing Gol to offer both products (high level longhaul and low cost domestic) becoming a player on the longhaul market also. And they have credit, cash available (US$ 1 billion in cash) and they can even issue more shares to raise capital. With US$ 3 billion (1/3 cash, 1/3 new capital and 1/3 debt) they could buy a nice fleet of 772 and 77W.
And i'm sure Boeing will do the best to help Gol to become a strong player as it means more future orders.
So, the possible synergy of Gol/Varig is higher than the US$ 400 million they will need to buy Varig.

Felipe



New York + Rio de Janeiro = One of the best combinations !
User currently offlineLongHaul67 From Norway, joined Jan 2007, 248 posts, RR: 1
Reply 5, posted (7 years 5 months 1 week 5 days 13 hours ago) and read 1619 times:

Any chance that domestic in air fares in Brazil will go down given this formidable growth in capacity? When comparing GOL's prices to LCC carriers in Europe they always come out more expensive pr mile flown.

User currently offlineLipeGIG From Brazil, joined May 2005, 11420 posts, RR: 58
Reply 6, posted (7 years 5 months 1 week 5 days 12 hours ago) and read 1616 times:
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Quoting LongHaul67 (Reply 5):
Any chance that domestic in air fares in Brazil will go down given this formidable growth in capacity? When comparing GOL's prices to LCC carriers in Europe they always come out more expensive pr mile flown.

In fact during the last 5 years the fares really go down in Brazil and probably will keep this trend. But due to the huge taxation, it's early to expect European or US prices on domestic flights in Brazil.

Felipe



New York + Rio de Janeiro = One of the best combinations !
User currently offlinePEET7G From Hungary, joined Jan 2007, 695 posts, RR: 0
Reply 7, posted (7 years 5 months 1 week 5 days 7 hours ago) and read 1557 times:

GOL is a winner, with the best single aisle sports car in the air GO GOL GO!!! I am after a party in Venice so please forgive my enthusiasm..... but there is no other single aisle like a 737 with winglets Big grin


Peet7G
User currently offlineLipeGIG From Brazil, joined May 2005, 11420 posts, RR: 58
Reply 8, posted (7 years 5 months 1 week 5 days 4 hours ago) and read 1505 times:
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Quoting PEET7G (Reply 7):
GOL is a winner, with the best single aisle sports car in the air GO GOL GO!!! I am after a party in Venice so please forgive my enthusiasm..... but there is no other single aisle like a 737 with winglets

I understood and agree !
And they are really a winner. From Setup to a US$ 5 billion market cap business in 5 years! And probably will be even more in 2 to 5 years ahead.

Felipe



New York + Rio de Janeiro = One of the best combinations !
User currently offlineBaron95 From United States of America, joined May 2006, 1335 posts, RR: 8
Reply 9, posted (7 years 5 months 1 week 5 days 2 hours ago) and read 1480 times:

Quoting LipeGIG (Reply 4):
With US$ 3 billion (1/3 cash, 1/3 new capital and 1/3 debt) they could buy a nice fleet of 772 and 77W.

Excuse me for asking LipeGIG, but why would they need that much cash to order a fleet of 777s? Certainly they would either lease or finance the birds, so not that much upfront cash is required (figure US$30M/plane tops). You are not suggesting they'd be placing an order for 100 777s are you?  Smile I'd love to see that as GOL is my favorite short-mid haul airline.



Killer Fleet: E190, 737-900ER, 777-300ER
User currently offlineLipeGIG From Brazil, joined May 2005, 11420 posts, RR: 58
Reply 10, posted (7 years 5 months 1 week 4 days 15 hours ago) and read 1403 times:
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Quoting Baron95 (Reply 9):
Excuse me for asking LipeGIG, but why would they need that much cash to order a fleet of 777s?

Probably they will do the same as with the 738SFP, buy first and after settle some sale lease-back. They do not need so much money for sure Baron, just to show that they can obtain a lot of money very easy.

Quoting Baron95 (Reply 9):
Certainly they would either lease or finance the birds, so not that much upfront cash is required (figure US$30M/plane tops). You are not suggesting they'd be placing an order for 100 777s are you?

Would be a fantastic fleet... but too much for Brazil nowadays, but if they really decide to go for these birds, i believe they could buy 20 to 30 frames.

Quoting Baron95 (Reply 9):
I'd love to see that as GOL is my favorite short-mid haul airline.

I would love to see them taking care of Varig brand... imagine a Gol on short/mid hauls and Varig as their long-haul provider... IMO it's a kind of strong alliance.

Felipe



New York + Rio de Janeiro = One of the best combinations !
User currently offlineHardiwv From Brazil, joined Oct 2004, 8780 posts, RR: 50
Reply 11, posted (7 years 5 months 1 week 4 days 15 hours ago) and read 1398 times:

Quoting LipeGIG (Reply 10):
I would love to see them taking care of Varig brand... imagine a Gol on short/mid hauls and Varig as their long-haul provider... IMO it's a kind of strong alliance.

Agree with you Lipe. GOL-RG link up would be perfect for GOL's international expansion. GOL already has a strong base in domestic and regional flights, and RG could provide them with the brand, conessions and slots for quick international operations. The problem, yet again, is RG administration. Would RG CEO allow such a take over by GOL?

Anyway, we should soon expect an announcement regarding a possible RG-LAN link-up. After LAN injected cash in RG I would say they have the upper hand in this process.

Quoting LipeGIG (Reply 4):
This is IMO why Gol needs Varig

All in all, it is RG that needs GOL and not the other way around. GOL is doing pretty well solo.

Rgs,


User currently offlineLipeGIG From Brazil, joined May 2005, 11420 posts, RR: 58
Reply 12, posted (7 years 5 months 1 week 4 days 15 hours ago) and read 1392 times:
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Quoting Hardiwv (Reply 11):
Would RG CEO allow such a take over by GOL?

Rumors that they will lost FRA rights as they change IATA codes (means New Varig become a new company, and should need to request slots and cannot use RG slots), and now those rumors about Varig is probably under selling process... it seems that they are trying to sell now with profit (seems that Gol offer US$ 250 million and Lan US$ 400 million) the company they paid less than US$ 50 million (not including the capital increase).

Quoting Hardiwv (Reply 11):
All in all, it is RG that needs GOL and not the other way around. GOL is doing pretty well solo

In a financial perspective, Gol also needs Varig. They know that the capacity to add offer without reducing their profits is not so huge, and also, if Lan take control over Varig, it will probably become a major competitor and will for sure drive Gol results down in their most profitable and key market, the Brazilian domestic operation.
Buying Varig could help Gol to obtain a better result than the current domestic interest rate, and also could be a strong way to improve their yields as it will help them keep improving loads without hurting results. And some long-haul routes like MIA are money makers. With Varig brand they can have access to the Premium seats market, something that i doubt the Gol brand could allow.
Synergy IMO is very strong.

Felipe



New York + Rio de Janeiro = One of the best combinations !
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