Brazilian carrier Gol has reported year-on-year growth of 10% in passenger revenue per available seat kilometre (PRASK) in January.
The airline says this is the 10th consecutive increase since adopting a strategy to reduce capacity on the domestic market.
System-wide passenger traffic declined 12.7% in January, while total capacity fell 13.9%, resulting in a 1 percentage point increase in the load factor to 72.6%.
Domestic traffic fell 15.4% while capacity was down 17.8%. The domestic passenger load factor grew 2.1 percentage points to 73.5%.
International traffic grew 18.8 and capacity increased 34.2%. The international load factor decreased 8.6 percentage points to 65.9%.
Fuel prices for the month were up 18% year-on-year, adds the carrier.