Yields at Gol recover in November

Washington DC
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Yields at Brazilian carrier Gol have continued to recover in November, growing by about 9% in the month.

Yields came in at between 21 cents and 21.5 cents in Brazilian reals (11 and 14 cents), said the airline.

While the carrier posted an overall 3% growth in passenger traffic in November, demand on its international routes declined 18.5% year-on-year.

This was due to the return of three Boeing 767 aircraft that were chartered out for international flights, the withdrawal of flights to Bogota and the depreciation of the Brazilian real against the US dollar.

"In comparison with October, international demand fell by 10%, due to seasonality and the lower number of operational days between the months," said Gol.

Domestic traffic rose 5.4% due to higher demand during extended holiday periods during the month.

Overall capacity rose 6%, mostly due to higher fleet productivity, said Gol. The airline also launched new flights to Punta Cana, Santiago, Fortaleza and Rio Branco, although this was partly offset by the withdrawal of flights to Bogota and the return of the 767s.