Yields at Gol up 4% in January

Washington DC
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Yields at Brazilian carrier Gol rose 4% year-on-year to a range of between Brazilian reals 21.1 cents and 21.6 cents (12.3 cents and 12.6 cents) in January, with the airline expecting yields to continue improving in 2012.

Yields have been improving progressively, particularly on domestic routes flown mostly by business travellers, said the airline. "The company expects this scenario to continue in 2012," it added.

The airline's system-wide traffic declined 3.6% in January, while capacity rose 2.2%. As a result, load factors were down 4.2 percentage points to 70.4%.

Domestic traffic was down 1.8% and domestic capacity rose 6.9%. The domestic load factor fell 6.2 percentage points to 70%.

International traffic fell 18.9% while capacity declined 30.4%, leading to a 10.6 percentage point increase in international load factor to 74.5%.

WebJet, which is being acquired by Gol, posted a 19.5% increase in passenger traffic in January. Capacity rose 19.2%, resulting in a 0.2 percentage point growth in load factor to 80.5%.

On a consolidated basis, Gol and WebJet posted a 1% fall in passenger traffic and 4% growth in capacity. The consolidated passenger load factor fell 3.6 percentage points to 71.7%.