Gol: ‘Demand will continue to recover as the vaccine roll-out progresses in Brazil’

    Gol CEO Paulo Kakinoff commented (18-Mar-2021) on 1Q2021 financial results, stating: “The Gol business model is the main differential for us in overcoming the challenges this crisis has posed to airlines”. He added: “Our single-type fleet operating model, low-cost structure with more variable components and dominant position in Brazil‘s high-density traffic hubs enable us to rapidly expand and contract routes to meet fluctuations in demand, while maintaining discipline in capacity and profitability”. He concluded: “We believe that the current market conditions, while difficult, are temporary, and that demand will continue to recover as the vaccine roll-out progresses in Brazil“. [more – original PR]

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