Gol reports a ‘big bump in sales’ and sustains growth with ‘steady increase in Oct-2020’

    Gol, in its monthly investor update for Oct-2020, announced (18-Nov-2020) consolidated gross sales for the month were BRL827 million (USD154.2 million) and the average load factor was 78%, in line with previous months. Gol CEO Paulo Kakinoff stated: “After the big bump in sales during Brazil‘s winter season, we sustained that growth with a steady increase in Oct-2020″. He added: “We expect sales to grow again this month ahead of a busy summer season and anticipate that we will end the year operating all destinations served pre-pandemic”. Mr Kakinoff concluded: “Any addition of capacity to our network must meet clear criteria of profitability to guarantee the sustainable resumption of operations”. [more – original PR]