GOL reports significant increase in corporate segment sales in Mar-2022

29 April, 2022

GOL reported (28-Apr-2022) net revenue from passenger transportation of BRL3 billion (USD607.37 million) in 1Q2022, compared to BRL1.4 billion (USD283.44 million) in 1Q2019. Mar-2022 sales exceeded Mar-2019 levels by 60%, boosted by a 63% increase in corporate segment sales and an increase in combined business and leisure travel. The figure was enhanced by an adjustment in ticket prices, driven by higher jet fuel prices. The company increased capacity by 14.7% sequentially over the period, with COO Celso Ferrer stating: "We strongly believe that this new network, carefully studied in recent months and being implemented as we speak, will position us to support ongoing demand growth - particularly in the corporate segment". [more - original PR]