Gol Linhas Aereas Inteligentes (Gol Linhas Aereas Inteligentes) Passenger Load Factor % : 0.00% (As of . 20)

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What is Gol Linhas Aereas Inteligentes Passenger Load Factor %?

Passenger Load Factor % is an indicator which measures the capacity utilization of airlines to assess how efficiently the airline fills seats and generates fare revenue.

Gol Linhas Aereas Inteligentes's Passenger Load Factor % for the annual that ended in Dec. 2023 was 82.00% , which is higher than 80.00% for the pervious year ended in Dec. 2022.

The historical rank and industry rank for Gol Linhas Aereas Inteligentes's Passenger Load Factor % or its related term are showing as below:

GOLLQ's Passenger Load Factor % is not ranked ^*
in the Transportation industry.
Industry Median:
* Ranked among companies with meaningful Passenger Load Factor % only.

Another nmeasurement related to load factor is Breakeven Load Factor %. It is the average percentage of seats that have to be filled on an average flight at current average fares for the airline's passenger revenue to break even with the operating expenses.

Gol Linhas Aereas Inteligentes's Breakeven Load Factor % for the annual that ended in Dec. 2023 was 82.00% , which is higher than 80.00% for the pervious year ended in Dec. 2022.

Gol Linhas Aereas Inteligentes Passenger Load Factor % Historical Data

The historical data trend for Gol Linhas Aereas Inteligentes's Passenger Load Factor % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Gol Linhas Aereas Inteligentes Passenger Load Factor % Chart

Gol Linhas Aereas Inteligentes Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Passenger Load Factor %

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Breakeven Load Factor %

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Competitive Comparison of Gol Linhas Aereas Inteligentes's Passenger Load Factor %

For the Airlines subindustry, Gol Linhas Aereas Inteligentes's Passenger Load Factor %, along with its competitors' market caps and Passenger Load Factor % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Gol Linhas Aereas Inteligentes (OTCPK:GOLLQ) Passenger Load Factor % Calculation

Passenger Load Factor % is calculated as

Passenger Load Factor %

Passenger Miles Travelled

Available Seat Miles

Gol Linhas Aereas Inteligentes (OTCPK:GOLLQ) Passenger Load Factor % Explanation

Passenger Load Factor % measures the percentage of available seating capacity that has been filled by passengers. A high load factor indicates that the airline has sold most available seats and is preferred over a low load factor.

The load factor helps investors and management determine how well an airline generates sales, covers expenses, and remains profitable. Since airlines have thin profit margins and high costs, a high load factor is essential to an airline’s success.

Another measurement of load factor is Breakeven Load Factor %, which is often used in strategic planning for airlines. An airline wishing to attract low-budget customers with cheap tickets will likely need a higher load factor to stay profitable and thus, may need aircraft designed to carry more passengers. The airline could also pursue high-quality service and customer experiences by charging more per ticket and offering fewer seats.

Gol Linhas Aereas Inteligentes Passenger Load Factor % Related Terms

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Gol Linhas Aereas Inteligentes (Gol Linhas Aereas Inteligentes) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Gol Linhas Aereas Inteligentes SA (OTCPK:GOLLQ) » Definitions » Passenger Load Factor %

Comparable Companies

Traded in Other Exchanges

GOQN:Germany GOLL4:Brazil

Address

S/N, Portaria 3, Jardim Aeroporto, Praca Comandante Linneu Gomes, Sao Paulo, SP, BRA, 04626-020

Website

https://www.voegol.com.br

Gol Intelligent Airlines Inc is a Brazilian airline company. It operates in two segments, flight transportation which offers air transportation services and the smiles loyalty program segment which includes redemption of miles traveled for purchasing flight tickets. The company's revenue derives from transporting passengers on aircraft. The company operate both domestic and international flights from which the majority of revenues come in from domestic operations.