GOL Linhas Aereas Inteligentes S.A. operates in the Air transportation, scheduled sector.
In addition to historical fundamental analyses, the complete report available to purchase compares GOL Linhas Aereas Inteligentes S.A. with three other
airlines in Latin America:
Controladora Vuela Compania De Aviacion Sa De Cv
of MEXICO
(2020
sales of 22.16 billion Mexican Pesos [US$1.10 billion]
of which 100%
was Airlines),
Azul SA
(5.74 billion Brazilian Reals [US$1.08 billion]
of which 100%
was Air Transport), and
Grupo Aeromexico SAB de CV
which is
based in MEXICO
(28.52 billion Mexican Pesos [US$1.42 billion]
of which 81%
was Passenger Transportation).
Sales Analysis.
Sales were up sharply during the second
quarter of 2021 versus the previous year's second quarter.
During the second
quarter of 2021, sales at GOL Linhas Aereas Inteligentes S.A. totalled
1.03 billion Brazilian Reals.
This is
an increase of 187.4%
from the 357.85 million Brazilian Reals in sales at the company during the second quarter of 2020.
This was the biggest same quarter rise in sales at GOL Linhas Aereas Inteligentes S.A. in the previous 35 quarters.
During the first two
quarters of 2021, sales totalled 2.60 billion Brazilian Reals, which is
25.9% lower
than through the first two quarters of 2020.
GOL Linhas Aereas Inteligentes S.A. reported sales of 6.37 billion Brazilian Reals (US$1.19 billion)
for the
year ending
December of 2020.
This
represents
a
sharp
decrease of 54.0%
versus 2019, when the company's sales were 13.86 billion Brazilian Reals.
Contributing to the drop in overall sales was the 54.8% decline
in Flight Transportation, from 13.06 billion Brazilian Reals to 5.90 billion Brazilian Reals.
There were also decreases in sales in
Smiles Loyalty Program (down 45.5% to 572.92 million Brazilian Reals)
.