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]
),
Azul SA
(5.79 billion Brazilian Reals [US$1.02 billion]
), and
Grupo Aeromexico SAB de CV
which is
based in MEXICO
(28.52 billion Mexican Pesos [US$1.42 billion]
).
Sales Analysis.
GOL Linhas Aereas Inteligentes S.A. reported sales of 6.37 billion Brazilian Reals (US$1.13 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)
.