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Stock impact report

GOL - Investor Update

Gol Linhas Aereas Inteligentes S.A. Sponsored ADR representing 2 Pfd Shares (GOL) 
US:NYSE Investor Relations: ir.voegol.com.br
Company Research Source: PR Newswire
SAO PAULO, April 9, 2019 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), Brazil's premier domestic airline, provides its Investor Update. The information below for the quarter ended in March 2019 is preliminary and unaudited. For comparison purposes, the results for the first quarter 2018 results were adjusted in accordance with IFRS 16.Overall Commentary¹GOL expects an EBITDA margin for the quarter of 29% to 30%, an increase in relation to the quarter ended in March 2018 (28%). Passenger unit revenue (PRASK) for the first quarter is expected to be up approximately 3% year over year. For the quarter ended in March, GOL expects unit revenue (RASK) to increase approximately 3%.Non-fuel unit costs (CASK ex-fuel), are expected to increase by approximately 3% in relation to the first quarter of the prior year, primarily due to the depreciation of the Brazilian real in the year-over-year comparison.GOL's financial leverage, as measured by the Net Debt3/LTM EBI Show less Read more
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