GOL Linhas Aéreas Inteligentes S.A. provides air passenger transportation services in Brazil, rest of South America, the Caribbean, and the United States. The company operates through Flight Transportation and Smiles Loyalty Program segments. It also offers cargo transportation and logistics services. In addition, the company provides Smiles loyalty programs with approximately 18.2 million members, allowing clients to accumulate and redeem miles. It operates a fleet of 120 Boeing aircraft with 750 daily flights to approximately 100 destinations. GOL Linhas Aéreas Inteligentes S.A. was founded in 2000 and is headquartered in São Paulo, Brazil.
IPO Year: 2004
Exchange: NYSE
Website: voegol.com.br
Date | Price Target | Rating | Analyst |
---|---|---|---|
9/5/2024 | Reduce → Hold | HSBC Securities | |
1/30/2024 | Hold → Reduce | HSBC Securities | |
12/12/2023 | Hold → Sell | Deutsche Bank | |
11/29/2023 | Neutral → Sell | Citigroup | |
11/7/2023 | Buy → Neutral | Seaport Research Partners | |
8/15/2023 | $4.20 | Buy → Neutral | Citigroup |
7/11/2023 | $4.80 → $5.65 | Buy → Neutral | Goldman |
6/15/2023 | $5.00 | Buy → Hold | Deutsche Bank |
6/13/2023 | Buy → Hold | HSBC Securities | |
3/20/2023 | Sell → Neutral | UBS |
LONDON, July 5, 2023 /PRNewswire/ -- Abra Group Limited, one of the largest and most competitive air transportation enterprises across Latin America, today announced the appointment of David W. Dickson (Dave) to its board of directors as an independent director. Dave will also serve as Chairman of the board's Audit Committee. Dave is an expert in airlines and loyalty programs, with more than 37 years of experience in professional services working in both audit and advisory capacities principally within the air transportation industry. He is a Retired Partner at EY (Ernst & Young LLP), Board Member at Green Africa Airways, and Principal at Global Economics Group. During his EY career Dave wor
SÃO PAULO, May 16, 2022 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. (NYSE:GOL) ("GOL" or "Company"), Brazil's largest domestic airline, today announced that its CEO, Paulo Kakinoff, will transition his role to become a member of the Board of Directors. Vice-president of Operations, Celso Ferrer, will be Kakinoff's successor as CEO effective July 1, 2022. "We are delighted to announce Celso Ferrer as CEO of Gol, Kakinoff said. Celso and I have worked side by side for more than seven years. He is an experienced and well-prepared executive; one of the most competent I have known in all my professional career." Serving as CEO since 2012, Kakinoff has led the Company through some of the i
SAO PAULO, Feb. 12, 2021 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. ("GOL") (NYSE: GOL and B3: GOLL4), Brazil's #1 domestic airline, pursuant to paragraph 4 of Article 157 of Law No. 6,404, dated December 15, 1976, as amended ("Brazilian Corporate Law"), CVM Instruction No. 358/2002 ("ICVM 358") and CVM Instruction No. 565/2014 ("ICVM 565"), hereby inform that, on the date hereof, a shareholders' meeting has been called to pass a resolution on the corporate reorganization (disclosed in GOL's material facts dated December 7, 2020 and January 18, 2021), as detailed below ("Reorganization"). 1. COMPANIES INVOLVED IN THE TRANSACTION AND THEIR ACTIVITIES 1.1. GOL (a) Identification. G
SÃO PAULO, Nov. 13, 2024 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. (B3: GOLL4), one of the leading airlines in Brazil and part of the ABRA Group, announced today its consolidated results for the third quarter of 2024 (3Q24). All information herein is presented in Brazilian Reais (R$), unless otherwise noted, in accordance with international accounting standards (IFRS), with adjusted metrics made available to enable comparison of this quarter (3Q24) with the third quarter of 2023 (3Q23) and the first nine months of 2024 (9M24) to the same period of the previous year (9M23). Highlights GOL – Passenger Business #1 low-cost airline in the world in on-time performance for the fourth co
SÃO PAULO, July 27, 2023 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. ("GOL" or "Company") (NYSE:GOL), the largest domestic airline in Brazil, today announced its consolidated results for the second quarter of 2023 (2Q23). While typically the seasonally weakest period of the year, performance in the second quarter confirmed ongoing improvement in operating efficiency and productivity, and positioned the Company to make even further gains as growth in air travel continues. All information in this release is presented in Reais (R$), in accordance with international accounting standards (IFRS) and with adjusted metrics, made available to enable comparison of this quarter with the same pe
SÃO PAULO, July 13, 2023 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. (NYSE:GOL) ("GOL" or "Company"), Brazil's largest domestic airline, today provides an Investor Update on its expectations for the second quarter of 2023. The information below is preliminary and unaudited. The Company will discuss its 2Q23 results in a conference call on July 27, 2023. Overall Commentary GOL expects Loss Per Share (EPS) and Loss Per American Depositary Share (EPADS) for 2Q23 of approximately R$1.051 and US$0.451, respectively.EBITDA margin for the quarter is expected to be approximately 21%.Passenger unit revenue (PRASK) for the second quarter is expected to be up approximately 9% year over year,
Recurring operating income of R$842 million and margin of 17.1% SÃO PAULO, April 26, 2023 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. ("GOL" or "Company") (NYSE:GOL), the largest domestic airline in Brazil, today announced its consolidated results for the first quarter of 2023 (1Q23). During the quarter, the Company concluded its tenth capital raise in the last three years, which led to a reduction of its short-term liabilities. The quarter also showed ongoing improvement in operating results which advanced GOL's recovery process, and positioned the Company to make even further gains as growth in air travel continues. All information in this release is presented in Reais (R$), in acc
SÃO PAULO, March 8, 2023 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. ("GOL" or "Company") (NYSE:GOL), the largest domestic airline in Brazil, today announced its consolidated results for the fourth quarter of 2022 (4Q22). During the quarter, the Company recorded its highest EBITDA since the beginning of the pandemic, resulting from Management's continued focus on achieving higher productivity by increasing yields, reducing unit costs excluding fuel, and improving fleet utilization. The combination of higher productivity with strong tourism demand resulted in a significant improvement in operating margins during the fourth quarter. All information in this release is presented in Reai
SÃO PAULO, Jan. 3, 2023 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. (NYSE:GOL) ("GOL" or "Company"), Brazil's largest airline, today provides an Investor Update on its expectations for the fourth quarter of 2022. The information below is preliminary and unaudited. The Company will discuss its 4Q22 results in a conference call on March 2, 2023. Overall Commentary GOL expects a Loss Per Share (EPS) and Loss Per American Depositary Shares (EPADS) for 4Q22 of approximately R$2.31 and US$1.21, respectively. EBITDA margin for the quarter is expected to be approximately 20%2. Passenger unit revenue (PRASK) for the fourth quarter is expected to be up approximately 20% year over year, driven
SÃO PAULO, Oct. 27, 2022 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. ("GOL" or "Company") (NYSE:GOL), Brazil's largest domestic airline, today announced its consolidated results for the third quarter of 2022 (3Q22). During this period, through its Executive Team acting assertively in managing capacity and increasing productivity, the Company recorded the highest yield in its history, the highest net operating revenue in a quarter and returned its ex-fuel unit costs to pre-pandemic levels. All information in this release is presented in Reais (R$), in accordance with international accounting standards (IFRS) and with adjusted metrics, made available to enable comparability of this qua
SÃO PAULO, Oct. 12, 2022 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. (NYSE:GOL) ("GOL" or "Company"), Brazil's largest airline, today provides an Investor Update on its expectations for the third quarter of 2022. The information below is preliminary and unaudited. The Company will discuss its 3Q22 results in a conference call on October 27, 2022. Comentário Geral GOL expects a Loss Per Share (EPS) and Loss Per American Depositary Shares (EPADS) for 3Q22 of approximately R$1.81 and US$0.71, respectively.EBITDA margin for the quarter is expected to be approximately 15%.Passenger unit revenue (PRASK) expected for the third quarter to be up approximately 45% year over year, boosted by th
SÃO PAULO, July 11, 2022 /PRNewswire/ -- A GOL Linhas Aéreas Inteligentes S.A. (NYSE:GOL) ("GOL" ou "Company"), Brazil's largest airline, today provides an Investor Update on its expectations for the second quarter of 2022. The information below is preliminary and unaudited. The Company will discuss its 2Q22 results in a conference call on July 28, 2022. Overall Commentary For 2Q22, GOL expects a Loss Per Share (EPS) and Loss Per American Depositary Shares (EPADS) of approximately R$1.801 and US$0.751, respectively. EBITDA margin for the quarter is expected to be approximately 10%2. Passenger unit revenue (PRASK) for the second quarter is expected to be up approximately 50% year over year, d
SÃO PAULO, April 11, 2022 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. (NYSE:GOL), ("GOL" or "Company"), Brazil's largest airline, today provides an Investor Update on its expectations for the first quarter of 2022. The information below is preliminary and unaudited. The Company will discuss its 1Q22 results in a conference call on April 28, 2022. Overall Commentary GOL expects a Loss per Share (EPS) and a Loss Per American Depositary Share (EPADS) for 1Q22 of approximately R$1.981 and US$0.781, respectively.EBITDA margin for the quarter is expected to be approximately 11%2, an increase compared to the quarter ended in March 2021 (-15.9%).Passenger unit revenue (PRASK) expected for th
UATP enables Copa Airlines to enhance security and provide more payment options to travelers with the addition of Paysafe's solutions WASHINGTON, Dec. 18, 2024 /PRNewswire/ -- Panama's leading airline, Copa Airlines, has partnered with UATP, the renowned global network enabling organizations to simplify payment processes. The partnership will integrate with Paysafe, a leading payments platform, through its SafetyPay solution, into Copa Airlines' payment offerings at Copa.com, enabling online cash payments, bank transfers, PIX instant payments and cross-border transactions for consumers worldwide.
The partnership expands UATP's presence in the Asia-Pacific market and provides EVA with a vital channel to business and corporate travel WASHINGTON, Dec. 11, 2024 /PRNewswire/ -- UATP, the global network simplifying payment, has partnered with EVA Air, a leading airline in Taiwan, to expand its Issuer network. The partnership enables EVA Air to issue new UATP accounts, a critical capability for driving growth in business travel and strengthening relationships with corporate clients worldwide. "EVA Air is a recognized leading brand in corporate travel, and we are pleased to pa
UATP's annual conference attracts travel industry leaders and global airlines, speaking and sponsorship opportunities available WASHINGTON, Nov. 14, 2024 /PRNewswire/ -- UATP, the global network simplifying payments and the annual host of Airline Distribution®, has opened registration for next year's conference. All those interested in attending can register here. Airline Distribution® 2025 will take place 18-20 March 2025, at the Anantara New York Palace Budapest Hotel in Budapest, Hungary. It is UATP's annual interactive conference that focuses on critical issues impacting t
SÃO PAULO, Nov. 13, 2024 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. (B3: GOLL4), one of the leading airlines in Brazil and part of the ABRA Group, announced today its consolidated results for the third quarter of 2024 (3Q24). All information herein is presented in Brazilian Reais (R$), unless otherwise noted, in accordance with international accounting standards (IFRS), with adjusted metrics made available to enable comparison of this quarter (3Q24) with the third quarter of 2023 (3Q23) and the first nine months of 2024 (9M24) to the same period of the previous year (9M23). Highlights GOL – Passenger Business #1 low-cost airline in the world in on-time performance for the fourth co
Partnership with Europe-focused BNPL leader increases the range of alternative forms of payment available to UATP Merchants WASHINGTON, Oct. 9, 2024 /PRNewswire/ -- UATP, the global network that enables organizations to simplify payment processes to expand their capabilities, has added installment payments innovator Floa as a new option for merchants. The partnership, slated to go live in Q4, will open up Floa well-established Buy Now Pay Later (BNPL) payment solutions, to UATP's Network. Floa BNPL solutions are a flexible form of short-term financing that allows consumers t
UATP's annual conference attracts travel industry leaders and global airlines, speaking and sponsorship opportunities available WASHINGTON, Sept. 17, 2024 /PRNewswire/ -- UATP, the global network that enables organizations to simplify payment processes to expand their capabilities and annual host of Airline Distribution®, has announced the date and location of next year's conference. Airline Distribution 2025 will take place on March 18-20, 2025, at the Anantara New York Palace Budapest Hotel in Budapest, Hungary. Registration will open soon. Airline Distribution is UATP's ann
The partnership brings together a globally recognized BNPL provider with the most trusted name in travel payments WASHINGTON, Sept. 10, 2024 /PRNewswire/ -- UATP, the global payment network that enables organizations to simplify payment processes and expand their payment capabilities, has announced a new partnership with Klarna, the AI-powered global payments network. The partnership allows airlines to offer Klarna's flexible payment services, including interest-free Buy Now Pay Later, providing customers with more flexible payment options for travel products and services. UA
Travel agencies utilising the company's W2 ticketing solution can now benefit from a more efficient, cost-effective payment solution to book airline tickets across the globe. WASHINGTON, Aug. 27, 2024 /PRNewswire/ -- GO7, a travel technology company dedicated to empowering travel brands, has partnered with UATP to improve payment options for travel agencies using its W2 ticketing solution. W2, a key part of GO7's solution suite, acts as the Airline Distribution provider, helping airlines generate additional revenue, resulting from global exposure and/or enhanced physical network. This collaboration allows travel agencies to easily use W2 e-Payment as a form of payment. W2 by GO7 is your glob
SÃO PAULO, Aug. 14, 2024 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. (B3: GOLL4), one of the leading airlines in Brazil and part of the ABRA Group, announced today its consolidated results for the second quarter of 2024 (2Q24). All information herein is presented in Reais (R$), in accordance with international accounting standards (IFRS) and with adjusted metrics, made available to enable comparison of this quarter with the same period of the previous year (2Q23 & 2H23). HIGHLIGHTS GOL – Passenger Business GOL was the most on-time airline in Brazil in the 2Q24, and was also recognized in June 2024 as the most on-time airline in Latin America and the number one "Low-Cost Carrier" in
WASHINGTON, Aug. 13, 2024 /PRNewswire/ -- UATP, the global payment network that enables organizations to simplify payment processes and expand their payment capabilities, today announced a new strategic partnership with Book on Wego (BOW), Wego's premier Online Travel Agency (OTA) platform. Through this partnership, BOW will extend the benefits of Wego's global footprint to a broader range of airlines and travel suppliers, ensuring seamless and secure transactions worldwide, thereby increasing efficiency. "We are committed to helping companies navigate the complexities of trav
HSBC Securities upgraded GOL Inteligentes S.A. (GOLLQ) from Reduce to Hold
HSBC Securities downgraded GOL Inteligentes S.A. (GOLLQ) from Hold to Reduce
Deutsche Bank downgraded GOL Linhas Aereas Inteligentes S.A. from Hold to Sell
Citigroup downgraded GOL Linhas Aereas Inteligentes S.A. from Neutral to Sell
Seaport Research Partners downgraded GOL Linhas Aereas Inteligentes S.A. from Buy to Neutral
Citigroup downgraded GOL Linhas Aereas Inteligentes S.A. from Buy to Neutral and set a new price target of $4.20
Goldman downgraded GOL Linhas Aereas Inteligentes S.A. from Buy to Neutral and set a new price target of $5.65 from $4.80 previously
Deutsche Bank downgraded GOL Linhas Aereas Inteligentes S.A. from Buy to Hold and set a new price target of $5.00
HSBC Securities downgraded GOL Linhas Aereas Inteligentes S.A. from Buy to Hold
UBS upgraded GOL Linhas Aereas Inteligentes S.A. from Sell to Neutral
6-K - Gol Intelligent Airlines Inc. (0001291733) (Filer)
SEC STAFF ACTION - Gol Intelligent Airlines Inc. (0001291733) (Filer)
6-K - Gol Intelligent Airlines Inc. (0001291733) (Filer)
25-NSE - Gol Intelligent Airlines Inc. (0001291733) (Subject)
6-K - Gol Intelligent Airlines Inc. (0001291733) (Filer)
6-K - Gol Intelligent Airlines Inc. (0001291733) (Filer)
6-K - Gol Intelligent Airlines Inc. (0001291733) (Filer)
6-K - Gol Intelligent Airlines Inc. (0001291733) (Filer)
6-K - Gol Intelligent Airlines Inc. (0001291733) (Filer)
6-K - Gol Intelligent Airlines Inc. (0001291733) (Filer)
SC 13G/A - Gol Intelligent Airlines Inc. (0001291733) (Subject)