GOL SWOT ANALYSIS: GOL profitable in 3Q2009; expecting improved yields and demand moving forward

Latin America’s largest LCC, GOL Linhas Aéreas Inteligentes, posted its third consecutive quarter of profitability in 3Q2009, with a net profit of USD46 million, a turnaround from a USD301 million net loss in the previous corresponding period. [2690 words]

CAPA Members Login Username: Password: Remember details

Instantly get access to this article now for USD20.00. or If you've already bought this article, you can view it by typing your Article Key:

This report contains the following subheadings:

• STRENGTHS: Continued profitability, reduced cost base, stronger ancillaries and strengthened cash balance
• WEAKNESSES: Yield weakness and large fleet  
• OPPORTUNITIES: A massive recovery in Brazilian air travel demand expected
• THREATS: Azul gets off to a good start
• Outlook: Aiming for profitability in 2009 by focusing on growing domestic market

This report contains the following charts and tables:

• GOL financial highlights for three months ended 30-Sep-2009 
• GOL share price growth: Jan-2009 to Nov-2009
• GOL operating margin 1Q2007 to 3Q2009
• GOL aircraft fuel expenses as a portion of total operating expenses: 1Q2007 to 3Q2009 
• GOL cost per ASK (BRL) breakdown and year-on-year change: 3Q2008 vs 3Q2009
• GOL ownership breakdown before Global Share Offering
• GOL ownership breakdown after Global Share Offering
• GOL operating fleet plan 2009 to 2014 (year-end): Sep-2009
• GOL operating fleet plan 2009 to 2014 (year-end): Sep-2009
• GOL 2009 and 2010 Consolidated Guidance: Jun-2009