GOL

NYSE to Commence Delisting Proceedings Against Gol Linhas Aéreas Inteligentes S.A. (GOL)

Retrieved on: 
Friday, January 26, 2024

The New York Stock Exchange LLC (“NYSE” or “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the American Depositary Shares (“ADSs”), each representing two Preferred Shares of Gol Linhas Aéreas Inteligentes S.A. (the “Company”) — ticker symbol GOL — from the NYSE.

Key Points: 
  • The New York Stock Exchange LLC (“NYSE” or “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the American Depositary Shares (“ADSs”), each representing two Preferred Shares of Gol Linhas Aéreas Inteligentes S.A. (the “Company”) — ticker symbol GOL — from the NYSE.
  • In reaching its delisting determination, NYSE Regulation noted the uncertainty as to the ultimate effect of this process on the value of the Company’s ADSs.
  • The Company has a right to a review of this determination by a Committee of the Board of Directors of the Exchange.
  • The NYSE will apply to the Securities and Exchange Commission to delist the Company’s ADSs upon completion of all applicable procedures, including any appeal by the Company of the NYSE Regulation staff’s decision.

GOL discloses preliminary traffic figures for October

Retrieved on: 
Friday, November 10, 2023

SÃO PAULO, Nov. 10, 2023 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), one of Brazil's largest domestic airlines, announces today preliminary air traffic figures for the month of October 2023, compared to the same period in 2022.

Key Points: 
  • SÃO PAULO, Nov. 10, 2023 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), one of Brazil's largest domestic airlines, announces today preliminary air traffic figures for the month of October 2023, compared to the same period in 2022.
  • |  GOL's total supply (ASK) decreased 1.2%, due to a 2.5% reduction in average stage.
  • Total seats increased 4.2% and the number of departures is up 3.1%.
  • |  GOL's domestic supply (ASK) and demand (RPK) increased by 1.0% and 4.7%, respectively.

GOL and Air France-KLM sign agreement to extend and enhance their commercial partnership

Retrieved on: 
Thursday, October 26, 2023

-    Commercial partnership initiated in 2014 to be extended for 10 years, with reciprocal exclusivity on traffic flows between Europe and Brazil.

Key Points: 
  • -    Commercial partnership initiated in 2014 to be extended for 10 years, with reciprocal exclusivity on traffic flows between Europe and Brazil.
  • -    Partnership also covers increased maintenance cooperation, with Air France Industries KLM E&M expanding its support to GOL's CFM56 and LEAP engines.
  • Air France-KLM and GOL Linhas Aéreas Inteligentes today announced that they have signed an agreement to extend and enhance their commercial partnership for the next 10 years.
  • Initially introduced in 2014 for a period of 5 years, the commercial partnership between Air France-KLM and GOL had already been renewed in 2019.

SAP Announces Q2 2023 Results

Retrieved on: 
Thursday, July 20, 2023

WALLDORF, Germany, July 20, 2023 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced its financial results for the second quarter ended June 30, 2023.

Key Points: 
  • SAP S/4HANA cloud revenue was up 74% to €823 million and up 79% at constant currencies.
  • Beyond that, Q2 IFRS operating profit growth benefitted from the restructuring expenses we reported in Q2 last year.
  • For details, please refer to section M in other disclosures in the Q2 2023 Quarterly Statement .
  • On April 26, 2023, SAP and HP Inc. announced an expansion of its strategic relationship as HP invested in the RISE with SAP solution to support its focus on driving digital transformation, portfolio optimization and operational efficiency.

Investor Update

Retrieved on: 
Friday, July 14, 2023

SÃO PAULO, July 13, 2023 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL e B3: GOLL4) ("GOL" or "Company"), Brazil's largest domestic airline, today provides an Investor Update on its expectations for the second quarter of 2023.

Key Points: 
  • SÃO PAULO, July 13, 2023 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL e B3: GOLL4) ("GOL" or "Company"), Brazil's largest domestic airline, today provides an Investor Update on its expectations for the second quarter of 2023.
  • The Company will discuss its 2Q23 results in a conference call on July 27, 2023.
  • GOL expects Loss Per Share (EPS) and Loss Per American Depositary Share (EPADS) for 2Q23 of approximately R$1.051 and US$0.451, respectively.
  • Total liquidity at quarter-end is expected to be at R$ 4.1 billion5.

GOL discloses preliminary traffic figures for April 2023

Retrieved on: 
Saturday, May 6, 2023

SÃO PAULO, May 5, 2023 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), Brazil's largest domestic airline, announces today preliminary air traffic figures for the month of April 2023, compared to the same period in 2022.

Key Points: 
  • SÃO PAULO, May 5, 2023 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), Brazil's largest domestic airline, announces today preliminary air traffic figures for the month of April 2023, compared to the same period in 2022.
  • GOL's international supply (ASK) was 343 million, the demand (RPK) was 255 million and international load factor was 74.4%.

GOL Linhas Aéreas launches Sabre Ancillary IQ

Retrieved on: 
Monday, March 13, 2023

SOUTHLAKE, Texas and SÃO PAULO, March 13, 2023 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, and GOL Linhas Aéreas, Brazil's largest domestic airline, today announced the carrier's successful implementation of Sabre Ancillary IQ™, an AI-based solution designed to help create personalized offers for travelers and drive incremental ancillary revenue opportunities for airline customers.

Key Points: 
  • SOUTHLAKE, Texas and SÃO PAULO, March 13, 2023 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, and GOL Linhas Aéreas, Brazil's largest domestic airline, today announced the carrier's successful implementation of Sabre Ancillary IQ™ , an AI-based solution designed to help create personalized offers for travelers and drive incremental ancillary revenue opportunities for airline customers.
  • Ancillary IQ supports airline retailing strategies by dynamically pricing individual ancillaries and enabling the creation of ancillary bundles.
  • The initial implementation of Ancillary IQ with GOL will focus on seats with additional ancillaries becoming available later this year.
  • In addition to the Sabre Ancillary IQ, GOL also relies on a broad portfolio of Sabre solutions to help manage airline operations and revenue including:

GOL discloses preliminary traffic figures for January 2023

Retrieved on: 
Tuesday, February 7, 2023

SÃO PAULO, Feb. 6, 2023 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), Brazil's largest domestic airline, announces today preliminary air traffic figures for the month of January 2023, compared to the same period in 2022.

Key Points: 
  • SÃO PAULO, Feb. 6, 2023 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), Brazil's largest domestic airline, announces today preliminary air traffic figures for the month of January 2023, compared to the same period in 2022.
  • GOL's international supply (ASK) was 1,175 million, the demand (RPK) was 396 million and international load factor was 77.5%.

GOL Announces 4Q22 Investor Update

Retrieved on: 
Wednesday, January 4, 2023

About GOL Linhas Aéreas Inteligentes S.A.

Key Points: 
  • About GOL Linhas Aéreas Inteligentes S.A.
    GOL is the largest airline in Brazil, leader in the corporate and leisure segments.
  • The Company's shares are traded on the NYSE (GOL) and the B3 (GOLL4).
  • None of GOL or any of its affiliates, officers, directors, employees and agents undertakes any duty or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by law.
  • Although GOL believes that the estimates and projections in these forward-looking statements are reasonable, they may prove materially incorrect and actual results may materially differ.

WestJet Connects to UATP One Merchant Services for Payment Processing

Retrieved on: 
Wednesday, December 14, 2022

WASHINGTON, Dec. 14, 2022 /PRNewswire/ --Global payment network UATP has announced that a portion of WestJet's payment processing is now being serviced through UATP One Merchant Services.

Key Points: 
  • WASHINGTON, Dec. 14, 2022 /PRNewswire/ --Global payment network UATP has announced that a portion of WestJet's payment processing is now being serviced through UATP One Merchant Services.
  • WestJet, an existing UATP Issuer, added UATP One to its product base, utilizing the partnership for acquiring capabilities and enhanced payment processing.
  • UATP One provides a wide range of payment solutions and customized reporting capabilities, as well as an indirect credit card processing solution that connects airlines to all 152 billing and settlement plans (BSP).
  • UATP connects airlines to Alternative Forms of Payment which can expand reach and generate incremental sales globally.