GOL,VRG Place Wrong Bet On Demand In February

摘要

Brazilian sister carriers GOL and VRG (Varig) together increased systemwide capacity some 64.2% from February 2007 to February 2008 but saw their loads fall as traffic failed to keep pace with the additional seats. Systemwide revenue passenger kilometers jumped 35.6% year over year to 2.12 billion, while available seat kilometers in the month stood at 3.55 billion. Load factor plunged 12.6 percentage points to 59.7%. Domestic traffic was up 17% on 37.9% more seat offer, resulting in an 11.1 percentage point decline in loads to 61.7%.