Gol said its 2006 net income increased 10.9% year-over-year to BRL569.1 million ($266.2 million) on revenue of BRL3.8 billion. Net income for the fourth quarter was BRL92.7 million despite an estimated BRL150 million in lost revenue from "external effects," specifically the ATC disruptions that "negatively impacted load factors and yields." Fourth-quarter operating income was BRL112.3 million as traffic jumped 43.7% to 4.12 RPKs on a 56% lift in capacity to 6.07 billion ASKs. CASK decreased ...

Subscribe to Access this Entire Article

"Gol's 2006 profit up 10.9% despite Brazil ATC disruptions" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.