Gol, although it is facing "intense" price competition in the second quarter that has caused yields to decline, reaffirmed its financial outlook for 2005. The carrier said it still expects net revenues of roughly 3 billion reais ($1.32 billion) and anticipates delivering an EBITDAR margin of 38%-40% and an operating margin of 27%-29%.

Subscribe to Access this Entire Article

"Other News - 06/01/2005" 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.