|Bid||9.28 x 3200|
|Ask||0.00 x 1100|
|Day's Range||9.44 - 9.65|
|52 Week Range||4.01 - 11.31|
|Beta (5Y Monthly)||2.05|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||May 05, 2011|
|1y Target Est||10.25|
Gol Linhas' (GOL) daily sales volumes surge 75% month over month in April as air-travel demand continues to recover in Brazil. Load factor in the month was strong at 83%.
Brazilian bus company Itapemirim is launching a new airline in June, betting it can dodge the financial ruin that has grounded many rival carriers even though the land transport company just spent five years reorganizing under bankruptcy protection. The carrier expects to have a fleet of 50 Airbus A320 planes by next year, all painted in Itapemirim's signature bright yellow color, trying to beat the odds that have led 11 airlines to fail in Brazil so far this century. "We have the intention of being the largest airline in Brazil, with all due respect to our competitors," said Sidnei Piva, president of Grupo Itapemirim, which will emerge from bankruptcy this month.
GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), ("GOL" or "Company"), Brazil's largest airline, today provides its Investor Update for April/21. All information is presented in Brazilian Reais (R$). The information below is preliminary and unaudited.