Gol Linhas Q3 Operating Income, Revenue Up - Quick Facts

(RTTNews) - Brazilian low-cost low-fare airline Gol Linhas Aereas Inteligentes S.A. (GOL) said third-quarter operating income or EBIT was R$ 152 million, up R$115 million over last year.

Operating margin improved 4.5 percentage points to 6.2 percent. EBITDAR jumped 24 percent to R$ 463 million

Net revenue climbed 10 percent from last year to R$ 2.5 billion. Of this, R$2.2 billion was passenger revenues, while net revenue from cargo and others totaled R$272 million.

Total load factor increased 8 percentage points to 77.5 percent, and more than compensated the 2 percent decline in yield.