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Stock Market & Financial Investment News

News Breaks
February 6, 2013
07:36 EDTGOLSMILES forms an agremeent with Petrobras Distribuidora
Gol Linhas announces that Smiles S.A. a subsidiary of the company, has entered into a commercial agreement with Petrobras Distribuidora. The agreement between Smiles and Petrobras is designed to offer more service options via Petrobras Premmia, the Petrobras gas station loyalty program, and will allow clients of the participating Premmia gas stations to exchange points accumulated from tank filling, convenience store purchases and oil changes for Smiles miles, thereby diversifying Premmia's redemption possibilities.
News For GOL From The Last 14 Days
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October 24, 2014
07:35 EDTGOLGol Linhas volatility elevated into Brazil elections
Gol Linhas overall option implied volatility of 65 is above its 26-week average 52 according to Track Data, suggesting large price movement.
07:31 EDTGOLGol Linhas volatility elevated into Brazil elections
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October 23, 2014
07:24 EDTGOLGOL Linhas reports Q3 domestic load factor 78.3%
GOL Linhas reported Q3 domestic load factor totaled 78.3%. The load factor growth more than offset the slight reduction in yield over 3Q13, led to year-over-year PRASK growth of 9.1% in the quarter. Fares in the quarter accompanied Brazil's challenging economic activity scenario. Domestic supply had 4.2% cut in 3Q14, in line with the company's 2014 guidance of an annual reduction between -3% and -1%. Domestic demand increased by 6.8% in the quarter. GOL captured 55% of the industry's demand growth in 2014. International market demand climbed by 30.3% in Q3.

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