Gol Linhas reports Bank of America owns 5.49% of company's preferreds GOL Linhas announces to its shareholders and the market that Bank of America, as of June 28, had 7.42M preferred shares equivalent to 5.49% of the company´s preferred shares.
GOL 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.