Discontinued ticker
This asset is now traded as GOLL54 .
Company Data
CNPJ
Market Cap
Number of Shares
Listing Segment
IPO Date
Key Indicators
P/E
P/VP
DY
Tag Along
Free float
Viability Seal
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Discontinued ticker
This asset is now traded as GOLL54 .
Company Data
CNPJ
Market Cap
Number of Shares
Listing Segment
IPO Date
Key Indicators
P/E
P/VP
DY
Tag Along
Free float
Viability Seal
See what thousands of investors think and vote on the assets you consider viable
Company Data
CNPJ
06.164.253/0001-87
Market Cap
R$89T
Number of Shares
9.16T
Listing Segment
BOLSA
IPO Date
6/24/2004
Key Indicators
P/E
-68484.87
P/VP
-5721.83
DY
2.08%
Tag Along
100.00%
Free float
0.08%
Viability Seal
Find out whether the asset is viable or a dud
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Gol is considered one of Brazil’s leading airlines. In this segment, the company offers leadership in seat comfort in the domestic aviation market. According to the Company, it also leads Brazilian airlines in punctuality and number of flights.
In general, the company has important characteristics for establishing and growing its business:
Irreplicable air network
Flexible low-cost operator with world-class standards of excellence
Highly efficient operating model
Leadership in the domestic aviation market
Overall, the Company offers approximately 750 daily flights. Thus, it operates flights to more than 100 destinations in Brazil, South America, the United States and the Caribbean. In addition, the company operates cargo services, serving more than 3,400 cities in Brazil.
As a result, Gol is considered the leader in Brazil’s domestic aviation market, reaching the mark of 37 million passengers in 2019. Therefore, it is also the airline that leads year after year in passenger growth, while offering greater punctuality than the industry average and more legroom and seat recline on its aircraft.
First, Gol has a streamlined fleet, allowing it to achieve greater maintenance efficiency, flexibility and high utilization. In summary, the company’s new, modern and efficient fleet includes:
130 Boeing 737 Next Generation
7 Boeing 737 MAX 8
In general, the aircraft have an estimated average age of 10.7 years. Interestingly, fleet growth at GOL follows the growth of Brazil’s GDP, causing contracts to be structured to provide flexibility for greater or lesser market growth, as well as for new opportunities.
The Company operates in partnership with Smiles, which offers Brazil’s leading loyalty program, with more than 14 million members. Thus, it provides a differentiator in its operations, allowing customers to accumulate points and exchange them for other Gol airline tickets or products.
Furthermore, the company offers customers resources to improve the flight experience and, consequently, build customer loyalty. In this regard, it offers the following differentiated features:
Wi-Fi on board
Fast travel program
Inflight service
Geolocation
Remote check-in
Express baggage
Gol’s history dates back to 2001, when the company’s first flight was operated on a Boeing 737-700 from Brasília Airport to Congonhas Airport in São Paulo.
In the same year, it created Gollog, which would become Gol’s cargo and logistics service. In 2002, the first Boeing 737-800 Next Generation arrived, and the company began operating on the Rio de Janeiro–São Paulo air bridge, one of the country’s busiest routes.
In 2003, the Company launched web check-in and began operating night flights. It also created the virtual AWB, a mechanism through which customers can access the Gollog network environment via the internet and manage the transportation of their cargo.
In 2004, the company began selling its shares on the São Paulo (Bovespa) and New York (NYSE) stock exchanges, offering a total of 33,050,000 preferred shares and raising R$878,138,500.00.
As a result, by the following year Gol was already the only airline flying to every state capital in the country. In addition, Gollog began operating in the international market.
In 2007, it made its first acquisition, purchasing the operations of VARIG. That same year, it introduced Smart Check-in via the internet. The innovation also enabled check-in by cellphone.
In 2009, the company installed self-service kiosks at airports, facilitating access to boarding areas, baggage check-in and the check-in process, thereby improving the customer experience.
In 2011, a strategic alliance agreement was reached with the airline Delta. The agreement to sell tickets with Delta Air Lines enabled faster connections between the two companies. In addition, it acquired WEBJET and signed a new codeshare, this time with Qatar Airways, the national airline of the State of Qatar.
In 2012, the company announced the purchase of 60 Boeing 737-8 aircraft, which would be integrated into the fleet beginning in 2018. That same year, it launched a new online customer service system developed using artificial intelligence technology. As a result, Gal, a virtual robot, answers questions about baggage, documentation, check-in, the mileage program and more.
In 2014, another partnership was established, this time with Air France-KLM. The two companies announced a strategic partnership to expand codeshare flights, with benefits for the customers of both airlines.
It also launched Conte Comigo, an exclusive service in boarding areas where customers can ask questions or access other services, with in-person assistance as well as assistance through kiosks and telephones.
In 2015, Gol launched its Premium Class, offering passengers a series of exclusive benefits, from check-in through disembarkation, on all international routes offered.
Seeking to strengthen its relationships with customers, it opened in 2016 the domestic and international GOL Premium Lounge. In this way, it began offering modern and comfortable spaces, with a wide variety of products and services. Among the various amenities offered are workstations, a bar with several drink options, and a buffet with a diverse menu.
In 2017, the company began offering on its flights the most comprehensive connectivity and in-flight entertainment platform in Latin America. In other words, live TV with six channels and a variety of content for adults and children became part of customers’ travel experience on board, with free access through passengers’ mobile devices.
More recently, in 2018, the Boeing 737-8 joined the company’s fleet. Considered one of the most modern aircraft in the world and equipped with state-of-the-art technology, it offers greater flight range and also creates opportunities to open new destinations, such as direct routes between Brazil and the United States. In short, the aircraft reduces fuel consumption and pollutant emissions by approximately 15%.
