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Gol Linhas Aéreas Inteligentes S.A. (GOL) CEO Paulo Kakinoff on Q1 2021 Results - Earnings Call Transcript

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Gol Linhas Aéreas Inteligentes S.A. (NYSE:GOL) Q1 2021 Results Conference Call April 29, 2021 11:00 AM ET

Company Participants

Paulo Kakinoff - CEO

Richard Lark - CFO

Conference Call Participants

Stephen Trent - Citibank

Mike Linenberg - Deutsche Bank

Dan McKenzie - Seaport Global Securities

Matthew Breckenridge - DSC Meridian

Savi Syth - Raymond James

Victor Mizusaki - Bradesco BBI

Guiler Melendez - JP Morgan


Welcome to the GOL Airlines First Quarter 2021 Results Conference Call. This call is being recorded [Operator Instructions] This event is also being broadcast live via webcast and may be accessed through the GOL website at www.voegol.com.br/ir and MZiQ platform at www.mziq.com. [Operator Instructions]

Before proceeding, let me mention that forward statements are based on the beliefs and assumptions of GOL's management and on information currently available to the company. They involve risks and uncertainties because they relate to future events and therefore, depend on circumstances that may or may not occur. Investors and analysts should understand that events related to macroeconomic conditions, industry and other factors could also cause results to differ materially from those expressed in such forward-looking statements. At this, I will hand it over to Mr. Paulo Kakinoff. Please go ahead.

Paulo Kakinoff

Good morning, ladies and gentlemen, and welcome to GOL Airlines Earnings Call. I am Paulo Kakinoff, Chief Executive Officer; and I'm joined by Richard Lark, our Chief Financial Officer.

This morning, we released our first quarter figures. Also, we made available on GOL's Investor Relations website 3 videos with the results presentation, financial review and preliminary Q&A. We hope everyone has watched them as we will now only make a few brief considerations and then move to your questions.

The first quarter '21 was marked by 3 relevant trends for GOL's resumption of growth going forward. The first one

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