Gol cuts flights due to soaring fuel prices

Company will suspend four international and three domestic routes due to soaring fuel prices. Read on Gazeta do Povo.

Gol cuts flights due to soaring fuel prices

TL;DR

  • Gol has suspended four international and three domestic flights due to a sharp rise in aviation kerosene (QAV) prices.
  • QAV costs have increased by 53% this year, reaching R$6.242 per liter, largely due to the war in the Middle East impacting international oil prices.
  • The suspended routes include international flights to Miami and Orlando, and domestic routes to Petrolina, Aracaju, Campina Grande, Ilhéus, and Foz do Iguaçu.
  • Gol is implementing adjustments to its flight network and maintaining connectivity through partner airlines.
  • Other airlines like Azul and Latam have also made adjustments to their flight schedules, resulting in thousands of fewer flights nationwide.
  • The increase in QAV is expected to lead to a 21% reduction in domestic air travel and up to a 30% increase in remaining ticket prices.