We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Alaska Air Group, Inc. (ALK) - free report >>
Allegiant Travel Company (ALGT) - free report >>
Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (VLRS) - free report >>
Image: Bigstock
Gol Linhas Achieves Record Ticket Sales on Black Friday
Gol Linhas Aereas Inteligentes S.A. attained record-high sales for a Black Friday campaign. In just 24 hours, the company sold more than 450,000 tickets for travel during the December 2019-June 2020 period, registering a sale of more than R$120 million. São Paulo, Rio de Janeiro, Brasilia, Recife and Salvador attracted maximum number of travelers.
On the first day of promotions, Gol Linhas’ Black Friday sales surged 38% from that recorded in last year’s Black Friday. Additionally, ticket volumes soared 51% year over year. On average, the company offered fares below R$265 with more than 165,000 tickets being sold at a price lower than R$150. The sale period ended on Dec 2, where more than 3 million seats were offered under the promotion.
The Brazilian low-cost airline’s digital channels were accessed by approximately 4 million unique visitors on Black Friday, indicating a 35% jump from the year-ago number. This highlights the strength in the company’s e-commerce platform. So far, Gol Linhas invested more than R$1.5 billion in the e-commerce platform’s growth.
Gol Linhas Aereas Inteligentes S.A. Price
Gol Linhas Aereas Inteligentes S.A. price | Gol Linhas Aereas Inteligentes S.A. Quote
Zacks Rank & Key Picks
Gol Linhas carries a Zacks Rank #3 (Hold). Some better ranked stocks in the same space are Allegiant Travel Company (ALGT - Free Report) , Alaska Air Group, Inc. (ALK - Free Report) and Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (VLRS - Free Report) . While Allegiant sports a Zacks Rank #1 (Strong Buy), Alaska Air and Controladora Vuela carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Shares of Allegiant, Alaska Air and Controladora Vuela have rallied more than 69%, 11% and 90%, respectively, so far this year.
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers “Most Likely for Early Price Pops.”
Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.6% per year. So be sure to give these hand-picked 7 your immediate attention.
See them now >>