Gol Linhas Aéreas Inteligentes S.A. (NYSE:GOL) Q4 2022 Earnings Conference Call March 8, 2023 10:00 AM ET

Company Participants

Mario Liao - Investor Relations

Celso Ferrer - CEO

Richard Lark - EVP and CFO

Conference Call Participants

Michael Linenberg - Deutsche Bank

Stephen Trent - Citi

Savi Syth - Raymond James

Pablo Monsivais - Barclays

Operator

Good day, everyone, and welcome to the GOL Airlines Fourth Quarter 2022 Results Conference Call. This morning, the company made available its results. After GOL's presentation, we will initiate the Q&A session for analysts and investors, when further instructions will be provided. This event is also being broadcast in live via webcast and may be accessed through the company website at www.voegol.com.br/ir and the MZiQ platform at www.mziq.com.

Those following the presentation via webcast may post their questions on the platform and their questions will be either answered by the management during this call or by the GOL’s Investor Relations' team after the conference is finished. As of now, participants are free to submit questions through the webcast platform. You just need to click on the question mark in the upper left corner and typing your question.

Before proceeding, we emphasize that forward-looking statements are based on the beliefs and assumptions of the company's management and on information currently available to GOL. They involve risks and uncertainties, given that they are related to future events and therefore depend on circumstances that may or may not occur.

Investors and analysts should consider 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 time, I will hand your call over to Mr. Celso Ferrer. Please go ahead.

Celso Ferrer

Hi everyone, and thank you all for your participation in this conference call. This morning, we posted our Q4 2022 earnings release, and a slide presentation on GOL’s IR websites. So we will make some brief comments and should straight through to your questions.

I would like to start by highlighting our most important results of the period, which were made possible by the trust from our customers, investors, suppliers, partners and specially from our Team of Eagles. GOL delivered strong performance in Q4, a quarter with similar supply to the pre-pandemic period. We achieved a new record for revenues of R$4.7 billion and increased a return EBITDA to R$1.2 billion, the highest level since before the pandemic.