Winning Stock Forecast: The Brasilian Gol Transportes Aéreos (NYSE: GOL) Brings 20.93% In 3 Days

By Gol Airlines [Public domain], via Wikimedia Commons

GOL is a young company, established in 2000, serves more then 30 million passengers annually with 67 destination and 10 countries in South America and Caribbean. Moreover, it is a leading cargo transportation and logistics business serving more than 3,400 Brazilian municipalities and, through partners, more than 200 international destinations in 95 countries.

In the end of August 2018, as part of the strategic program to renew the equipment GOL welcomed the Boeing 737MAX, the first Boieng jet in history of the company. This aircraft will be used on international routes due to reduced fuel consumption. In one of the recent interviews Paulo Kakinoff (CEO GOL Airlines) stated: “Today is an exciting day for the entire GOL team, we are happy to welcome the 737 MAX 8. We can further improve our operational efficiency by flying a young, modern and safe fleet, while also lowering the cost of air travel and expanding our network to new international destinations”.

By Aka The Beav from Seattle, Washington (Flickr) [CC BY 2.0 (https://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons

The Airline follows a low cost model Business. Its first competitor is Irish Ryanair, which follows the same model. In South America GOL is considered a pioneer in low cost rates. It implemented a loyalty program that customers appreciate (14 million subscriptions). The employees themselves are trained to think in terms of business goals and the pay structure includes various incentives. In just a few years, revenues have reached $1 billion. This explosive growth has come despite the global recession, rising fuel prices, high inflation and one of the worst recessions in the airline industry.

Source: MarketWatch

The I Know First Stock AI Algorithm predicted Gol Transportes Aéreo to go up by indicating strong signal and in 3 days the company showed outstanding performance of 20,93%. Below we provide the I Know First heatmap that was send to our clients:

 

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GOL Linhas Aéreas Inteligentes S.A. (GOL) provides scheduled air transportation services for passengers cargoes, and mailbags in Brazil and Latin America. The company operates through Flight Transportation and Smiles Loyalty Program segments. It also offers logistics services. In addition, the company offers Smiles loyalty programs with approximately 13.7 million members, allowing clients to accumulate and redeem miles. As of December 31, 2017, it operated a single fleet of 119 Boeing 737 aircraft and approximately 700 daily flights to 64 destinations in Brazil, South America, and the Caribbean. GOL Linhas Aéreas Inteligentes S.A. was founded in 2001 and is based in Sao Paulo, Brazil.