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Press Release
GOL Receives IOSA Registration
IATAs Safety Certificate Paves the Way for New Code-Share Agreements
São Paulo, August 18, 2009 GOL Linhas Aéreas Inteligentes S.A. (Bovespa: GOLL4 and NYSE: GOL), the largest low-cost and low-fare airline in Latin America, has been awarded IOSA (IATA Operational Safety Audit) registration from IATA (International Air Transport Association), recognized as the global standard for assessing airlines operational safety and controls.
Receiving the registration underlines the Companys excellent operational safety standards and increases the potential for a series of commercial opportunities, such as signing new code-share agreements with foreign airlines that operate intercontinental flights to Brazil or South America.
New code-share agreements will provide GOL with a larger intercontinental feeder network, increasing the number of passengers with direct, convenient access to its extensive South American network. These agreements will also benefit the more than six million registered SMILES participants, who will now have the option to use their accrued miles on other airlines to visit destinations around the world, said Constantino de Oliveira Júnior, GOLs CEO.
In addition to international recognition, IOSA certification will allow GOL to consolidate its operational safety audit procedures, streamlining the process to make it more efficient while also optimizing operating costs, added Captain Fernando Rockert de Magalhães, the Companys vice-president - technical.
CONTACT: Investor Relations Leonardo Pereira - CFO and IRO Rodrigo Alves Head of IR Phone.: (55 11) 2128-4700 E-mail: ri@golnaweb.com.br Website: www.voegol.com.br/ir Twitter : www.twitter.com/GOLinvest Corporate Communication Phone.: (55 11) 2128-4413 comcorp@golnaweb.com.br Media Relations FSB Comunicações (Brazil) Carolina Stefanini e Érica Arruda Phone.: (55 11) 3061-9596 (55 11) 2128-4420 carolina.stefanini@fsb.com.br or erica.arruda@fsb.com.br Edelman (U.S and Europe): M. Smith e N. Dean Phone.: +1 (212) 704-8196 / 704-4484 meaghan.smith@edelman.com or noelle.dean@edelman.com |
About GOL Linhas Aéreas Inteligentes S.A. GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4), the largest low-cost and low-fare airline in Latin America, offers around 800 daily flights to 49 destinations that connect all the important cities in Brazil and nine major destinations in South America. The Company operates a young, modern fleet of Boeing 737 Next Generation aircraft, the safest and most comfortable of its class, with high aircraft utilization and efficiency levels. The Companys service is recognized as the best value proposition in the market. This release contains forward-looking statements relating to the prospects of the business, estimates for operating and financial results, and those related to growth prospects of GOL. These are merely projections and, as such, are based exclusively on the expectations of GOLs management concerning the future of the business and its continued access to capital to fund the Companys business plan. Such forward-looking statements depend, substantially, on changes in market conditions, government regulations, competitive pressures, the performance of the Brazilian economy and the industry, among other factors and risks disclosed in GOLs filed disclosure documents and are, therefore, subject to change without prior notice. |
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GOL LINHAS AÉREAS INTELIGENTES S.A. |
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By: |
/S/ Leonardo Porciúncula Gomes Pereira |
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Name: Leonardo Porciúncula Gomes Pereira
Title: Executive Vice-President and Chief Financial Officer |
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will a ctually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.