Gollog Completes 10 Years of Operations with Over
400,000  Tonnes Transported

Completely integrated with GOL’s operations, the cargo business division

aims to reach 144 units and operate in up to three thousand cities in 2011

São Paulo, February 2, 2011 – GOL Linhas Aéreas Inteligentes S.A. (BM&FBovespa: GOLL4 and NYSE: GOL), (S&P/Fitch: BB-/BB-, Moody`s: Ba3), the largest low-cost and low-fare airline in Latin America, was one of the first airlines in the world to operate under a low cost platform and offer an  air cargo transport service. Ten years ago, its logistics unit, Gollog, issued its first AWB (air waybill), marking the beginning of a highly successful trajectory.

Gollog currently has almost 100 units, covers more than 2,000 municipalities in Brazil and is already among Brazil’s leading logistics operators. Based on speed, punctuality and security, Gollog’s logistics platform is integrated with the largest route network in Latin America, with over 900 daily flights, operated by 112 aircraft, in addition to a fleet of 360 vehicles.

Since it began operations on January 30, 2001, Gollog has carried more than 400,000 tonnes of cargo and issued more than 5.5 million AWBs. Its contribution to GOL’s revenue has increased substantially, with 3Q10 cargo revenue moving up 128% year-on-year.

Two years ago, Gollog also entered the express delivery market. With a comprehensive service portfolio, the segment already accounts for around 20% of the cargo division’s revenue. The products – Gollog VOO CERTO, Gollog EXPRESS, Gollog DEZ HORAS and Gollog DOC – were developed to meet growing demand for door-to-door deliveries, defined deadlines and differentiated optional services. “We have invested a great deal in our express products and services, mainly in terms of punctuality and security, and we have an up-to-date real-time cargo tracking system,” declared Carolos Figueiredo, head of GOL’s cargo division.

Gollog also offers services designed for specific groups of clients, with teams engaged in creating solutions for managing deadlines and enhancing cargo security. “We attempt to find the most intelligent means possible of adapting our extensive network to the scheduling of events, the delivery of perishable goods, and the handling of fragile cargo, electronics items, and  other types of order in the various business areas. We do our best to offer a personalized service, which makes us unique in the market," added Figueiredo.

In 2010, Gollog opened a new terminal in Congonhas airport, in the city of São Paulo. The new installations are part of GOL’s strategy of increasing Gollog’s competitiveness, in addition to offering low costs and attractive prices.

“Our goal for 2011, is to reach 144 units and cover up to 3,000 cities. We are seeking entrepreneurial partners with a knowledge of logistics who relate to the nature of our operations in order to open new franchises in locations that are in line with our business profile”, explained Figueiredo.

According to Gollog’s head, the list of interested parties is extensive, given the cargo sector’s growth prospects. “We are growing faster than the market average and have several sources of leverage. From now on, we will be enhancing our products and services and expanding our network through the opening of new franchises.”