GOL Celebrates Seventh Anniversary as One of Latin America's Largest Airline Groups

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Tue Jan 15, 2008 5:00am EST

GOL Celebrates Seventh Anniversary as One of Latin America's Largest Airline
Groups

SAO PAULO, Brazil, Jan. 15 /PRNewswire-FirstCall/ -- GOL Linhas Aereas
Inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4), the parent company of
Brazilian airlines GOL Transportes Aereos S.A. ("GTA", Brazil's low-cost, low-
fare airline) and VRG Linhas Aereas S.A. ("VRG", Brazil's premium service
airline), today celebrates its seventh anniversary of operations, transporting
more than 75 million passengers across Brazil and South America. The Company,
which entered the Brazilian aviation market with the aim of popularizing air
transportation, surpassed a 40 percent domestic market share in December 2007
and reported average load factors in 2007 of 70 percent, one of the highest in
the industry. GOL's current fleet of 78 aircraft operates 640 daily flights to
60 destinations, including eight abroad.
    GOL began international operations in 2004, with flights to Buenos Aires,
Argentina. The Company's share of the international market has since doubled,
reaching 14 percent in 2007.  "The strong growth of our international sales is
a testament to the success of our business model, which has been attracting
customers across South America looking for safe and affordable air
transportation," says Constantino de Oliveira Junior, President and CEO of
GOL.
    In 2007, GOL acquired VRG, making the Company one of the largest airline
groups in Latin America, with 20 million passengers transported each year. The
acquisition enabled GOL's entry in the long-haul international sector with
destinations in Europe, South America and North America, and allowed for the
VARIG brand to remain under Brazilian management with the potential for
growth, strong results and the creation of new job opportunities.
    CONTACT: GOL Linhas Aereas Inteligentes S.A.
    IR
    Ph: (5511) 3169-6800
    ri@golnaweb.com.br
    www.voegol.com.br/ir

SOURCE  GOL Linhas Aereas Inteligentes S.A.

IR, GOL Linhas Aereas Inteligentes, +011-5511-3169-6800, ri@golnaweb.com.br
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