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Profile: Gol Linhas Aereas Inteligentes SA (GOL.N)

GOL.N on New York Stock Exchange

21 Oct 2016
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Gol Linhas Aereas Inteligentes S.A., incorporated on March 12, 2004, is a holding company. The Company is a low-cost carrier, which provides service on routes connecting all of Brazil's cities in South America and selected tourist destinations in the Caribbean. The Company operates through two segments: flight transportation and Smiles loyalty program. The Company's flight transportation segment provides air transportation services. The Company's Smiles loyalty program segment includes the operations represented by miles sales transactions to airline and non- airline partners. The Company has an operating fleet of approximately 7.7 years Boeing 737-700/800s, or Boeing 737 aircraft and its flight routes offer various number of daily departures among airlines in Latin America. It also offers its air cargo services, Gollog. The Company offers approximately 860 daily flights to over 60 destinations connecting various cities in Brazil, as well as destinations in Argentina, Bolivia, Chile, Paraguay, Uruguay and the Caribbean.

The Company is engaged in controlling its subsidiaries, such as VRG Linhas Aereas S.A. (VRG), which explores the regular and non-regular flight transportation services of passengers, cargo and mailbags, domestically or internationally, according to the concessions granted by the competent authorities and complementary activities of flight transport services provided in its by-laws, and Smiles S.A. (Smiles), which operates the development and management of its own or third-party's customer loyalty program, and sale of redemption rights of awards related to the loyalty program. Smiles is engaged in selling miles to its commercial partners and providing loyalty program management services to commercial partners, including its loyalty program. The Company is the direct parent Company of the subsidiaries, GAC Inc. (GAC), Gol Finance Inc. (Gol Finance), Gol LuxCo S.A. (Gol LuxCo), Gol Dominicana Lineas Aereas SAS (Gol Dominicana) and indirect parent Company of Webjet Linhas Aereas S.A. (Webjet).

The Company's passenger transportation services include ticketless travel; online sales, check-in, seat assignment and flight change and cancellation services; high frequency of flights between Brazil's airports; low cancellation and high on time performance rates of its flights; online flight status service; Web-enabled cell phone ticket sales and check-in; self-check-in at kiosks at designated airports; designated female lavatories; in-flight service; quick turnaround times at airport gates; free or discounted shuttle services between airports and drop-off zones on certain routes; buy on board services on certain flights; mobile check-in and boarding pass (100% paperless boarding), and smartphone application for check-in, electronic boarding pass and Smiles account management. Its express delivery products include Gollog VOO CERTO, Gollog EXPRESS, Gollog ECOMMERCE and Gollog DOC. The Company has a total fleet of 144 aircraft, of which it has an operational fleet of over 142 aircraft, of which approximately two are in redelivery process.

The Company competes with LATAM Airlines Group, Azul Linhas Aereas, Avianca Holdings SA, Multiplus, Banco Santander (Brasil) S.A., Banco Bradesco S.A., Banco Itau Unibanco S.A., American Express Company, Banco do Brasil, Dotz and Netpoints.

Company Address

Gol Linhas Aereas Inteligentes SA

Jardim Aeroporto
SAO PAULO     04.626-020
P: +5511.21284700
F: +5511.50987888

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