GOL Reports Growth in Internet Sales in 2007
Posted on: Thursday, 21 February 2008, 21:00 CST
SAO PAULO, Brazil, Feb. 21 /PRNewswire-FirstCall/ -- GOL Linhas Aereas Inteligentes S.A. , the parent company of Brazilian airlines GOL Transportes Aereos S.A. and VRG Linhas Aereas S.A., announced that GOL Transportes Aereos achieved 15 percent growth in Internet sales in 2007. The Company recorded approximately R$ 4.3 billion in gross ticket sales through its website, http://www.voegol.com.br/, which accounted for 80% of the Company's R$ 5.4 billion total gross sales in 2007. Gross operating revenues from passengers flown in 2007 were approximately R$ 4.7 billion, and total net operating revenues were approximately R$ 5 billion.
GOL's online ticket purchasing function simplifies the travel process for passengers and provides travel agencies with access to new markets, increased productivity and reduced costs. "Double-digit growth in online ticket sales is a boon to customers and travel agencies looking to simplify the purchasing process and reduce costs," says Tarcisio Gargioni, Vice President of Marketing and Services at GOL. In the fourth quarter of 2007, GOL's website registered an average of 4.4 million unique visitors per month, a 23% increase over the same period in 2006.
About GOL Linhas Aereas Inteligentes S.A.
GOL Linhas Aereas Inteligentes S.A. is the parent company of Brazilian airlines GOL Transportes Aereos S.A. ("GTA", a low-cost, low-fare airline which operates the GOL brand) and VRG Linhas Aereas S.A. ("VRG", a premium service airline which operates the VARIG brand). GTA and VRG offer daily flights to more destinations in Brazil than any other domestic airline while providing customers with the most convenient flight schedules in the country. The airlines operate a young, modern fleet of Boeing aircraft, the safest and most comfortable aircraft of its class, with low maintenance, fuel and training costs, and high aircraft utilization and efficiency ratios. In addition to safe and reliable services, which stimulate brand recognition and customer satisfaction, the Company's service is recognized as the best value proposition in the market. Growth plans include increasing frequencies in existing markets and adding service to additional markets in both Brazil and other high-traffic travel destinations. Shares are listed on the NYSE (GOL) and the Bovespa (GOLL4) stock exchanges.
GOL Linhas Aereas Inteligentes S.A.
CONTACT: Investor Relations, +5511 3169 6800, ri@golnaweb.com.br, orMedia, U.S. & Europe, Edelman, G. Juncadella, +1-212-704-4448,gabriela.juncadella@edelman.com and M. Smith, +1-212-704-8196,meaghan.smith@edelman.com
Source: PRNewswire-FirstCall
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