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Last updated on April 18, 2014 at 17:24 EDT

GOL Announces Traffic Statistics for October 2008

November 6, 2008

SAO PAULO, Brazil, Nov. 6 /PRNewswire-FirstCall/ — GOL Linhas Aereas Inteligentes S.A. , Brazil’s low cost airline, today released preliminary passenger statistics for the month of October 2008. Domestic passenger traffic (RPK) for October 2008 decreased 14.0% and capacity (ASK) increased 6.1% year-over-year (vs. October 2007). Domestic load factor for the month was 57% and international load factor was 55%. GOL’s total system load factor for the month of October was 57%.

   Consolidated Operating Data          October     October       Change                                         2008 *      2007 *         (%)   Total System     ASK (mm) (1)                      3,151.70     3,150.90        0.00%     RPK (mm) (2)                      1,789.90     2,168.80      -17.50%     Load Factor (3)                     56.80%       68.80%   -12.0 p.p.   Domestic Market     ASK (mm) (1)                      2,665.30     2,512.90        6.10%     RPK (mm) (2)                      1,524.00     1,772.20      -14.00%     Load Factor (3)                     57.20%       70.50%   -13.3 p.p.   International Market     ASK (mm) (1)                         486.4          638      -23.80%     RPK (mm) (2)                         265.9        396.6      -33.00%     Load Factor (3)                     54.70%       62.20%    -7.5 p.p.     ( * )  October 2008 - preliminary data; final data for October 2007.    (1) Available seat kilometers represents the aircraft seating capacity       multiplied by the number of kilometers the seats are flown.   (2) Revenue passenger kilometers represents the numbers of kilometers       flown by revenue passengers.   (3) Load factor represents the percentage of aircraft seating capacity       that is actually utilized (calculated by dividing revenue passenger       kilometers by available seat kilometers).    About GOL Linhas Aereas Inteligentes S.A.  

GOL Linhas Aereas Inteligentes S.A. , Brazil’s low-cost airline, offers nearly 800 daily flights to 49 destinations connecting the most important cities in Brazil and ten major destinations in South America. GOL and VARIG operate a young, modern fleet of Boeing 737 Next Generation aircraft, the safest and most comfortable aircraft of its class that provides low maintenance, fuel and training costs, as well as high aircraft utilization and efficiency ratios.

   Contact:   IR   Ph.: (5511) 3169-6800   ri@golnaweb.com.br   http://www.voegol.com.br/ir    Media   Ph.: (5511) 3169-6967   comcorp@golnaweb.com.br  

GOL Linhas Aereas Inteligentes S.A.

CONTACT: IR, +011-55-11-3169-6800, ri@golnaweb.com.br, or Media,+011-55-11-3169-6967, comcorp@golnaweb.com.br, for GOL

Web site: http://www.voegol.com.br/ir