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GOL Opens Aircraft Maintenance Center

Posted on: Friday, 15 September 2006, 09:00 CDT

SAO PAULO, Brazil, Sept. 15 /PRNewswire-FirstCall/ -- GOL Linhas Aereas Inteligentes (Bovespa: GOLL4) , Brazil's low-cost, low-fare airline, opens today its Aircraft Maintenance Center in Confins, Belo Horizonte (MG). The construction began in July last year with a total investment of R$30,5 million.

The center offers high-end technology for airplane maintenance. The annual cost reductions are estimated at US$2 million for the company, which will stop using third-parties services. An additional gain will be achieved with maintenance services for other airlines. "In a moment of expansion, GOL will reduce its aircraft expenses and obtain another source of future revenues," says David Barioni, GOL's Technical Vice President. The company plans to end 2006 with 62 Boeing 737 airplanes, an increase of 20 over year- end 2005.

The total area of Maintenance Center is 17,300 m2. Two hangars were built, one of 4,800 m2 for three airplanes, and another one of 2.000 m2 for one airplane. The repair shops and business offices occupy 10,500 m2. About 350 new job openings (direct and indirect) were created with the inauguration of the Center. The Confins location was chosen as Tancredo Neves International Airport is one of the best and most well-structured in the country.

About GOL Linhas Aereas Inteligentes

GOL Linhas Aereas Inteligentes, a "low-cost, low-fare" airline, is one of the most profitable and fastest growing airlines in the industry worldwide. GOL currently offers over 500 daily flights to 51 airports in Brazil, Argentina, Bolivia, Paraguay and Uruguay. GOL growth plans include increasing frequencies in existing markets and adding service to additional markets in both Brazil and other high-traffic South American travel destinations. GOL shares are listed on the NYSE and the Bovespa. GOL: here everyone can fly!

For more information, flight times and fares, please access our site at http://www.voegol.com.br/ or call: 0300-789-2121 in Brazil, 0810-266-3131 in Argentina, 800-1001-21 in Bolivia, 0004-055-127 in Uruguay, 009-800-55-1-0007 in Paraguay, 1-888-0042-0090 (Telefonica) and 1230-020-9104 (Intel) in Chile, and 55-11-2125-3200 in other countries.

CONTACT: GOL Linhas Aereas Inteligentes S.A. Ph: 5511-3169-6800 E-mail: ri@golnaweb.com.br Site: http://www.voegol.com.br/ir Corporate Communications Ph: 5511-3169-6449 E-mail: rcorbioli@golnaweb.com.br

GOL Linhas Aereas Inteligentes

CONTACT: Media - Brazil & Latin America: D. Nakayama, +5511-3049-0341,daniela.nakayama@mvl.com.br, or C. Silva, +5511-3049-0343, both of MVLComunicacao, for GOL Linhas Aereas Inteligentes; or Media - U.S. & Europe:G. Juncadella, +1-212-704-4448, gabriela.juncadella@edelman.com, or M. Smith,+1-704-8196, meaghan.smith@edelman.com, both of Edelman, for GOL Linhas AereasInteligentes

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

Source: PRNewswire-FirstCall

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