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Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under
the Securities Exchange Act of 1934.

Yes ______ No ___X___

 

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GOL LAUNCHES TWO NEW ROUTES

São Paulo, Brazil, September 28, 2004 – GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4), Brazil’s low-fare, low-cost airline, today announced that it has been authorized by the Department of Civil Aviation (DAC) to begin operating regular flights to two new destinations in Brazil - Caxias do Sul (in the state of Rio Grande do Sul) and Foz do Iguaçu (in the state of Paraná). With the addition of these routes GOL will have regular service a total of 35 destinations in Brazil.

Daily service to Caxias do Sul will begin on October 27 this year while service to Foz do Iguaçu will be launched on October 29. As previously announced, service to Joinville (in the state of Santa Catarina), Uberlândia (in the state of Minas Gerais) and daily flights between the cities of São Paulo and Ribeirão Preto will begin on October 18. The Company also remains on track with plans to commence regular international flights to Buenos Aires, Argentina, by year end.

“We will continue to offer our customers greater access to new routes and competitive pricing,” said Tarcísio Gargioni, GOL’s Marketing and Services Vice-President. “Good air links to these regions are vital for business and leisure travel, and I am confident that these new services will receive strong support from our customers.” In 2004 thus, GOL has increased the total number of offered routes by 20% over the prior year.

About GOL Linhas Aéreas Inteligentes

GOL Linhas Aéreas Inteligentes, a “low-cost, low-fare” airline, is one of the most profitable and fastest growing airlines in the industry worldwide. GOL operates a simplified fleet with a single-class of service. It also has one of the youngest and most modern fleets in the industry that results in low maintenance, fuel and training costs, and therefore high aircraft utilization and efficiency ratios. Add to this safe and reliable service, stimulating GOL’s brand recognition and customer satisfaction, and GOL has the best cost-benefit service in the market. GOL currently offers service to 31 major business and travel destinations in Brazil, with substantial expansion opportunities. In 2004, GOL plans to grow by increasing frequencies in existing markets and adding service to additional markets in both Brazil and other high-traffic South American travel destinations. GOL listed its shares on the NYSE and the Bovespa in June 2004.

For additional information please contact:

	GOL Linhas Aéreas Inteligentes
	Media:
	Mayura James-Hooper, 212-515-1978
	e-mail: mjames@gavinanderson.com
	or
	Investor Relations, (5511) 5033 4393
	e-mail: ri@golnaweb.com.br
	www.voegol.com.br (IR section)

Please sign up for email alerts at www.voegol.com.br

This release contains forward-looking statements relating to the prospects of the business, estimates for operating and financial results, and those related to growth prospects of GOL. These are merely projections and, as such, are based exclusively on the expectations of GOL’s management concerning the future of the business and its continued access to capital to fund the Company’s business plan. Such forward-looking statements depend, substantially, on changes in market conditions, government regulations, competitive pressures, the performance of the Brazilian economy and the industry, among other factors and risks disclosed in GOL’s filed disclosure documents and are, therefore, subject to change without prior notice.

 

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This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.

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