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GOL Recognized as Global High Performer by Forbes Magazine
Sao Paulo, April 2, 2007 GOL Linhas Aéreas Inteligentes (NYSE: GOL and Bovespa: GOLL4), Brazils low-cost, low-fare airline, was ranked on Forbes Magazines annual list of the largest 2000 global companies. The magazine also named GOL one of five Global High Performers in the Transportation industry. Global High Performers are an elite list of fast-growing big companies that set the pace for their respective industries.
The Forbes Global 2000 is the publications list of the world's largest companies based on a composite ranking of sales, profits, assets and market value. Companies on the list must be based in the U.S. or a foreign firm trading here, either as regular shares or as American Depositary Receipts. Forbes requires companies to have at least $1 billion in sales and a share price of at least $5. Relevant companies are then compared against industry peers in long- and short-term return on equity, sales growth, profit growth, return to shareholders and other financial metrics.
GOL is excited to be included on this years Global 2000 list and is pleased that our low-cost, low-fare business model was recognized as one of the best in the world, says Constantino de Oliveira Junior, GOLs President and CEO. GOL is committed to providing safe, high quality service to customers across Brazil and South America.
About GOL Linhas Aéreas Inteligentes
GOL Linhas Aéreas Inteligentes is one of the most profitable and fastest growing low-cost, low-fare airlines in the industry worldwide. GOL provides frequent service on routes connecting all of Brazils major cities as well as primary
destinations in Argentina, Bolivia, Chile, Paraguay, Uruguay and Peru through its more than 630 daily flights to 57 major airports. GOL offers daily flights to more destinations in Brazil than any other domestic airline while providing customers
with the most convenient flight schedules in the country. GOL operates a young, modern fleet of Boeing 737s, 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 service, which stimulates GOLs brand recognition and customer satisfaction, the Companys single class of service is recognized as the best value proposition in the market. GOLs
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 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 or 1230 020 9104 in Chile, 0800 52 900 in Peru and 55 11 2125-3200 in other countries.
CONTACT: GOL Linhas Aéreas Inteligentes S.A.
Investor Relations | Corporate Communications | |
Ph: (5511) 3169 6800 | Ph: (5511) 3169 6449 | |
E-mail: ri@golnaweb.com.br | E-mail: rcorbioli@golnaweb.com.br | |
Site: www.voegol.com.br/ir |
Media Brazil & Latin America | Media U.S. & Europe | |
MVL Comunicação; D. Barbará and E. | Edelman; G. Juncadella and M. Smith | |
Oliveira | Ph: +1 (212) 704-4448 / 704-8196 | |
Ph: (5511) 3049-0349 / 0341 | E-mail:gabriela.juncadella@edelman.com | |
E-mail: daniela.barbara@mvl.com.br; | meaghan.smith@edelman.com | |
eduardo.oliveira@mvl.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 GOLs management concerning the future of the business and its continued access to capital to fund the Companys 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 GOLs filed disclosure documents and are, therefore, subject to change without prior notice.
GOL LINHAS AÉREAS INTELIGENTES S.A. |
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By: |
/S/ Richard F. Lark, Jr.
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Name: Richard F. Lark, Jr.
Title: Executive Vice President Finance, Chief Financial Officer |
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 a ctually 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.