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GOL Announces Interline Agreement with American Airlines
São Paulo, February 18, 2009 - GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4), Brazils low-cost airline, announces that it has signed an interline agreement with American Airlines. The agreement will allow American Airlines passengers to purchase tickets to all destinations served by GOL in Brazil and South America.
The agreement also allows American Airlines to issue point to point tickets. The partnership will provide GOL with a new channel to distribute its tickets, with low sales costs, through American Airlines' network in Brazil and other countries. Allowing American Airlines customers access to GOLs flight networks will increase passenger traffic and load factors on GOL flights as well as generate new revenue for the Company.
According to the National Civil Aviation Agency (ANAC), more than 2.6 million passengers traveled between the United States and Brazil in 2007. American Airlines offers the most seats between both countries, operating 69 weekly flights between three destinations in the United States (Miami, Dallas/Fort Worth and New York City), and five Brazilian cities (São Paulo, Rio de Janeiro, Belo Horizonte, Salvador and Recife). The interline agreement allows ticket distribution by GDS (Global Distribution System) and the convenience of a unified luggage check-in process.
CONTACT: | About GOL Linhas Aéreas Inteligentes S.A. | |
Investor Relations | GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4), Brazils 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. The Company operates a young, modern fleet of Boeing 737 Next Generation aircraft, the safest and most comfortable aircraft of its class that provides high aircraft utilization and efficiency ratios. The Companys service is recognized as the best value proposition in the market. | |
Ph: (5511) 2128-4700 | ||
E-mail: ri@golnaweb.com.br | ||
Site: www.voegol.com.br/ir | ||
Corporate Communication | ||
Ph.: (5511) 2128-4413 | ||
comcorp@golnaweb.com.br | ||
Media Brazil | ||
FSB Comunicações (Brazil): | 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 discl osure documents and are, therefore subject to change without prior notice. | |
Érica Arruda | ||
Ph.: (5511) 2128-4420 | ||
erica.arruda@fsb.com.br | ||
Media U.S. and Europe | ||
Edelman | ||
Meaghan Smith and Noelle Dean | ||
Ph: +1 (212) 704-8196 / 704-4484 | ||
meaghan.smith@edelman.com or | ||
noelle.dean@edelman.com | ||
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GOL LINHAS AÉREAS INTELIGENTES S.A. |
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By: |
/S/ Leonardo Porciúncula Gomes Pereira |
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Name: Leonardo Porciúncula Gomes Pereira
Title: Executive Vice-President and 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.