Indicate by check mark whether the registrant by furnishing the
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information to the Commission pursuant to Rule 12g3-2(b) under
the Securities Exchange Act of 1934.
Yes ______ No ___X___
SÃO PAULO, APRIL 13, 2012– GOL Linhas Aéreas Inteligentes S.A. (BM&FBovespa: GOLL4 and NYSE: GOL), (S&P: B+, Fitch: B+, Moody’s: B1), the largest low-fare, low-cost airline in Latin America, announces that Ricardo Khauaja, the Vice President of Customers and Market, is leaving the Company. GOL thanks him for his competence and professional conduct during his tenure at the company.
Consequently, the organizational structure now has two Vice President positions, instead of three. They are, the Technical-Operational Vice President, Commander Adalberto Bogsan, and the Vice President of Finance and Strategy, Leonardo Pereira. Sales and Marketing departments are to report directly to the President, Constantino de Oliveira Jr. Moreover, in line with its initiatives to adapt itself to the new operating capacity and the current macroeconomic environment, the Company announces the elimination of four directors and twenty-six middle and senior management positions.
GOL’s CEO, Constantino de Oliveira Jr., thanks the commitment and dedication of professionals who are leaving the company today and affirms that the measures adopted are in line with the GOL’s strategic objectives, the focus on customer, and permanent quest for more simplicity, efficiency, focus on costs control and competitiveness, configured as an important step on consolidating GOL in the aviation market.
The changes were defined in accordance with rigorous governance standards and with the Board of Directors’ involvement in the whole process.
ABOUT GOL LINHAS AÉREAS INTELIGENTES S.A.
GOL Linhas Aéreas Inteligentes S.A. (Bovespa: GOLL4 and NYSE: GOL), the largest low-cost and low-fare airline in Latin America, offers around 900 daily flights to 63 destinations in Brazil and 13 in South America and the Caribbean under the GOL and VARIG brands, using a young, modern fleet of Boeing 737-700 and 737-800 Next Generation aircraft, the safest, most efficient and most economical of their type. It also offers its clients a further 12 Brazilian destinations through agreements with local regional airlines. In addition, the SMILES loyalty program, the biggest in Brazil, allows members to accumulate miles and redeem tickets to more than 560 locations around the world via flights with foreign partner airlines. The Company also operates Gollog, a logistics service which retrieves and delivers cargo and packages to and from more than 1800 cities in Brazil and eight abroad. With its portfolio of innovative products and services, GOL Linhas Aéreas Inteligentes offers the best cost-benefit ratio in the market.
ABOUT WEBJET LINHAS AÉREAS S.A.
Webjet Linhas Aéreas S.A., controlled by VRG Linhas Aéreas S.A., offers around 155 daily flights to 18 Brazilian destinations, using a fleet of Boeing 737-300 and 737-800 Next Generation aircraft. In July 2011, GOL announced the acquisition of Webjet. The companies are continuing to operate separately while awaiting the approval of CADE, Brazil’s anti-trust authority.
This notice contains forward-looking statements relating to the prospects of the business, estimates for operating and financial results, and those related to GOL’s growth prospects. These are merely projections and, as such, are based exclusively on the expectations of GOL’s management. Such forward-looking statements depend substantially on external factors, in addition to the risks disclosed in GOL’s filed disclosure documents and are, therefore, subject to change without prior notice. |
CONTACTS |
uLeonardo Pereira |
uEdmar Lopes |
uGustavo Mendes |
uRicardo Rocca |
INVETOR RELATIONS ri@golnaweb.com.br www.voegol.com.br/ir |
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GOL LINHAS AÉREAS INTELIGENTES S.A. | ||
By: |
/S/ Leonardo Porciúncula Gomes Pereira | |
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.