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registrant in connection with Rule 12g3-2(b):
GOL Announces Interline Agreement with Webjet
Agreement permits greater flexibility in regard to ticket purchases, increasing flight frequencies and destinations for clients of both companies
São Paulo, December 13, 2011 – GOL Linhas Aéreas Inteligentes S.A. (BM&FBovespa: GOLL4 and NYSE: GOL), (S&P/Fitch: BB-/BB-, Moody`s: B1), the largest low-cost and low-fare airline in Latin America, announces that its subsidiaries VRG Linhas Aéreas S.A (“VRG”) and Webjet S.A.(“Webjet”) have entered into an interline agreement to sell the tickets of Webjet through VRG. The agreement will allow passengers to purchase, through GOL’s sales channels, “pure” stretches, operated by Webjet only, or “combined” stretches, which involve both airlines.
“One of the great advantages of this agreement is that clients transferring from GOL flights to Webjet flights will only have to check in once and send their baggage to the final destination, as well as for Webjet passengers in connections with GOL flights” affirmed Marcelo Bento, GOL’s Alliance and Profitability Officer.
In order to avoid flight overlap, the route networks will be rationalized in December by each one of the Companies. Consequently, it will be possible to increase flight frequencies and the number of destinations, ensuring greater convenience for clients.
In July 2011, GOL announced the acquisition of Webjet. The companies are continuing to operate as separate entities while awaiting the operation’s approval from CADE, Brazil’s anti-trust authority.
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Contact
Investor Relations Leonardo Pereira –Vice-President and CFO Edmar Lopes – Finance and IR Officer Ricardo Rocca – Investor Relations
Phone.: (55 11) 2128-4700 E-mail: [email protected] Website:www.voegol.com.br/ir Twitter: www.twitter.com/GOLinvest
Corporate Communications Twitter: www.twitter.com/GOLcomunicacao
Media Relations Edelman (USA and Europe): Meaghan Smith and Robby Corrado Phone.: +1 (212) 704-8196 / 704-4590
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About GOL Linhas Aéreas Inteligentes S.A. GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and BM&FBOVESPA: GOLL4), (S&P/Fitch: BB-/BB-, Moody`s: B1), the largest low-cost and low-fare airline in Latin America, offers more than 940 daily flights to 63 destinations that connect all the important cities in Brazil and 13 major destinations in South America and Caribbean. The Company operates a young, modern fleet of Boeing 737 Next Generation aircraft, the safest and most comfortable of its class, with high aircraft utilization and efficiency levels. Fully committed to seeking innovative solutions through the use of cutting-edge technology, the Company - via its GOL, VARIG, GOLLOG, SMILES and VoeFácil brands - offers its clients easy payment facilities, a wide range of complementary services and the best cost-benefit ratio in the market. 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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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.