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GOL Receives First New Boeing 737-800 NG
São Paulo, July 31, 2006 GOL Linhas Aéreas Inteligentes (Bovespa: GOLL4 and NYSE: GOL), Brazils low-cost, low-fare airline, received yesterday its first Next Generation 737-800 aircraft developed per GOLs request with short runway landing and takeoff capabilities. The 737-800 is the first in GOLs order for 101 aircraft from Boeing, scheduled for delivery between 2006 and 2012. This is the largest agreement ever signed between the North American aircraft manufacturer and a Latin American airline.
The new 737 was specially developed by Boeing per GOLs request, and will permit its operation at the Santos Dumont Airport, in Rio de Janeiro (RJ), which has one of the shortest runways in the world (1,323 meters) and is one of the busiest in Brazil. GOLs new Next Generation aircraft are equipped with winglets, a technology that increases flight speed by 12%, reduces noise during takeoff and affords fuel savings of up to 3% per year.
When GOLs first 737-800 NG with design enhancements lands at the Santos Dumont Airport, it will be the first landing of an aircraft developed specifically for a short runway. The aircraft follows all international safety rules and was certified by U.S. and Brazilian authorities.
"Boeing has worked with GOL to enhance the 737 to add value to their operations. Our partnership drove development of these enhancements that will benefit not only our product line, but many airlines around the world," said John Wojick, Vice President of Sales, Latin America and the Caribbean, Boeing Commercial Airplanes.
The enhancements will also increase seat capacity by 30% on the new model on the São PauloRio shuttle route. Boeing helped us to expand our seat capacity on the most profitable route in Brazil, offering additional comfort and safety to our passengers, says David Barioni, Technical Vice President of GOL. In 2006, we celebrated five years of operations and received our first new 737-800. The average age of our fleet will be reduced every month. This is another example of the companys commitment to innovation, a condition for the sustainability of our results, adds the executive.
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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, with high aircraft utilization and efficiency ratios. In addition, safe and reliable services, which stimulate GOLs brand recognition and customer satisfaction, allow GOL to have the best value proposition in the market. GOL currently offers over 500 daily flights to 50 airports in Brazil, Argentina, Bolivia, Paraguay and Uruguay. GOL 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 and 55 11 2125-3200 in other countries.
CONTACT: GOL Linhas Aéreas Inteligentes S.A.
Ph: (5511) 3169 6800
E-mail: ri@golnaweb.com.br
www.voegol.com.br/ir
Media Brazil & Latin America | Media U.S. & Europe |
MVL Comunicação; R. Corbioli | Edelman; G. Juncadella and M. Smith |
Ph: (5511) 3049-0343 / 3049-0342 | Ph: (212) 704-4448 / 704-8196 |
E-mail: roberta.corbioli@mvl.com.br | E-mail: gabriela.juncadella@edelman.com |
meaghan.smith@edelman.com |
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.
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GOL LINHAS AÉREAS INTELIGENTES S.A.
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By: |
/S/
Richard F. Lark, Jr. | |
Name: Richard F. Lark, Jr.
Title: Vice President Finance, Chief Financial Officer
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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.