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    GOLL4   BRGOLLACNPR4

GOL LINHAS AÉREAS INTELIGENTES S.A.

(GOLL4)
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Delayed Bolsa de Valores de Sao Paulo  -  04:07:59 2023-02-08 pm EST
7.040 BRL   -5.38%
02/08Gol Linhas Aereas Inteligentes S A : Minutes of the Board of Directors´ Meeting held on February 01, 2023*
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02/08Gol Linhas Aereas Inteligentes S A : MINUTES OF THE BOARD OF DIRECTORS' MEETING HELD ON FEBRUARY, 1, 2023 - Form 6-K
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02/07Gol Linhas Aereas Inteligentes S A : Announces Financing Commitment - Form 6-K
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Gol Linhas Aereas Inteligentes : announces six new destinations

03/28/2019 | 07:36am EST

GOL announces six new destinations

São Paulo, March 28, 2019 - GOL Linhas Aéreas Inteligentes S.A. ("GOL" or "Company"), (NYSE: GOL and B3: GOLL4), Brazil's premier domestic airline, announces six new destinations in the Company's domestic network. As of the second half of this year, the cities of Cascavel, in the State of Paraná, Passo Fundo, in the State of Rio Grande do Sul, Vitória da Conquista, in the State of Bahia and Sinop, in the State of Mato Grosso, as well as Franca and Barretos, located in the State of São Paulo, will be served via direct flights to the capital of the State of São Paulo. The six new bases are part of a plan to increase flights to the State of São Paulo as a counterpart to the reduction of the ICMS tax rate on jet fuel.

"It's a pleasure for GOL to announce regular flights to these new destinations with our modern Boeing 737 jets, which offer Wi-Fi and live TV. The initiative of the Government of the State of São Paulo is fundamental for the development and stimulation of air transportation in the country. These new flights are the first phase of our expansion in São Paulo, which aims to strengthen the competitive position of GOL, leader in air passenger transportation in the State and also in Brazil. With these flights, we now serve a total of 73 destinations, expanding the flight options we already offer our Customers with the guarantee of best-in-class service," said Paulo Kakinoff, GOL's CEO.

In São Paulo, the new flights will be concentrated at the Guarulhos International Airport, terminal that allows fast and easy connections of Customers with other destinations operated by GOL and its partners. With the launch scheduled for August, Cascavel, Vitória da Conquista and Passo Fundo will have two non-stop daily flights each, and Sinop will have a flight every day starting in November. In total at Guarulhos GOL will offer 14 new daily flights and 42 domestic destinations, consolidating the airline as the leader in Brazil's busiest airport. In addition, the São Paulo expansion plan includes the launch of regular GOL flights at the Barretos and Franca airports, located in the interior of the State.

GOL will fly these new routes with its Boeing 737-700 Next Generation aircraft, which carry up to 138 passengers and will be the largest capacity aircraft to operate at these destinations. Customers will have at their disposal all the convenience and comfort already offered on the company's domestic flights, such as on-board service with free snacks and drinks and the most complete connectivity and entertainment platform with movies, series and live TV at no additional cost. In addition, passengers can connect to the in-flight internet service to send and receive messages and access social networks and e-mail.

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GOL Linhas Aéreas Inteligentes S.A.

GOL announces six new destinations

GOL Investor Relations

ri@voegol.com.br

www.voegol.com.br/ir

+55 (11) 2128-4700

About GOL Linhas Aéreas Inteligentes S.A.

GOL serves more than 33 million passengers annually. With Brazil's largest network, GOL offers customers more than 750 daily flights to 73 destinations in 10 countries in South America, Caribbean and the United States. GOLLOG is a leading cargo transportation and logistics business serving more than 3,400 Brazilian municipalities and, through partners, more than 200 international destinations in 95 countries. SMILES is one of the largest coalition loyalty programs in Latin America, with over 15 million registered participants, allowing clients to accumulate miles and redeem tickets for more than 700 locations worldwide, Headquartered in São Paulo. GOL has a team of more than 15,000 highly skilled aviation professionals and operates a standardized fleet of 120 Boeing 737 aircraft, delivering Brazil's top on-time performance and an industry leading 18-year safety record. GOL has invested billions of Reais in facilities, products and services and technology to enhance the customer experience in the air and on the ground. GOL's shares are traded on the NYSE (GOL) and the B3 (GOLL4). For further information, visit www.voegol.com.br/ir.

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GOL Linhas Aéreas Inteligentes S.A.

Disclaimer

GOL Linhas Aéreas Inteligentes SA published this content on 28 March 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 March 2019 12:35:04 UTC


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Sales 2022 15 136 M 2 888 M 2 888 M
Net income 2022 -1 763 M -336 M -336 M
Net Debt 2022 22 673 M 4 326 M 4 326 M
P/E ratio 2022 -1,42x
Yield 2022 2,93%
Capitalization 41 037 M 7 829 M 7 829 M
EV / Sales 2022 4,21x
EV / Sales 2023 3,34x
Nbr of Employees 13 751
Free-Float 88,9%
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Number of Analysts 13
Last Close Price 7,04 BRL
Average target price 14,88 BRL
Spread / Average Target 111%
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Celso Guimarães Ferrer Chief Executive Officer
Richard Freeman Lark CFO, Executive VP & Investor Relations Officer
Constantino de Oliveira Chairman
Antonio Kandir Independent Director
Germán Pasquale Quiroga Vilardo Independent Director
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