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GOL to Launch flights to Asuncion in January
São Paulo, December 28, 2005 GOL Linhas Aéreas Inteligentes (NYSE: GOL and Bovespa: GOLL4), Brazils low fare, low cost airline, announced today that the inaugural flight to Asuncion, Paraguay has been confirmed for January 4, 2006. GOL will initially offer one flight per week, departing from Guarulhos airport (SP) at 9:10 PM - with a stop in Curitiba (PR) and arriving in Asuncion at 11:25 PM. Returning flights Asuncion to Sao Paulo will depart Asuncion at 5:00 AM and arrive at Guarulhos at 9:00 AM.
Paraguay, which has a population of six million, is the fifth most frequented destination by Brazilians flying to neighboring countries. In 2003, approximately 144 thousand passengers traveled between Brazil and Paraguay. A member of MERCOSUR (the South American trade block comprised of Brazil, Argentina, Uruguay and Paraguay) Paraguay has a strong agricultural industry, particularly in the cultivation of soy, and in the export of energy from bi-national hydroelectrical plants in Itaipu and Yaciretá. "Asuncion is an important destination for GOL given Paraguays strong ties with Brazil and the significant demand for flights that exist between the two countries, said Tarcísio Gargioni, Vice President of Marketing and Services at GOL.
Tickets are available for purchase on GOLs website, www.voegol.com.br .
Origin | Destination | Frequency | Departs* | Arrives* |
São Paulo (Guarulhos) |
Asuncion | Daily | 9:10 PM | 11:25 PM |
Asuncion | São Paulo (Guarulhos) |
Daily | 5:00 AM | 9:00 AM |
Curitiba | Asuncion | Daily | 10:50 PM | 11:25 PM |
Asuncion | Curitiba | Daily | 5:00 AM | 7:20 AM |
Sources: IMF World Economic Outlook April 2004, Population Reference Bureau: 2004, World Population Data Sheet; Passengers: DAC.
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. The Company has one of the youngest and most modern fleets in the industry resulting 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 420 daily flights to 45 major business and travel destinations in Brazil, Argentina, and Bolivia, with substantial expansion opportunities. GOLs 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. GOLs 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 5511 2125-3200 in other countries.
Contact: GOL Linhas Aéreas Inteligentes S.A.
tel.: (5511) 5033-4393
e-mail: ri@golnaweb.com.br
www.voegol.com.br/ir
or
Media Brazil and Latin America: Roberta Corbioli or Simone Luciano MVL Comunicação (São Paulo) Tel.: (5511) 3049-0341 / 0343 e-mail: roberta.corbioli@mvl.com.br |
Media U.S. and Europe: Meaghan Smith Gavin Anderson & Company (New York) Tel.: 212-515-1904 e-mail: msmith@gavinanderson.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.
GOL LINHAS AÉREAS INTELIGENTES S.A.
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By: |
/S/
Richard F. Lark, Jr.
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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.