SAO PAULO, Oct. 7 /PRNewswire-FirstCall/ -- GOL Linhas Aereas Inteligentes S.A. (NYSE: GOL, Bovespa: GOLL4), the largest low-cost and low-fare airline in Latin America, and AeroMexico announce that the companies have signed a code- share agreement. The companies are also evaluating the possibility of linking their frequent flyer programs, GOL's SMILES and Aeromexico's Club Premier.

Under the code-share agreement, AeroMexico will add its IATA code to GOL flights from Sao Paulo to six Brazilian destinations: Rio de Janeiro (RJ - Galeao and Santos Dumont airports), Belo Horizonte (MG), Porto Alegre (RS), Curitiba (PR), Brasilia (DF) and Salvador (BA). The Mexican company will benefit its clients with more flight connection options throughout Brazil, while representing an additional sales channel, increasing passenger traffic and load factor for the Brazilian carrier.

Headquartered in Mexico DF, Aeromexico is the only company that offers daily flights between Sao Paulo (Aeroporto Internacional de Guarulhos) and Mexico DF, operating Boeing 777 aircraft. AeroMexico Group, with its regional subsidiaries, operates 600 daily flights and carried more than 10 million passengers in 2008.

In compliance with standard regulation requirements, GOL will submit the contract to Agencia Nacional de Aviacao Civil (ANAC), the Brazilian aviation authority, and to Conselho Administrativo de Defesa Economica (CADE), the antitrust counsel, for their evaluation before implementing the agreement.

About GOL Linhas Aereas Inteligentes S.A.

GOL Linhas Aereas Inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4), the largest low-cost and low-fare airline in Latin America, offers around 800 daily flights to 49 destinations that connect all the important cities in Brazil and ten major destinations in South America. 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. The Company's service is recognized as the best value proposition 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.

    Investor Relations
    Leonardo Pereira - CFO and IRO
    Rodrigo Alves - Head of IR
    Phone: (55 11) 2128-4700
    E-mail: ri@golnaweb.com.br
    Website: www.voegol.com.br/ir
    Twitter: www.twitter.com/GOLInvest

    Corporate Communications
    Phone: (55 11) 2128-4413
    comcorp@golnaweb.com.br
    Twitter: www.twitter.com/GOLcomunicacao

    Media Relations
    Edelman (U.S. and Europe):
    M. Smith and N. Dean
    Phone: 1 (212) 704-8196 / 704-4484
    meaghan.smith@edelman.com or
    noelle.dean@edelman.com

SOURCE GOL Linhas Aereas Inteligentes S.A.

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