GOL Expands Sales Channels by Opening New Stores Internationally

SAO PAULO, May 21 /PRNewswire-FirstCall/ -- GOL, Latin America's largest low-cost airline, is expanding its sales channels by opening brick-and-mortar stores in all international cities served by the Company. The outlets will function as points of sale and as an additional customer service channel where customers can purchase tickets and obtain information on products and services, flight times, destinations, prices, etc.

"Thanks to these new stores, we are able to offer our customers more personalized service, meeting the local needs of each country or region. We understand that we serve different communities with very distinct expectations and are committed to providing the best possible service," said Tarcisio Gargioni, GOL's vice president -- marketing and services. "For the Company, this is also an important new channel for generating revenue."

The first outlet opened today in Asuncion, the capital of Paraguay, in the Paseo Carmelitas, a bustling shopping and entertainment complex on Avenida Espana, one of the most prestigious addresses in the city. In the next few months, GOL will also open stores in Buenos Aires, Cordoba and Rosario (Argentina), Santa Cruz de la Sierra (Bolivia), Santiago (Chile), Lima (Peru) and Montevideo (Uruguay), as well as Cochabamba and La Paz (Bolivia). In Bogota (Colombia) and Caracas (Venezuela), destinations currently served by the VARIG brand, existing stores will be reorganized and moved to more convenient locations to ensure better customer service.

Additionally, the Company will expand its sales structure in each destination. In certain markets it will install outsourced Sales Promotion Representatives (SPRs), who will work with GOL to facilitate ticket sales to final customers and travel agents - similar to the franchise model used by Gollog, GOL's cargo division. The cost of opening and maintaining the outlets is the responsibility of the SPRs, who will operate under the Company's Franchise Guidelines, which includes everything from brand application rules to employee training.

"The new representatives will strengthen GOL's presence abroad and are part of our drive to internationalize our brands, adding value to the Company but also providing additional benefits for our customers. Our aim is to be the first and most convenient option for anyone traveling throughout South America," added Gargioni.

About GOL Linhas Aereas Inteligentes S.A.

GOL Linhas Aereas Inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4), Brazil's low-cost airline, 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.

    CONTACT
    Investor Relations

    Leonardo Pereira - CFO and IRO
    Rodrigo Alves - IR Manager
    Tel.: (11) 2128-4700
    E-mail: ri@golnaweb.com.br
    Website: http://www.voegol.com.br/ir

SOURCE GOL Linhas Aereas Inteligentes S.A.