SAO PAULO, May 15, 2014 /PRNewswire/ -- GOL Linhas Aereas Inteligentes S.A. (BM&FBOVESPA: GOLL4 e NYSE: GOL), (S&P: B, Fitch: B-, Moody's: B3), the largest low-cost and low-fare airline in Latin America, hereby announces that, in compliance with the rules governing the mandatory rotation of the Company's independent auditors set forth in article 31 of CVM Instruction 308/99, the Board of Directors' Meeting of May 13, 2014 resolved that Ernst & Young Auditores Independentes S.S. ("EY"), would replace Deloitte Touche Tohmatsu Auditores Independentes ("Deloitte") as the Company's independent auditors, as of May 15, 2014. EY will begin its activities with the review of the financial statements for the second quarter of 2014. Deloitte declared its consent with the reason for its replacement in a joint communication with the Company to the Brazilian Securities and Exchange Commission (CVM).
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ABOUT GOL LINHAS AEREAS INTELIGENTES S.A.
GOL Linhas Aereas Inteligentes S.A. (Bovespa: GOLL4 and NYSE: GOL), the largest low-cost and low-fare airline in Latin America, offers around 910 daily flights to 67 destinations in 15 countries in South America, the Caribbean and the United States under the GOL and VARIG brands, using a young, modern fleet of Boeing 737-700 and 737-800 Next Generation aircraft, the safest, most efficient and most economical of their type. The SMILES loyalty program allows members to accumulate miles and redeem tickets to more than 560 locations around the world via flights with foreign partner airlines. The Company also operates Gollog, a logistics service which retrieves and delivers cargo and packages to and from more than 3,500 cities in Brazil and six abroad. With its portfolio of innovative products and services, GOL Linhas Aereas Inteligentes offers the best cost-benefit ratio in the market.
SOURCE GOL Linhas Aéreas Inteligentes S.A.