GOL Announces Commercial Agreement with the Regional Airline NOAR Linhas Aereas

GOL includes Caruaru in its route network via the sale of NOAR's routes through its sales channels

Sep 10, 2010, 09:39 ET from GOL Linhas Aereas Inteligentes S.A.

SAO PAULO, Sept. 10 /PRNewswire/ -- GOL Linhas Aereas Inteligentes S.A. (NYSE: GOL; BM&FBovespa: GOLL4), (S&P/Fitch: BB-/BB-, Moody's: Ba3), the largest low-fare and low-cost airline in Latin America, has entered into a commercial agreement with NOAR Linhas Aereas, a Brazilian regional carrier, to sell the latter's tickets in all its sales channels.

Currently, NOAR operates flights from Monday through Friday between Recife and Caruaru; Recife and Aracaju, with a stop in Maceio; Recife and Natal, with a stop in Joao Pessoa; and flights to Aracaju with a stop in Maceio during the weekends. In addition to including Caruaru in its route network, GOL will now be offering new direct flights between destinations in the Northeast. GOL passengers connecting up with NOAR flights will only need to check-in once and their luggage will go directly to the final destination.

Based in Recife, NOAR Linhas Aereas began operations on June 14, 2010, with the aim of providing flights between the state capitals of the Northeast and the large urban centers in the interior of the region. The company operates two LET-410s, twin-engine turboprop aircraft carrying up to 19 passengers, with substantially lower short-haul operating costs than other aircraft in their category.

"This is a strategic agreement for GOL, since it expands the regional penetration of its route network," explained Claudia Pagnano, the Company's Market Vice-President. "To begin with, we are offering our customers flights to Caruaru, the most populous city in the interior of Pernambuco state."

The routes included will be available in all of GOL's sales channels, and tickets can be purchased up to two days prior to the flight date. The agreement does not include the accumulation of SMILES mileage on NOAR flights.

Investor Relations Contacts:

Leonardo Pereira – Vice President / CFO

Rodrigo  Alves – Capital Markets Officer

Raquel Kim – Investor Relations

Mario Liao – Investor Relations

Phone.: (55 11) 2128-4700

E-mail: ri@golnaweb.com.br

Website: www.voegol.com.br/ir

Twitter: www.twitter.com/GOLinvest

SOURCE GOL Linhas Aereas Inteligentes S.A.