GOL is Awarded Best Managed Company in the Airlines and Aviation Sector
Euromoney Magazine Announced the Results of the Best Managed Companies in Latin America Annual Poll
SAO PAULO, March 16 /PRNewswire-FirstCall/ -- GOL Linhas Aereas Inteligentes S.A. (NYSE: GOL and BM&FBOVESPA: GOLL4), the largest low-cost and low-fare airline in Latin America, announces the award of Best Managed Company in the Airlines and Aviation Sector by Euromoney Magazine's fifth annual ranking. According to the magazine, published in March 2010, GOL has excelled among its peers in the industry in a year when global and regional financial crises have provided Latin America's corporate executives with stark evidence of the benefits of good corporate governance.
The poll is given by Euromoney Magazine and rewards those companies with the most convincing and coherent business strategies by region, country and industry, as well as highlighting those that demonstrate sound practice of corporate governance.
The ranking is based on a survey of market analysts at major banks, consultancy firms and research institutes focusing on Latin America. Respondents were asked to nominate the top three companies in each of the countries or sectors they covered, taking into account their market strength, profitability, growth potential, quality of management and earnings.
"GOL is a company that values and applies accurately the good corporate governance practices, with a dedicated team that is always working to deliver strong financial results with low costs and operational efficiency, while providing quality service to customers. Winning this award symbolizes the efforts of employees around these issues; I therefore thank and dedicate this award to them," said Constantino de Oliveira Junior, CEO and co-founder of GOL Linhas Aereas Inteligentes.
About Euromoney magazine:
Euromoney magazine is the flagship title of London-based financial communications company Euromoney Institutional Investor PLC. Founded in 1969 by Sir Patrick Sergeant, Euromoney magazine is the voice of the international capital markets and last year celebrated 40 years of unparalleled coverage of the global bond, equity and foreign exchange markets. Euromoney Institutional Investor PLC is a constituent of the FTSE-250 index and is listed on the London and New York Stock Exchanges.
About GOL Linhas Aereas Inteligentes S.A.
GOL Linhas Aereas Inteligentes S.A. (NYSE: GOL and BMF&BOVESPA: GOLL4), the largest low-cost and low-fare airline in Latin America, offers more than 860 daily flights to 50 destinations that connect all the important cities in Brazil and ten major destinations in South America and the Caribbean. 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. Fully committed to seeking innovative solutions through the use of cutting-edge technology, the Company -- via its GOL, VARIG, GOLLOG, SMILES and VOE FACIL brands -- offers its clients easy payment facilities, a wide range of complementary services and the best cost-benefit ratio 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.
Contact
Investor Relations
Leonardo Pereira - CFO and IR Director
Rodrigo Alves - Head of IR
Raquel Kim - Investor Relations
Mario Liao - Investor Relations
Phone.: (55 11) 2128-4700
E-mail: [email protected]
Website: www.voegol.com.br/ir
Twitter: www.twitter.com/GOLinvest
Corporate Communications
Phone: (55 11) 2128-4413
E-mail: [email protected]
Twitter: www.twitter.com/GOLcomunicacao
Media Relations
Edelman (USA and Europe):
M. Smith and N. Dean
Phone.: 1 (212) 704-8196 / 704-4484
E-mail: [email protected]
or [email protected]
SOURCE GOL Linhas Aereas Inteligentes S.A.
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