São Paulo, November 25, 2013 - GOL Linhas Aéreas Inteligentes S.A. (BM&FBOVESPA: GOLL4 and NYSE: GOL), (S&P: B, Fitch: B-, Moody’s: B3), the largest low-cost and low-fare airline in Latin America hereby announces its preliminary air traffic figures for October/2013.

PRASK, Yield and Fuel Prices

Net PRASK moved up by 21% in October over the same month last year, and the Company recorded an 8.3% reduction in domestic supply in the same period. This was the 11th month of double-digit growth of this indicator, since November/12.

This growth was the result of GOL’s strategy of attracting more business passengers, who prioritize flexibility, punctuality and competitive fares with flights booked less in advance. In addition, through various sales channels, the company offers competitive rates for all audiences, especially the client who travels for leisure.

Net yield recorded an increase of 14% compared to the same period last year, to between R$22.5 and R$23.0 cents, accompanied by a 4.6 percentage point increase in total load factor, reaching 73.7% from 69.2%. This is the highest load factor recorded in 2013.

The average jet fuel price* moved up by around 3% compared to October/12, due to the depreciation of the Real against the Dollar in August and September, which comprise October’s jet fuel price formation period due to the time gap.

     (*)The per-liter fuel price considers total fuel and lubricant expenses divided by period consumption.

                   (*) October 2013 – preliminary figures; October 2012 and September 2013 – National Civil Aviation Agency (ANAC) figures.

Domestic Market

In October, GOL’s domestic market supply fell by 8.3% over October/12. In the same period, demand declined by 1.8%, while the domestic load factor reached 74.6%, 4.9 percentage points up over the same period last year. PRASK growth outpaced the reduction in supply again, as shown in the chart below:

Domestic PRASK & ASK – Annual Variation

              International Market

International supply climbed by 29.4% over October/12, chiefly due to the flights to Santo Domingo, Miami and Orlando that began at the end of last year. Demand increased by 36.8%, primarily due to these routes, while the international load factor grew by 3.6 percentage points.  

This upturn occurred despite the increased representativeness of the flights to Santo Domingo, where around 85% of our seats are available for sale on our 737-800 NG aircraft, which reduces our load factor indicator. In accordance with ANAC’s methodology, the load factor is calculated over the aircraft’s total capacity.

               ABOUT GOL LINHAS AÉREAS INTELIGENTES S.A.

GOL Linhas Aéreas Inteligentes S.A. (BM&FBOVESPA: GOLL4 and NYSE: GOL), the largest low-cost and low-fare airline in Latin America, offers around 910 daily flights to 65 destinations in 10 countries in South America, 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 Aéreas Inteligentes offers the best cost-benefit ratio in the market.