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Jardim Aeroporto
04630-000 São Paulo, São Paulo
Federative Republic of Brazil
annual reports under cover Form 20-F or Form 40-F.
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registrant in connection with Rule 12g3-2(b):
GOL Receives 50th Aircraft; Increases Fleet Plan
São Paulo, June 27, 2006 – GOL Linhas Aéreas Inteligentes (BOVESPA: GOLL4 and NYSE: GOL), Brazilian low cost, low fare airline, announces that is has incorporated its 49th and 50thaircraft into its fleet of Boeing 737s. As a result, the Company will increase its daily operations to 530 flights. GOL currently serves 50 airports in 47 cities throughout Brazil and South America.
The Company also announces that it has increased its fleet plan for the 2006-2008 period, as part of the Company’s continuing plans for route expansion and cost reductions. The fleet expansion will adequately meet the increasing demand in the domestic market – an estimated growth of 18% growth in 2006. GOL’s aircraft have the highest productivity index in Brazil and one of the best in the world, at over 14 block hours per day. In addition, the Company’s 25 minute turnaround time is one of the shortest among airlines throughout the world.
According to David Barioni, Technical Vice President of GOL, “our fleet expansion allows the company to adequately serve market growth in Brazil and in South America. The additional aircraft allow us to add more flight frequencies, providing more opportunities for passengers to enjoy our high-quality, low-fare transportation services”.
The Company has increased its fleet plan by two 737-700 NGs in 2006, one 737-700 NG in 2007 and one 737-700 NG in 2008. GOL’s revised fleet plan is presented in the table below:
| Aircraft | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | |||||||
| 737-300 | 12 | 12 | 10 | 3 | - | - | - | |||||||
| 737-700 | 30 | 30 | 28 | 27 | 26 | 23 | 20 | |||||||
| 737-800 | 20 | 33 | 43 | 54 | 62 | 69 | 76 | |||||||
| Total | 62 | 75 | 81 | 84 | 88 | 92 | 96 | |||||||
| New 737-800 | 11 | 24 | 34 | 45 | 53 | 60 | 67 | |||||||
| Leased 737s | 51 | 51 | 47 | 39 | 35 | 32 | 29 | |||||||
About GOL Linhas Aéreas Inteligentes
GOL Linhas Aéreas Inteligentes, a “low-cost, low-fare” airline, is one of the most profitable and fastest growing airlines in the industry worldwide. GOL operates a simplified fleet with a single class of service. It also has one of the youngest and most modern fleets in the industry that results in low maintenance, fuel and training costs, with high aircraft utilization and efficiency ratios. In addition, safe and reliable services, which stimulate GOL’s brand recognition and customer satisfaction, allow GOL to have the best value proposition in the market. GOL currently offers over 500 daily flights to 50 airports in Brazil, Argentina, Bolivia, Paraguay and Uruguay. GOL growth plans include increasing frequencies in existing markets and adding service to additional markets in both Brazil and other high-traffic South American travel destinations. GOL shares are listed on the NYSE and the Bovespa. GOL: here everyone can fly!
For more information, flight times and fares, please access our site atwww.voegol.com.br or call: 0300-789-2121 in Brasil, 0810-266-3131 in Argentina, 800-1001-21 in Bolívia, 0004 055 127 in Uruguai, 009 800 55 1 0007 in Paraguai and 55 11 2125-3200 in other countries.
CONTACT: GOL Linhas Aéreas Inteligentes S.A.
Ph: (5511) 5033 4393
e-mail: ri@golnaweb.com.br
www.voegol.com.br/ir
Media:
MVL Comunicação (São Paulo)
Ph: (5511) 3049-0343 / 3049-0342
e-mail: roberta.corbioli@mvl.com.br
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.
GOL LINHAS AÉREAS INTELIGENTES S.A. | ||
| By: | /S/ Richard F. Lark, Jr. | |
Name: Richard F. Lark, Jr. Title: Vice President – Finance, Chief Financial Officer | ||
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.