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05457-006 São Paulo, São Paulo
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annual reports under cover Form 20-F or Form 40-F.
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registrant in connection with Rule 12g3-2(b):
VRG Announces New Interline Agreements with Six European Airlines
São Paulo, March 4, 2008–GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4), the parent company of Brazilian airlines GOL Transportes Aéreos S.A. (“GTA”, Brazil’s low-cost, low-fare airline) and VRG Linhas Aéreas S.A. (“VRG”, Brazil’s premium service airline), announces six new interline agreements between VRG and European carriers.
Beginning this month, VRG passengers traveling on domestic and international flights can purchase tickets to all destinations served by Greece’s Aegean, Moldova’s Air Moldova, Spain’s Air Comet, the Czech Republic’s CSA Czech Airlines, Poland’s LOT Polish Airlines, and the Ukraine’s Ukraine International Airlines.
In addition to offering passengers the added convenience of having luggage checked through to their final destination, these interline agreements simplify the ticket purchasing process through global travel agents or VRG’s call centers.
Since September 2007, VRG has participated in MITA (Multilateral Interline Traffic Agreement), an IATA network of airlines from around the world. All MITA members have the option to enter interline agreements with other member airlines.
In addition to these new partnerships, VRG maintains interline agreements with Brazil’s GOL, France’s Air France, Germany’s Hahn Air, Holand’s KLM, Hungary’s Malev, Israel’s El Al, Italy’s Air One, Japan’s Japan Airlines (JAL), Mexico’s Mexicana, South Korea’s Korean Air, Spain’s Iberia, Qatar’s Qatar Airways and the United States’ Delta Air Lines.
Passengers traveling under theSmilesfrequent flier program can only accumulate miles on flights operated by VRG.
About GOL Linhas Aéreas Inteligentes S.A.
GOL Linhas Aéreas Inteligentes S.A. is the parent company of Brazilian airlines GOL Transportes Aéreos S.A. (“GTA”, a low-cost, low-fare airline which operates the GOL brand) and VRG Linhas Aéreas S.A. (“VRG”, a premium service airline which operates the VARIG brand). GTA and VRG offer daily flights to more destinations in Brazil than any other domestic airline while providing customers with the most convenient flight schedules in the country. The airlines operate a young, modern fleet of Boeing aircraft, the safest and most comfortable aircraft of its class, with low maintenance, fuel and training costs, and high aircraft utilization and efficiency ratios. In addition to safe and reliable services, which stimulate brand recognition and customer satisfaction, the Company’s service is recognized as the best value proposition in the market. Growth plans include increasing frequencies in existing markets and adding service to additional markets in both Brazil and other high-traffic travel destinations. Shares are listed on the NYSE (GOL) and the Bovespa (GOLL4) stock exchanges.
CONTACT: GOL Linhas Aéreas Inteligentes S.A.
Investor Relations | Media | |
Ph: (5511) 3169 6800 | Brazil & Latin America | |
E-mail:ri@golnaweb.com.br | Ph: (5511) 3169 6967 | |
Site:www.voegol.com.br/ir | E-mail:comcorp@golnaweb.com.br | |
U.S. & Europe | ||
Edelman; M. Smith and N. Dean | ||
Ph: +1 (212) 704-8196 / 704-4484 | ||
E-mail:meaghan.smith@edelman.com | ||
noelle.dean@edelman.com |
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.
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GOL LINHAS AÉREAS INTELIGENTES S.A. | ||
By: | /S/ Richard F. Lark, Jr. | |
Name: Richard F. Lark, Jr. Title: Executive 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 a ctually 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.