GOL Announces Demand Growth of 26.5% and Load Factor of 63.2%

SAO PAULO, May 7 /PRNewswire-FirstCall/ -- GOL Linhas Aereas Inteligentes S.A. (NYSE: GOL; BM&FBOVESPA: GOLL4), the largest low-cost and low-fare airline in Latin America, recorded its highest April demand figures in the domestic market since it began operations in 2001.

Demand

In April 2010, demand on GOL's total and domestic route network increased by 26.5% and 29.6%, respectively, fueled by the improved economic scenario in Brazil and Latin America and the Company's competitive advantages in the business segment, especially its higher flight frequency between Brazil's main airports, particularly during business hours. The rapid development of the SMILES program and exemplary quality indices (punctuality, regularity and client service), also helped GOL become the traveler's airline of choice.

In comparison with the previous month, domestic and international demand fell by 6.1% and 5.2% respectively, due to seasonality and the smaller number of calendar days (31 days in March, versus 30 in April).

Demand on GOL's international route network grew by 5.6% year-over-year, mainly reflecting the recovery of economic activity in South America, on flights to Argentina and Chile, and high demand on the Caribbean routes.

Capacity

In this context of demand growth, with its disciplined strategy of capacity growth, capacity moved up by 17.4% over April 2009, in line with the upturn in demand, and fell by 3.7% over March 2010, given the smaller number of business days.

Load Factor and Yield

As a result, the Company's load factor increased by 4.5 p.p. over April 2009 to 63.2% (63.7% on the domestic market and 59.4% on the international market), and recorded a 1.50 p.p. decline over the previous month.

Yields maintained their upward trajectory, averaging slightly above 20 cents (R$), despite the seasonally weaker period. As a result, current yield levels are in line with the Company's financial perspective.

SOURCE GOL Linhas Aereas Inteligentes S.A.