GOL Discloses Preliminary Traffic Figures For January 2019

SAO PAULO, Feb. 5, 2019 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), Brazil's premier domestic airline, announces today preliminary air traffic figures for the month of January, 2019. Comparisons refer to the same period of 2018.

Highlights

    --  GOL's domestic supply (ASK) increased by 3.3% and demand (RPK) increased
        by 3.9%. GOL's domestic load factor was 84.6%, a 0.5 p.p. increase in
        comparison to January 2018. The volume of departures decreased by 1.1%
        and seats increased by 3.7% over January 2018.


    --  GOL's international supply (ASK) and demand (RPK) increased by 22.1% and
        18.1%, respectively, and international load factor was 77.3%, a decrease
        of 2.7 p.p. in relation to January 2018.

    --  GOL's total supply (ASK) increased 5.7% due to a 3.3% increase in seats
        and a 1.0% decrease in departures. GOL's total demand (RPK) increased by
        5.6% in comparison to January 2018 and consolidated load factor was
        83.5%.

                                      Monthly Traffic Figures
                                       ((1))                  LTM Traffic Figures ((1))


                   Operational data *                  Jan/19                   Jan/18              % Var.   Jan/19 LTM   Jan/18 LTM             % Var.

    ---

                   Total GOL



       Departures                                     24,470                    24,713                -1,0%      249,797       251,551               -0.7%


        Seats (thousand)                                4,274                     4,139                 3.3%       43,103        42,095                2.4%


        ASK (million)                                   5,169                     4,890                 5.7%       48,336        46,922                3.0%


        RPK (million)                                   4,316                     4,086                 5.6%       38,654        37,435                3.3%



       Load Factor                                     83.5%                    83.5%  
     0.0 p.p                 80.0%        79.8%    0.2 p.p


        Pax on board
         (thousand)                                     3,509                     3,344                 4.9%       33,586        32,562                3.1%

    ---

                   Domestic GOL



       Departures                                     22,828                    23,084                -1.1%      235,657       237,113               -0.6%


        Seats (thousand)                                3,994                     3,852                 3.7%       40,690        39,544                2.9%


        ASK (million)                                   4,411                     4,270                 3.3%       42,569        41,556                2.4%


        RPK (million)                                   3,730                     3,590                 3.9%       34,406        33,346                3.2%



       Load Factor                                     84.6%                    84.1%  
     0.5 p.p                 80.8%        80.2%    0.6 p.p


        Pax on board
         (thousand)                                     3,295                     3,116                 5.8%       31,759        30,634                3.7%

    ---

                   International GOL



       Departures                                      1,642                     1,629                 0.8%       14,140        14,438               -2.1%


        Seats (thousand)                                  280                       287                -2.3%        2,413         2,551               -5.4%


        ASK (million)                                     758                       621                22.1%        5,767         5,366                7.5%


        RPK (million)                                     586                       496                18.1%        4,248         4,089                3.9%



       Load Factor                                     77.3%                    80.0%  
     -2.7 p.p                73.7%        76.2%    -2.5 p.p


        Pax on board
         (thousand)                                       213                       229                -6.7%        1,827         1,928               -5.3%

    ---

                   On-time Departures                   90.0%                    91.2%  
     -1.2 p.p.               91.9%        94.5%    -2.6 p.p


                   Flight Completion                    90.0%                    99.0%  
     -9.0 p.p.               97.7%        98.4%    -0.7 p.p


                   Cargo Ton                              7.2                       8.0               -10.0%        109.3         103.9                5.2%

    ---

* Source: Agência Nacional de Aviação Civil (ANAC) and the Company for the current month.

(()(1)) Preliminary Figures

GOL Investor Relations
ri@voegol.com.br
www.voegol.com.br/ir
+55 (11) 2128-4700

About GOL Linhas Aéreas Inteligentes S.A. ("GOL")

GOL serves more than 30 million passengers annually. With Brazil's largest network, GOL offers customers more than 700 daily flights to 69 destinations in 10 countries in South America, Caribbean and the United States. GOLLOG is a leading cargo transportation and logistics business serving more than 3,400 Brazilian municipalities and, through partners, more than 200 international destinations in 95 countries. SMILES is one of the largest coalition loyalty programs in Latin America, with over 14 million registered participants, allowing clients to accumulate miles and redeem tickets for more than 700 locations worldwide, Headquartered in São Paulo. GOL has a team of more than 15,000 highly skilled aviation professionals and operates a fleet of 120 Boeing 737 aircraft, with a further 133 Boeing 737 MAX on order, delivering Brazil's top on-time performance and an industry leading 18 year safety record. GOL has invested billions of Reais in facilities, products and services and technology to enhance the customer experience in the air and on the ground. GOL's shares are traded on the NYSE (GOL) and the B3 (GOLL4). For further information, visit www.voegol.com.br/ir.

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SOURCE GOL Linhas Aéreas Inteligentes S.A.