GOL and Qatar Airways sign code-share agreement

São Paulo, January 6, 2011 – GOL Linhas Aéreas Inteligentes S.A. (BM&FBovespa: GOLL4 and NYSE: GOL) (S&P/Fitch: BB-/BB-, Moody`s: Ba3), the largest low-cost and low-fare airline in Latin America, and Qatar Airways, the national carrier of the State of Qatar, announce today the signature of a code-share agreement.

Under the agreement, Qatar Airways will add its code (QR) to GOL flights departing from Sao Paulo to 48 Brazilian destinations.

Thus, Qatar Airways,  which operates to Sao Paulo non-stop from its hub in Doha, capital of Qatar, will be able to distribute its customers throughout GOL’s routes network, one of the most extensive on the continent, with multiple connection options. For GOL, the agreement represents an additional sales channel, which will increase passenger traffic and load factor in its own flights.

The two companies are also working on  signing a frequent flyer program agreement. Through the partnership, GOL’s SMILES members and Qatar Airways’ Privilege Club customers could earn and redeem miles on all flights operated by both carriers.

“We are pleased to establish this partnership with Qatar Airways, one of the most recognized airline companies worldwide. Through the agreement, we intend to increase demand in our system and to offer our SMILES customers direct access to the Middle East and Asia, further expanding the scope of the program, which already has partners in North America and Europe”, said Constantino de Oliveira Junior, GOL’s CEO.

“Six months ago, Qatar Airways made an historic entry into South America with non-stop flights to Sao Paulo from Doha and, in doing so, opened up many opportunities for passengers wanting to fly from our network to Brazil,” said Qatar Airways Chief Executive Officer Akbar Al Baker.

“Today, we are delighted to extend our reach even further across Brazil, South America’s largest country, through this exciting partnership with GOL. More access and more cities strengthens Qatar Airways’ network and ultimately benefits the customer with greater choice.”

In compliance with standard regulation requirements, the carriers submitted the contract to the National Civil Aviation Agency (Anac), the Brazilian aviation authority, and to the Brazilian Antitrust Agency (Cade), the antitrust counsel, for their evaluation before implementing the agreement.

About Qatar Airways
Headquartered in Doha, Qatar Airways operates to 94 destinations in North America, South America, Europe, Middle East, Africa and Asia Pacific. The airline flies its flagship Boeing 777-200 Long Range aircraft with seating capacity for 217 passengers in Economy Class and 42 in Business Class between Guarulhos International Airport in São Paulo and Doha. Qatar Airways is one of the fastest growing airlines in the world and offers excellent connectivity options for travelers from Brazil to cities such as Tokyo, Shanghai, Hong Kong, Singapore and Melbourne via Doha.

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Investor Relations
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Investor Relations

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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 900 daily flights to 59 destinations that connect all the important cities in Brazil and 14 major destinations in South America and Caribbean. The Company operates a young, modern fleet of Boeing 737 Next Generation aircraft, the safest and most comfortable of it’s class, with high aircraft utilization and efficiency levels. Fully committed to seeking innovative solutions through the use of cutting-edge technology, the Company – via its GOL, VARIG, GOLLOG, SMILES and VoeFácil brands – offers its clients easy payment facilities, a wide range of complementary services and the best cost-benefit ratio in the market.