GOL: Domestic Load Factor Reaches 80% and Demand Grows by 8.1% in July

São Paulo, August 22, 2014 – GOL Linhas Aéreas Inteligentes S.A. (BM&FBOVESPA: GOLL4 and NYSE: GOL), (S&P: B, Fitch: B-, Moody’s: B3), the largest low-cost and low-fare airline in Latin America announces its preliminary air traffic figures for July 2014. Comparisons refer to July 2013 and 7M13.

GOL’s July 2014 Highlights
Domestic Load Factor reached 80%, GOL’s highest ever July figure and 8.6p.p. up over the same
month last year, giving a year to date domestic load factor of 77%. Domestic Demand increased by 8.1% in July and 8.9% year to date.

The Company maintained its focus on adjusting Domestic Supply, which fell by 3.6% in the month and 2.4% year to date.

The Company Transported 3.3 million Passengers in the Domestic Market in July, 9.4% up year over year, and 21.4 million year to date, 10% more than in the same period in 2013. As a result, GOL maintained its position as Brazil’s leading air carrier.

International Demand grew by 12.4%, fueled by a 5.8p.p. increase in the international load factor in July, in line with the Company’s objective of increasing its foreign-currency revenue.

GOL was the most punctual airline in July, with ratios of 95.9% and 95.2% on domestic and international GOL became the top-ranked South American airline according to Flight View’s global airlines on-time performance ratings.