GOL: PRASK Grows 27%, Driven by the 6% Increase in Yield and the 12.7 p.p. Upturn in Load Factor, Year-Over-Year

São Paulo, March 17, 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, hereby announces its preliminary figures for February 2014.

PRASK, Yield, Load Factor and Fuel Prices
Net PRASK increased by 27% year-over-year in February/14, fueled by the 12.7 percentage point upturn in the load factor, which reached 76.7%. In the same period, yield grew by 6% over February/13.

February’s average jet fuel price moved up by around 8% over the same month last year, due to the devaluation of the Real against the Dollar and the increase in international oil prices.

Domestic Market
Domestic market supply remained virtually flat in February, while demand climbed by 19.5%. As a result, the load factor reached 77.5%, 12.6 percentage points higher than in February/2013.

International Market
Supply in the international market increased by 1.6%, while demand grew by 25.4%, leading to a 13.5 percentage point upturn in the load factor, which reached 70.8%.