Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under
the Securities Exchange Act of 1934.
Yes ______ No ___X___
Continental Airlines to Sell GOLs Tickets for Travel in Brazil
and South America
Sao Paulo, June 11, 2007 GOL Linhas Aéreas Inteligentes (NYSE: GOL and Bovespa: GOLL4), Brazils low-cost, low-fare airline, announces an agreement with Continental Airlines whereby passengers flying with Continental will be able to purchase tickets on all routes served by GOL for connections in Brazil and South America.
While the partnership covers all routes served by both airlines, only Continental will be able to sell tickets on GOL flights. This agreement will open a new market for us, especially in the United States. Our partner, Continental, is one of the worlds top five airlines and were proud that this agreement will allow Continentals passengers to also enjoy the benefits of low-cost, low-fare and high quality travel provided by GOL, says Tarcisio Gargioni, GOLs Vice-President of Marketing and Services.
In allowing customers to purchase one ticket for their entire trip, this partnership will save passengers time and money and make traveling easier. Tickets to the 57 destinations served by GOL throughout Brazil and South America, with connections in Sao Paulo (Guarulhos airport) and Rio de Janeiro (Galeão airport), will be available for purchase through Continental and travel agents. GOL will benefit from increased load factors and related revenue.
GOL will honor Continentals baggage allowance of up to two pieces and 32 kilos on connecting flights.
About GOL Linhas Aéreas Inteligentes S.A. Group
GOL Linhas Aéreas Inteligentes S.A. (GLAI) is the parent company of low cost airlines GOL Transportes Aéreos S.A. (GTA, which operates the GOL brand) and VRG Linhas Aéreas S.A. (VRG, which operates the VARIG brand). GTA and VRG offer daily flights to more destinations in Brazil than any other domestic airline while providing customers with the most convenient flight schedules in the country. The airlines operate a young, modern fleet of Boeing aircraft, the safest and most comfortable aircraft of its class, with low maintenance, fuel and training costs, and high aircraft utilization and efficiency ratios. In addition to safe and reliable services, which stimulate brand recognition and customer satisfaction, the Companys service is recognized as the best value proposition in the market. Growth plans include increasing frequencies in existing markets and adding service to additional markets in both Brazil and other high-traffic travel destinations. Shares are listed on the NYSE (GOL) and the Bovespa (GOLL4) stock exchanges.
GOL Transportes Aéreos S.A. offers 630 daily flights to 58 destinations connecting the most important cities in Brazil as well as the main destinations in Argentina, Bolivia, Chile, Paraguay, Peru and Uruguay. For more information on GOL flight times and fares, please access our site at www.voegol.com.br or call: 0300-789-2121 in Brazil, 0810-266-3131 in Argentina, 800-1001-21 in Bolivia, 0004 055 127 in Uruguay, 1 888 0042 0090 or 1230 020 9104 in Chile, 009 800 55 1 0007 in Paraguay, 0800 52 900 in Peru and 55 11 2125-3200 in other countries.
VRG Linhas Aéreas S.A. currently flies to 11 destinations in Brazil: Brasília, Belo Horizonte, Curitiba, Fortaleza, Fernando de Noronha, Manaus, Porto Alegre, Recife, Rio de Janeiro, Salvador and São Paulo. VRG also serves four international destinations in South America and Europe: Buenos Aires, Bogotá and Caracas, in South America and Frankfurt, in Europe.
CONTACT: GOL Linhas Aéreas Inteligentes S.A.
Investor Relations | Corporate Communications |
Ph: (5511) 3169 6800 | Ph: (5511) 3169 6967 |
E-mail: ri@golnaweb.com.br | E-mail: |
Site: www.voegol.com.br/ir | comunicacaocorporativa@golnaweb.com.br |
Media Brazil & Latin America | Media U.S. & Europe |
MVL Comunicação; D. Barbará and E. Oliveira | Edelman; G. Juncadella and M. Smith |
Ph: (5511) 3049-0349 / 0341 | Ph: 1 (212) 704-4448 / 704-8196 |
E-mail: daniela.barbara@mvl.com.br | E-mail:gabriela.juncadella@edelman.com |
eduardo.oliveira@mvl.com.br | meaghan.smith@edelman.com |
This release contains forward-looking statements relating to the prospects of the business, estimates for operating and financial results, and those related to growth prospects of GOL. These are merely projections and, as such, are based exclusively on the expectations of GOLs management concerning the future of the business and its continued access to capital to fund the Companys business plan. Such forward-looking statements depend, substantially, on changes in market conditions, government regulations, competitive pressures, the performance of the Brazilian economy and the industry, among other factors and risks disclosed in GOLs filed disclosure documents and are, therefore, subject to change without prior notice.
GOL LINHAS AÉREAS INTELIGENTES S.A. |
||
By: |
/S/ Richard F. Lark, Jr.
|
|
Name: Richard F. Lark, Jr.
Title: Executive Vice President Finance, Chief Financial Officer |
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will a ctually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.