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Gollog and Emirates SkyCargo Sign Cargo Transportation Partnership
São Paulo, July 14, 2008 GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4), the parent company of Brazilian airlines GOL Transportes Aéreos S.A. (GTA) and VRG Linhas Aéreas S.A. (VRG), announces that its cargo transport unit, Gollog, has signed a partnership with Emirates SkyCargo, the cargo division of Emirates Airline, to transport cargo to all destinations operated by the two companies.
Under the agreement, Gollog will use GTA and VRG aircraft to transport cargo originating in any of the 59 destinations in Brazil and South America served by either airline and deliver it to Guarulhos International Airport in São Paulo. Upon arrival at Guarulhos, the cargo will be transferred to an Emirates aircraft for shipment to Dubai, United Arab Emirates. From Dubai, Emirates will then distribute the cargo to one of its more than 101 destinations in 62 countries, where it will then be delivered to its final destination. Alternatively, cargo shipped to São Paulo via Emirates SkyCargo will be transferred to GTA and VRG aircraft and transported to its final destination through GOL Linhas Aéreas Inteligentes domestic and international route network.
It is a privilege for GOL, through GOLLOG, to have been chosen to transport Emirates cargo. This partnership demonstrates our teams ability to meet new market demands, in addition to providing our customers with an additional alternative, says Tarcísio Gargioni, GOL Linhas Aéreas Inteligentes vice-president, marketing and services. By working together, we hope to increase the commercial relations between South America, the Middle East and Asia, which will also benefit export.
Emirates SkyCargo operates seven weekly frequencies between São Paulo and Dubai. According to the Arab-Brazilian Chamber of Commerce, Brazilian exports transported by air to Arab countries have increased approximately 60% since the company entered the market, increasing from 2,200 to 3,400 tons.
CONTACT: | About GOL Linhas Aéreas Inteligentes S.A. | |
IR | GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4) is the parent company of Brazilian airlines GOL Transportes Aéreos S.A. and VRG Linhas Aéreas S.A. GTA offers over 640 daily flights to 56 destinations connecting the most important cities in Brazil as well as the main destinations in South America. VRG offers over 120 daily flights to 14 destinations in Brazil. GTA and VRG 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. The Companys service is recognized as the best value proposition in the market. | |
Ph.: (5511) 3169-6800 | ||
ri@golnaweb.com.br | ||
www.voegol.com.br/ir | ||
Media | ||
Ph.: (5511) 3169-6967 | ||
comcorp@golnaweb.com.br | ||
Edelman: | ||
M. Smith and N. Dean | ||
Ph: 1 (212) 704-8196 / 704-4484 | ||
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. . Such forward-looking statements depend, substantially, on external factors, besides those disclosed in GOLs filed disclosure documents and are, therefore, subject to change without prior notice. | |
noelle.dean@edelman.com | ||
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By: |
/S/ Anna Cecília Bettencourt Cochrane |
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Name: Anna Cecília Bettencourt Cochrane
Title: Investor Relations 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.