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GOL and Amadeus Sign Distribution Agreement
The agreement increases focus on international sales
São Paulo, July 14, 2005 GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4), Brazils low-cost, low-fare airline, and Amadeus, the global leader in technology for the travel and tourism market, have signed an agreement for the distribution of GOLs flight and fare information to tourism professionals around the globe. Effective August 2005, GOLs flights will be available for booking and sales through the Amadeus System.
Given our expansion and international code-share projects, we recognized the need to increase our distribution channels and reach a greater number of passengers, particularly in the United States and Europe, said Wilson Maciel, GOLs Planning and IT Vice-President. In addition to sales through GOLs website, the agreement with Amadeus will make GOLs flight information available to more than 67,000 travel agencies in 217 markets around the world. Our philosophy is based on low costs, high productivity and high quality service. Amadeus will help us continue to grow, as we will now be able to offer our highly competitive fares with a greatly expanded reach, added Mr. Maciel.
For more than 10 years, the worlds leading airlines have trusted in Amadeus technology to grow their business economically and efficiently. The agreement with GOL, one of the most successful low-cost airlines in the world, makes us especially proud. GOL is the 26th airline in the low-cost segment to have its flight and fare information distributed by Amadeus. This partnership will benefit the entire travel industry, particularly in the Americas and Europe, where Amadeus is a top provider, stated Marcos Torres, Amadeus Brazils CEO. Approximately 500 airlines are currently available through the Amadeus System.
In 2004, 80 percent of GOLs ticket sales were generated through on its website. This online sales success can be largely attributed to the Companys efforts in promoting the Internet as an effective tool for the purchase of airline tickets. Attracted by the ease offered by GOLs sales channels, travel agents were also included in the internet process and obtained gains in productivity and new markets. GOL will maintain its policy of prioritize ticket sales through its website: www.voegol.com.br.
About GOL Linhas Aéreas Inteligentes
GOL Linhas Aéreas Inteligentes, a low-cost, low-fare airline, is one of the most profitable and fastest growing airlines in the industry worldwide. GOL operates a simplified fleet with a single class of service. It also has one of the youngest and most modern fleets in the industry that results in low maintenance, fuel and training costs, with high aircraft utilization and efficiency ratios. In addition, safe and reliable services, which stimulate GOL's brand recognition and customer satisfaction, allow GOL to have the best value proposition in the market. GOL currently offers over 350 daily flights to 42 major business and travel destinations in Brazil and Argentina , with substantial expansion opportunities. In 2005, GOL plans to grow by increasing frequencies in existing markets and adding service to additional markets in both Brazil and other high-traffic South American travel destinations. GOL listed its shares on the NYSE and the Bovespa in June
2004. For more information, 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 , or 55 11 2125-3200 from overseas. GOL: Here everyone can fly!
About Amadeus
Amadeus has operated in Brazil since 1994 and is a leader in technology for travel and tourism markets. In 1999 NMC (National Marketing Company) Amadeus Brasil was created to represent the largest global distribution system for the travel and tourism industry in the country. In 2004 Amadeus Global took over the shareholder and management control of Amadeus Brasil, starting a process of renovation of its solution portfolio. Brasil is among the 10 most important markets for Amadeus within the more than 215 markets in which the company operates. Constant investments in the Brazilian operation enable the company to accelerate its growth in Brazil and in Latin America , region where Amadeus is also the leader. Amadeus Brasil's headquarters are located in Sâo Paulo and it has more than 10 offices across Brazil .
CONTACT: GOL Linhas Aéreas Inteligentes S.A.
Investor Relations: | ||
Ph: (5511) 5033 4393 | ||
e-mail: ri@golnaweb.com.br | ||
www.voegol.com.br (IR section) | ||
or | ||
Media - US: | Media - Brazil, Latin America and Europe: | |
Gavin Anderson & Company | MVL Comunicação | |
Gabriela Juncadella | Juliana Cabrini or Roberta Corbioli | |
Ph: 212-515-1957 | Ph: (5511) 3049-0343 / 0341 | |
e-mail: gjuncadella@gavinanderson.com | e-mail: juliana.cabrini@mvl.com.br |
Press information about Amadeus: |
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RMA Comunicação e Marketing |
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Christiane Hato phone: (11) 2244-5969 e-mail: christiane.hato@rmacomunicacao.com.br | ||
Paula Zaidan - phone: (11) 2244-5990 e-mail: paula.zaidan@rmacomunicacao.com.br |
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.
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By: |
/S/
Richard F. Lark, Jr.
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Name: Richard F. Lark, Jr.
Title: Vice President Finance, Chief Financial Officer
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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 actually 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.