GOL Announces Traffic Statistics for August 2007

SAO PAULO, Brazil, Sept. 6 /PRNewswire-FirstCall/ -- GOL Linhas Aereas Inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4), the parent company of Brazil's low-cost airlines GOL Transportes Aereos S.A. ("GTA") and VRG Linhas Aereas S.A. ("VRG"), today released preliminary passenger statistics for the month of August/2007. Consolidated domestic passenger traffic (RPK) for August/2007 increased 1% and capacity (ASK) increased 44% year-over-year. Domestic consolidated load factor for the month was 54%, and in the international market consolidated load factor was 55%. GOL's total consolidated load factor for the month of August was 54%. Average fares increased approximately 4% versus August/2006.

Domestic load factors were negatively impacted by a reduction in demand during August, as a result of events at the Congonhas airport in Sao Paulo during late July, reflecting in immediate aversion by customers, especially corporates. Suspension of ticket sales at the end of July, bad weather, transfer of flights to Guarulhos and intense press coverage of an accident translated into a reduction in demand. At the end of July, GOL transferred 11 daily flights from the Congonhas airport to the Guarulhos airport and maintained 70 direct daily flights departing from Congonhas to 16 Brazilian cities. VRG currently keeps 52 direct daily flights departing from the Congonhas airport to seven Brazilian cities.

    GTA's domestic RPK for August 2007 was 1,160mm and ASK was 2,098mm.
International RPK was 201mm and ASK was 354mm. VRG's domestic RPK for August
2007 was 72mm and ASK was 192mm. International RPK was 192mm and ASK was
356mm.


    Operating Data                  August/2007*    August/2006*    Change(%)
    Total System
    ASK (mm)(1)                        2,999.2         1,745.5         71.8 %
    RPK (mm)(2)                        1,625.1         1,345.7         20.8 %
    Load Factor(3)                       54.2 %          77.1 %   -22.9 p.p.
    Domestic Market
    ASK (mm)(1)                        2,289.2         1,591.3         43.9 %
    RPK (mm)(2)                        1,232.3         1,226.0          0.5 %
    Load Factor(3)                       53.8 %          77.0 %   -23.2 p.p.
    International Market
    ASK (mm)(1)                          710.0           154.2        360.4 %
    RPK (mm)(2)                          392.8           119.7        228.2 %
    Load Factor(3)                       55.3 %          77.6 %   -22.3 p.p.

    (*)  August 2007 - preliminary data; final data for August/2006.

    (1) Available seat kilometers represents the aircraft seating capacity
        multiplied by the number of kilometers the seats are flown.
    (2) Revenue passenger kilometers represents the numbers of kilometers
        flown by revenue passengers.
    (3) Load factor represents the percentage of aircraft seating capacity
        that is actually utilized (calculated by dividing revenue passenger
        kilometers by available seat kilometers).