GOL Announces Traffic Statistics for November 2006; Updates Guidance

SAO PAULO, Brazil, Dec. 7 /PRNewswire-FirstCall/ -- GOL Linhas Aereas Inteligentes (NYSE: GOL) (Bovespa: GOLL4), Brazil's low-cost, low-fare airline, today released preliminary passenger statistics for November 2006. System-wide passenger traffic (RPK) increased 43% and capacity (ASK) increased 55% year-over-year. GOL's system load factor for November 2006 was 67%.

Domestic passenger traffic (RPK) for November increased 36% and capacity (ASK) increased 46%. GOL's domestic load factor for November 2006 was 67%. International passenger traffic (RPK) for November increased 146% and capacity (ASK) increased 200%. International load factor for November 2006 was 61%. Average fares were reduced approximately 7% versus November 2005.

    Operating Data      November 2006*       November 2005*       Change (%)
    Total System
     ASK (mm)              1,901.7              1,226.7             55.0%
     RPK (mm)              1,263.9                887.0             42.5%
     Load Factor              66.5%                72.3%            -5.8 p.p.
    Domestic Market
     ASK (mm)              1,685.7              1,154.6             46.0%
     RPK (mm)              1,132.9                833.8             35.9%
     Load Factor              67.2%                72.2%            -5.0 p.p.
    International Market
     ASK (mm)                216.0                 72.1            199.6%
     RPK (mm)                131.0                 53.2            146.2%
     Load Factor              60.6%                73.8%           -13.2 p.p.

     (*)  November 2006 - preliminary data; final data for November 2005.


    Also, the Company has updated its guidance to account for a higher
productivity and stage length on planned capacity increases and reduced load
factors due to the decrease in passenger volumes caused by external factors,
including air traffic control problems, that are expected to be resolved in
the near future.


    Guidance                2006 FY Old                2006 FY New
    ASK Growth                +/- 45%                    +/- 50%
    Load Factor               +/- 74%                    +/- 73%
    Net Revenues              +/- R$ 4.0 billion         +/- R$ 3.9 billion
    CASK ex-fuel              +/- R$ 9.3 cents           +/- R$ 9.3 cents
    Operating Margin          +/- 23%                    +/- 21%
    Earnings per Share        R$ 3.75 - R$ 4.00          R$ 3.40 - R$ 3.65


    About GOL Linhas Aereas Inteligentes

GOL Linhas Aereas Inteligentes, a "low-cost, low-fare" airline, is one of the most profitable and fastest growing airlines in the industry worldwide. GOL shares are listed on the NYSE and the Bovespa.

For more information, flight times and fares, please access our site at http://www.voegol.com.br >

    CONTACT: GOL Linhas Aereas Inteligentes S.A.

    Investor Relations
    (5511) 3169 6800
    ri@golnaweb.com.br
    http://www.voegol.com.br/ir