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GOL: Domestic load factor reached 78 percent

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Written by editor

SAO PAULO, Brazil – GOL Linhas Aereas Inteligentes SA, the largest low-cost and best-fare airline in Latin America announces its preliminary air traffic figures for June 2015.

SAO PAULO, Brazil – GOL Linhas Aereas Inteligentes SA, the largest low-cost and best-fare airline in Latin America announces its preliminary air traffic figures for June 2015. Comparisons refer to June 2014 and 2Q15.

GOL Highlights

• Domestic supply grew by 3.5% in June, 2.0% in 2Q15 and 2.1% in 2015. The year-over-year increase in 2Q15 reflects the lower supply in 2Q14, when the Company reduced the capacity for the Brazil 2014 Fifa World Cup.

• In June, domestic demand increased by 5.6%, leading to a load factor of 77.2%, representing growth of 1.5 p.p. compared to June 2014.

• Domestic capacity moved up by 2.1% in 1Q15 and fell by 1.6% in March. The LTM figure fell by 1.5% over the previous 12 months.

• The international market increased capacity by 1.3% in this month compared to 2014. Demand, meanwhile, fell by 2.8%, recording a load factor of 66.9%. The Company is adjusting its international network by changing the frequency in currently operating destinations and opening other international bases in order to capture market opportunities in the region.

• In 2Q15, net PRASK fell by 15.4% while yield fell by 17.2% compared to 2Q14, reflecting the slowdown in economic activity in the country and lower volume of corporate passengers.

• On 2Q15, jet fuel (QAV) prices were between R$2.20 and R$2.25 per liter, representing a decrease of approximately 10% compared to 2014. Jet fuel in Reais partially benefited from the decline in international prices of 38.9% in the quarter, but were impacted by the Real’s average depreciation of 37.8% in the same period.