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GOL’s Administration Awarded by IATA

Written by thomas · Filed Under Commercial 

August 22, 2008

thomas

SAO PAULO, Brazil, Aug. 21 /PRNewswire-FirstCall/ — GOL Linhas Aereas
Inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4), the parent company of
Brazilian airlines GOL Transportes Aereos S.A. (“GTA”) and VRG Linhas
Aereas S.A. (“VRG”), announces that its CEO, Constantino de Oliveira
Junior, has been awarded the GALA (Latin American Aeronautics Gallery)
award in the “Distinguished Executive — Air Transportion” category,
presented by FIDAE’s (International Air and Space Fair) “Wings of Change”
conference. The award, sponsored by IATA (International Air Transport
Association), recognizes the key executives and institutions that
contribute to the development of the aviation industry in Latin America.
Oliveira is the only Brazilian executive in the sector acknowledged at this
year’s awards.

“The award is an important recognition of the done work by our team of
16,500 employees, who are dedicated to providing safe and quality air
transport in South America,” said Constantino de Oliveira Junior, GOL’s
CEO. “I’m very proud to work at GOL, the airline Company that truly
provides everybody an opportunity fly.”

Oliveira (40) founded the Company in January 2001. Over the past seven
years, GOL has transported over 87 million passengers; 10 percent of these
passengers were flying for the very first time. GOL’s continued growth is
due to the successful implementation of its low-cost management model,
unprecedented in Brazil, which relies on operating a modern, standardized
fleet of Boeing 737 aircraft. In 2004, the Company raised additional
capital by simultaneously listing on both the New York Stock Exchange
(NYSE) and the Bolsa de Valores de Sao Paulo (Bovespa). With the March 2007
acquisition of VRG, which operates the VARIG brand, the Company became one
of the largest aviation groups in South America.

SOURCE GOL Linhas Aereas Inteligentes S.A.

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