GOL Receives IOSA Registration

Written by thomas · Filed Under Commercial 

August 18, 2009

thomas

IATA’s Safety Certificate Paves the Way for New Code-Share Agreements

SAO PAULO, Aug. 18 /PRNewswire-FirstCall/ — GOL Linhas Aereas Inteligentes S.A. (NYSE: GOL; Bovespa: GOLL4), the largest low-cost and low-fare airline in Latin America, has been awarded IOSA (IATA Operational Safety Audit) registration from IATA (International Air Transport Association), recognized as the global standard for assessing airlines’ operational safety and controls.

Receiving the registration underlines the Company’s excellent operational safety standards and increases the potential for a series of commercial opportunities, such as signing new code-share agreements with foreign airlines that operate intercontinental flights to Brazil or South America.

“New code-share agreements will provide GOL with a larger intercontinental feeder network, increasing the number of passengers with direct, convenient access to its extensive South American network. These agreements will also benefit the more than six million registered SMILES participants, who will now have the option to use their accrued miles on other airlines to visit destinations around the world,” said Constantino de Oliveira Junior, GOL’s CEO.

“In addition to international recognition, IOSA certification will allow GOL to consolidate its operational safety audit procedures, streamlining the process to make it more efficient while also optimizing operating costs,” added Captain Fernando Rockert de Magalhaes, the Company’s vice president – technical.

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