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GOL Increases 2006 Deliveries of Boeing NG 737-800
São Paulo, September 6, 2005 GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4), Brazils low-cost, low-fare airline, announced that it has increased the number of Boeing 737-800 Next-Generation aircraft to be delivered in 2006 from six to 11, in support of its expansion and costs reduction plans.
In the revision of the new aircraft delivery schedule, the fleet plan for 2006 was increased from 49 to 54 aircraft. Currently, GOLs order for Boeing 737-800s is comprised of 60 firm orders and 41 purchase options, totaling 101 aircraft, scheduled for delivery between 2006 and 2012. The options, which lend greater flexibility to the Companys already adaptable expansion plans, are exercisable between 2007 and 2012. GOL currently operates 37 Boeing 737 aircraft, 10 of which are 737-800 Next-Generations.
The new 737-800s will have a special performance package that will permit the operation of the aircraft in all airports served by GOL, allowing greater flexibility to select and operate routes. The new 737s will also be fitted with winglets, which will further improve fuel efficiency by over four percent. In addition to lower operating costs, winglets offer other benefits, including increased range, improved takeoff performance and obstacle clearance, as well as reduced noise on takeoff.
The sum of the structural and operational characteristics will result in a significant reduction in the Companys CASK. The new 737-800 NG aircraft will allow a better calibration of take-off thrust, maintaining maximum safety and optimizing the cost of fuel, brakes and tires, said Capt. David Barioni, GOLs Technical VP.
GOLs current plans for fleet expansion are as follows:
Aircraft | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | ||||||
737-300 | 10 | 8 | 5 | - | - | - | ||||||
737-700 | 22 | 26 | 23 | 22 | 22 | 22 | ||||||
737-800 | 10 | 20 | 32 | 42 | 56 | 64 | ||||||
Total | 42 | 54 | 60 | 64 | 78 | 86 | ||||||
Owned | - | 11 | 24 | 30 | 38 | 46 | ||||||
Leased | 42 | 43 | 36 | 34 | 40 | 40 | ||||||
About GOL Linhas Aéreas Inteligentes
GOL Linhas Aéreas Inteligentes, a low-cost, low-fare airline, is one of the most profitable and fastest growing airlines in the industry worldwide. GOL operates a simplified fleet with a single class of service. It also has one of the youngest and most modern fleets in the industry that results in low maintenance, fuel and training costs, with high aircraft utilization and efficiency ratios. In addition, safe and reliable services, which stimulate GOLs brand recognition and customer satisfaction, allow GOL to have the best value proposition in the market. GOL currently offers over 370 daily flights to 42 major business and travel destinations in Brazil and Argentina, with substantial expansion opportunities. In 2005, GOL plans to grow by increasing frequencies in existing markets and adding service to additional markets in both Brazil and other high-traffic South American travel destinations. GOL listed its shares on the NYSE and the Bovespa in June 2004. For more information, flight times and fares, please access our site at www.voegol.com.br or call 0300-789-2121 in Brazil, 0810-266-3131 in Argentina, or 55 11 2125-3200 from overseas. GOL: Here everyone can fly!
For additional information please contact:
Investor Relations: | ||
Ph: (5511) 5033 4393 | ||
e-mail: ri@golnaweb.com.br | ||
www.voegol.com.br/ir | ||
Media U.S. and Europe | Media Brazil and Latin America | |
Gavin Anderson & Company (New York) | MVL Comunicação (São Paulo) | |
Gabriela Juncadella | Juliana Cabrini or Roberta Corbioli | |
Ph: 212-515-1957 | Ph: (5511) 3049-0343 / 0341 | |
e-mail: gjuncadella@gavinanderson.com | e-mail: juliana.cabrini@mvl.com.br |
This release contains forward-looking statements relating to the prospects of the business, estimates for operating and financial results, and those related to growth prospects of GOL. These are merely projections and, as such, are based exclusively on the expectations of GOLs management concerning the future of the business and its continued access to capital to fund the Companys business plan. Such forward-looking statements depend, substantially, on changes in market conditions, government regulations, competitive pressures, the performance of the Brazilian economy and the industry, among other factors and risks disclosed in GOLs filed disclosure documents and are, therefore, subject to change without prior notice.
GOL LINHAS AÉREAS INTELIGENTES S.A.
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By: |
/S/
Richard F. Lark, Jr.
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Name: Richard F. Lark, Jr.
Title: Vice President Finance, Chief Financial Officer
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This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.