PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
Jardim Aeroporto
04630-000 São Paulo, São Paulo
Federative Republic of Brazil
annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form 40-F ______
Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under
the Securities Exchange Act of 1934.
Yes ______ No ___X___
registrant in connection with Rule 12g3-2(b):
GOL Recognized for Best Financial Management in 2004
São Paulo, September 16, 2005 – GOL Linhas Aéreas Inteligentes (NYSE: GOL and Bovespa: GOLL4), Brazil’s low-fare, low-cost airline, was recognized for best Financial Management in 2004, according to a survey conducted by the magazine IstoÉ DINHEIRO in partnership with the auditing firm Deloitte.
More than 500 companies were evaluated in four key areas: financial management, social responsibility, human resources and technological innovation. The magazine’s methodology allowed for an in-depth and comprehensive evaluation of the Brazilian business sector, recognizing the top-performing company in each of the four categories above.
“We are very pleased to receive this award as the GOL team has worked hard to implement best practices throughout the Company. The dedication of our employees has been key to our success and this recognition demonstrates that we continue to work in the right direction” said Richard Lark, CFO of GOL. “The Company’s strong financial performance is the result of our commitment to our virtuous cycle – maintaining low costs, low fares and profitable growth – which has enabled us to become one of the fastest growing companies in Brazil.”
Complete results will be published in the “As Melhores da Dinheiro” edition of Isto É DINHEIRO on September 17, 2005, and will also be available online at http://www.terra.com.br/istoedinheiro/.
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 GOL’s 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, fl
ight 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!
CONTACT: GOL Linhas Aéreas Inteligentes S.A.
| Investor Relations: | ||
| Ph: (5511) 5033 4393 | ||
| e-mail: ri@golnaweb.com.br | ||
| www.voegol.com.br/ir | ||
| Media – Brazil and Latin America | ||
| Juliana Cabrini, Roberta Corbioli, or Márcia Bertoncello | ||
| MVL Comunicação | ||
| Ph: (5511) 3049-0343 / 0341 | ||
| e-mail: juliana.cabrini@mvl.com.br | ||
| Media – U.S. and Europe | ||
| Gabriela Juncadella | ||
| Gavin Anderson & Company | ||
| Ph: 212-515-1957 | ||
| e-mail: gjuncadella@gavinanderson.com | ||
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 GOL’s management concerning the future of the business and its continued access to capital to fund the Company’s 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 GOL’s filed disclosure documents and are, therefore, subject to change without prior notice.
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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.