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.
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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
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registrant in connection with Rule 12g3-2(b):
GOL Adds 20 More Options to Boeing 737-800 NG Purchase Order
São Paulo, February 03, 2005 – GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and Bovespa: GOLL4), Brazil’s low-fare, low-cost airline, announced today that it has increased the size of its 737-800 NG aircraft order with Boeing by 20 purchase options. In May 2004 GOL announced the acquisition of up to 43 Boeing 737-800 NGs, and with new options, GOL increases the size of its order to 63 aircraft. The new aircraft are scheduled for delivery between 2006 and 2010.
The acquisition of latest-technology aircraft will permit GOL to reduce costs through more efficient route management, as the 737-800 NGs will be able to land at short-runway airports such as Santos Dumont Airport in Rio de Janeiro, and through lower financing costs, as the 737-800 NGs will be financed with low-cost US Eximbank guaranteed debt.
The increase in the size of its aircraft order reaffirms GOL’s confidence in the growth of the Brazilian air travel market and reinforces the Company’s expansion to South American destinations. “The inclusion of 20 additional aircraft purchase options will guarantee customers that GOL continues to offer South America’s most modern fleet, with a high level of comfort and the best technology available: a Boeing 737-800 Next Generation fleet,” affirms Constantino de Oliveira Junior, GOL’s CEO.
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, and therefore 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 cost-benefit service in the market.
GOL currently offers service to 38 major business and travel destinations in Brazil and
one international destination, 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 additional information please contact:
| Media - International: | Media - Brazil: |
| Gavin Anderson | MVL Comunicação |
| Gabriela Juncadella | Juliana Cabrini or Roberta Corbioli |
| Ph: 212-515-1957 | Ph: (5511) 3049-0343 / 0342 |
| e-mail: GJuncadella@GavinAnderson.com | e-mail: juliana.cabrini@mvl.com.br |
| Investor Relations: | |
| Ph: (5511) 5033 4393 | |
| e-mail: ri@golnaweb.com.br | |
| www.voegol.com.br (IR section) |
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.