GOL Launches Flights to Santa Cruz de La Sierra

SAO PAULO, Brazil, Nov. 7 /PRNewswire/ — GOL Linhas Aereas Inteligentes, Brazil’s low-cost, low-fare airline, today began operating flights four times per week to Santa Cruz de la Sierra, Bolivia (population 8.8 million). Santa Cruz is GOL’s second international destination; expansion to Bolivia is in line with the Company’s plans to popularize air transportation in South America.

The new flight connects Campo Grande (Mato Grosso do Sul – Brazil) and Santa Cruz de la Sierra (Bolivia) in both directions.

Bolivia is the fourth most frequented South American destination by Brazilians flying to neighboring countries. Approximately 150,000 passengers flew between Brazil and Bolivia in 2003. “Santa Cruz de la Sierra is our second international destination. We are certain that GOL’s business model will be well received in Bolivia, as we offer high quality service and modern- edge technology at the lowest fares in the market,” says Tarcisio Gargioni, vice-president of Marketing and Services at GOL.

Origin Destination Frequency Departure Arrival

Campo Santa Cruz de la Thursday, 12:10 am 1:10 am
Grande Sierra Friday and (local time)* (local
(MS -Brazil) (Bolivia) Sunday time)

Santa Cruz Campo Grande Wednesday, 12:40 am 3:10 am
de la Sierra (MS – Brazil) Friday and (local time)* (local
(Bolivia) Saturday time)

* Schedule valid through February 18, 2006

Sources: Department of state of Brazil; IMF World Economic Outlook April of 2004, Population Reference Bureau: 2004, World Population Dates Sheet; Passengers: DAC.

Tickets can be purchased on the company’s website, at http://www.voegol.com.br/.

About GOL Linhas Aereas Inteligentes

GOL Linhas Aereas Inteligentes, a “low-cost, low-fare” airline, is one of the most profitable and fastest growing airlines in the industry worldwide. GOL currently offers over 400 daily flights to 44 major business and travel destinations in Brazil and Argentina, with substantial expansion opportunities. GOL shares are listed on the NYSE and the Bovespa. For more information, flight times and fares, please access our site at http://www.voegol.com.br/ or call 0300-789-2121 in Brazil, 0810-266-3131 in Argentina, 800-1001 21 in Bolivia, or 55 11 2125-3200 from overseas. GOL: here everyone can fly!

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