GOL Announces Traffic Statistics for February 2008

SAO PAULO, Brazil, March 4 /PRNewswire-FirstCall/ -- GOL Linhas Aereas Inteligentes S.A. NYSE: GOL, the parent company of Brazilian airlines GOL Transportes Aereos S.A. and VRG Linhas Aereas S.A., today released preliminary passenger statistics for the month of February 2008. Consolidated domestic passenger traffic (RPK) for February 2008 increased 17% and capacity (ASK) increased 38% year-over-year. Domestic consolidated load factor for the month was 62% and international consolidated load factor was 55%. GOL's total system load factor for the month of February was 60%.

GTA's domestic passenger traffic (RPK) for February 2008 was 1,428mm and capacity (ASK) was 2,241mm. International passenger traffic (RPK) was 202mm and capacity (ASK) was 259mm. VRG's domestic passenger traffic (RPK) for February 2008 was 136mm and capacity (ASK) was 292mm. International passenger traffic (RPK) was 357mm and capacity (ASK) was 762mm.

    Consolidated Operating Data       February      February       Change
                                        2008*         2007*         (%)
    Total System
      ASK (mm)                        3,554.2       2,165.1         64.2%
      RPK (mm)                        2,122.6       1,565.2         35.6%
      Load Factor                        59.7%         72.3%       -12.6 p.p.
    Domestic Market
      ASK (mm)                        2,533.3       1,837.0         37.9%
      RPK (mm)                        1,564.3       1,336.6         17.0%
      Load Factor                        61.7%         72.8%       -11.1 p.p.
    International Market
      ASK (mm)                        1,020.9         328.1        211.2%
      RPK (mm)                          558.3         228.6        144.2%
      Load Factor                        54.7%         69.7%       -15.0 p.p.

    ( * ) February 2008 - preliminary data; final data for February 2007.

About GOL Linhas Aereas Inteligentes S.A.

GOL Linhas Aereas Inteligentes S.A. is the parent company of Brazilian airlines GOL Transportes Aereos S.A. ("GTA", a low-cost, low-fare airline which operates the GOL brand) and VRG Linhas Aereas S.A. ("VRG", a premium service airline which operates the VARIG brand). GTA and VRG offer daily flights to more destinations in Brazil than any other domestic airline while providing customers with the most convenient flight schedules in the country. The airlines operate a young, modern fleet of Boeing aircraft, the safest and most comfortable aircraft of its class, with low maintenance, fuel and training costs, and high aircraft utilization and efficiency ratios.