GOL Announces Traffic Statistics for March 2008

SAO PAULO, Brazil, April 3, 2008 /PRNewswire-FirstCall/ -- GOL Linhas Aereas Inteligentes S.A. NYSE: GOL, the parent company of Brazilian airlines GOL Transportes Aereos S.A. ("GTA") and VRG Linhas Aereas S.A. ("VRG"), today released preliminary passenger statistics for the month of March 2008. Consolidated domestic passenger traffic (RPK) for March 2008 increased 28% and capacity (ASK) increased 38% year-over-year. Domestic consolidated load factor for the month was 58% and international consolidated load factor was 55%. GOL's total system load factor for the month of March was 57%.

GTA's domestic passenger traffic (RPK) for March 2008 was 1,441mm and capacity (ASK) was 2,408mm. International passenger traffic (RPK) was 182mm and capacity (ASK) was 243mm. VRG's domestic passenger traffic (RPK) for March 2008 was 151mm and capacity (ASK) was 353mm. International passenger traffic (RPK) was 350mm and capacity (ASK) was 717mm.

    Consolidated Operating Data              March       March      Change
                                             2008*       2007*        (%)
    Total System
      ASK (mm) (1)                          3,720.7     2,401.2      55.0%
      RPK (mm) (2)                          2,123.4     1,483.8      43.1%
      Load Factor (3)                          57.1%       61.8%   -4.7 p.p.
    Domestic Market
      ASK (mm) (1)                          2,760.4     2,001.1      37.9%
      RPK (mm) (2)                          1,591.7     1,248.7      27.5%
      Load Factor (3)                          57.7%       62.4%   -4.7 p.p.
    International Market
      ASK (mm) (1)                            960.3       400.1     140.0%
      RPK (mm) (2)                            531.7       235.1     126.2%
      Load Factor (3)                          55.4%       58.8%   -3.4 p.p.


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

     (1) Available seat kilometers represents the aircraft seating capacity
         multiplied by the number of kilometers the seats are flown.
     (2) Revenue passenger kilometers represents the numbers of kilometers
         flown by revenue passengers.
     (3) Load factor represents the percentage of aircraft seating capacity
         that is actually utilized (calculated by dividing revenue passenger
         kilometers by available seat kilometers).