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GOL announces transactions for 12 Boeing 737 aircraft |
São Paulo, September 5, 2017 – GOL Linhas Aéreas Inteligentes S.A. (“GOL” or “Company”), (NYSE: GOL and B3: GOLL4), Brazil's #1 airline, announces sale and leaseback transactions with GE Capital Aviation Services (“GECAS”) for seven aircraft, including five Boeing 737 MAX 8 aircraft and two Boeing 737-800 Next Generation (NG) aircraft. Additionally, the Company signed the direct operating lease of five additional 737 MAX 8 aircraft.
Keith Leverkuhn, Boeing’s vice president and 737 MAX general manager, explained that the 737 NG and the MAX have both been designed for world-class efficiency, reliability, and flexibility. “The lightweight design of the 737 MAX plus the new engine and aerodynamic technologies make the MAX incredibly fuel efficient,” says Leverkuhn. According to Boeing, the fuel use per seat of the 737 MAX is as much as 20% lower than the airplanes it replaces in service.
GOL’s new 737 MAX 8 aircraft, which will begin to arrive in the second half of 2018, with capacity for 186 customers will be configured with GOL+Conforto seats in the domestic flights and GOL Premium Class on international routes. The 737 MAX-8 aircraft have flight autonomy of up to 6,500 km (compared to the 5,500 km of the 737-800 NG) and GOL can offer non-stop flights from Brazil to any destination in Latin America and Florida.
"These transactions with GECAS will increase the number of Boeing 737 MAX 8 aircraft planned for 2018 from five to six, without changing our overall fleet plan of 121 aircraft at year-end 2018," said Celso Ferrer, GOL’s Planning Vice President. The Company has a fleet of 120 Boeing 737 aircraft.
Investor Relations
ri@voegol.com.br
www.voegol.com.br/ir
+55 (11) 2128-4700
About GOL Linhas Aéreas Inteligentes S.A.
Brazil's is largest airline group. GOL is Brazil’s largest airline, carrying 33 million passengers annually on more than 700 daily flights to 63 destinations, 52 in Brazil and 11 in South America and the Caribbean, on a fleet of 120 Boeing 737 aircraft, with a further 120 Boeing 737 MAX on order. GOLLOG is a leading cargo transportation and logistics business serving more than 2,200 Brazilian municipalities and, through partners, 205 international destinations in 95 countries. SMILES is one of the largest coalition loyalty programs in Latin America, with over 12 million registered participants, allowing clients to accumulate miles and redeem tickets for more than 700 locations worldwide. GOL has a team of more than 15,000 highly skilled aviation professionals delivering Brazil’s top on-time performance, and an industry leading 16 year safety record. GOL’s shares are traded on the NYSE (GOL) and the B3 (GOLL4).
Disclaimer
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. Such forward-looking statements depend, substantially, on external factors, in addition to the risks disclosed in GOL’s filed disclosure documents and are, therefore, subject to change without prior notice. The Company's non-financial information was not reviewed by the independent auditors.
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GOL Linhas Aéreas Inteligentes S.A. |
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GOL LINHAS AÉREAS INTELIGENTES S.A. | ||
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By: |
/S/ Richard Freeman Lark Junior | |
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Name: Richard Freeman Lark Junior
Title: Investor Relations Officer | ||
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 a ctually 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.