GOL Linhas (GOL) Reports Jan. Prelim. Traffic

GOL Linhas Aereas Inteligentes S.A. ("GLAI"), ( NYSE: GOL), Brazil's largest air transportation and travel services group, announces today preliminary air traffic figures for the month of January, 2017. Comparisons refer to the same period of 2016.

GOL's Highlights

• The volume of departures in the total system fell 17.0%, while the number of seats recorded a 16.5% decline in January, resulting in a 3.2% reduction in the total supply.

• In the domestic market, GOL reduced its supply by 2.5% in January over the same period the year before. Domestic demand reduced 1.0% in the month, reaching a load factor of 83.6%, 1.3 p.p. up on January 2016.

• In January, GOL's international market supply and demand fell by 8.8% and 10.3%, respectively, with load factor of 79.7%, which represents a decrease of 1.3 p.p. in relation to the same period of 2016.

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