MARCH 30TH, 2016

GOL projects a 15 to 18% decline in departures in 2016

São Paulo, March 29, 2016 – GOL Linhas Aéreas Inteligentes S.A. “GOL” or “Company” (BM&FBOVESPA: GOLL4 and NYSE: GOL), (S&P: CCC-, Fitch: CCC e Moody’s: Caa1), the largest low-cost and best-fare airline in Latin America, pursuant to Article 157, paragraph 4 of Law 6404 of December 15, 1976, as amended and in effect, CVM Instruction 358 of January 3, 2002, as amended, CVM Instruction 480 of December 7, 2009 and in line with best corporate governance practices, hereby announces a change to its 2016 supply guidance.

Given the impact of the economic scenario the Company’ guidance may be revised in order to incorporate the evolution of its operating and financial performance and any eventual changes in interest rate, exchange rate, GDP and WTT and Brent oil price trends.