São Paulo, July 18, 2016 – GOL Linhas Aéreas Inteligentes S.A. (BM&FBOVESPA: GOLL4 and NYSE: GOL), (S&P: CCC, Fitch: IDR and Moody’s: Caa3), the largest low-cost and best-fare airline in Latin America, hereby announces preliminary air traffic figures for the month of June 2016, 2Q16 and for 2016 year-to-date. Comparisons refer to the same period of 2015.
GOL’s Highlights
| The total volume of departures in the system decreased by 19.7% and 21.0% in the month and in the quarter, respectively. The total number of seats available to the market fell by 19.2% in June and decreased by 20.8% in 2Q16.

Domestic supply reduced by 5.2% in June and by 8.9% in 2Q16, when compared to the same periods of 2015.

Domestic demand fell by 6.6%, leading to a load factor of 76.1%. In the quarter, domestic demand declined by 11.2%, with a load factor of 76.0%, representing a 2.0 p.p. reduction.

In the international market, capacity and demand fell by 10.9% and 11.6%, respectively, leading to a load factor of 66.3% - representing a 0.6 p.p. downturn. In the quarter, capacity and demand in this market moved down by 12.2% and 10.6%, respectively, resulting in a load factor of 69.3% - an increase of 1.2 p.p.