São Paulo, October 17, 2016 – GOL Linhas Aéreas Inteligentes S.A. (“GLAI”), (BM&FBOVESPA: GOLL4 and NYSE: GOL), (S&P: CCC, Fitch: CC and Moody’s: Caa3), Brazil’s largest air transportation and travel services group, announces today preliminary air traffic figures for the month of September 2016 and the year-to-date. Comparisons refer to the same period of 2015.

GOL’s Highlights
| The volume of departures in the total system fell 18.9%, while the number of seats recorded a 18.3% decline in September. In the first nine months, these indicators fell by 16.4% and 16.2% respectively.
| In the domestic market, GOL reduced its supply by 0.5% in September and 5.7% year to date over the same periods the year before.
| Domestic demand increased 1.8% in September, reaching a load factor of 78.3%, 1.8 p.p. up on September 2015. Until the month of September, domestic demand reduced by 6.6%, accompanied by a load factor of 77.9%.
| In September, GOL’s international market supply and demand fell by 22.7% and 21.8%, respectively, with load factor of 74.3%. Year to date, supply declined by 17.6% while demand decreased by 14.9%, reaching a load factor of 74.3%, up by 2.4 p.p.