NOVEMBER 7TH, 2016

GOL Linhas Aéreas Inteligentes reviews its guidance for 2016

SAO PAULO, Nov. 6, 2016 /PRNewswire/— 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, with operation in passenger transportation, cargo transportation and coalition loyalty programs, today announced a revision to its 2016 guidance, disclosed in the material fact of December 07, 2015 and revised in the material fact of March 29, 2016 and of August 15, 2016.

Given the volatility of the Brazilian economic scenario, the Company’ revised guidance (above) for 2016 may be adjusted in order to incorporate the evolution of its operating and financial performance and any eventual changes in interest rates, exchange rate, GDP and WTI and Brent oil price trends.

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