São Paulo, March 10, 2017 – GOL Linhas Aéreas Inteligentes S.A. (“GLAI”), (BM&FBOVESPA: GOLL4 and NYSE: GOL), Brazil’s No. 1 airline, announces today preliminary air traffic figures for the month of February, 2017. Comparisons refer to the same period of 2016.

GOL’s Highlights
| The volume of departures in the total system decreased 17.9%, while the number of seats declined 17.6% in February, resulting in a 7.8% reduction in the total supply.

In the domestic market, GOL reduced its supply by 8.1% in February over the same period the year before. Domestic demand reduced 6.2% in the month, reaching a load factor of 77.1%, 1.6 p.p. up on February 2016.

In February, GOL’s international market supply and demand fell by 5.2% and 2.5%, respectively, with load factor of 77.8%, which represents an increase of 2.2 p.p. in relation to the same period of 2016.