MAY 11TH, 2017

GOL discloses its preliminary traffic figures for April 2017

São Paulo, May 11, 2017 – GOL Linhas Aéreas Inteligentes S.A. (“GLAI”), (B3: GOLL4 and NYSE: GOL), Brazil’s #1 airline, announces today preliminary air traffic figures for the month of April, 2017. Comparisons refer to the same period of 2016.

GOL’s Highlights

The total volume of departures GOL decreased by 6.2%, and the number of seats declined 5.6%, while supply increased 2.6% due to the 8.8% increase in the average stage length. Demand increased by 6.9% in the period. GOL’s load factor was 79.0% in April 2017, 3.2 p.p. up over the same period of 2016.

In the domestic market, GOL increased its supply by 3.2% in April over the same period the year before. Domestic demand increased by 7.4% in the month, and GOL achieved a load factor of 79.2%, 3.1 p.p. up over April 2016.

In April, GOL’s international market supply fell by 1.5%, while demand increased by 3.2% resulting in load factor of 78.0%, which represents growth of 3.6 p.p. in relation to the same period of 2016.