São Paulo, April 22, 2014 – GOL Linhas Aéreas Inteligentes S.A. (BM&FBOVESPA: GOLL4 and NYSE: GOL), (S&P: B, Fitch: B-, Moody’s: B3), the largest low-cost and low-fare airline in Latin America, in association with the Ceará state government, hereby announces the launch of direct flights between Pinto Martins Airport, in Fortaleza, and Ezeiza International Airport, in Buenos Aires, beginning on May 10. GOL has 77 flights per week between Argentina and Brazil more than any other airline.
The connection was brought about by the Ceará State Tourism Department through the Draft Bill 155/2013 for the ICMS tax (state VAT) on jet fuel, after the approval by the state legislature. It reduced ICMS tax (state VAT) on jet fuel from 30% to 12%, applicable for all domestic flights for Companies that has also regular direct international flights departing from this airport. Thus, the state of Ceará stands out even more as a tourist destination for the region.
In order to offer passengers increased comfort and shorter flight times and energize international tourism between the Argentinian capital and Brazil’s Northeast, the new flights will take place on Saturdays.