GOL Announces Material Fact

SAO PAULO, April 5, 2017 /PRNewswire/ -- GOL Linhas Aereas Inteligentes S.A., (NYSE: GOL and BM&FBOVESPA: GOLL4), Brazil's #1 airline, pursuant to Article 157, paragraph 4 of Law 6404/76 and CVM Instruction 358, of January 3, 2002, hereby informs its shareholders and the market in general that on April 5, 2017 GOL and Smiles S.A. ("Smiles")  entered into an amendment ("Amendment") to their Agreement for Advanced Purchase and Sale of Air Tickets (initially dated February 26, 2016).

Pursuant to the Amendment, the parties agreed to extend the term of the Agreement for Advanced Purchase and Sale of Air Tickets, and Smiles agreed to acquire up R$480 million in advance air tickets, to be disbursed by Smiles through July 31, 2018 in accordance with the terms and conditions of the Amendment.

For further information visit www.voegol.com.br/ir

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SOURCE GOL Linhas Aereas Inteligentes S.A.

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