GOL engages PJT Partners

SAO PAULO, March 28, 2016 /PRNewswire/ -- GOL Linhas Aereas Inteligentes S.A. "GOL" or "Company" (BM&FBOVESPA: GOLL4 and NYSE: GOL), (S&P: B-, Fitch: CCC and Moody's: Caa1), the largest low-cost and best-fare airline in Latin America hereby announces that it has engaged PJT Partners to advise the company in connection with measures to strengthen its capital structure and liquidity and to improve the profile of its debt.  Additionally, PJT is advising the Company in connection with its U.S. dollar unsecured bonds. 

The engagement of PJT is part of the Company's business plan and is consistent with previously disclosed measures aimed at optimizing the Company's route network, pushing back its aircraft delivery schedule and resizing its capacity, in order to adjust its flight offerings to current levels of demand and to current conditions in the sector.

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

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About GOL Linhas Aereas Inteligentes S.A.

GOL Linhas Aereas Inteligentes S.A. (BMF&BOVESPA: GOLL4 and NYSE: GOL), the largest low-cost and best-fare airline in Latin America, offers around 900 daily flights to 68 destinations, 13 international, in South America and the Caribbean, using a young, modern fleet of Boeing 737-700 and 737-800 Next Generation aircraft, the safest, most efficient and most economical of their type. The SMILES loyalty program allows members to accumulate miles and redeem tickets to more than 700 locations around the world via flights with foreign partner airlines. The Company also operates Gollog, a logistics service which retrieves and delivers cargo and packages to and from more than 3,192 cities in Brazil and more than 47 countries and 90 foreign destinations through international partnerships. With its portfolio of innovative products and services, GOL Linhas Aereas Inteligentes offers the best cost-benefit ratio in the market. 

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SOURCE GOL Linhas Aereas Inteligentes S.A.

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