SAO PAULO, Feb. 1, 2013 /PRNewswire/ -- GOL Linhas Aereas Inteligentes S.A. (BM&FBOVESPA: GOLL4 e NYSE: GOL), (S&P: B, Fitch: B+, Moody's: B3), the largest low-cost and low-fare airline in Latin America, hereby announces that it has selected the banks to be contracted to structure an eventual initial public offering of shares by Smiles S.A., a recently-constituted company controlled by VRG Linhas Aereas S.A. ("VRG"), an event which is currently being studied and analyzed by the Company, although no definitive decision has yet been taken. On February 8, 2013, the Company's Board of Directors will meet to discuss the matter. We will keep the market informed of any relevant further developments regarding this issue.
Edmar Lopes - CFO
Andre Brandi - Planning and IR Manager
Gustavo Mendes - Investor Relations
Jenifer Nicolini - Investor Relations
Phone: (11) 2128-4700
Phone: (11) 2128-4183
ABOUT GOL LINHAS AEREAS INTELIGENTES S.A.
GOL Linhas Aereas Inteligentes S.A. (Bovespa: GOLL4 and NYSE: GOL), the largest low-cost and low-fare airline in Latin America, offers around 900 daily flights to 65 destinations in 10 countries in South America, Caribbean and the United States under the GOL and VARIG brands, 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 560 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 3,500 cities in Brazil and eight abroad. With its portfolio of innovative products and services, GOL Linhas Aereas Inteligentes offers the best cost-benefit ratio in the market.
SOURCE GOL Linhas Aereas Inteligentes S.A.