GOL Celebrates Eighth Anniversary With More than 100 Million Passengers Transported

"GOL Linhas Aéreas Inteligentes S.A., Brazil’s low-cost airline, today celebrates its eighth anniversary of operations, transporting more than 100 million passengers. Since launching operations in January 2001, the Company has achieved over 40% market share and today serves 59 destinations with 104 airplanes, employs almost 16,000 people and owns five brands – GOL, VARIG, SMILES, Voe Fácil and Gollog.

In 2008, the Company completed the incorporation of VARIG. The operational synergies due to this acquisition have already benefitted the Company, as evidenced by a 3Q08 operational profit of R$ 61.2 million and a load factor of 68 percent in December 2008. To further streamline operations, the Company also upgraded its systems to New Skies on January 13." Next