São Paulo, July 27, 2015 – 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 best-fare airline in Latin America, hereby announces its preliminary air traffic figures for June 2015, 2Q15 and 6M15. Comparisons refer to the same period in 2014.

GOL highlights
Domestic supply grew by 3.5% in June, 2.0% in 2Q15 and 2.1% in 2015. The year-over-year increase in 2Q15 reflects the lower supply in 2Q14, when the Company reduced the capacity for the Brazil 2014 Fifa World Cup.

In June, domestic demand increased by 5.6%, leading to a load factor of 77.2%, representing growth of 1.5 p.p. compared to June 2014.

The international market increased capacity by 1.3% in this month compared to 2014. Demand, meanwhile, fell by 2.8%, recording a load factor of 66.9%. The Company is adjusting its international network by changing the frequency in currently operating destinations and opening other international bases in order to capture market opportunities in the region.

In 2Q15, net PRASK fell by 15.4% while yield fell by 17.2% compared to 2Q14, reflecting the slowdown in economic activity in the country and lower volume of corporate passengers.

On 2Q15, jet fuel (QAV) prices were between R$2.20 and R$2.25 per liter, representing a decrease of approximately 10% compared to 2014. Jet fuel in Reais partially benefited from the decline in international prices of 38.9% in the quarter, but were impacted by the Real’s average depreciation of 37.8% in the same period.