GOL discloses its preliminary traffic figures for September 2017

São Paulo, October 10th, 2017 - GOL Linhas Aéreas Inteligentes S.A. ("GLAI"), (NYSE: GOL and B3: GOLL4), Brazil's #1 airline, announces today preliminary air traffic figures for the month of September, 2017. Comparisons refer to the same period of 2016.

GOL's Highlights

| The total volume of GOL departures increased by 0.6%, and the number of seats was up 0.7%, occasioning an increase in supply of 2.0%. Demand rose by 5.0% in the period. GOL's load factor was 80.2% in September 2017, 2.3 p.p. up over the same period of 2016.

| In the domestic market, volume of departures increased by 0.3%, and the number of seats was up 0.3% over September 2016. GOL increased its supply by 0.7% in September over the same period the year before. Domestic demand rose by 4.1% in the month. GOL's load factor was 81.0%, 2.7 p.p. up over September 2016.

| In September, both international market supply and demand rose by 13.1%, resulting in a load factor of 74.3%, achieving the same level recorded in September 2016. Passengers transported were up by 8.5% over the same period of 2016.

GOL discloses

its

preliminary

traffic figures

for

September

2017

Operational data *

Sep/17

Sep /16 % Var.

3Q17

3Q16 % Var.

9M17

9M16 % Var.

Total GOL

63,761

62,492

2.0%

185,744

197,654

-6.0%

Departures

20,211

20,096

0.6%

Seats (thousand)

3,377

3,355

0.7%

10,667

10,416

2.4%

31,081

32,943

-5.7%

ASK (million)

3,730

3,658

2.0%

12,015

11,502

4.5%

34,481

34,530

-0.1%

RPK (million)

2,993

2,850

5.0%

9,638

9,173

5.1%

27,334

26,767

2.1%

Load Factor

80.2%

77.9%

2.3 p.p

80.2%

79.8%

0.4 p.p

79.3%

77.5%

1.8 p.p

Paxon board (thousand)

2,663

2,542

4.8%

8,326

8,102

2.8%

23,827

24,267

-1.8%

Domestic GOL

60,050

58,848

2.0%

175,231

186,530

-6.1%

Departures

19,036

18,986

0.3%

Seats (thousand)

3,169

3,159

0.3%

10,011

9,771

2.5%

29,221

30,985

-5.7%

ASK (million)

3,290

3,268

0.7%

10,582

10,188

3.9%

30,595

30,536

0.2%

RPK (million)

2,665

2,560

4.1%

8,558

8,193

4.5%

24,367

23,801

2.4%

Load Factor

81.0%

78.3%

2.7 p.p

80.9%

80.4%

0.5 p.p

79.6%

77.9%

1.7 p.p

Pax on board (thousand)

2,509

2,399

4.6%

7,832

7,634

2.6%

22,419

22,839

-1.8%

International GOL

3,711

3,644

1.8%

10,513

11,124

-5.5%

Departures

1,175

1,110

5.9%

Seats (thousand)

208

196

5.7%

656

645

1.8%

1,860

1,958

-5.0%

ASK (million)

441

390

13.1%

1,433

1,313

9.1%

3,886

3,994

-2.7%

RPK (million)

328

290

13.1%

1,079

980

10.1%

2,967

2,966

0.1%

Load Factor

74.3%

74.3%

0.0 p.p

75.3%

74.6%

0.7 p.p

76.4%

74.3%

2.1 p.p

Paxon board (thousand)

154

142

8.5%

494

469

5.3%

1,409

1,427

-1.3%

On-time Departures

95.2%

96.9%

-1.7 p.p

95.6%

95.6%

0.0 p.p

95.4%

95.1%

0.3 p.p

Flight Completion

98.0%

98.1%

-0.1 p.p

98.3%

98.3%

0.0 p.p

98.4%

93.2%

5.2 p.p

Cargo Ton

8.5

7.7

9.7%

26.2

23.0

13.8%

75.2

68.2

10.3%

Monthly Traffic Figures (¹) Quarter Traffic Figures (¹) Accumulated YTD Traffic Figures (¹)

* Source: Agência Nacional de Aviação Civil (ANAC) and the Company for the current month.

(1) Preliminary Figures

Investor Relations ri@voegol.com.br www.voegol.com.br/ir

+55(11)2128-4700

About GOL Linhas Aéreas Inteligentes S.A.

Brazil's largest airline group. GOL is Brazil's largest airline, carrying 33 million passengers annually on more than 700 daily flights to 63 destinations, 52 in Brazil and 11 in South America and the Caribbean, on a fleet of 120 Boeing 737 aircraft, with a further 120 Boeing 737 MAX on order. GOLLOG is a leading cargo transportation and logistics business serving more than 2,200 Brazilian municipalities and, through partners, 205 international destinations in 95 countries. SMILES is one of the largest coalition loyalty programs in Latin America, with over 12 million registered participants, allowing clients to accumulate miles and redeem tickets for more than 700 locations worldwide. GOL has a team of more than 15 ,000 highly skilled aviation professionals delivering Brazil's top on-time performance, and an industry leading 16 year safety record. GOL's shares are traded on the NYSE (GOL) and the B3 (GOLL4).

GOL Linhas Aéreas Inteligentes SA published this content on 10 October 2017 and is solely responsible for the information contained herein.
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