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PR Newswire
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Gollog Reports 36 Percent Revenue Growth in 2007

SAO PAULO, Brazil, Feb. 22 /PRNewswire-FirstCall/ -- GOL Linhas Aereas Inteligentes S.A. , the parent company of Brazilian airlines GOL Transportes Aereos S.A. ("GTA", Brazil's low-cost, low- fare airline) and VRG Linhas Aereas S.A. ("VRG", Brazil's premium service airline), announced that Gollog, the airline's cargo transport service, achieved 37.1 percent carried volume growth last year - an increase from 41,200 tons in 2006 to 56,500 tons in 2007. Gross revenue also increased 36.4 percent, from R$ 126 million to R$ 172 million over the same period.

Gollog's strong performance is the result of its low cost, low fare business model, unique service offering and extensive route network. Additionally, Gollog's use of the electronic air-way bill (AWB), issued through the web from any city in Brazil, not only saves customers time and fuel but also provides them with a convenient, safe and reliable way to access information and track their cargo in real-time. "We're pleased with our performance in 2007, when we opened new bases, enhanced our service offering and expanded our network both domestically and internationally. We were also able to leverage new cargo space through VRG's aircraft, which was added to our fleet following the April 2007 acquisition," says Tarcisio Gargioni, vice president of marketing and services at GOL.

Since beginning operations on January 30, 2001, Gollog has transported nearly 180,000 tons of cargo and issued over 2.6 million AWBs. The incorporation of VRG's fleet will allow the Company to further increase capacity. Through VRG's operations, the airline group's cargo transport service will reach Mexico and new destinations in Europe under the Gollog brand.

In April, GOL will implement a new cargo transportation process control system, Unisys' HORUS/LMS (Logistics Management Systems). Used by some of the world's leading airlines, the system reduces direct IT costs and increases customer service and cargo transport efficiencies, improving the Company's revenue management. Additionally, it is adaptable to the Company's existing processes and easily integrated to customers' and agents' systems, following the main models in the market. The HORUS service is available throughout the year and ready to absorb Gollog's domestic and international cargo transport demand, which has significantly increased with the acquisition of VRG.

Investor Relations (5511) 3169 6800ri@golnaweb.com.brhttp://www.voegol.com.br/ir Media (5511) 3169 6967comcorp@golnaweb.com.brEdelman; G. Juncadella and M. Smith +1 (212) 704-4448 / 704-8196gabriela.juncadella@edelman.com;meaghan.smith@edelman.com

Lithium vs. Palladium - Zwei Rohstoff-Chancen traden
In diesem kostenfreien PDF-Report zeigt Experte Carsten Stork interessante Hintergründe zu den beiden Rohstoffen inkl. . Zudem gibt er Ihnen konkrete Produkte zum Nachhandeln an die Hand, inkl. WKNs.
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