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GOL Increases Jet Order

March 6, 2006 By: Susan Young Travel Agent

GOL Linhas Aereas Inteligentes, a Brazilian low-cost, low-fare airline, has increased the number of firm orders with Boeing, from 65 to 67 aircraft, as part of the company's continuing plans for expansion and cost reduction. In July 2005, GOL increased its contract with Boeing for the purchase of up to 101 737-800 Next Generation aircraft, the largest agreement between Boeing and a Latin American company. By exercising an additional two purchase options, the company increases its firm orders to a total of 67 aircraft, scheduled for delivery between 2006 and 2012. With this increase, the Company's aircraft purchase options reduce from 36 to 34.

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