GOLLOG Celebrates 11 years of Operations by Opening New Cargo Terminal

Published on Wednesday, 01 February 2012 07:35 Written by TradersHuddle Staff

SÃO PAULO, Feb. 1, 2012 /PRNewswire/ -- GOL Linhas Aereas Inteligentes S.A. (BM&FBOVESPA: GOLL4 and NYSE: GOL),(S&P/Fitch: BB-/BB-,Moody's: B1), the largest low-cost and low-fare airline in Latin America, announces the opening of its new cargo terminal at Guarulhos airport.

GOL was one of the first airlines in the world to operate under a low-cost platform and offer an air cargo transport service. For the last 11 years, GOLLOG, GOL's cargo transport division, has been innovating and providing its clients with increasingly rapid, punctual, and secure services.

GOLLOG's last two years were marked by substantial investments. In 2010, it built a new cargo terminal at Congonhas airport, more than doubling its cargo storage and handling capacity. In 2011, it received its largest ever investment, totaling R$11 million, to build a new cargo terminal at Guarulhos, which will begin operations on February 1st. "In addition to investments in infrastructure, we will also be acquiring more technology, with additional shipment monitoring tools, as well as focusing on operational automation," declared Carlos Figueiredo, head of GOL's cargo division.

The new logistics terminal is three times larger than the previous one, with a built-up operational area of around 5,000 square meters on a 10,000-square-meter site. The building's layout was specially designed to ensure a handling capacity of around 150 tonnes/day, almost four times more than before.

To access the document, please visit our website: www.voegol.com.br/ir

Contact

Investor Relations

Leonardo Pereira – Vice-President and CFO

Edmar Lopes – Finance and IR Officer

Gustavo Mendes – Investor Relations

Ricardo Rocca – Investor Relations

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Website: www.voegol.com.br/ri

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SOURCE GOL Linhas Aereas Inteligentes S.A.