22/10/2014 00:59:56 Free Membership Login

GOL Receives Authorization to Provide Maintenance Services for Other Aircraft Models

Date : 04/10/2012 @ 8:14AM
Source : PR Newswire (US)
Stock : Gol Linhas Aereas Inteligentes S.A. (GOL)
Quote : 4.66  -0.19 (-3.92%) @ 3:59PM
Gol share price Chart

GOL Receives Authorization to Provide Maintenance Services for Other Aircraft Models

Gol (NYSE:GOL)
Historical Stock Chart

3 Years : From Oct 2011 to Oct 2014

Click Here for more Gol Charts.

SAO PAULO, April 10, 2012 /PRNewswire/ -- GOL Linhas Aereas Inteligentes S.A. (BM&FBovespa: GOLL4 and NYSE: GOL) (S&P/Fitch:B+/B+, Moody's: B1), the largest low-fare, low-cost airline in Latin America, has received authorization from the National Civil Aviation Agency (ANAC) to provide conventional and electrostatic painting, weighing and recalibration services for other companies' aircraft in its Maintenance Center in Confins, Belo Horizonte. The agency's authorization, which also represents a new revenue source, covers Boeing 737-700 and 737-800 Next Generation aircraft, identical to those of GOL's fleet, as well as Boeing 737-300 aircraft, part of Webjet's fleet, and other models from other manufacturers which are capable of fitting into the painting hangar.

"More than four years ago we launched a project to internalize maintenance processes. In addition to being a new business opportunity, this allows us to offer services to other companies, representing a major advance for GOL and underlining the maturity of the work developed in the Maintenance Center," declared Adalberto Bogsan, GOL's Technical Vice-President. "Our goal is to further improve the Company's techniques, train our personnel, optimize costs and post quality results."

GOL's Aircraft Maintenance Center was expanded in 2010, to reach its current capacity of up to 120 aircraft per year. The expansion absorbed investments of R$65 million, enabling the Center to undertake heavy fuselage maintenance, preventive maintenance, aircraft painting and internal aircraft configuration for GOL's entire fleet.

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

Phone: (11) 2128-4700

E-mail: ri@golnaweb.com.br

Website: www.voegol.com.br/ir

Twitter: @GOLinvest

Corporate Communications

Phone: (11) 2128-4413

E-mail: comcorp@golnaweb.com.br

Twitter: @GOLcomunicacao

Media Relations

Edelman (USA and Europe):

Meaghan Smith and Robby Corrado

Phone: +1 (212) 704-8196 / 704-4484

E-mail: meaghan.smith@edelman.com or robert.corrado@edelman.com

SOURCE GOL Linhas Aereas Inteligentes S.A.

Copyright 2012 PR Newswire



Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE and AMEX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

1 site:2 us 141022 00:59