São Paulo, July 5, 2018 - GOL Linhas Aéreas Inteligentes S.A., (NYSE: GOL and B3: GOLL4), Brazil's #1 airline, provides its Investor Update. The information below for the quarter ended in June 2018 is preliminary and unaudited.

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  1. 2Q17 results were adjusted in accordance with IFRS 15.
  2. Considering the application of IFRS 15, 2Q17 PRASK was R$19.29 cents.
  3. Excluding perpetual notes.
  4. Considering the application of IFRS 15, 2Q17 Ancillary Revenue was 6.7% of total net revenues.
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