GOL discloses its preliminary traffic figures for March 2018

São Paulo, April 5, 2018 - GOL Linhas Aéreas Inteligentes S.A. ("GLAI"), (NYSE: GOL and B3: GOLL4), Brazil's #1 airline, announces today preliminary air traffic figures for the month of March, 2018. Comparisons refer to the same period of 2017.

GOL's Highlights

GOL's load factor was 78.5% in March 2018, 1.2 p.p up over the same period of 2017, due to a growth in demand of 0.7% in the period. The total volume of departures decreased by 3.6% and the number of seats reduced 3.4% in March, with a decrease in supply of 0.9%.

In the domestic market, GOL's load factor was 78.5%, up 1.6 p.p in comparison to the same month of the previous year. The volume of departures and number of seats decreased by 4.6% and 4.3%, respectively over March 2017. Domestic supply decreased by 3.0% in March over the same period the year before, while demand reduced by 0.9%.

In the international market, GOL's load factor was 78.4%, a decrease of 2.1 p.p. in relation to March 2017. GOL's international supply and demand rose by 15.9% and 12.9%, respectively.