Gol Transportes Aéreos

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Gol Transportes Aéreos ("Gol Air Transport," BM&F Bovespa: GOLL3, GOLL4 / NYSEGOL) is a Brazilian low-cost airline based in Comandante Lineu Gomes Square, São Paulo City, Brazil.[1]

It owns the brand Varig although the name Varig refers to the informally known "new" Varig, founded in 2005 and not to the "old" Varig, founded in 1927.

According to the National Civil Aviation Agency of Brazil (ANAC), between January and December 2009, Gol/Varig had 41.37% of the domestic and 13.40% of the international market shares in terms of passengers per kilometre flown. In November 2010, its shares were of 39.78% for the domestic and 12.23% for the international markets.[2]

Gol operates a growing domestic and international scheduled network. Its main hubs are São Paulo's Congonhas Airport, Rio de Janeiro's Galeão International Airport and Brasília International Airport - Presidente Juscelino Kubitschek. Gol also has focus operations at Belo Horizonte Int'l Airport, Rio de Janeiro's Santos Dumont Airport, São Paulo's Guarulhos International Airport and Porto Alegre's Salgado Filho International Airport.

Gol refers to itself as Gol Intelligent Airlines[3] (Gol Linhas aéreas inteligentes in Portuguese) as a slogan. The company is traded on the New York Stock Exchange as "GOL Linhas Aéreas Inteligentes S.A."[4] "Gol" in Portuguese and Spanish translates into English: goal.[5]


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