SAO PAULO, Brazil, Jan. 19 /PRNewswire-FirstCall/ — GOL Linhas Aereas Inteligentes (NYSE: GOL - News; Bovespa: GOLL4), Brazil’s low-cost, low-fare airline, announces that it will start operating daily flights between Brazil and Panama, made possible through the Company’s code-share agreement with Copa Airlines. Through the previous agreement the two companies operated only four flights per week. The agreement, signed in August 2005, aims to offer more flights and connection options between Brazil and Panama, including several points across the Americas, through the Hub de las Americas — a direct flight distribution center located at Tocumen International Airport, in Panama City, which serves 30 destinations in 20 countries.

“Increasing flight frequencies not only proves the code-share agreement is successful, but more importantly, creates additional benefits for customers of both companies,” says Wilson Maciel Ramos, Vice President of Planning and Information Technology at GOL Linhas Aereas Inteligentes.

Under the code-share agreement, passengers flying to Brazil on Copa Airlines will travel through the Hub de las Americas to Guarulhos International Airport (Sao Paulo) with connection to Galeao International Airport (Rio de Janeiro).

“We are pleased to continue expanding our working alliance with GOL. This latest expansion increases the flights we jointly offer our passengers in code-share between Panama and Brazil, and further strengthens the Hub de las Americas,” says Jorge Garcia, Copa Airlines’ Commercial Vice President.

About GOL Linhas Aereas Inteligentes

GOL Linhas Aereas Inteligentes, a low-cost, low-fare airline, is one of the most profitable and fastest-growing airlines in the industry worldwide. GOL currently offers over 430 daily flights to 49 major business and travel destinations in Brazil, Argentina, Bolivia, Uruguay and Paraguay with substantial expansion opportunities. GOL’s shares are listed on the NYSE and the Bovespa. GOL: here everyone can fly!

For more information, access http://www.voegol.com.br

About Copa Airlines

Copa Airlines is one of the main passenger airlines in Latin America. The Company operates from its strategic position in the Hub de las Americas, in the Republic of Panama, and offers 80 daily flights to 30 destinations in 20 countries in North, South and Central America, and the Caribbean. For further information, please access http://www.copaair.com .

CONTACT:
GOL Linhas Aereas Inteligentes S.A.
tel.: (5511) 5033-4393
e-mail: ri@golnaweb.com.br
http://www.voegol.com.br/ir

SOURCE: Don Winner @ Panama-guide.com

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Source: VIP Panama