During March 2014, GOL Linhas Aereas Inteligentes, the largest low-cost and low-fare airline in Latin America, reported a 19% increase in net PRASK over the same month last year, due to the 9.0 p.p. increase in the system load factor to 73.7%, along with a 4% increase in yield over March 2013. In the quarter, PRASK grew by 18% year over year, and yield increased by 4%. The Company’s new level of load factor of 76.1% in the first quarter enabled this growth. In March, the average jet fuel price moved up by around 10% year over year, leading to

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