GOL and American Airlines sign definitive investment agreement

GOL Linhas Aéreas Inteligentes (GOL), Brazil’s largest domestic airline, has entered into definitive arrangements through an investment agreement with American Airlines for expansion of its commercial cooperation with American and an equity investment in the amount of US$200 million by American in 22.2 million newly issued preferred shares of GOL through a capital increase for a 5.2% participation in GOL’s economic interest. The closing of the transaction, including the issuance and payment for newly issued preferred shares of GOL, is subject to customary closing conditions, including antitrust approval in Brazil.