{"id":394317,"date":"2020-12-07T08:40:41","date_gmt":"2020-12-07T13:40:41","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=394317"},"modified":"2020-12-07T08:40:41","modified_gmt":"2020-12-07T13:40:41","slug":"gol-announces-readjustment-of-transfer-prices-of-airline-tickets-and-miles-for-loyalty-program","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/gol-announces-readjustment-of-transfer-prices-of-airline-tickets-and-miles-for-loyalty-program\/","title":{"rendered":"GOL Announces Readjustment of Transfer Prices of Airline Tickets and Miles for Loyalty Program"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p \/>\n<p>S\u00c3O PAULO, <span class=\"xn-chron\">Dec. 7, 2020<\/span> \/PRNewswire\/ &#8212;<b>\u00a0GOL Linhas A\u00e9reas Inteligentes S.A. (NYSE: GOL and B3: GOLL4)<\/b>, <span class=\"xn-location\">Brazil&#8217;s<\/span> largest domestic airline, informs the result of the calculation of the adjustments to the price of standard airline tickets sold by GLA to Smiles and of miles sold by Smiles to GLA, in accordance with the Miles and Airline Ticket Purchase Agreement (&#8220;Agreement&#8221;), dated <span class=\"xn-chron\">December 28, 2012<\/span>, among GOL, GOL Linhas A\u00e9reas S.A. (&#8220;GLA&#8221;) and Smiles Fidelidade S.A. (&#8220;Smiles&#8221;): (i) the price of standard airline tickets sold by GLA to Smiles will decrease by 4.3% and (ii) the price of miles sold to GLA by Smiles will increase by 5%. Such adjustments will come into effect as of <span class=\"xn-chron\">January 1, 2021<\/span>.<\/p>\n<p>\n        <b>GOL Investor Relations <br \/><\/b><br \/>\n        <a target=\"_blank\" href=\"mailto:ri@voegol.com.br\" rel=\"nofollow noopener noreferrer\">ri@voegol.com.br<\/a>\u00a0\u00a0 <br \/><a target=\"_blank\" href=\"http:\/\/www.voegol.com.br\/ir\" rel=\"nofollow noopener noreferrer\">www.voegol.com.br\/ir<\/a>\u00a0\u00a0 <br \/>+55 (11) 2128-4700<\/p>\n<p>\n        <b>About GOL Linhas A\u00e9reas Inteligentes S.A. (&#8220;GOL&#8221;)<\/b>\n      <\/p>\n<p>\n        <b>GOL<\/b>\u00a0serves more than 36 million passengers annually. With <span class=\"xn-location\">Brazil&#8217;s<\/span> largest network, <b>GOL <\/b>offers customers more than 750 daily flights to over 100 destinations in <span class=\"xn-location\">Brazil<\/span> and in <span class=\"xn-location\">South America<\/span>, the <span class=\"xn-location\">Caribbean<\/span> and <span class=\"xn-location\">the United States<\/span>. <b>GOLLOG&#8217;s<\/b> cargo transportation and logistics business serves more than 3,400 Brazilian municipalities and more than 200 international destinations in 95 countries. <b>SMILES<\/b> allows over 16 million registered clients to accumulate miles and redeem tickets to more than 700 destinations worldwide on the GOL partner network. Headquartered in S\u00e3o Paulo, GOL has a team of approximately 15,000 highly skilled aviation professionals and operates a fleet of 127 Boeing 737 aircraft, delivering <span class=\"xn-location\">Brazil&#8217;s<\/span> top on-time performance and an industry leading 19-year safety record. GOL has invested billions of Reais in facilities, products and services and technology to enhance the customer experience in the air and on the ground. GOL&#8217;s shares are traded on the NYSE (GOL) and the B3 (GOLL4). For further information, visit <a target=\"_blank\" href=\"http:\/\/www.voegol.com.br\/ir\" rel=\"nofollow noopener noreferrer\">www.voegol.com.br\/ir<\/a>.<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=SP15073&amp;sd=2020-12-07\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/gol-announces-readjustment-of-transfer-prices-of-airline-tickets-and-miles-for-loyalty-program-301187309.html\">http:\/\/www.prnewswire.com\/news-releases\/gol-announces-readjustment-of-transfer-prices-of-airline-tickets-and-miles-for-loyalty-program-301187309.html<\/a><\/p>\n<p>SOURCE  GOL Linhas A\u00e9reas Inteligentes S.A.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=SP15073&amp;Transmission_Id=202012070837PR_NEWS_USPR_____SP15073&amp;DateId=20201207\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire S\u00c3O PAULO, Dec. 7, 2020 \/PRNewswire\/ &#8212;\u00a0GOL Linhas A\u00e9reas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), Brazil&#8217;s largest domestic airline, informs the result of the calculation of the adjustments to the price of standard airline tickets sold by GLA to Smiles and of miles sold by Smiles to GLA, in accordance with the Miles and Airline Ticket Purchase Agreement (&#8220;Agreement&#8221;), dated December 28, 2012, among GOL, GOL Linhas A\u00e9reas S.A. (&#8220;GLA&#8221;) and Smiles Fidelidade S.A. (&#8220;Smiles&#8221;): (i) the price of standard airline tickets sold by GLA to Smiles will decrease by 4.3% and (ii) the price of miles sold to GLA by Smiles will increase by 5%. Such adjustments will come into effect as of January 1, 2021. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gol-announces-readjustment-of-transfer-prices-of-airline-tickets-and-miles-for-loyalty-program\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;GOL Announces Readjustment of Transfer Prices of Airline Tickets and Miles for Loyalty Program&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-394317","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GOL Announces Readjustment of Transfer Prices of Airline Tickets and Miles for Loyalty Program - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gol-announces-readjustment-of-transfer-prices-of-airline-tickets-and-miles-for-loyalty-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GOL Announces Readjustment of Transfer Prices of Airline Tickets and Miles for Loyalty Program - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire S\u00c3O PAULO, Dec. 7, 2020 \/PRNewswire\/ &#8212;\u00a0GOL Linhas A\u00e9reas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), Brazil&#8217;s largest domestic airline, informs the result of the calculation of the adjustments to the price of standard airline tickets sold by GLA to Smiles and of miles sold by Smiles to GLA, in accordance with the Miles and Airline Ticket Purchase Agreement (&#8220;Agreement&#8221;), dated December 28, 2012, among GOL, GOL Linhas A\u00e9reas S.A. (&#8220;GLA&#8221;) and Smiles Fidelidade S.A. (&#8220;Smiles&#8221;): (i) the price of standard airline tickets sold by GLA to Smiles will decrease by 4.3% and (ii) the price of miles sold to GLA by Smiles will increase by 5%. Such adjustments will come into effect as of January 1, 2021. &hellip; Continue reading &quot;GOL Announces Readjustment of Transfer Prices of Airline Tickets and Miles for Loyalty Program&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/gol-announces-readjustment-of-transfer-prices-of-airline-tickets-and-miles-for-loyalty-program\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-07T13:40:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=SP15073&amp;sd=2020-12-07\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gol-announces-readjustment-of-transfer-prices-of-airline-tickets-and-miles-for-loyalty-program\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gol-announces-readjustment-of-transfer-prices-of-airline-tickets-and-miles-for-loyalty-program\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"GOL Announces Readjustment of Transfer Prices of Airline Tickets and Miles for Loyalty Program\",\"datePublished\":\"2020-12-07T13:40:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gol-announces-readjustment-of-transfer-prices-of-airline-tickets-and-miles-for-loyalty-program\\\/\"},\"wordCount\":326,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gol-announces-readjustment-of-transfer-prices-of-airline-tickets-and-miles-for-loyalty-program\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=SP15073&amp;sd=2020-12-07\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gol-announces-readjustment-of-transfer-prices-of-airline-tickets-and-miles-for-loyalty-program\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gol-announces-readjustment-of-transfer-prices-of-airline-tickets-and-miles-for-loyalty-program\\\/\",\"name\":\"GOL Announces Readjustment of Transfer Prices of Airline Tickets and Miles for Loyalty Program - 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(NYSE: GOL and B3: GOLL4), Brazil&#8217;s largest domestic airline, informs the result of the calculation of the adjustments to the price of standard airline tickets sold by GLA to Smiles and of miles sold by Smiles to GLA, in accordance with the Miles and Airline Ticket Purchase Agreement (&#8220;Agreement&#8221;), dated December 28, 2012, among GOL, GOL Linhas A\u00e9reas S.A. (&#8220;GLA&#8221;) and Smiles Fidelidade S.A. (&#8220;Smiles&#8221;): (i) the price of standard airline tickets sold by GLA to Smiles will decrease by 4.3% and (ii) the price of miles sold to GLA by Smiles will increase by 5%. 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