Boeing, GOL Airlines Announce Collaboration to Increase Sustainable Aviation Biofuel Supply in Brazil

 Boeing, GOL Airlines Announce Collaboration to Increase Sustainable Aviation
                           Biofuel Supply in Brazil

Lower-carbon fuels to support flights during upcoming major sporting events

PR Newswire

CANCUN, Mexico, Nov. 14, 2013

CANCUN, Mexico, Nov. 14, 2013 /PRNewswire/ -- Boeing [NYSE: BA] and GOL Linhas
Aereas Inteligentes S.A. (BM&FBOVESPA: GOLL4 and NYSE: GOL) will work together
to speed the research, development and approval of new sources of sustainable
aviation biofuel in Brazil. Their collaboration will support GOL's plans to
use this lower-carbon jet fuel on more flights during upcoming major sporting
events and also will benefit long-term development of a new sustainable
aviation biofuel industry in Brazil.

Paulo Sergio Kakinoff, chief executive officer of GOL, and Van Rex Gallard,
vice president of Sales for Africa, Latin America and the Caribbean, Boeing
Commercial Airplanes, signed a memorandum of understanding for biofuel
collaboration at the Latin America and Caribbean Air Transport Association
(ALTA) Airline Leaders Forum 2013.

"Because of its continuous improvements in technology that result in
ever-lower fuel consumption, the Boeing Next Generation 737 is the only
airplane that GOL flies," said Paulo Kakinoff, chief executive officer for
GOL. "Boeing's focus on fuel efficiency helps us all operate in a more
sustainable fashion, and the expansion of our partnership with this new
project will further advance the effort to expand biofuel use in Brazil. It
also will serve as an example to the world of what is possible today and in
years to come."

"Boeing is very pleased to work with GOL on this key project to advance the
use and availability of biofuels," said Gallard. "As Brazil's leading low-cost
carrier, GOL is showing great leadership in its efforts to conduct
lower-carbon flights."

GOL plans to use sustainable biojetfuel on 200 flights during the major
sporting event in Brazil in 2014 and to incorporate biofuel into 20 percent of
its flights during the major sporting event taking place in Rio de Janeiro in
2016. Boeing will work with GOL to identify and select the most promising
feedstocks and refining technologies and then will play a leading role in the
approval process for new fuel pathways to ensure the fuel meets safety and
performance standards.

The agreement between Boeing and GOL is a significant new step in efforts to
advance an aviation biofuel industry in Brazil. On Oct. 23, Brazil's Aviator's
Day, GOL conducted Brazil's first commercial biofuel flight in a Boeing
737-800 powered in part by sustainable aviation biofuel made from waste
cooking oil and blended by Petrobras, with support from the Inter-American
Development Bank (IDB). Following the flight, aviation industry stakeholders
including GOL and Boeing, as well as Brazilian officials and research
institutions, announced a national effort called the Brazilian Biojetfuel
Platform to establish a sustainable biojetfuel industry with research and
development in several regions of the country. If the Platform is successful,
Brazil, which has already established a biofuel industry could be the first
nation to establish a sustainable aviation biofuel industry from biomass
production to flight.

Jim Proulx
Boeing International Sales Communications
+1 206 850-2102

Marcus De Barros Pinto
GOL: Brazil Communications
+55 11 9.8699.8085

Jessica Kowal
Boeing Commercial Airplanes Environment Communications
+1 206 660 6849


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