Gol Transportes Aereos Gol Linhas Aéreas Inteligentes S.A ("Gol Intelligent Airlines S.A." also known as VRG Linhas Aéreas S/A) / is a Brazilian airline based in Rio de Janeiro, Brazil. According to the National Civil Aviation Agency of Brazil (ANAC), between January and December 2015 Gol had 35.9% of the domestic and 13.6% of the international market shares in terms of passengers per kilometer flown, making it the largest low-cost airline in South America and the second largest Brazilian airline company by market share and fleet size, after LATAM Brasil. Gol competes in Brazil and other South American countries with Chilean LATAM Airlines Group, Brazilian Azul and Colombia-based Avianca Holdings S.A. It also owns the brand Varig, although now that name refers to what is informally known as the "new" Varig, founded in 2006, not to the extinct "old" Varig airline, founded in 1927.
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