Smiles Fidelidade SA is a Brazilian company that manages the Smiles loyalty program. The Smiles program allows members to accumulate and redeem miles through commercial and financial partners. Miles are accumulated through flights with Gol Linhas Aereas Inteligentes and its international partners, major Brazilian banks, and a network of retail stores. Miles are most commonly redeemed for flights offered by Gol and its international partners, and are also redeemable for products or services offered by other commercial and financial partners. The company derives the vast majority of consolidated revenue from the redemption of miles. Smiles is a subsidiary of Gol Linhas Aereas Inteligentes.