[3] As GOL took over Varig's operations,[4] they decided to absorb the Smiles program, aiming its later conversion for an independent business unit.

[5] After the successful IPO of Multiplus, the loyalty program from GOL's competitor, TAM Linhas Aéreas (now part of LATAM Airlines Group), GOL decided to split that business from the airline and go public, which has been carried in April 2013.

[6] In January 2024, Smiles' owner Gol announced that it would be preparing to file for Chapter 11 bankruptcy by no later than February 2024, stating that the airline has been struggling with high debt and recently hired Seabury Capital to help it in a broad capital structure review.

[8] On 25 January 2024, Gol declared Chapter 11 bankruptcy in New York in an effort to bounce back from high debt costs caused by the COVID-19 pandemic.

[9] On July 6, 2010, Delta Air Lines announced an agreement to redeem Smiles mileage for SkyMiles benefits and vice versa.