HOUSTON, July 16, 2012 /PRNewswire/ -- AvStar
Aviation Group, Inc. (AvStar) (OTC Pink: AAVG) today announced that
its wholly owned subsidiary, Twin Air Calypso Limited, Inc. (TACL),
has been in discussions with the City of Naples Airport Authority
to provide air carrier service based in Naples, Florida. TACL has formally informed
the City of Naples Airport Authority that it will commence its
"Naples Connection" air service from Naples, Florida to four Florida destinations beginning October 22, 2012. The service will be the first
in what the company is branding as its "Community Airline" concept
that is designed to fill the void left in smaller communities by
the reduction in major and regional airline service. TACL expects
to generate annual revenue in the range of $1MM with its Naples
Connection air service.
The Naples air service will be
performed using Cessna 208B "Grand Caravan" aircraft and will
initially operate to the Florida
cities of Miami, Ft. Lauderdale, Key
West and Orlando. The
Ft. Lauderdale route schedule is
designed to connect with TACL's existing flights to the islands of
Eleuthera and Abaco in the Bahamas. Additionally, a Piper Navajo
Chieftain will be based in Naples
as an auxiliary and charter aircraft.
"We are pleased to offer this service to the citizens of
Naples, not only will it give
Naples travelers access to the
business centers and cruise ports of the east coast of Florida, but also the tourist destinations of
Key West and Orlando.
Additionally, the southwest coast of Florida will now have an efficient way to
enjoy the 'family islands' of the Bahamas. The concept of a community airline is
one that is tailored to our existing operation and I look forward
to seeing what other opportunities are available in the southeast
for future expansion," said Clayton
Gamber, CEO of AvStar Aviation Group, Inc.
Forward-Looking Statements: Certain statements contained in this
release issued by AvStar Aviation Group, Inc. (the "Company") that
are not historical facts are "forward-looking" statements within
the meaning of Section 21E of the Securities and Exchange Act of
1934, and because such statements involve risks and uncertainties,
actual results may differ materially from those expressed or
implied by such forward-looking statements. Forward-looking
statements are statements regarding the intent, belief, or current
expectations, estimates, or projections of the Company, its
directors, or its officers about the Company and the industry in
which it operates and are based on assumptions made by management.
Although the Company believes that its expectations are based on
reasonable assumptions, it can give no assurance that the
anticipated results will occur. When issued in this report, the
words "expects," "anticipates," "intends," "plans," "believes,"
"seeks," "estimates," and similar expressions are generally
intended to identify forward-looking statements.
Contact:
Clayton I. Gamber Jr.
President/CEO
Phone: 954-279-2517
http://www.avstarinc.com
cgamber(at)avstarinc(dot)com
SOURCE AvStar Aviation Group, Inc.
