From owner-freebsd-www Wed Feb 12 5:51:55 2003 Delivered-To: freebsd-www@freebsd.org Received: from mx1.FreeBSD.org (mx1.freebsd.org [216.136.204.125]) by hub.freebsd.org (Postfix) with ESMTP id DD41C37B401 for ; Wed, 12 Feb 2003 05:51:47 -0800 (PST) Received: from raycious.zive.net (zaq3d73802a.zaq.ne.jp [61.115.128.42]) by mx1.FreeBSD.org (Postfix) with ESMTP id 75FBD43F3F for ; Wed, 12 Feb 2003 05:51:45 -0800 (PST) (envelope-from liesa@acm.mc) Received: from uu.is (203.200.93.5) by raycious.zive.net with [XMail 1.12 (Win32/Ix86) ESMTP Server] id for from ; Wed, 12 Feb 2003 18:55:46 +0900 Message-ID: <000017251432$00000f9d$000041eb@webnetconcepts.cc> To: Cc: , , , , , , , , From: "Jerome" Subject: New French Airlines engages in new business model15978 Date: Wed, 12 Feb 2003 01:55:05 -2000 MIME-Version: 1.0 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: 7bit Sender: owner-freebsd-www@FreeBSD.ORG Precedence: bulk List-ID: List-Archive: (Web Archive) List-Help: (List Instructions) List-Subscribe: List-Unsubscribe: X-Loop: FreeBSD.org Undervalued Weekly Reporter Initiates Coverage: OTCBB: LAIR UWR ALERT: Since September 11th traveling by air has become a combat zone. This Belgian airline carrier is taking over Sabena's once coveted Brussels hub, creating low-cost direct international routes and providing high quality service. With all of its competitive advantages L-AIR Holdings (OTC BB: LAIR) is destined to become the "JetBlue" (NASDAQ: BLU) of Europe. HOW TO BENEFIT FROM THE AIRLINE CARRIER/TRAVEL CRISIS BY INVESTING IN HIGH GROWTH SAFE, SECURE and PROFITABLE GLOBAL CARRIERS? L-Air Holdings, Inc. (OTC BB: LAIR) - US$20M in revenue immediately from its first three routes. Shares Outstanding-----------------22.305 Million Shares in DTC----------------------4.5 Million DTC shares m'gt friendly-------900k DTC management shares----------3.2 Million DTC shares in public float-----400k Recent Price-----------------------$0.185 Year Low/Hi------------------------$0.09 - $0.185 Visist Website at lair.com If you are a frequent or even some-time airline passenger then you already know how important it is to not only receive a low-priced fare, but to get the most expeditious and friendly customer service possible. This is where most international airline carriers have failed since September 11th. Now that war with Iraq is likely, further financial crisis at most of the major airlines is also likely. Alternative international air carriers flying under flags from countries not likely to be the target of terrorist attack are seeing their bookings increase dramatically. So who benefits from this? The airline carriers in countries such as Belgium, France, Norway and others that, can operate safely and securely within this framework, while not sacrificing customer service and satisfaction through pricing. That is one of the reasons why we believe L-Air Holdings, Inc. (OTCBB: LAIR) will succeed particularly well in the short term. Long-term we feel that the OTCBB: LAIR business model combined with implementation by its impressive management team and in-place financiers will bring much higher valuations to this stock. The Company's commitment to cost efficiencies and customer satisfaction is at the core of its business model, just like JetBlue (NASDAQ: JBLU), Southwest Air (NYSE: LUV), and easyJet.com, all of whom are very successful within their respective markets and industry leaders. This international carrier is on the path to success. Fortune Magazine recently stated that Southwest Airlines is the all-time #1 successful investment. We feel L-Air Holdings is on a similar path. As recently reported in SPEEDNEWS (speednews.com), the newsletter of record for the aviation industry, L-Air Holdings is in the process of acquiring a European airline, Belgium Universal Airways, in order to receive an AOC (air operations certificate). Within one-month of finalizing the acquisition currently being negotiated and receipt of its AOC, expected to be complete by March 1, 2003, LAIR will operate two Airbus A340-300 aircraft over three high-traffic routes. Contracts for these routes are in place with tour operators and other agencies providing an initial and immediate revenue stream of approximately US$400k weekly, or annualized revenues in excess of $20 million from existing contracts. Based in Brussels, Belgian Universal Airways, through direct ownership by OTCBB: LAIR, is being transformed into a low-priced passenger airline providing exceptional customer service, much like its USA based counterpart, JetBlue (NASDAQ: JBLU). The Company plans an aggressive expansion campaign as led by its capable ex-Sabena staff and management with its financier and 51% owner Universal Capital Partners (UCP). UCP has already spent over US$5 million and committed an additional US$10 million in cash to the Company's initial operating budget. UCP has also signed leases with major aircraft manufacturers to provide LAIR with at least 5-Airbus 340-300 aircraft by year-end. UCP is a majority shareholder of LAIR. LAIR expects to take delivery of the first two freshly painted jets in April 2003 with the following routes to be serviced: Route 1) Brussels -to- Puntancana (Caribbean - one of the heaviest European tourist destinations currently) Route 2) Yervena -to- LAX (Contracts with Armenian agency to provide this much needed service to be announced upon successful completion of acquisition) Route 3) Toronto -to- Montreal -to- Delhi, India (No competition on this highly lucrative and much needed route as of yet) Three additional Airbus 340's are to be acquired through leases in the Fall of 2003. The carrier proposes to launch new operations from its Brussels hub in April 2003. Ask anyone in the airline industry what is the most promising source of revenue growth with the current political situation and insurance cost nightmare for U.S. and other majors and many will agree that small carriers with high-traffic routes and good low maintenance cost aircraft are the key. Focusing on profitable long haul routes with low-cost maintenance jets, while providing exceptional customer satisfaction OTCBB: LAIR is one of these carriers. The Company's commitment to cost efficiencies and customer satisfaction is at the core of its business model, just like JetBlue (NASDAQ: JBLU), Southwest Air (NYSE: LUV), and easyJet.com all of whom are very successful within their respective markets and industry leaders. This international carrier is on the path to success. About the Co. - Belgian Universal Airways, OTCBB: LAIR Europe needs a safe and decent, well run Airline, managed by highly qualified and experienced staff, that will provide good service at a fair price for everyone. Since the closure of Sabena in 2001 (the Belgian National Airline) due to Swiss Air's bankruptcy (Swiss Air had recently bought Sabena), there has been a need to revive the once thriving wide International Flight Network based in Brussels. In addition, since the September 11 tragedy, carriers that are not terrorist targets are increasingly being called upon to pick up these routes. Through an acquisition of 49% of Belgian Universal Airways by OTCBB: LAIR, UCP and Sabena's Captain Raymond Nicolai are now preparing to meet this need. Universal Capital Partners (UCP) is currently negotiating with the airline to finalize an acquisition that will give UCP 51% ownership, while 49% will reside with OTCBB: LAIR. UCP is the single largest shareholder of OTCBB: LAIR currently. This structure is necessary to meet ownership requirements mandating that 51% of a European air carrier be European owned. Captain Raymond Nicolai has dedicated his life to Aviation since 1968. He is an ex-Belgian Air Force fighter pilot and is an instructor on many types of Aircraft including the company's chosen A340. Captain Nicolai is bringing many of the former Sabena management and staff that will comprise the bulk of the company's 100 plus in number workforce. These well trained ex-Sabena staff members are dedicated to the Company's (OTCBB: LAIR) mission of creating a new Belgian National Airline that represents excellence in all aspects, including on-time flights, the highest level of customer service, cost efficiencies in operations and maximization of profitability for its investors. With the addition of many new international direct routes to markets including Asia, Middle East, Africa, USA, Canada, Caribbean and Europe the Company has a better than average chance of achieving success due to the lack of any competition servicing these routes currently. Belgian Universal will operate a fleet of 5 Airbus A340-300 aircraft capable of seating 220 Economy seats, 30 Business class full comfort pitch seat, and 10 First class sleeperettes. All Belgian Universal's aircraft feature roomy all-leather seats each equipped with satellite phones and full individual multi-media systems capable of delivering many different forms of entertainment, including: a large selection of movies / videos, music (MP3 and other format), computer/video games, and the soon to be offered "on-board" Internet services. All available at every seat along with the many high quality amenities not found on existing air carriers competing with the Company (OTCBB: LAIR). With Belgian Universal, all seats are assigned, a good percentage of travel is ticketless, all fares are one-way, and a Saturday night stay is never required. For more information, schedules and fares, please visit Website at lair.com. Press releases, can be found on the website at lair.com. Airline industry experts agree that the most promising source of revenue growth with the current political situation and insurance cost nightmare for U.S. and other majors is within the group of small carriers with high-traffic routes and low-maintenance cost aircraft. Focusing on profitable long haul routes with low-cost maintenance jets, while providing exceptional customer service, OTCBB: LAIR is one of these carriers. The Company's commitment to cost efficiencies and customer satisfaction is at the core of its business model, just like JetBlue (NASDAQ: JBLU), Southwest Air (NYSE: LUV), and easyJet.com, all of whom are very successful within their respective markets and industry leaders. 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