carnival air
Posts: 81
Joined: Sun Sep 05, 1999 4:22 am

New Airline For Puerto Rico, Caribbean And The USA

Fri Dec 06, 2002 6:02 am

I can’t believe it! Do you know anything about this Viva Air??? Chepos???

Look at this…. (from: http://biz.yahoo.com/bw/021205/52364_1.html)

http://www.vivaairlines.com/default.asp


Press Release Source: Viva Airlines, Inc.


Viva Airlines, Inc. to Merge With Auxer
Thursday December 5, 2:21 pm ET


TRAVERSE CITY, Mich.--(BUSINESS WIRE)--Dec. 5, 2002--Viva Airlines, Inc. announced today that it has reached an agreement to merge with The Auxer Group, Inc. (OTCBB:AXGI - News).
Robert J. Scott, Viva's President and Chief Executive Officer has accepted an invitation to join Auxer's Board of Directors and will immediately become interim President and Chief Executive Officer of Auxer upon the anticipated completion of the merger; which is expected to occur by mid-December.

Viva Airlines, Inc. is a Puerto Rico Corporation that is preparing to provide passenger and cargo air service from San Juan, Puerto Rico and other Caribbean locations to various North American destinations beginning in the first quarter of 2003.

Viva has contracted with Falcon Air Express of Miami to provide turnkey flight operations; and with Professional Aircraft Services, Inc. of Puerto Rico to provide professional ground services within The Islands and US mainland.

Viva has engaged Loan Star Investments of Dallas, Texas to assist the Company with equipment and other financing requirements.

Robert Scott said, "The merger with Auxer accelerates the Company's plans to provide air and cargo services into the Caribbean. The Company's concentration will be on this `niche' market. Viva based in San Juan will operate a fleet of aircraft that will accentuate the Country's colors, flag and cuisine. We believe the Company is positioned to have a competitive advantage over other carriers from our very first day of operation."

Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products, competition, new products and technological changes, intellectual property rights and other risks.

For further information on Viva please visit our website at: www.vivaairlines.com.



--------------------------------------------------------------------------------
Contact:
Viva Airlines, Inc.
Bob Scott, 231/946-4343



--------------------------------------------------------------------------------
Source: Viva Airlines, Inc.
 
manni
Posts: 4049
Joined: Thu Nov 08, 2001 1:48 am

RE: New Airline For Puerto Rico, Caribbean And The USA

Fri Dec 06, 2002 6:12 am

Viva Air, I've heard that before, isn't that a Bulgarian charter airline aswell?
SUPPORT THE LEBANESE CIVILIANS
 
tol air
Posts: 66
Joined: Thu Jun 10, 1999 11:02 am

RE: New Airline For Puerto Rico, Caribbean And The USA

Fri Dec 06, 2002 6:51 am

Viva Air was Iberias charter airline. They flew about 11 737-300's all through Europe, the Meditterenean, Canary Island, and even to Africa and Middle East.

This is really interesting...Does anyone know anything else about this group of investors? What about the airline? Planes, routes, fares, destinations from each city etc???? Are they going to fly intra-PR routes?

Tol Air
 
CactusA319
Posts: 2821
Joined: Fri Jan 21, 2000 1:51 am

RE: New Airline For Puerto Rico, Caribbean And The USA

Fri Dec 06, 2002 7:01 am


Never heard of either of these two outfits. Apparently the flight will be operated by Falcon Air Express (727's). This isn't the first time this type of airline is created in Puerto Rico. I can recall about half a dozen that utilized Miami Air or Falcon 727's to fly from SJU to different points on the US-usually the East Coast and Florida. These "airlines" would be around for a few months and then vanish. This seems like another one of those airlines.

 
PacificFlyer
Posts: 380
Joined: Sat Nov 03, 2001 11:30 am

RE: New Airline For Puerto Rico, Caribbean And The USA

Fri Dec 06, 2002 8:14 am

Iberia's subsidiary Viva Air I believe merged into Iberia in 1997 since Iberia thought that they have no more use for Viva Air.
 
chepos
Posts: 5938
Joined: Sat Dec 02, 2000 9:40 am

RE: New Airline For Puerto Rico, Caribbean And The USA

Fri Dec 06, 2002 9:49 am

This does seem like very good news and it would be a dream if we see this airline suceed but forgive me for being a pesimist but this airline seems to be another East Caribbean. East Caribbean had the same intentions that this airline has but with flights out PSE (they just operated 1 flight and left people holding tickets stranded and without their money back ). Maybe Im wrong and we might see this airline grow like Aeromar in The Dominican Republic which flies between Santiago and Santo Domingo to New York and Miami but I really doubt it. Ive seen so many of these so called Puerto Rican airlines never fly or fly for a very limited time .Only a well funded company with a well established business plan could pull this off. Nothing in the Puerto Rican media has been reported at least not in the newspapers by the way have you seen their website- they could have tried to do something more profesional looking.
Chepos


Fly the Flag!!!!
 
Dazed767
Posts: 4967
Joined: Tue May 18, 1999 11:55 am

RE: New Airline For Puerto Rico, Caribbean And The USA

Fri Dec 06, 2002 10:27 am

Are they a part of Iberia now, or no? It says they fly to Madrid....and I hope it's not on a 727 haha.
 
Prinair
Posts: 622
Joined: Thu Dec 02, 1999 7:28 am

RE: New Airline For Puerto Rico, Caribbean And The USA

Fri Dec 06, 2002 10:43 am

Just another paper airline. The fact that they are using Falcon Air aircraft and services would be enough to keep me away!

Just a case of... subete, amarrate y matate!

PRINAIR : Puerto Rico International Airlines
 
elwood64151
Posts: 2410
Joined: Fri Feb 08, 2002 10:22 am

RE: New Airline For Puerto Rico, Caribbean And The USA

Fri Dec 06, 2002 12:11 pm

Don't know what to make of this one. Could be either way. If Falcon Air has the contract to operate the initial routes, then it's possible that they may survive long enough to get their own planes. They're going to need a lot of capital, though.
Those who fail to learn history are doomed to repeat it in summer school.