NE Bolivia press release
New website, management and clearly no longer involved with Viva- for their benefit, I am sure.
TRISTAR CAPITAL (Nevada) LLC purchases 35%, finances and leases Lockheed L1011 Tristar 300 Passenger Aircraft to NORTHEAST BOLIVIAN AIRLINES SA ("NEBA") commencing charter flights from Latin America to the Caribbean and other points by October 1st.
NORTHEAST BOLIVIAN AIRLINES SA ("NEBA") is a Bolivian Charter Airline that will soon to take off from Cochabamba, Bolivia to provide charter services to other airlines, tour operators, cruise lines, sports teams, UN or military troop transportation and quite possibly VIP, head of state or music tours and similar productions. NEBA has taken delivery of its first of (3) Lockheed L1011 Tristar wide-body aircraft with 300 seats in a two (2) class configuration for worldwide charters, sub-service contracts, VIP flights and wet-lease programs leased from and financed by TRISTAR CAPITAL (Nevada) LLC of Carson City, Nevada USA. Bolivia was chosen as a viable investment target due to its political stabilization, the fact that Bolivia is an FAA Categroy 1 Country with very stringent certifcation and safety standards and in part due to low labor and facilites cost structure, due to high number of high quality well trained and experienced airline management, techncial personnel and flight crews. In addition Bolivia has a stratigic location in the center of South America that make it feasable to pick up charter or wet-lease programs from airlines and tour operators neighboring MERCOSUR countries.
FOR IMMEDIATE RELEASE:
COCHABAMBA, BOLIVIA (PRWEB)4 Sep 2003
TRISTAR CAPITAL (Nevada) LLC as owner/lessor and The Flightstar Group, Inc. of Florida as aircraft manager are pleased to confirm it has funded and delivered its first of three Lockheed L1011 passenger aircraft to NEBA or NORTHEAST BOLVIAN AIRLINES SA (NEBA) f/k/a Northeast Bolivian Airways Ltda.
Mr. John Poindexter, the managing member of Tristar Capital LLC and a Director-Board Member of NEBA confirms the first fully refurbished and custom painted Lockheed L1011-50 Tristar aircraft powered by ROLLS ROYCE RB211 engines is Stage 3 noise compliant as well as CAT 3 auto-land certified. The L1011-50 aircraft, formerly operated by TWA and refurbished by Hamilton Aerospace Technologies was delivered by TRISTAR CAPITAL LLC and flown non-stop 8.5 hours from Tucson, Arizona to Cochabamba, Bolivia arriving on the evening of July 12th.
Our L1011 aircraft is undergoing Bolivian DGAC (CAA) certification, reregistration to Bolivia, inspections and is being used for NEBA flight attendant and techical crew training.
TRISTAR CAPITAL (Nevada) LLC has completed the acquistion and purchase of 35% of Northeast Bolivian Airlines, SA and will sit on the board of directors. Tristar Captial LLC is also providing NEBA with an interim line of credit for tooling, equipment and working capital sufficent to take care of crew training, airline recertification and upgrading of the airline from a smaller 33 year old family owned airline operator to a truely ?World Class Wide Body Charter Operation".
Northeast Bolivian Airlines SA currently has about 25 employees (about 50 full time employees are planned in the next quarter). There are 4 L1011 technical and airline business planning consultants on board or under contract from TRISTAR CAPITAL LLC that are working diligently to recertify the airline by October 1st, 2003.
Northeast Bolivian Airlines SA (NEBA) is planning to add 2 more Lockheed L1011?s in an identical configuration of 300 seats (28 business class and 272 economy) within the next 3 to 6 months. In addition NEBA is negotiating with a major European aircraft lessor for 3 Dornier 328 new generation 32 passenger regional aircraft to work as an EXPRESS affiliate of an established Bolivian airline.
In addition NEBA has entered into a letter of intent to acquire 2 Boeing 727-100C Cargo Stage III aircraft from FLIGHTSTAR CAPITAL (Nevada) LLC for startup of regional and intra South America cargo opertions or even hauling its own freight from Paraguay, Ecuador and Bolivia.
Northeast Bolivian Airlines SA and TRISTAR CAPITAL LLC may be seeking additional expansion capital or access to credit facilites or lease-financing of newer generation jet aircraft after it is fully operational, fully recertified and flying on contracts.
NEBA or NORTHEAST BOLIVIAN AIRLINES SA has a website with photos and information that is up and running.
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New website, management and clearly no longer involved with Viva- for their benefit, I am sure.
TRISTAR CAPITAL (Nevada) LLC purchases 35%, finances and leases Lockheed L1011 Tristar 300 Passenger Aircraft to NORTHEAST BOLIVIAN AIRLINES SA ("NEBA") commencing charter flights from Latin America to the Caribbean and other points by October 1st.
NORTHEAST BOLIVIAN AIRLINES SA ("NEBA") is a Bolivian Charter Airline that will soon to take off from Cochabamba, Bolivia to provide charter services to other airlines, tour operators, cruise lines, sports teams, UN or military troop transportation and quite possibly VIP, head of state or music tours and similar productions. NEBA has taken delivery of its first of (3) Lockheed L1011 Tristar wide-body aircraft with 300 seats in a two (2) class configuration for worldwide charters, sub-service contracts, VIP flights and wet-lease programs leased from and financed by TRISTAR CAPITAL (Nevada) LLC of Carson City, Nevada USA. Bolivia was chosen as a viable investment target due to its political stabilization, the fact that Bolivia is an FAA Categroy 1 Country with very stringent certifcation and safety standards and in part due to low labor and facilites cost structure, due to high number of high quality well trained and experienced airline management, techncial personnel and flight crews. In addition Bolivia has a stratigic location in the center of South America that make it feasable to pick up charter or wet-lease programs from airlines and tour operators neighboring MERCOSUR countries.
FOR IMMEDIATE RELEASE:
COCHABAMBA, BOLIVIA (PRWEB)4 Sep 2003
TRISTAR CAPITAL (Nevada) LLC as owner/lessor and The Flightstar Group, Inc. of Florida as aircraft manager are pleased to confirm it has funded and delivered its first of three Lockheed L1011 passenger aircraft to NEBA or NORTHEAST BOLVIAN AIRLINES SA (NEBA) f/k/a Northeast Bolivian Airways Ltda.
Mr. John Poindexter, the managing member of Tristar Capital LLC and a Director-Board Member of NEBA confirms the first fully refurbished and custom painted Lockheed L1011-50 Tristar aircraft powered by ROLLS ROYCE RB211 engines is Stage 3 noise compliant as well as CAT 3 auto-land certified. The L1011-50 aircraft, formerly operated by TWA and refurbished by Hamilton Aerospace Technologies was delivered by TRISTAR CAPITAL LLC and flown non-stop 8.5 hours from Tucson, Arizona to Cochabamba, Bolivia arriving on the evening of July 12th.
Our L1011 aircraft is undergoing Bolivian DGAC (CAA) certification, reregistration to Bolivia, inspections and is being used for NEBA flight attendant and techical crew training.
TRISTAR CAPITAL (Nevada) LLC has completed the acquistion and purchase of 35% of Northeast Bolivian Airlines, SA and will sit on the board of directors. Tristar Captial LLC is also providing NEBA with an interim line of credit for tooling, equipment and working capital sufficent to take care of crew training, airline recertification and upgrading of the airline from a smaller 33 year old family owned airline operator to a truely ?World Class Wide Body Charter Operation".
Northeast Bolivian Airlines SA currently has about 25 employees (about 50 full time employees are planned in the next quarter). There are 4 L1011 technical and airline business planning consultants on board or under contract from TRISTAR CAPITAL LLC that are working diligently to recertify the airline by October 1st, 2003.
Northeast Bolivian Airlines SA (NEBA) is planning to add 2 more Lockheed L1011?s in an identical configuration of 300 seats (28 business class and 272 economy) within the next 3 to 6 months. In addition NEBA is negotiating with a major European aircraft lessor for 3 Dornier 328 new generation 32 passenger regional aircraft to work as an EXPRESS affiliate of an established Bolivian airline.
In addition NEBA has entered into a letter of intent to acquire 2 Boeing 727-100C Cargo Stage III aircraft from FLIGHTSTAR CAPITAL (Nevada) LLC for startup of regional and intra South America cargo opertions or even hauling its own freight from Paraguay, Ecuador and Bolivia.
Northeast Bolivian Airlines SA and TRISTAR CAPITAL LLC may be seeking additional expansion capital or access to credit facilites or lease-financing of newer generation jet aircraft after it is fully operational, fully recertified and flying on contracts.
NEBA or NORTHEAST BOLIVIAN AIRLINES SA has a website with photos and information that is up and running.
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