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ICBS LTD (U-ICBM) - News Release Northern Lights International Airlines Ltd. A Joint Venture of ICBS Limited (50% Owned) Opens Negotiations for Their First Overseas Routes
2007-04-10 09:48 ET - News Release
NEW YORK, NY, April 10 /PRNewswire-FirstCall/ - Northern Lights International Airlines Ltd. a start up charter airline 50% owned by ICBS Limited (PINKSHEETS: ICBM), today announced that they have opened negotiations for its initial overseas routes with a high level government official, for both passenger and freight service to and from his country. Flights will originate from Montreal, Toronto . The passenger and freight revenue from this negotiation could lead to over $40 million dollars in revenue to Northern Lights International Airline Ltd. The company is expected to extend this service from New York within a few months after the initial routes are established.
"We want to be a charter airline company that serves the most desirable tourism markets in the world," said company President & CEO Garth McIntosh, speaking from corporate headquarters in Montreal Monday. McIntosh also stated "the airline plans to
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