MIAMI--(BUSINESS WIRE)--March 30, 2005-- Viva International, Inc. (OTCBB: VIVI) announced today that Eastern Caribbean Air Corporation (EC AIR), its wholly owned subsidiary, has received DOT approval to operate. In February 2005, Viva incorporated EC AIR and subsequently acquired/merged with Cool Tours, Inc. d/b/a San Juan Aviation, a FAR Part 135 Charter Air Carrier in San Juan, Puerto Rico. To further Viva's Puerto Rican operation, EC AIR, after the acquisition date, accelerated the process of filing the appropriate documentation with the DOT for approval to fly under the name EC AIR. The approval from the DOT allows EC AIR to begin operations immediately as Cool Tours, Inc. d/b/a Eastern Caribbean Air using its trade name EC AIR. Pier Bjorklund, a project consultant for Viva stated, "Our primary purpose for acquiring Cool Tours, Inc. was to be able to provide air service for local Puerto Rican demands while obtaining a means of offering operational support to our Dominican operations through Viva Air Dominicana, S.A. The integration process, although an exhaustive effort, is proceeding as planned. We feel that the Puerto Rican market has the potential to be our largest source of passengers for traffic to and from the Dominican Republic as well as for movement throughout the Caribbean. While pleased with the DOT approval allowing charter service under the EC AIR, we will continue our diligent efforts to advance our ability and the value of our licensing and economic rights by continuing our application to seek the ability to offer scheduled charter operations."
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended ("the Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements which are based upon certain assumptions and describe future plans, strategies and expectations, are generally identifiable by the use of words as "believe," "expect," "intend," "anticipate," "project," or other similar expressions. These forward-looking statements relate to, among other things, future performance, and perceived opportunities in the market and statements regarding the Company's mission and vision. The Company's actual results, performance and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. Further information on potential factors that could affect Viva International, Inc. is found in the Company's Form 10-K and other documents filed with the U.S. Securities and Exchange Commission.
KEYWORD: NORTH AMERICA CARIBBEAN FLORIDA UNITED STATES PUERTO RICO INDUSTRY KEYWORD: TRANSPORT AIR TRAVEL TRANSPORTATION SOURCE: Viva International, Inc.
CONTACT INFORMATION: Viva International, Inc. Robert J. Scott, 231-946-4343 or Nubuzz, Inc. Pier S. Bjorklund, 800-454-7912
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Posts: 352 | Registered: Jan 2005
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posted
Thanks for the post striper. I like this stock alot. I bailed too soon on the last run but was in early enough to get the credit for the shares that may IPO later for the filter subsidiary that was sold. Had 37,000 shares at .08....Hmmmm. Wish I would have held 'til it hit .7 but that's tradin'.
Good luck!
Posts: 803 | From: Houston | Registered: Feb 2005
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VIVI -- Viva International, Inc. Com ($0.001)(New)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Viva Nears Completion of Its Own Continuous Airworthiness Maintenance Program
MIAMI, Mar 31, 2005 (BUSINESS WIRE) -- Viva International, Inc. (OTCBB: VIVI) announced today that it has nearly completed its own internal Continuous Airworthiness Maintenance Program (CAMP). A CAMP Program is the set of processes certificate holders (air carrier operators) must use to keep their aircraft in an airworthy condition. The FAA requires operators to establish and maintain two separate, but equal, functions within their CAMP -- one for required maintenance actions and the other for required maintenance inspections. Frequently carriers choose to outsource the CAMP program function.
The CAMP program is a compilation of the individual maintenance and inspection functions utilized by an operator to fulfill its total maintenance needs. Authorization to use CAMP programs is documented by Operations Specifications - Aircraft Maintenance, approved by the Federal Aviation Administration, for each user as provided for by FAR 121.25, 121.45, 127.13 and 135.11. These specifications prescribe the scope of the program, including limitations, and they reference manuals and other technical data as supplements to-these specifications.
Following are the basic elements of CAMP programs:
-- Aircraft Inspection
-- Scheduled Maintenance
-- Unscheduled Maintenance
-- Engine, Propeller, and Appliance Repair and Overhaul
-- Structural Inspection Program Airframe Overhaul
-- Required Inspection Items
-- Maintenance Manuals
"The CAMP program is not only a FAA requirement, but vital to an air carrier's operation to maintain its aircraft and to promote safety," stated Pier S. Bjorklund, special projects consultant to Viva International. "The development of our own CAMP program could generate cost savings in excess of $1 million annually based upon our business plan implementation of a fleet of 10 aircraft. When you consider that we are developing multiple subsidiary operating aviation entities, the total cost savings could magnify exponentially. Further, our Company and its subsidiaries have emphasized safety as one of its primary benchmarks. Certainly, this commitment to the development of our own Camp program is indicative of our highest regard for safety in our operations. The efforts of Rudy Dominguez and staffers in developing the CAMP program have been outstanding and should be applauded. In our opinion, the Company has created a valuable asset that should benefit our various operations for years to come."
Viva spent the past 4 months working with Southwest Aero Structures and other consultants to develop it own internal CAMP program. The CAMP program is anticipated to be completed within the next 2 weeks and will then await final approval by the FAA.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended ("the Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements which are based upon certain assumptions and describe future plans, strategies and expectations, are generally identifiable by the use of words as "believe", "expect", "intend", "anticipate", "project", or other similar expressions. These forward-looking statements relate to, among other things, future performance, and perceived opportunities in the market and statements regarding the Company's mission and vision. The Company's actual results, performance and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. Further information on potential factors that could affect Viva International, Inc. is found in the Company's Form 10-K and other documents filed with the U. S. Securities and Exchange Commission.
SOURCE: Viva International, Inc.
CONTACT: Viva International, Inc. Robert J. Scott, 231-946-4343 or Nubuzz, Inc. Pier S. Bjorklund, 800-454-7912
Copyright Business Wire 2005
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KEYWORD: United States North America Florida INDUSTRY KEYWORD: Transport Air Travel Transportation Manufacturing Aerospace
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posted
jagman925 this is a real company that is going foward as planned the pps. will follow we will be happy that we got in at this level.
Posts: 352 | Registered: Jan 2005
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Viva Subsidiary Obtains Operational Permit Approval from UK Department for Transport Wednesday April 6, 4:24 pm ET
MIAMI--(BUSINESS WIRE)--April 6, 2005--Viva International, Inc. (OTCBB: VIVI - News) announced today that Eastern Caribbean Air Corporation (EC AIR), its wholly owned subsidiary, has obtained a permit granting the Company inter-island flight approval to operate.
Cool Tours, Inc. d/b/a EC AIR was granted a UK territory permit (2005 summer season # IASD1/S2004/63) today from the Department for Transport, London, England providing the authority to operate air charters from points in US territories to points in the British Virgin Island territories including Anguilla and Turks and Caicos.
According to the www.dft.gov.uk website, "the Department for Transport's objective is to oversee the delivery of a reliable, safe and secure transport system that responds efficiently to the needs of individuals and business whilst safeguarding our environment. Aviation is a major UK industry, carrying over 180 million passengers a year and over 2.1 million tons of freight. Demand for air travel is growing. The Government's aim is to develop a long-term framework that will maximize the beneficial aspects of aviation and minimize the negative ones."
Pier Bjorklund, a project consultant for Viva, stated, "This permit authorizes us to conduct flights in UK territory islands that have demonstrated demand for travel services but yet do not have an overabundant number of carriers competing for this business. Obviously, we are delighted to be granted this authority and will certainly look to establish ourselves as a principal carrier to these properties. The correlation to our existing route plan structure that this opportunity presents is excellent."
As recently announced, EC AIR, VIVA's Puerto Rican subsidiary aviation operation, received approval from the Department of Transportation (DOT) to operate immediately as Cool Tours, Inc. d/b/a Eastern Caribbean Air using its trade name EC AIR.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended ("the Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements which are based upon certain assumptions and describe future plans, strategies and expectations, are generally identifiable by the use of words as "believe", "expect", "intend", "anticipate", "project", or other similar expressions. These forward-looking statements relate to, among other things, future performance, and perceived opportunities in the market and statements regarding the Company's mission and vision. The Company's actual results, performance and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. Further information on potential factors that could affect Viva International, Inc. is found in the Company's Form 10-K and other documents filed with the U. S. Securities and Exchange Commission. Contact:
Nubuzz, Inc. Pier S. Bjorklund, 800-454-7912
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