Transtar Holdings, Inc./LorAir, LTD., Completes Negotiations With Jet Owners RLLP.Business Editors FOUNTAIN VALLEY Fountain Valley, city (1990 pop. 53,691), Orange co., S Calif.; inc. 1957. Chiefly residential, Fountain Valley also has diverse manufactures, including apparel, computer equipment, semiconductors, and medical equipment. A U.S. navy helicopter facility is there. , Calif.--(BUSINESS WIRE)--July 17, 2001 Transtar Holdings, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :TNNS) is a multi-dimensional company in the Telecommunications and Customer Service related industries. The Company recently entered into an equity purchase agreement with supplemental airline, LorAir LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability . Transtar's new LorAir LTD. division of the company has completed negotiations with Jet Owners RLLP RLLP Registered Limited Liability Partnership , whereas, Jet Owners is going to supply the LorAir division several passenger aircraft valuing $25 million, in order for the LorAir division to fulfill ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. pending sub-service transport contracts. Jet Owners RLLP is a Registered Limited Liability Partnership, registered in the state of Colorado, owned and operated by its member partners. The partnership is a business formed to purchase aircraft and all other aircraft related assets necessary to maintain and operate the aircraft, for the purpose of: (1) leasing the aircraft it purchases to airlines and other entities, and (2) selling the aircraft and spares for a profit. Typical aircraft that is purchased and leased by Jet Owners include the Boeing 737 (the best selling airliner of all time), 727 (the first trijet) and MD-80 series (twinjet). Jet Owners only purchases used aircraft subject to Federal Aviation Authority (FAA) regulations that require the aircraft to be kept in new safety condition under current operating standards. SAFE HARBOR Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. : All statements contained herein are governed by the Safe Harbor Act Disclaimer. INFO: Ian Herman, President of The Financial Capital Ltd., and Chief Administrative Partner of Jet Owners RLLP. |
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