Viva Subsidiary Obtains Operational Permit Approval from UK Department for Transport.MIAMI Miami, cities, United States Miami (mīăm`ē, –ə). 1 City (1990 pop. 358,548), seat of Dade co., SE Fla., on Biscayne Bay at the mouth of the Miami River; inc. 1896. -- Viva International, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : VIVI VIVI Viestintävirasto (Ficora, Finnish Communications Regulatory Authority; Helsinki) ) announced today that Eastern Caribbean Air Corporation (EC AIR), its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , 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 # IASD IASD Indiana Area School District (Pennsylvania) IASD International Academy for Sports Dentistry IASD ion-assisted sputter deposition 1/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 according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. 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 o·ver·a·bun·dance n. A going or being beyond what is needed, desired, or appropriate; an excess: teenagers with an overabundance of energy. 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 Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and other documents filed with the U. S. Securities and Exchange Commission. |
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