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PanAm-VA 1st. Qtr Press Release (Read 329 times)
Apr 1st, 2010 at 1:07pm

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[url="http://www.panam-va.com"]PanAm-VA[/url] released the following Press Release today:

PanAm-VA’s has reported to their shareholders a 1st. Quarter net earning of more than $162 Million Dollars. PanAm-VA also reported they have $1.1 Billon Dollars in Virtual Cash, and a market value of $5.1 Billion Dollars.

We have completed 251 flights and logged 742 hours during the 1st. Quarter of 2010.

PanAm-VA CFO, Jochen Herlitz stated, “Our 1st. Quarter earnings are right in-line with what we expected”. Herlitz also stated that PanAm-VA has begun purchasing some of the aircraft that they currently lease.

PanAm-VA also released that they are working on a CodeShare Agreement with DirectAir-Virtual, and that the two airlines are expected to come to an agreement by the end of April.

CEO, Martin Kellenbarger stated, "We would also like to Welcome to our Staff, Ed Halligan JKF Hub Manager, and Gus Heinze, MIA Hub Manager".

*PanAm-VA operates 650 daily non-stop flights to destinations across the world. PanAm-VA [url="http://www.panam-va.com/fleet1.html"]fleet[/url] consits ofB707, B738, B744, B777, A319, and A340. More types of aircraft are expected by the end of the 2nd Quarter. PanAm-VA also opeartes an Air Cargo Deleivery Division that consists of B707, B747, and a Lockheed C-5 Galaxy.

Become Part of the Legend,[url="http://www.panam-va.com/join.html"]Join PanAm-VA[/url] Today!
« Last Edit: Apr 2nd, 2010 at 5:20am by ozzy72 »  
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Reply #1 - Apr 2nd, 2010 at 5:20am

ozzy72   Offline
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