Breaking news from MetroAir!

Romulus, MI - July 14, 2006: In a follow-up from an earlier statement, MetroAir Virtual Airlines today released details of its widebody aircraft acquisition. Currently in Mohave, CA, the five former Air Canada Boeing 767-200s will be purchased outright by the Romulus-based carrier. The following is an excerpt from the contract signed by both parties:

Operating scheduled passenger service for a little under a year and a half, the addition of these widebody airframes mark a significant milestone for the carrier which is now able to effectively serve the west coast and beyond. Reportedly offering a sum of $7.5 million USD initially, the two airlines came to terms at a final sum of $8.75 M. Acquisition of these aircraft coincides with the airline's decision to sublease its sole Boeing 737-500 aircraft to Keystone Airways of Philadelphia. Explains Fleet Director Tom Collins, "we've opted to make a dramatic change in our growth strategy in favor of a higher-capacity, longer-range route structure." Keystone intends to take delivery of the 737 jet later this evening in a welcoming ceremony at Philadelphia International Airport.Despite the departure of the 737-500 from MetroAir's fleet, the carrier continues to serve a solid national and regional route network which will be enhanced by the new twin-aisle 767s. MetroAir CEO Mark McCoy described the acquisition as "a new and very rare opportunity