Boston, MA - vFly America Corporation owner and Chairman Joseph Shaw announced today the official start of Fly America Virtual Airways as a brand of Fly America Corporation. Shaw had this to say, "I am happy to announce the founding of a new virtual airline owned by my holdings company. This virtual airline will be funded by $1.2 billion which has come from my own private wealth as well as the sale of the fleet of a previous failed venture. This amount of funding will make Fly America Virtual Airways the most well funded startup airline in history. This has allowed us the opportunity to begin with a strong fleet as well as route structure." The following information was provided in the press release:Startup Capital: $1.2 billionStartup fleet:16 Boeing 717-200HGW obtained at a cost of $54.4 million8 Mcdonnell/Douglas MD-81 obtained at a cost of $16.8 million24 Mcdonnell/Douglas MD-82 obtained at a cost of $54.708 million13 Mcdonnell/Douglas MD-83 obtained at a cost of $47.385 million25 Mcdonnell/Douglas MD-87 obtained at a cost of $61.5 million20 Boeing 767-300ER obtained at a cost of $243 million14 Boeing 767-400ER obtained at a cost of $242.8 million6 Boeing 777-200ER obtained at a cost of $917.8 million4 Boeing 777-200LR obtained at a cost of $730.0 million10 Boeing 747-400 obtained at a cost of $370.0 millionTotal Fleet size: 140 (all used aircraft)Total Fleet Cost: $2.5036 billionTotal Paid on Fleet: $259.793 millionMore details about the aircraft and livery will be coming. Fly America Corporation has also building a new HQ building at a cost of $1 billion, $300 million of which will come from the Fly America Virtual Airways funding as Fly America Virtual Airways HQ will be housed in the new building, which will be a 55 story tower located in downtown Boston. More information will be coming in the next few months. Please see below for an estimated timeline for the startup:March 1: Begin receiving aircraft and repainting/reconfiguring themApril 1: Some aircraft are ready for serviceApril 9: Target first flight date (subject to change)Comments are welcome and will be addressed by management as quickly as possible. Thank you.

Got a website?Are you using some kind of economic system, or just your own accounting?What are you using for flight reporting/ACARS?Good luck,Dave

Wanna lend a pal a cool $60m? I need 2 new ERJ-170's.....

brownshoe, we are currently working on creating a demo site for all to view before we get set up on a permanent high quality host. We will be using phpvms as our managment system due to its ability to be heavily modified and customized. As for ACARS we are still debating between the many options available and will make an announcement when we have decided. Our CEO also called a press conference yesterday to provide some more information:Boston, MA - CEO Joseph Shaw held a press conference yesterday providing some new information. "It has come to the attention of the board of Fly America Corporation that we may have had our eyes set on too big of a startup operation. It therefore has been decided to cancel our purchase of all aircraft that had been previously stated. The board will take a look at instead using Boeing 737 or Airbus A320 aircraft which are more efficient. I would also like to announce that Fly America Virtual Airways will be targeting the low cost vacation and pleasure market as well as business market by operating domestic flights to popular vacation destinations, as well as international flights. We are dedicated to starting with a relatively small route network that utilises routes underserved by other airlines. I will release more information in the coming weeks on our fleet decisions as well as route information. The board has also decided that due to the current state of the economy it is not wise to pump $1.2 billion into a startup airline. Although we have not decided on an exact amount of capital, it will be less than the originally stated number."

I do have one suggesting, your logo has 12 stars, with the obvious connection to the number 13 in many elements of our national seal and flag, maybe add one more star to the logo?

PM'd you.