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非 凡 航 空 與 Air Charter International 合 作 向 日 本 市 場 推 介 澳 門
(2006 年 7 月 2 5 日 於 澳 門)

(2006 年 7 月 2 5 日 於 澳 門) – 非 凡 航 空 - 一 間 為 澳 門 和 珠 江 三 角 洲 提 供 廉 價 航 空 服 務 的 國 際 性 航 空 公 司 – 很 高 興 宣 佈 與 Air Charter International Co Ltd 達 成 合 作 協 議 , 以 該 公 司 作 為 非 凡 航 空 在 日 本 的 銷 售 代 理,向 日 本 市 場 推 介 澳 門 作 為 理 想 的 旅 遊 目 的 地 和 空 運 中 心。

Air Charter International (ACI) 的 總 部 設 於 東 京,是 Air Partner PLC 集 團 的 成 員 之 一。 Air Partner PLC 為 國 際 上 具 有 領 導 地 位, 提 供 旅 遊 或 商 務 包 機 服 務 的 集 團,其 成 遍 佈 世 界 四 大 洲 的 十 三 個 國 家 之 多。

非 凡 航 空 主 席 顏 延 齡 先 生 表 示:“ACI 在 日 本 有 強 大 的 網 絡 , 是 公 認 推 銷 包 機 的 專 家,擅 於 為 日 本 的 旅 遊 業 單 位 設 計 最 合 適 的 旅 遊 產 品 以 開 拓 國 際 的 市 場。 這 正 是 我 們 選 擇 與 A C I 合 作 協 助 我 們 發 展 日 本 市 場 的 原 因。”

顏 先 生 續 稱:“能 夠 和 ACI 合 作, 我 們 感 到 十 分 高 興。 我 們 視 日 本 為 促 進 澳 門 旅 遊 業 發 展 的 一 個 重 要 市 場。 相 信 這 次 合 作 可 以 令 非 凡 航 空 成 功 打 開 日 本 市 場, 令 當 地 消 費 者 認 識 到 非 凡 航 空 這 個 卓 越 的 品 牌 和 其 產 品。”

ACI 主 席 Mr Yoshihiro Obayashi 表 示:“澳 門 現 時 是 日 本 旅 遊 市 場 上 的 熱 點 目 的 地,ACI 正 熱 切 期 待 非 凡 航 空 可 以 盡 快 開 航。”

Mr Obayashi 補 充:“ACI 今 次 被 非 凡 航 空 選 為 在 日 本 的 包 機 服 務 代 理, 我 們 感 到 十 分 榮 倖 。 在 日 本 的 旅 遊 業 界, 我 們 和 一 些 較 大 規 模 的 旅 行 社 有 長 達 超 過 3 5 年 的 合 作 關 係, 我 們 將 會 聯 同 這 些 旅 行 社 為 非 凡 航 空 開 展 一 系 列 澳 門 飛 往 日 本 多 個 城 市 的 包 機 服 務。”

這 次 非 凡 航 空 和 ACI 的 合 作, 標 誌 著 聯 結 澳 門 和 日 本 之 間 的 旅 遊 業、 航 空 業 發 展 的 重 要 一 步。 有 助 於 本 澳 旅 遊 業 多 元 化 發 展 和 進 一 步 擴 闊 澳 門 旅 客 的 客 源。

顏 先 生 稱:“對 於 澳 門 的 休 閒、 娛 樂 和 商 務 旅 遊 等 產 業 的 發 展 來 說, 日 本 的 客 源 市 場 將 會 日 益 重 要, 特 別 對 於 那 些 在 未 來 數 月 將 在 澳 門 落 成 的 一 些 世 界 級 的 大 型 渡 假、 會 展 中 心, 需 求 尤 其 顯 著。”

“我 預 期 這 次 跟 ACI 的 合 作, 將 會 令 本 澳 各 界 得 益 。 非 凡 航 空 將 會 以 包 機 的 形 式, 和 亞 洲 的 其 他 航 空 公 司 共 同 努 力, 建 立 起 澳 門 與 日 本 相 互 間 穩 健 的 客 源 市 場。” 顏 先 生 續 稱。

非 凡 航 空 樂 於 看 到 澳 門 和 日 本 雙 方 的 民 航 管 理 機 關, 為 未 來 建 立 起 亙 利、 穩 建、 開 放 的 航 空 服 務 協 定 一 直 所 作 出 的 努 力。

顏 先 生 表 示:“日 本 的 市 場 對 澳 門 的 旅 遊 業 發 展 十 分 重 要。 我 們 希 望 透 過 雙 方 共 識 的 一 套 航 協, 為 兩 地 的 航 空 公 司 提 供 合 理、 公 平 的 競 爭 條 件, 建 立 起 聯 繫 兩 地 的 穩 定 的 航 空 服 務, 消 費 者 從 而 亦 可 獲 得 較 具 競 爭 力 的 價 格 而 得 益。”

日 本 人 的 出 外 旅 遊 比 率 很 高, 被 譽 為 世 界 上 最 活 躍 的 旅 客。 現 時 來 自 日 本 的 旅 客 數 目 佔 澳 門 總 外 來 遊 客 數 的 比 率 少 於 1%, 主 要 是 由 於 澳 門 和 日 本 之 間 沒 有 直 接 的 航 班 往 來。

非 凡 航 空 (www.flyvivamacau.com) 為 一 間 以 澳 門 為 基 地 , 致 力 於 服 務 澳 門 和 珠 江 三 角 洲 的 新 的 國 際 性 的 廉 價 航 空 公 司。 非 凡 航 空 將 會 以 波 音 7 6 7 寬 體 客 機, 於 今 年 內 開 展 覆 蓋 亞 太、 中 東 等 多 個 嶄 新 、 刺 激 的 目 的 地 的 航 線。

Air Charter International (www.aircharter.co.jp) (ACI) 的 總 部 設 於 東 京, 是 Air Partner PLC 的 成 員 之 一。 Air Partner PLC 為 國 際 上 具 有 領 導 地 位 的, 提 供 旅 遊 或 商 務 包 機 服 務 的 集 團, 其 成 員 遍 佈 世 界 四 大 洲 的 十 三 個 國 家 之 多。

如 有 任 何 查 詢, 請 聯 絡::

Filipa Caeiros
+853 718 882
Filipa.caeiros@flyvivamacau.com

Joseph Lo (羅先生)
+853 718 882
Joseph.lo@flyvivamacau.com


VIVA Macau chooses InteliSys as Reservation System Provider
(News Release, May 29, 2006)

SHEDIAC, New Brunswick, May 29, 2006 - InteliSys Aviation Systems of America Inc. (OTCBB:IYSA) announced today that it has entered into a multi-year agreement with VIVA Macau, Macau's first Low Cost Airline.

Under the terms of the agreement, InteliSys will provide VIVA Macau with its hosted passenger management and reservation system which it markets under the trade name "amelia." The agreement will see InteliSys deliver its amelia RES module, supported by several companion modules.

VIVA Macau chief executive officer Andrew Pyne stated: "The selection of a reservation and distribution system provider is a critical decision for any airline. We chose InteliSys for their ability and willingness to adapt their systems to the markets we intend to serve."

Commenting on the new partnership, InteliSys President and CEO Ralph Eisenschmid said, "Being selected by the VIVA Macau team is extremely important to InteliSys. Our extensive research into the Asian travel industry allowed us to make several key enhancements to the amelia system, adapting it to this unique market. This collaborative effort with VIVA Macau has resulted in the amelia RES system supporting business processes unique to Chinese and Asian markets, and has further differentiated InteliSys from its competitors. We expect other carriers to follow in VIVA Macau's steps now that the amelia system can be referenced as a solution tailored specifically to this rapidly expanding market."

Eisenschmid continued, "Industry experts continue to predict tremendous growth in the airline sector in China and the surrounding areas. The Chinese government has commitment to invest heavily in aviation and airports. We are pleased to be associated with the early adopters and visionary airlines."

InteliSys management estimates the agreement with VIVA Macau will contribute to the company's revenues for 2006 by 8% to 10% during the last 6 months of the 2006 fiscal / calendar year.

VIVA Macau, the first low cost airline in Macau, will begin its Boeing 767 operations later this summer with services between Macau and destinations in Asia.

"amelia" is InteliSys' proprietary, integrated suite of airline management tools designed specifically for the rapidly growing Low Fare Airline market. The "amelia" solution is delivered over the internet from InteliSys data centres.

For more information about InteliSys, please visit www.intelisys.aero. For more information about VIVA Macau, please visit www.flyvivamacau.com.

Certain statements made in this Press Release are "forward-looking statements." Without limiting the generality of the foregoing, such information can be identified by the use of forward-looking terminology such as "anticipate," "will," "would," "expect," "intend," "plans to," or "believes," or other variations thereon, or comparable terminology. Actual results, performance or developments may differ materially from those expressed or implied by such forward-looking statements as a result of market uncertainties or industry factors. InteliSys disclaims any obligations or responsibility to update any such forward-looking statements.


VIVA Macau Commits to Wide-Body Boeing Aircraft for Inaugural Fleet
(News Release, May 19, 2006)

(Macau May 19, 2006) - VIVA Macau - the international low-fare airline of choice for Macau and the Pearl River Delta - is delighted to announce today a deal for two wide-body Boeing 767 aircraft to join the airline from Summer 2006.

Those two aircraft - one Boeing 767-300, and one Boeing 767-200ER, capable of flying to points up to 12 hours from Macau - will form the backbone of VIVA Macau's launch fleet as it inaugurate services to points in the Asia-Pacific region, the Middle East and beyond, from its home base at Macau International Airport.

According to VIVA Macau President Ngan In Leng: "The commitment to lease these Boeing 767 aircraft mark an exciting and significant milestone in the development of Macau's new international airline, VIVA Macau, and in the development of Macau as a significant aviation hub."

"VIVA Macau will be the sole operator of wide-body passenger aircraft capable of flying to a large range of exciting, new international destinations from our home base at Macau International Airport. This demonstrates our confidence in the long-term future of Macau as Asia's most dynamic destination for conventions, leisure and entertainment. We are excited to be well-placed to connect Macau and the Pearl River Delta to the world," Mr Ngan continued.

Looking forward, Mr Ngan stated: "We have made a firm commitment to the Macau community: VIVA Macau will be a key partner in driving Macau's tourism growth over the coming years. Our task now is to build a strong and profitable network of air services to and from Macau."

The Boeing 767 aircraft have been acquired through operating leases with AWAS, one of the world's leading aircraft leasing and trading companies.

The two aircraft will be delivered to Macau International Airport in June/July 2006 - painted in VIVA Macau's exciting new livery - to allow for the Civil Aviation Authority of Macau's issuance of an Air Operator Certificate (AOC) for VIVA Macau and official clearance to begin commercial operations later this summer.

 

VIVA Macau Completes Subconcession Arrangement Ahead of Summer Launch
(News Release, February 28, 2006)

(Macau February 28, 2006) -- VIVA Macau - the international low fare airline of choice for Macau and the Pearl River Delta - is delighted to announce the formal completion of a Subconcession Arrangement, clearing the way for the new Macau airline's launch of operations this summer.

VIVA Macau President Mr Ngan In Leng said: "I am delighted to announce that VIVA Macau has successfully completed our Subconcession Arrangement. Now we can begin the important task of building a strong network of international air services to and from our home base at Macau International Airport."

The Subconcession Arrangement was completed after nearly eight months of commercial discussions between VIVA Macau and Air Macau, which holds a Master Concession for airline operations in Macau.

The completion of the Subconcession Arrangement allows VIVA Macau to proceed with plans to begin operations this summer, subject to technical approval by the Macau Civil Aviation Authority.

While the terms of the Subconcession are confidential, Mr Ngan said VIVA Macau was generally pleased with the outcome of the discussions and would continue to work closely with Air Macau in a spirit of cooperation.

"We look forward to working closely with Air Macau and the Macau community in helping develop our home as a leading city for conventions, leisure and entertainment and as a low-cost air transport hub for Southern China," Mr Ngan said.

"Macau is an increasingly popular travel destination and we are making a firm commitment: VIVA Macau will be a key partner in driving our city's tourism growth over the coming years. We are excited to connect Macau and the Pearl River Delta to the world," Mr Ngan continued.

VIVA Macau will inaugurate services to an international network of cities across Asia, the Middle East and Europe, with a fleet of modern wide-bodied aircraft.

The announcement of a range of exciting new destinations will be made in the coming weeks.

 

VIVA Macau unveils new brand and logo ahead of Summer 2006 launch
(News Release, 9 December 2005)

(Macau December 9, 2005) -- VIVA Macau – the new international low fare airline of choice for Macau and the Pearl River Delta – today unveiled its distinctive brand and logo at a launch celebration attended by over 200 guests from Macau's tourism and aviation sectors, the government and media.

The VIVA Macau brand captures the excitement of the airline and Macau.  In the logo, the words “VIVA” and “Macau” are crafted in a flowing script that invokes Macau's rich cultural heritage combining the best of East and West.

Speaking at the brand launch, VIVA Macau President Mr Ngan In Leng said: "We are making a firm commitment to building a strong network of international air services to and from Macau; this is at the very centre of our business philosophy for supporting Macau's development as a leading city for conventions, leisure and entertainment."

VIVA Macau will begin operations in Summer 2006 with a fleet of modern wide-body aircraft, inaugurating services to a network of regional and long haul cities across Asia, the Middle East and Europe.

The brand launch is the first of a series of events VIVA Macau is organizing as the airline prepares for the launch of its inaugural services.

Mr Ngan said: "We are developing VIVA Macau as the pioneer for a new brand of low cost, low fare airline; we will fly further to more destinations.  VIVA Macau is a new breed of airline for Macau."

"Bringing together the highest standards of professionalism, service, quality and business innovation, we will create Asia's most dynamic and best value-for-money airline," Mr Ngan added.

Mr Ngan said "Macau is also becoming an increasingly important gateway to Southern China, and we will support Macau International Airport’s development as one of Asia's fastest growing air transport hubs".

Chief Executive Andrew Pyne underlined the new airline’s commitment to Macau and the Pearl River Delta: " We are excited to connect Macau and the Pearl River Delta to the world.  Macau is an increasingly popular travel destination and VIVA Macau will be a key player in driving the city's tourism growth over the coming years," Mr Pyne said.

VIVA Macau has received tremendous backing from across the Macau community, and Mr Ngan extended his thanks to VIVA Macau's many supporters in the tourism and aviation sectors, the government and media.

"I would like to express our thanks to everyone who has helped us move this project forward, especially the Macau Civil Aviation Department, the Macau Government Tourist Office, the Macau International Airport Company, and the General Administration of Civil Aviation of China," said Mr Ngan.

"We are grateful for the warm welcome that the Macau community has given us and we pledge to do our utmost to help further Macau's economic development," added Mr Pyne.

A date for the launch of services and the exciting range of new destinations will be announced once the Macau Government approves and ratifies VIVA Macau's sub-concession arrangement.

 

VIVA Macau Welcomes Richard Shuyler Onboard

(Macau March 17, 2006) – VIVA Macau – the new international airline of choice for Macau and the Pearl River Delta – today announced the appointment of Richard Shuyler, a 30-year airline industry veteran, to the position of Chief Operating Officer.

Mr. Shuyler brings to the VIVA Macau family an experienced and lengthy background in airline operations and financial management. He has held senior management and finance positions with several major US carriers, including TWA and Continental Airlines, serving as Chief Financial Officer for both of those airlines.  In addition, he was a founding principal and former Chief Executive Officer of Atlas Air, helping to build that cargo carrier from a start-up operation into one of the world's largest cargo airlines.  More recently, he was involved in the restructuring of United Airlines in the US, and subsequently took on the position of Senior Consultant with GCW Consulting, a major international aviation consultancy firm. 

Andrew Pyne, Chief Executive Officer of Viva Macau, said: “Rick’s appointment marks a significant step in the development of VIVA Macau.  His expertise in all aspects of airline operations and finance, and particularly his substantial experience in start-up activities, will be an important part of VIVA Macau’s story going forward.”

Mr Shuyler stated: "I look forward to this exciting opportunity to play a role in helping to successfully launch the operations of VIVA Macau."

 

VIVA Macau Participates at ITB Berlin 2006
Embargoed until Wednesday March 8, 2006

(Macau March 8, 2006) – VIVA Macau – the new international airline of choice for Macau and the Pearl River Delta – will participate in the 40th International Tourism Exchange (ITB) trade fair from March 8 to 12 in Berlin.

VIVA Macau Chief Executive Andrew Pyne said: "ITB Berlin is one of the most prestigious annual events for the travel industry and VIVA Macau's participation will provide us with a valuable exchange of ideas as we complete our preparations for a summer launch of operations."

ITB Berlin 2006, one of the world's largest travel and tourism trade fairs, is expected to attract as many as 140,000 visitors from around the world.

VIVA Macau will participate in ITB Berlin under the umbrella of the Macau Government Tourist Office (MGTO), which is operating a booth at the fair to highlight Macau's increasing attractiveness as a world-class city for conventions, tourism and entertainment.

 

Budget Carrier Viva Macau Plans $1B Jet Outlay
Joyce Li, DOW JONES NEWSWIRES, 15 December 2005, 05:58

HONG KONG (Dow Jones)--Budget airline Viva Macau plans to buy 12 aircraft valued at US$1 billion, though will initially operate leased planes as it prepares to launch its first flight from the booming gaming enclave of Macau in the middle of next year, says the company's chief executive, Andrew Pyne.

The startup is choosing between buying Boeing Co. (BA) 787s planes or Airbus (ABI.YY) A350-800s, and will announce its final decision as early as next month, he said.

"Macau's expansion as a destination will be quite aggressive," Pyne told Dow Jones Newswires on Thursday. "We have to build our market presence very, very quickly."

Tourists have been flooding into Macau, a special administrative region of China, since the local government liberalized the gaming industry in late 2002, ending tycoon Stanley Ho's decades-long monopoly of the sector.

Visitor numbers are expected to rise still faster as several grandiose casino projects start operations from 2007 on Macau's Cotai strip, an area of reclaimed land that is destined to be the city's Las Vegas Strip.

Between January and October this year, 872,200 visitors arrived in the city by air, already exceeding the 861,800 visitors who flew into the former Portuguese enclave last year.

And in five years' time, Pyne estimates five million passengers will use the city's airport annually. Viva Macau hopes to control 25% of the local air-passenger market by then, he said. Pyne also said cargo is an indispensable part of an Asian airline's operations and may eventually represent about 20% of the company's revenue.

The purchase of either Boeing 787s or Airbus A350s is Viva Macau's longer term plan for its fleet, as the Boeing planes wouldn't be delivered until 2010, while the Airbus planes would take still longer, Pyne said.

To begin with, Viva Macau will lease either Airbus A330-200s or Boeing 767s, before expanding its fleet to 12-15 planes by 2010, he said. It will also wet-lease aircraft (where one company leases an aircraft and at least one pilot from another company) from other airlines in the region.

Viva Macau hopes to break even in the first or second year of its operation, Pyne said.

He said the company hopes to serve medium- to long-haul destinations in Southeast Asia, the Middle East, Europe and Australasia. While Pyne refused to disclose which cities Viva Macau intends to serve, he didn't rule out London or Honolulu.

But Viva Macau won't fly to China, partly to avoid direct competition with Air Macau, another budget airline that is jointly run by Shun Tak Holdings Ltd. (0242.HK) and China National Aviation Co. (1110.HK). Air Macau will soon operate short- to medium-haul routes to mainland China and Southeast Asia.

"We are not contemplating any services to China or Taiwan," Pyne said.

Budget airlines, which have been popular in Europe and North America for several years, have only recently begun to emerge in Asia. Recent startups in the region include Singapore-based Tiger Airways and Valuair, and Malaysia's AirAsia Bhd. (5099.KU).

Most low-cost carriers offer cheaper fares than traditional airlines because they sell their seats online without going through travel agents. Free drinks or meals aren't offered during their flights, and many budget airlines operate from low-cost secondary air bases.

Airlines operating from Macau airport pay lower fees than they would at other airports in the region, especially in neighboring Hong Kong.

Pyne said the lower airport fees, the relatively lower salaries in Macau and a higher aircraft utilization rate will enable Viva Macau to enjoy costs that are 40% less than those of the big, established Asia airliners, such as Cathay Pacific Airways Ltd. (0293.HK) and Singapore Airlines Ltd. (S55.SG).

"If you drive fares low enough, you generate bigger and bigger volume," Pyne said, adding budget airlines are volume-driven, where traditional airlines are yield-driven.

Asked whether Viva Macau could go public in the future, Pyne said it is too early to say, but "it's a logical outcome (depending) on how business unfolds."

 

Viva Macau Plans to Buy Airbus's A350 or Boeing's 787
Vicki Kwong, Bloomberg, 15 December 2005

Dec. 15 (Bloomberg) -- Viva Macau, the first discount airline in the former Portuguese colony, will announce an order by next month for new fuel-efficient aircraft from Airbus SAS or Boeing Co. that could be worth as much as $1.9 billion.

The Macau, China-based carrier, which plans to operate Asian routes next year before expanding to Europe and North America, will choose between the Airbus A350 and the Boeing 787 in an order for possibly 12 aircraft, Chief Executive Andrew Pyne said today in an interview in Hong Kong.

``Both aircraft types would give us the capability to fly non-stop to North America,'' Pyne said. ``Pricing and the structure of the financing would be very important in making the decision,'' he said.

Viva Macau, which seeks to fly routes other than those served by discount carriers AirAsia Bhd. and Tiger Airways Pte, wants to tap rising travel to and from the world's biggest gaming hub after Las Vegas. Airbus and Boeing are seeking buyers for their latest 787 and A350 models as airlines turn to more fuel-efficient aircraft amid record oil prices.

Macau's gaming industry is expanding after the government ended a 42-year monopoly of casino owner Stanley Ho. Las Vegas Sands Corp., Wynn Resorts and other companies are building gaming resorts in Macau, the only place in China where casinos are legal.

Asia's Discount Carriers

Viva Macau will join at least 18 discount carriers that have emerged in Asia in the past three years. Oasis Hong Kong Airlines Ltd., the city's first low-fare carrier, also plans to fly to the U.S. and Europe. It aims to start flights to London in June 2006, Chief Executive Steve Miller said on Dec. 1.

Malaysia's AirAsia, Southeast Asia's biggest discount carrier, flies to Macau from Kuala Lumpur and Bangkok. Tiger Airways, partly owned by Singapore Airlines Ltd., operates flights between the city state and Macau.

An order for the A350 or the 787 will prepare Viva Macau for flights outside Asia. The airline is considering the A350- 800, which can carry 253 passengers each and fly up to 8,800 nautical miles (16,300 kilometers), or non-stop from Macau to New York. An A350-800 has a catalog price of about $160 million.

Viva Macau is comparing that with Boeing's 787-8, Pyne said. The 787-8, which costs as much as $135 million each at catalog prices, can fly up to 8,500 nautical miles with as many as 250 passengers.

``The 787 has an edge because it's going to be available earlier,'' Pyne said. Chicago-based Boeing's 787 will be ready for service in 2008. The A350, which Toulouse, France-based Airbus is offering to challenge the 787, will enter service in 2010.

A350 Vs Boeing 787

Airbus and Boeing are building fuel-efficient aircraft as airlines worldwide seek to save costs by cutting fuel consumption. The A350 and the 787 will use fuel-saving engines and lightweight materials.

Boeing, the world's second-largest commercial aircraft maker, yesterday won an order valued at $6.1 billion for 45 of its 787 model from Qantas Airways Ltd. as Australia's biggest airline adds profitable international routes.

Including options to buy 20 additional 787 Dreamliners and purchase rights to 50 more, the order is worth as much as $18 billion and the largest 787 purchase to date, Boeing said. The planemaker is on course to win more orders than Airbus for the first time in five years.

Singapore Airlines, Asia's most-profitable carrier, is considering the A350 and the 787. The airline aims to finish a fleet expansion study by the end of this year and make a decision in early 2006, Chief Executive Chew Choon Seng said in a Nov. 18 interview.

Asian Routes

Viva Macau plans to fly to Southeast Asia from June 2006, with the aim of starting flights to the Middle East and Europe in the first year, said Pyne, a former executive with Hong Kong's Cathay Pacific Airways Ltd. He declined to name the cities before getting approval from the Macau government.

Air Macau Ltd., which has an exclusive operating license in the city, agreed to give some of its traffic rights to Viva Macau and the government is looking at the agreement between the two carriers, he said.

The two airlines won't compete on the same routes, Pyne said. Air Macau is using just three of Macau's 43 air services agreements, Euphemia Lam, a spokeswoman for the city's Civil Aviation Authority, said by telephone today.

Air Macau, controlled by China National Aviation Co., flies mainly to Chinese cities. It has flights to Seoul and Manila.

Viva Macau will begin flights with three leased Boeing 767s or Airbus A330s, Pyne said. The airline wants to expand its fleet to 10 to 15 aircraft by 2010, before phasing out the leased planes for new ones.

The company will lease aircraft with funds from shareholders, including President Ngan In-leng. It's in talks with banks to finance the purchase of planes, Pyne said. William Ho, brother of Macau Chief Executive Edmund Ho, is also a shareholder in Viva Macau.

The airline, formerly known as WOW!Macau, dropped the name as it's similar to WOW, an alliance formed by the cargo units of Deutsche Lufthansa AG, Singapore Airlines, Japan Airlines Corp. and Scandinavian Airlines.


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