AvStar Aviation Group, Inc. Announces Overview of Flight Operations for the First Six Months of 2011

HOUSTON, July 28, 2011 /PRNewswire/ -- AvStar Aviation Group, Inc. (AvStar) (OTCQB: AAVG) today announced that during the first six months of 2011 Twin Air Calypso Limited, Inc. logged a total of 1669 flight hours compared to 1660 flight hours in the corresponding period of 2010. This one-half of one percent increase in flight hours generated revenues of approximately $1,225,000.00. This is an increase of 35% over the first six months of 2010. During this period the load factor for each flight exceeded 85%. This level of revenue combined with the cost reductions realized this year should make the company marginally profitable in the second quarter. However, the current infrastructure will allow for our planned growth to 4500-5000 flight hours without fixed cost increases. With the fixed costs accounted for in the first 1700 flight hours, as aircraft are returned to service each marginal increase in revenue will contribute a larger portion to profit. Continuing to closely monitor our variable costs, the largest being fuel, will assure the company's continued return to profitability.

"The first six months of 2011 has been one of taking advantage of opportunities and preparing for the future. The successes have come because of a lot of hard work and cooperation from the staff. As management and stockholders we owe them our continued thanks and support. With the commuter application currently in the hands of the DOT, the balance of 2011 will be busy, as we prepare to take full advantage of the opportunities the authority will afford. With the staff fully in place and approved, I will now turn some of my attention to developing the third party maintenance, repair and fueling operations of AvStar. Not only will development in those areas provide additional revenue for AvStar but offset some of the fixed costs needed for the airline operation; a win-win situation for stockholder equity," said Clayton Gamber, CEO of AvStar Aviation Group, Inc.

Forward-Looking Statements: Certain statements contained in this release issued by AvStar Aviation Group, Inc. (the "Company") that are not historical facts are "forward-looking" statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, and because such statements involve risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements are statements regarding the intent, belief, or current expectations, estimates, or projections of the Company, its directors, or its officers about the Company and the industry in which it operates and are based on assumptions made by management. Although the Company believes that its expectations are based on reasonable assumptions, it can give no assurance that the anticipated results will occur. When issued in this report, the words "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," and similar expressions are generally intended to identify forward-looking statements.

Contact:
Clayton I. Gamber Jr.
President/CEO
Phone: 713-965-7582
http://www.avstarinc.com
cgamber(at)avstarinc(dot)com

SOURCE AvStar Aviation Group, Inc.

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