Re: Northeast Bolivian announcement

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Does anyone else find it interesting, or a little bit strange, that an
airline based in spanish speaking country would carry a purely english name
like Northeast Bolivian Airlines?

Jeff

-----Original Message-----
From: The Airline List [mailto:AIRLINE@xxxxxxxxxxxxxxxxx]On Behalf Of
LATIN AVIATION
Sent: Monday, September 08, 2003 8:42 AM
To: AIRLINE@xxxxxxxxxxxxxxxxx
Subject: Northeast Bolivian announcement


TRISTAR CAPITAL (Nevada) LLC purchases 35%, finances and leases Lockheed
L1011 Tristar 300 Passenger Aircraft to NORTHEAST BOLIVIAN AIRLINES SA
("NEBA") commencing charter flights from Latin America to the Caribbean and
other points by October 1st.
NORTHEAST BOLIVIAN AIRLINES SA ("NEBA") is a Bolivian Charter Airline that
will soon to take off from Cochabamba, Bolivia to provide charter services
to other airlines, tour operators, cruise lines, sports teams, UN or
military troop transportation and quite possibly VIP, head of state or music
tours and similar productions. NEBA has taken delivery of its first of (3)
Lockheed L1011 Tristar wide-body aircraft with 300 seats in a two (2) class
configuration for worldwide charters, sub-service contracts, VIP flights and
wet-lease programs leased from and financed by TRISTAR CAPITAL (Nevada) LLC
of Carson City, Nevada USA. Bolivia was chosen as a viable investment target
due to its political stabilization, the fact that Bolivia is an FAA Categroy
1 Country with very stringent certifcation and safety standards and in part
due to low labor and facilites cost structure, due to high number of high
quality well trained and experienced airline management, techncial personnel
and flight crews. In addition Bolivia has a stratigic location in the center
of South America that make it feasable to pick up charter or wet-lease
programs from airlines and tour operators neighboring MERCOSUR countries.

FOR IMMEDIATE RELEASE:

COCHABAMBA, BOLIVIA (PRWEB)4 Sep 2003

TRISTAR CAPITAL (Nevada) LLC as owner/lessor and The Flightstar Group, Inc.
of Florida as aircraft manager are pleased to confirm it has funded and
delivered its first of three Lockheed L1011 passenger aircraft to NEBA or
NORTHEAST BOLVIAN AIRLINES SA (NEBA) f/k/a Northeast Bolivian Airways Ltda.

Mr. John Poindexter, the managing member of Tristar Capital LLC and a
Director-Board Member of NEBA confirms the first fully refurbished and
custom painted Lockheed L1011-50 Tristar aircraft powered by ROLLS ROYCE
RB211 engines is Stage 3 noise compliant as well as CAT 3 auto-land
certified. The L1011-50 aircraft, formerly operated by TWA and refurbished
by Hamilton Aerospace Technologies was delivered by TRISTAR CAPITAL LLC and
flown non-stop 8.5 hours from Tucson, Arizona to Cochabamba, Bolivia
arriving on the evening of July 12th.

Our L1011 aircraft is undergoing Bolivian DGAC (CAA) certification,
reregistration to Bolivia, inspections and is being used for NEBA flight
attendant and techical crew training.

TRISTAR CAPITAL (Nevada) LLC has completed the acquistion and purchase of
35% of Northeast Bolivian Airlines, SA and will sit on the board of
directors. Tristar Captial LLC is also providing NEBA with an interim line
of credit for tooling, equipment and working capital sufficent to take care
of crew training, airline recertification and upgrading of the airline from
a smaller 33 year old family owned airline operator to a truely ¨World Class
Wide Body Charter Operation".

Northeast Bolivian Airlines SA currently has about 25 employees (about 50
full time employees are planned in the next quarter). There are 4 L1011
technical and airline business planning consultants on board or under
contract from TRISTAR CAPITAL LLC that are working diligently to recertify
the airline by October 1st, 2003.

Northeast Bolivian Airlines SA (NEBA) is planning to add 2 more Lockheed
L1011´s in an identical configuration of 300 seats (28 business class and
272 economy) within the next 3 to 6 months. In addition NEBA is negotiating
with a major European aircraft lessor for 3 Dornier 328 new generation 32
passenger regional aircraft to work as an EXPRESS affiliate of an
established Bolivian airline.

In addition NEBA has entered into a letter of intent to acquire 2 Boeing
727-100C Cargo Stage III aircraft from FLIGHTSTAR CAPITAL (Nevada) LLC for
startup of regional and intra South America cargo opertions or even hauling
its own freight from Paraguay, Ecuador and Bolivia.

Northeast Bolivian Airlines SA and TRISTAR CAPITAL LLC may be seeking
additional expansion capital or access to credit facilites or
lease-financing of newer generation jet aircraft after it is fully
operational, fully recertified and flying on contracts.

NEBA or NORTHEAST BOLIVIAN AIRLINES SA has a website with photos and
information that is up and running.
###



Contact Information
John Poindexter
Tristar Capital (nevada) Llc
http://www.nebolivianairlines.com
USA 1-305-476-6000

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