| Proposed Ticker: JETC | ||
| Exchange: NASDAQ-Small Cap Market | Foster City, California | |
| Industry: Transportation |
| All share information is proposed | ||||
| Type of Shares: | Common Shares | Filing Date: | 5/29/96 | |
| U.S. Shares Filed: | 3,000,000 | Filing Price: | $5.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $15,000,000 | |
| Primary Shares: | 3,000,000 | Expenses: | - | |
| Secondary Shares: | 0 | Shs Out After: | 8,600,000 | |
| Manager | Tier | Phone |
| Whale Securities Company | Lead Manager | (212) 484-2057 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| Revenue: | Assets: | ||||
| Net Income: | Liabilities: | ||||
| EPS: | Equity: | ||||
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company is a development stage company formed to provide low cost, low fare, transcontinental and other long haul passenger service to secondary airports serving major metropolitan areas. |
| Use of Proceeds |
| Proceeds from the proposed offering will be used to lease aircraft, to compensate employees and to pay for fuel, maintenance and other flight expenses. A portion of the proceeds will also go toward sales and marketing and other general corporate purposes. |
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