Tempus Applied Solutions Holdings Inc fka TMPS

[BillJay]

I hope we hear some news from Tristar Air UK subsidiary shortly:

The use of a Private Finance Initiative (PFI) rather than purchase. Under the PFI the RAF will pay for aerial refueling and air transport missions as required. The RAF will continue to retain responsibility for all military missions, whilst the contractor will own, manage and maintain the aircraft and also provide training facilities and some personnel. The private company will also be able to earn extra revenue by using aircraft for commercial operations when not required by the RAF — the most suitable of which would be leased air-refueling missions for other European air forces. The RAF however will always have the "first call" on aircraft, being able to mobilize the entire fleet in times of crisis.