Spotlight Capital Holdings Inc (SLCH)

[Lesson Learned]

I can answer that for you.

Right now Twin Air Calypso is Registered through the FAA as a Part 135 Air Carrier. This authorization deals with air-worthiness and the ability to assure the safety to human life. Basically everything to do with planes, pilots and air traffic rules.

They are also right now, Authorized as DOT Section 298 On-Demand Charter Service. This means that Twin Air is only authorized to fly by request, they can not list a flight schedule. Under the On-Demand designation they are restricted to flying 4 or less flights per 7 day period to each destination. So therefore, if Twin Air flys to 3 different destinations, under the On-Demand designation, they would be able to fly up to 12 round trip flights per week.

If issued, under the new DOT Commuter Air Carrier designation Twin Air would then be authorized to fly additional flights and authorized to publish schedules. Basically, to become an airline, instead of a Charter air service. This means an opportunity to fly many more passengers.

While FAA deals with airworthiness and air safety, DOT deals with the ability of a company to efficiently operate an air service. They look at company structure, personnel, financials, etc to determine if Twin Air would be capable of sustaining a regularly scheduled air service, without compromising passenger convenience and safety.

Hope that answered your question.