HOUSTON, July 1, 2011 /PRNewswire via COMTEX/ -- AvStar Aviation Group, Inc. (AvStar) (otcqb:AAVG) today announced that its wholly owned subsidiary Twin Air Calypso Limited, Inc. has received revenues in the first half of 2011 that exceeded the corresponding period of 2010 by 30%. Revenue for the period ending 6/30/2011 was $1,225,000 compared to $890,000 for the same period in 2010. This level of revenue was not realized in 2010 until September. The results were due in large part to the company increasing carrying capacity, but also to increased equipment reliability and operational upgrades.
"This revenue increase is a tribute to a great job done by our staff. Their dedication to this company is incredible and bodes well for the future. We are in a good position going into the low season of late summer and fall. During this time we will continue to refurbish aircraft and ready ourselves for the high season of 2011-2012," said Clayton Gamber, CEO of AvStar Aviation Group, Inc.
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