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Macao's ex-budget airline president vows to launch luxury charter flights

(Xinhua)
Updated: 2010-10-18 16:39
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MACAO - Ngan In Leng, president of low-cost carrier Viva Macao that went bankrupt two months ago, planned to start his new aviation business focusing on luxury charter flights for well-heeled customers by the end of this year, the Macao Post Daily reported on Monday.

The newspaper quoted Ngan as saying that preparations for his new airline company were going "smoothly" and that he was just waiting for the planes to get his new aviation business off the ground.

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According to Ngan, his new joint venture, which he said had already been approved by the government, will operate under an independent aviation license, unlike Viva Macao's sub-concession license granted by Air Macao.

Ngan, who briefed reporters about his new joint venture Saturday on the sidelines of a public function in Coloane, did not reveal any information on his joint-venture partners.

Established in 2005, Ngan's Viva Macao came to an abrupt end in March after failing to resolve payment issues with its local fuel supplier that left its fleet grounded, leading to a mass cancellation of flights.

Ngan kept mum on Viva Macao's overdue loan repayments to the government when asked about the case, adding that it was "in the courts now".