FORT LAUDERDALE, Fla., May 29, 2014 (GLOBE NEWSWIRE) -- Basta Holdings Corp. (OTCBB: BSTA ), an aviation services and logistics management company, today announced the appointment of Joseph Hugh Avery as the Company's Vice President of Operations.
Mr. Avery has 15 years of experience in the aviation industry, including most recently serving as Vice President of Avantair in 2013 where he managed operations, training and business development for 14 CFR Part 135 and 91K air carrier and operating a fleet of Piaggio aircraft in both domestic and international operations.
From April 2011 to December 2012, Mr. Avery was Vice President of Operations for Orion Air Group/Tempus Jets where he was responsible for the management of operations, programs, training and business development for 14 CFR Part 135 air carrier certificate and part 91 managed aircraft.
In both roles, he managed multi-million dollar assets and while with Orion Air Group, he was responsible for fulfilling corporate, government and private client contracts for aviation services using a wide variety of aircraft from light jets to heavy international jets in addition to managing Department of Defense contracts in Africa and Afghanistan.
From March 2009 to February 2011, Mr. Avery served as Director of Operations for Presidential Airways, an aviation corporation that serviced US government clients worldwide, including the Department of State and Department of Defense. He worked closely with these government organizations, negotiated contracts, recruited top management and developed and led complex projects. Mr. Avery has also served as a Specialist in the United States Air Force.
Jacob Gitman, the Company's President, commented, "Basta Holdings is very excited to welcome Joseph Hugh Avery as its Vice President of Operations. Mr. Avery is a proven leader who will have a significant and immediate positive impact on the operations and expansion efforts of Basta Holdings. We believe that his experience in successfully managing multi-million dollar assets, negotiating contracts and working with the government agencies with the highest security clearance to select and manage vendors, will provide tremendous value to our corporation and its shareholders."
About Basta Holdings Corp.
Basta Holdings Corp. provides contract procurement, business development and management services in the aviation and logistics industries. The company specializes in management of long-term ACMI leases of fixed wing and rotary passenger and cargo aircrafts and private business aviation, which includes charter, maintenance, overhaul and FBO development and management as well as various auxiliary services. For more information on the company, please visit www.bastaholdings.com .
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical facts included in this press release are forward-looking statements. These statements relate to future events or to the Company's future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. No past reve nue or other performance can guarantee the same or better performance in the future. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. Such risks, uncertainties and other factors, which could impact the Company and the forward-looking statements contained herein are included in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
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