AerLine Holdings to Sell XTRA Airways

AerLine Holdings has entered into negotiations to sell its wholly-owned subsidiary XTRA Airways. XTRA Airways has operated Boeing 737 aircraft in its charter fleet flying sports teams, rock bands, relief flights from Caribbean Islands including Puerto Rico, scheduled service between Saipan in the U.S. Mariana Islands and China, sub-service for tour operators within Europe, deportees for the U.S. Department of Homeland Security, and most recently supplying two highly customized executive 737 aircraft for the Hillary Clinton presidential campaign. XTRA Airways is one of the few charter carriers having scheduled service (U.S.-flag) authority, is certified to fly within Europe, and is