L-Air Holding announces contract with Belgium Universal Airlines

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L-Air Holding, Inc, (the "Company") announces it has executed a contract for the benefit of "Belgium Universal Airways" with the Brussels based Tour Operator VGAA N.V., with registered office at 400 Leopold I, represented by Mr. H. YERISTAN. Under the terms of this agreement, Belgium Universal Airways will operate a route from Brussels to Yerevan with a stop in Lyon France then to Los Angeles (LAX) once a week with an Airbus A340-300 in a three class configuration for the benefit of VGAA N.V.