August 2011 - Delta Virtual Airlines

Then you ask, how and to whom are the contributions made? This is where Global Virtual Airlines Group plays
an important function. It was created to provide an overall corporate entity to own software rights, domain
names and provide a set of policies for creating budgets and receiving contributions. Global Virtual Airlines
Group has two subsidiaries, Aviation Français Virtuel Airline and Delta Virtual Airlines.
So how does this all work? At the end of the fiscal year, August, the treasurer summarizes expenditures and
provides a spending plan for the next year. The information is supplied to the volunteer contributors, who are
“shareowners.” The term shareowner and shares are used simply to identify a portion of the expenses paid by
the contribution. Currently one portion or share is $10 of contribution. The shareowners are asked to ratify the
report and proposed spending plan.
The prior year “shareowners” or contributors are given first opportunity to purchase “shares” for the new year.
Any remaining shares are offered to those who volunteer to contribute. If you are interested in being a
volunteer, make your intentions known to the Treasurer of Global Virtual Airlines Group
Treasurer@GVAGroup.org
Thank you for indulging my description of how things work. I realize that it is not exciting and fun, but it is a
necessary part that assures that we can continue providing services.
Wishing you all blue sky and smooth air!
Thank you for flying Delta Virtual Airlines,
Terry Eshenour
President, Senior Captain
DVA057
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August 2011