OST-95-418 - Florida West International Airways, Inc. - Re: Monsour Rasnavad, Ownership of FWIA

Florida West International Airways, Inc.

OST-95-418 | June 13, 1997

Re: Monsour Rasnavad, Ownership of FWIA

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I am writing on behalf of Mansour Rasnavad to address various concerns the Department has had with respect to Mr. Rasnavad's holding and exercise of a majority interest in Florida West International Airways, Inc. By this letter, we are making a formal request that Mr. Rasnavad be permitted to retain his interest, to resume his position as a director, and to exercise the right to vote his shares of stock. In order to permit Mr. Rasnavad and FWIA to move forward with their business plans without creating unnecessary uncertainties, we also request that the Department make every effort to reach a decision on this request as promptly as possible, and, in the interim, to allow Mr. Rasnavad to resume his position on a provisional basis after the expiration of the comment period. FWIA has authorized Mr. Rasnavad to advise the Department that the carrier fully supports this request.

Counsel: Sher Blackwell, Mark Atwood, 202-463-2513

Florida West International Airways, Inc.

OST-97-2648, OST-97-2646, OST-95-418 | July 3, 1997

Letter from John Coleman to Mark Atwood Regarding Mansour Rasnavad

This is to advise you that, based on our review of this material, we are tentatively of the view that Mr. Rasnavad's performance at Buffalo Airways does not reflect an unsatisfactory compliance disposition. We note that FWIA has recently applied to the Department for renewal of its operating authority beyond the current August 6, 1997, expiration date. The issue of Mr. Rasnavad's participation will be taken up in that proceeding. In the meantime, we have no objection to Mr. Rasnavad's voting his stock interest and serving on the carrier's Board of Directors.