September __, 2000 Dear Series B Preferred Shareholders: On May 3, 2000, we, Aviation Group, Inc., entered into an arrangement agreement with travelbyus.com ltd., an Ontario corporation, under which travelbyus.com will become a subsidiary of our...Exchange Offer • October 10th, 2000 • Aviation Group Inc • Air transportation, scheduled
On May 3, 2000, we, Aviation Group, Inc., entered into an arrangement agreement with travelbyus.com ltd., an Ontario corporation, under which travelbyus.com will become a subsidiary of our Canadian subsidiary, Aviation Group Canada Ltd. The arrangement, conducted in accordance with Canadian law, will result in a business combination between us and travelbyus.com. The arrangement is one of the major steps of our plan to redirect our business strategy from providing airline companies with airline-related services and products to the e-commerce travel industry.
